Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  •  From January to April 2022, Angola exported a total of 2.33 million carats of diamonds, a drop of 18.6% compared to the same period in 2021.

  • The price of crude oil ended the week close to USD 116, representing its highest value since the end of March.

  • Two sovereign guarantees were approved to support the construction of a Caustic Soda and Calcium Hydrochloride plant, amounting to USD 26,72 million, within the scope of Deutsche Bank's EUR 1 billion credit line.

  • The Angolan President approved last Tuesday a 10% increase in retirement pensions.

  • The Government also approved the salary adjustment for civil servants of the different categories.

Best regards,

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