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Luanda The Second Most Expensive City In The World

AFRICANGLOBE - According to Mercer's 2016 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, pushing Luanda, Angola to second position. Zurich and Singapore remain in third and fourth positions, respectively, whereas Tokyo is in fifth, up six places from last year. Kinshasa, ranked sixth, appears for the first time in the top 10, moving up from thirteenth place.

Accra, Nairobi Adding Millionaires Faster Than Any Other African Cities

AFRICANGLOBE - The Ghanaian capital of Accra is expected to add dollar millionaires at the fastest rate of any African city over the next decade, as a stable political climate and developed banking system help boost financial services, telecommunications and property development.

African Cities Make It To The World’s Elite List

AFRICANGLOBE - The future potential of 125 cities was measured by A.T. Kearney and African cities made it onto the list along with the most influential cites in the world like New York and London as places that are creating and entrenching a global footprint.

Africa’s Most Dynamic Cities

AFRICANGLOBE - By 2030, half of Africa’s population will live in cities where economic activity and growth will be focused and which will become communication centers and hubs for social trends. The report says that “the global megatrends are colliding across Africa.” It points to the growing middle class, strong demographic growth with an improving age mix, technological innovation

Which African Cities Will Offer The Best Opportunities In Coming Years?

AFRICANGLOBE - CEOs are gradually recognising the untapped opportunities in Africa. But which African cities will offer the best business potential in the coming years? A recent note by professional services firm PwC suggests the most lucrative opportunities might not be in the region’s three largest cities

Survey Reveals Africa’s Most Expensive Cities

AFRICANGLOBE - Two African cities – Luanda and Juba – are included in the top 10 of a recent ranking of the world’s most expensive cities for expatriates.