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    • Angolan Kwanza (AOA)

Angolan Kwanza (AOA) Newsletter
  • Angola: Non-oil sector especially agro-industry is economy growth driver – government 28 Sep 2023 00:57 GMT

    … Economies have these seasonal variations, Angola is not outside the classic … of the Doing Business Angola conference, which took place … policy for the Angolan market. The kwanza fell sharply in … over 500 kwanzas, but in May the Angolan currency began to …

  • African foreign currency liquidity shortages are driving financial innovation 22 Sep 2023 14:51 GMT

    … trade, the current foreign currency liquidity shortage in some … , Tanzania, Nigeria, and Angola have recently struggled with US … attracting trade and investment. Angola, for instance, is … is devaluing the local Kwanza. Angolan policymakers have responded to …

  • Angola’s privatisation programme forges ahead 21 Sep 2023 00:04 GMT

    … textiles companies. They also included Angola’s “crown jewels” – … public offering). The Angolan Debt and Equity Exchange … The depreciation of the Angolan currency, the kwanza, has been the … its activities. The Angolan privatisation programme is therefore …

  • Angola: Central bank fines others €142,000 for misdemeanours 07 Sep 2023 01:57 GMT

    … interbank transfer operations in national currency, “a fact that violates the … services”. Banco Angolano de Investimentos was fined 40 million kwanzas (€45,000 … out interbank transfers in national currency, as well as the deadline …

  • Angola Key Message Update: Historic currency depreciation continues to push up staple food prices, July 2023 03 Aug 2023 20:02 GMT

    … support measures to the Angolan Kwanza, reported on in FEWS … Monitoring Update, the local currency has significantly depreciated, … increased, according to the Angola Central Bank (BNA), … include difficulty securing foreign currency, are also constraining the …

  • Citigroup sees silver lining to Nigerian, Angolan currency rout - Bloomberg 30 Aug 2023 13:58 GMT

    … is the worst-performing African currency this year, slumping more … exchange-rate system. Angola’s kwanza is down 39% and … allow the nation’s currency to weaken has contributed … imported raw materials.  The Angolan Kwanza has depreciated rapidly this year …

  • Fly Angola Ceases Domestic Operations Amidst Economic Challenges 28 Aug 2023 23:55 GMT

    … reports. Financial Struggles and Currency Fluctuations Fly Angola’s decision to suspend … statement. The devaluation of the Angolan kwanza against the US dollar has … challenges, the national carrier TAAG Angola Airlines has reported profitability, thanks …

  • Citigroup Sees Silver Lining to Nigerian, Angolan Currency Rout 28 Aug 2023 16:18 GMT

    (Bloomberg) -- Nigeria, Angola and Kenya are among … is the worst-performing African currency this year, slumping more than … criticized exchange-rate system. Angola’s kwanza is down 39% and the … to make sure the official FX market can function smoothly in the …

  • Angola: GDP growth to slow to 1.7pct in 2023 as inflation rises – Oxford Economics 29 Aug 2023 00:21 GMT

    … the robust strengthening of the kwanza in the first half … persistent weakness of the currency has had an impact … consumer products.” Since May, Angola’s currency has been weakening sharply, … the analysts conclude. Inflation in Angola has accelerated to 12.1% …

  • Fly Angola Suspends Domestic Flights Following Economic Constraints 27 Aug 2023 01:27 GMT

    … by the devaluation of the Angolan currency and unsustainable operating costs. The … According to ch-aviation, the Angolan currency, the kwanza, has seen unprecedented dips … bubbling political landscape nearby. Domestic Angolan travel is mostly essential rather …

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