Angola

According to the latest data from the National Statistics Institute, inflation hit 13.85% in May, up marginally from 13.73% in April. This translated into sequential inflation of 1.06%... 2010-06-28

Data collected by the IMF in the latest review of the Stand-By Agreement show that the banking sector still had a loan to deposit ratio 55.8% in 2009, suggesting banks are only deploying... 2010-06-28

We see the new law downgrading the status of the central bank as further evidence of economic and political power being centralised in Luanda. The move is likely to strain relations... 2010-06-01

The recent decision by Angola's government to demolish and relocate the Roque Santeiro market in downtown Luanda, a crucial source of affordable goods for poor Angolans inhabiting packed... 2010-06-01

In a sign of the country's recovering external position, Angola's foreign exchange reserves rose to US$13.78bn in March 2010, up from Us$12.01bn at the beginning of the year. Working... 2010-06-01

BMI View: Across the Sub-Saharan Africa region, inflation will soon bottom out and begin to rise owing to base effects, weak currencies, and buoyant economic activity. Against this... 2010-05-26

Angola's state-run diamond firm Endiama announced in April that it would resume production at three of its domestic mines. Although it did not provide many details, the company's... 2010-04-26

According to Angola's National Statistics Institute (INE), consumer price growth was recorded at 13.8% y-o-y in March, up from 13.7% in February. This translates into sequential price... 2010-04-26

In spite of recent pressures on the exchange rate, we believe the underlying fundamentals support a strengthening of the kwanza of 8.4% from current levels by the end of 2010. Our... 2010-04-22

In mid-March 2010, government officials confirmed that at least one big credit rating agency had been contacted to supply Angola with a foreign currency rating. Although the government... 2010-03-31