Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In the first 9 months of 2022, Angolan crude exports increased by 3.0% year-on-year, to an average of 1.16 million barrels per day (mbd).
The President of the Republic decreed the nationalization of 3 private stakes in companies, which resulted in the possession of of Unitel and Sociedade Mineira de Catoca by the State.
The Kwanza depreciated quite significantly last week, 6.2% against the USD and 7.9% against the EUR.

Best regards,
BFA

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