BFA improves Angola’s GDP growth to up to 4.5% in 2024
Banco Fomento Angola (BFA) has raised its growth forecast for Angola’s economy in 2024 to as much as 4.5%, following stronger-than-expected results in the third […]
Banco Fomento Angola
Angola’s Etu Energias wants to produce 50,000 barrels of oil per day by 2025
Etu Energias, Angola’s largest private oil company, plans to increase production to 50,000 barrels per day by 2025, following the purchase of blocks from Galp […]
Angolan economy grows between 1% and 1.5% in 2023 penalized by oil performance
The Angolan economy is expected to grow between 1% and 1.5% in 2023, penalized by the performance of the oil sector, which is expected to […]
Angola: Banco Fomento forecasts inflation reduction to 14% by year’s end
The economic research office of Banco Fomento Angola (BFA) believes that inflation in the country should slow down to 14 or 15% by the end […]