Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • Between January and August this year, Angola exported around 6.67 million carats of diamonds, an increase of 80% compared to the same period last year;

  • Last Friday, ANPG announced the result of the bidding process for the 9 blocks located in the Lower Congo and Kwanza Onshore Basins;

  • Last Tuesday, IGAPE started a public tender through an electronic auction for the privatization of 4 agro-industrial companies;

  • Sonangol concluded the sale of 30% of its shares in the Sonadiets Group to Dietsman Marine;

  • In the foreign exchange market, the week was marked by a significant appreciation of the Kwanza against the Dollar (2.7%) and against the Euro (3%).



Best regards,
BFA


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