Flash Note Nº 13

Dear subscriber [name],

We are sending our most recent Flash Note.

Highlights:

In the first quarter of 2024, Angolan GDP expanded by 4.6% compared to the same quarter in 2023.
The oil economy grew 6.9% in Q1 compared to the same period last year, registering the highest level of growth since Q3 2015, when it reached 8.1% yoy. ANPG data, which showed an increase in crude oil production of 7.5% yoy, already anticipated a growth in oil sector activity of the same order.
When we look at the coming quarters in non-oil economic activity, we anticipate a continuation of sustained growth, albeit with a slowdown – possibly temporary – already in Q2 2024.

Best regards,
BFA

If you wish to cancel your subscription, please click here.

Company Headquarters
Rua Amílcar Cabral, 58, Maianga – Luanda
Telephone: 222 638 900 • Fax: 222 638 911
www.bfa.ao

Speak to us

Available 24 hours a day. If you have questions,
suggestions or complaints, talk to us.

Social Networks

This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may contain information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may constitute as attorney work product. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error (i) destroy this message if a hard copy or (ii) delete this message and any attachments if this is an electronic communication. This message and any attachments are the exclusive responsibility of the sender, and BFA cannot be held liable for any eventual consequences that may arise from it.