Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • From January to August 2022, Angola exported a total of 5.8 million carats of diamonds, which represents a drop of 13,3% compared to the same period in 2021.

  • The National Diamond Company (ENDIAMA) announced this Wednesday the discovery of another diamond with more than 100 carats in the Lulo mine.

  • Last week, Sonangol collected around AOA 20.1 billion related to the Public Offer for Sale of Banco Caixa Geral de Angola (BCGA).

  • The capital and financial balance of Angola's balance of payments ended Q2 2022 with a negative balance of around USD 3.1 billion (bn).

  • The Federal Reserve (FED) raised the benchmark interest rate to 2008 levels.

Best regards,

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