Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

• Angola will buy 6 million doses of the Sputnik V vaccine, of Russian origin, for USD 111 million;
• The ratings agency Moody’s revised the growth forecast for Angola up to 2021, by 1.5 p.p, to 2.7%;
• Endiama announced that two diamonds of 131 and 133 carat were found at the Lulo mine in Lunda Norte;
• Restrictions on the import of a set of pre-packaged products were approved, in order to favour bulk imports, with local packaging;
• According to AIPEX, there were 345 private investment projects in the last three years, valued at USD 3.4 billion (Bn);
• In the oil market, Brent fluctuated between USD 60-65 during the past week, and is trading around USD 63-65 today.

Best regards,
BFA

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