THE ANGOLA REPORT - NOVEMBER 22, 2021
WORLD BANK AFRICA REGION MACROECONOMIC WEEKLY REPORT
The Office of the Chief Economist of the African Region, Albert G. Zeufack, provides a macroeconomic and financial weekly monitoring report. The monitor is comprised of four sections: 

  • "Covidonomics" Weekly Update
  • Economic and Financial News Update
  • Global Economic and Financial News of Relevance to Africa
  • High-Frequency Macro and Financial Indicators, Covid and mobility data. Information is organized in three areas: Region-wide, West & Central, and East & Southern.

Two new features:
  1. Graphs that plot the evolution of parallel and official exchange rates for selected countries.  
  2. A map of weekly changes in the number of Covid-19 cases.

The latest issue, published on November 19, 2021, can be found by clicking the button below.
Angola Invited To Join Africa 50 Group

ANGOP

Angola Friday received a verbal invitation to join the Africa 50 group, a pan-African platform for investments in infrastructures, made up of 28 countries, as shareholders...

Angola Joins Executive Board Of UNESCO

ANGOP

Angola was elected Wednesday member of the Executive Board of United Nations Educational, Scientific and Cultural Organisation (UNESCO) for 2022-2026...

Angola Targets Faster Expansion As Population Growth Surges

BLOOMBERG

Angola’s economy, which is expected to return to growth this year after a five-year recession, must expand at least 3% a year to provide for the needs of its growing population, the secretary of state for the budget said...

Angola, UK Committed To New Areas Of Cooperation

ANGOP

Outgoing ambassador of the United Kingdom Jessica Hand announced Wednesday in Luanda the expansion of cooperation with Angola to the mining, energy and renewable technologies sectors...

OPEC Daily Basket Price Stood At $80.32 A Barrel Friday, 19 November 2021

MARKET SCREENER

Vienna, Austria, 22 November 2021--The price of OPEC basket of thirteen crudes stood at $80.32 a barrel on Friday, compared with $79.37 the previous day, according to OPEC Secretariat calculations...

OPEC+ Exceeded Quota By 116% In October As Nigeria, Angola Underperformed
THIS DAY LIVE

The compliance by members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies known as OPEC Plus (OPEC+) with the group’s crude output restraint agreement edged higher in October...

Featured Article
President Encourages Afforestation, Preservation Of Environment

ANGOP

Moçâmedes - As part of the "Green Namibe" project, the President of the Republic, João Lourenço, today (Saturday) encouraged the preservation of the environment, by planting a tree in the area close to Welwitschia Mirabilis Airport, in the city of Moçâmedes...

Upcoming Events
Industrialization in Sub-Saharan:
Seizing Opportunities In Global Value Chains
November 23, 2021
Online
2nd Angola Oil & Gas Technology and Services Conference (AOTC)
November 23 - 25, 2021
The Palmeiras Suite Hotel, Luanda - Angola
Present and Virtual
THERE HAS NEVER BEEN A MORE IMPORTANT TIME FOR CLARITY, TO SHARE INFORMATION AND EXCHANGE IDEAS TO ENSURE THAT THE OIL AND GAS INDUSTRY IN ANGOLA IS STRONGER THAN EVER TO MEET THE CHALLENGES AHEAD

With both physical and virtual formats, the second Angola Oil and Gas Service and Technology Conference (AOTC), part of the Angola Energy Series, will be easily accessible for all providing a much-needed platform as a catalyst for business, helping all stakeholders, domestic and international, to identify opportunities and solutions through new projects and the development of new technologies

AOTC 2021 provides the opportunity for ministries, NOCs, regulators, IOCs, EPCs, service companies, and the whole oil and gas value chain to connect, collaborate and create real business opportunities throughout Angola's oil and gas industry. The first-class conference program will combine speakers drawn from industry leaders and global experts in addition to the opportunity to conduct one-to-one meetings with fellow participants.