So, what’s this scandalously expensive place — where a mid-level expat professional might earn $10,000 a month — like to visit?
First, some context.
Luanda is the capital of Africa’s second largest oil producer, Angola (Nigeria beats it), a rising political and economic powerhouse.
Yet the country also suffered a destructive and violent 27-year civil war, ending only in 2002, which crippled its infrastructure and decimated its ability to produce its own food.
As a consequence, almost everything in Luanda has to be imported.
Heavy import duties, along with high taxes and monopolized supply chains linked to the powerful political elite further drive up the price of goods and services to astronomical levels.