BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week´s Angola Weekly:

Highlights:

• According to the ANPG, total oil production in March stood at 32.1 million barrels, which corresponds to an average of 1.03 million barrels per day (mbd). Production contracted by 6% qoq and fell by 2.0% yoy in the first quarter of 2025;

• Confidence levels in the Angolan economy deteriorated significantly in 2024, even in a context where GDP recorded the highest growth since 2014, standing at 4.4%.

Best regards,
BFA

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