Expensive Luanda
Author
Steffi Njoh Monny

“For the past two years, Luanda—not Tokyo, Moscow, or Hong Kong—has been named, by the global consulting firm Mercer, as the world’s most expensive city for expatriates. Luanda’s lure, and its treasure, is oil. […] In the past decade, tens of thousands of American and European employees of international oil conglomerates, fortified by generous cost-of-living allowances, have descended on Luanda. […] The country now produces 1.8 million barrels of oil a day; in Africa, only Nigeria produces and exports more. The boom has transformed a failed state into one of the world’s fastest-growing economies.”

For more infos or details :

Extreme City on The New Yorker

Why Is Angola’s capital the most expensive city of the world ? on the World Economic Forum’s blog

GDP per capita in each country in 2014, numbers of the World Bank

2015 Cost Of Living Rankings Infographic by Mercer

“Transport costs in East Africa 60% higher than in US and Europe” on How To Make It In Africa

Artwork :

M.Y – B(s)ttF

Author

Steffi Njoh Monny
Steffi, comme Steffi Graf. Même prénom, même date de naissance à vingt ans près, le parallèle s’arrête (à peu près) ici ! Bouillon de culture urbaine, maelström féministe, musique & mode en intraveineuse. A ses heures (résolument) perdues, elle rédige, alimente et édite le blog Africanism, sur la culture noire dans son ensemble. Une preuve supplémentaire, s'il en fallait une, de son adéquation avec le projet B(s)ttF.
All the team

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