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Why is Angola’s capital the most expensive city in the world? According to Mercer’s annual “cost of living” ranking, that was released today, Angola’s capital Luanda is the most expensive city in the world, ahead of more usual suspects like Hong Kong, Zurich, and Singapore
What’s the future of Angola’s economy? | World Economic Forum Luanda is the most expensive city in the world, according to one cost-of-living ranking While it still has immense potential for further development of its natural resources, Angola hasn’t even begun to explore natural gas, for example, and its agricultural sector has yet to recover from civil war
10 cities are predicted to gain megacity status by 2030 But Chengdu? Hyderabad? Luanda? They are among 10 cities that the UN predicts will break the 10 million mark between now and 2030, bringing the total number of megacities to 43 The rise in the number of megacities is the most visible evidence of the accelerating global trend towards urbanization
How will Africa change by 2030? | World Economic Forum Publication does not imply endorsement of views by the World Economic Forum To keep up with the Agenda subscribe to our weekly newsletter Author: Christine Mungai is a writer journalist with Mail Guardian Africa Image: Dusk settles over the Angolan capital, Luanda REUTERS Mike Hutchings
Heres what you need to know about the megacities of the future Luanda is expected to undergo a 60% increase in its population between 2017 and 2030, placing further strain on housing, transport, public utilities and sanitation The Lagos neighbourhood of Makoko, the world’s largest floating slum, has seen a huge influx of migrant workers who are living in squalid conditions
Alexandre Gorito - Agenda Contributor | World Economic Forum Alexandre Gorito is a partner and managing director in the Luanda office of The Boston Consulting Group lexandre Gorito is a partner and managing director in the Luanda office of The Boston Consulting Group