Angola’s Luanda, the most expensive city for ‘expats’
For the third year in a row Luanda, the capital of Angola, has held its grip on the title of being the most expensive city in the world for privileged migrant workers commonly known as expats So Mercer, the reputed global research body, released its 2015 Cost of Living Rankings which names the most (and […]
Angolan industrial sector experiencing cost of cheap oil
At the beginning of the year, Fibrex, a Luanda-based manufacturer, took delivery of a new $1m Chinese machine to boost its production of the large polyethylene pipes critical to sewerage and water networks With an eye on the Angolan government’s planned infrastructure spend for 2015, the company was expecting a bumper year and the kit […]
Angola could become a mining powerhouse
The government of Angola wants the country to become a mining powerhouse in Africa in order to attract more private investments that contribute to the diversification of the economy, said Friday in Luanda the minister of Geology and Mining. Francisco Queiroz, who was speaking during a debate on the impact of investment in the mining […]
Angola to reopen Mexican embassy
Mexico plans to open a new embassy in Angola to strengthen relations with the African nation, the Foreign Relations Secretariat said. Foreign Relations Secretary Jose Antonio Meade visited Angola during his working tour of Africa, the secretariat said in a statement. Meade said during his visit to Luanda, Angola’s capital, that the embassy would open […]
