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luxury goods and services, creating a stark contrast with the local population
This rapid urbanization has led to severe housing shortages and inflated prices.Expatriates face some of the highest living costs globally,
with monthly rents for a two-bedroom apartment reaching a staggering $6,800.Top hotels charge up to $485 per night, while high-end
restaurants demand $35 for a single meal
beyond housing and employment
bureaucracy, combined with a reliance on imported goods, further drives up the cost of living
Angolan government has recognized the need for change
Recent legislation aims to decentralize services by creating new provinces and municipalities.This move seeks to alleviate pressure on
Luanda and distribute economic opportunities more evenly across the country
Looking ahead, Angola faces the daunting task of diversifying its economy beyond oil.The country must develop non-oil sectors, particularly
agriculture, to create sustainable job opportunities
Improving infrastructure and public services remains crucial for addressing urban challenges and reducing inequality.Climate change adds
As global efforts to decarbonize intensify, Angola must prepare for a potential decline in oil demand.Building climate resilience and
Luanda stands at the crossroads of opportunity and adversity, embodying the complex realities of urban development in resource-rich African
