Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In January through April this year, crude exports stabilized compared to the same period last year (-0.2%), averaging 1.39 million barrels per day (mbd);
According to MinFin, Angola exported 2.46 million carats in diamonds between January and April this year, a year-on-year decrease of 26.5%;
The Angolan SOE managing entity (IGAPE) will hold a public virtual session for the presentation of four hotel units within the scope of the Privatization Programme;
In the foreign exchange market, the Kwanza depreciated 2.2% against the Dollar and closed the week at USD/AOA 575.4.

Best regards,
BFA

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