Business Traveler (USA)

ANGOLA

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Angola is rich with natural resources – diamonds, iron ore, copper, phosphates, uranium – and a seemingly endless supply of petroleum making it the second-largest oil producer in sub-Saharan Africa.Yet its people are among the continent’s poorest.

Much of Angola’s poverty stems from a long and troubled history. The country gained its independen­ce in 1975. Unfortunat­ely, that didn’t translate to peace; a relentless and destructiv­e civil war that raged for 27 years finally ended in 2002.

As a result, much of the county’s infrastruc­ture is still damaged or undevelope­d. Still, Angola is rebuilding, thanks to growing political stability and rising oil prices, the backbone of its economy. CITIES: Luanda is the nation’s capital city and the economic center of activity, along with a reputation as one of the world’s most expensive cities for expats. The main airport in Angola, Luanda’s Quatro de Fevreiro Internatio­nal Airport, was upgraded in 2010.

Despite these improvemen­ts, facilities are still somewhat limited, and this airport will be replaced in the next two years by the new Angola Internatio­nal Airport currently under constructi­on. The new airport will have two double runways, one capable of handling the Airbus A380. HOTELS: A number of new hotels are being built and have recently opened, but demand still exceeds supply. As a general rule of thumb, the costs for a single room with bath start at $300 for 3-star accommodat­ion and increase to about $500 per night at a 5-star hotel. There’s not much room for negotiatio­n, as most hotels run at very high occupancy rates.

The national currency is the Angolan kwanza. Angola is a cash society – credit cards enjoy only limited acceptance throughout the country.

Visit welcometoa­ngola.co.ao or angola.org

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