Angola

Angola, a major African oil exporter, is experiencing a stable risk environment, largely benefiting from elevated global oil prices. With zero oil import dependency and minimal Hormuz exposure, the country is well-shielded from the ongoing supply disruptions. Domestic gasoline prices are affordable at $0.68/L, and the nation boasts 180 days of fuel reserves, indicating strong energy resilience. Although facing moderate food risk and a 30% rise in fertilizer costs, these are mitigated by increased oil revenues. The outlook for Angola remains positive, with high crude prices expected to continue bolstering its economy in the near term.