Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

At the monetary policy committee (MPC) meeting held last Friday 25 November, the BNA decided to keep monetary policy conduct instruments unchanged, despite the annual inflation record of 16.7% in October, well below the 18% target for the end of this year.
The Angolan Government forecasts growth of 3.5% between 2023 and 2027, driven by the diversification of the economy, especially by new investments aimed at the agricultural sector.
In October, oil exports averaged close to 1.15 million barrels per day (mbd), down 4% from the same period in 2021. The average export price rose 25% yoy, averaging USD 92.4 per barrel.

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