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LequteMan
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The most expensive city in the world is not in Europe or the United States - it's in Africa.
According to Mercer's 21st Annual Cost of Living Survey, Angola’s capital city, Luanda has emerged, for the third year running, the costliest city in the world ahead of mega cities like New York and London.
However, unlike other countries represented in the top five, more than half of the Angolan population live below poverty line.
Luanda is Angola’s most populous and important city, a primary port and major industrial, cultural and urban centre. Expatriates pay as much as $400 per night for a decent hotel room in the city and up to $75 for a basic lunch. In order to keep up appearances, the Angolan government has been clearing the city of its poor, it called it “war against chaotic urbanization“.
An estimated one-third of the Angolan population lives in Luanda, where many were forced to run to in order to escape the country’s 27-year civil war. The gap between the rich and the poor in the city mirrors that of the rest of the country. The Angola government has been criticized for fighting the poor rather than fighting poverty.
Read: List: Top 9 Most Expensive Cities in The World
Culled from Ventures Africa
According to Mercer's 21st Annual Cost of Living Survey, Angola’s capital city, Luanda has emerged, for the third year running, the costliest city in the world ahead of mega cities like New York and London.
However, unlike other countries represented in the top five, more than half of the Angolan population live below poverty line.
Luanda is Angola’s most populous and important city, a primary port and major industrial, cultural and urban centre. Expatriates pay as much as $400 per night for a decent hotel room in the city and up to $75 for a basic lunch. In order to keep up appearances, the Angolan government has been clearing the city of its poor, it called it “war against chaotic urbanization“.
An estimated one-third of the Angolan population lives in Luanda, where many were forced to run to in order to escape the country’s 27-year civil war. The gap between the rich and the poor in the city mirrors that of the rest of the country. The Angola government has been criticized for fighting the poor rather than fighting poverty.
Read: List: Top 9 Most Expensive Cities in The World
Culled from Ventures Africa