BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Credit to the private sector in June stood at close to AOA 4.5 trillion, having in nominal terms registered a year-on-year increase of around 18.7%, which corresponds to AOA 711 billion (B);
Credit will also be affected by the recent movement in interest rates in the interbank money market;
Oil exports in May stood at close to 1.05 million barrels per day (mbd), a drop of 8.3% compared to the same period last year;
Sodiam raised USD 21.6 million from the sale of 2,974.24 carats of special stones.

Best regards,
BFA

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