Word: luanda
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Pope John Paul II made evangelizing the Southern Hemisphere a priority of his papacy, visiting Africa 12 times, drawing massive crowds and presumably converting some with his charismatic presence. Benedict hopes to repeat the big crowds, particularly in an open-air mass in Luanda, Angola, on Sunday, though it remains an open question whether this Pope has the same powers of persuasion as his predecessor...
More than 3,000 miles (4,800 km) to the west, in the Angolan capital Luanda, another entrepreneur, Adérito Cassolongo, faces far tougher prospects. As a young man, he taught himself English and wangled a job with the U.N. Then, with a civil war raging, he caught a plane to South Africa, where he slept rough on the streets of Pretoria before becoming a boxer and earning $30 a week. In the evenings, he taught English to other Angolans, then built his own computers from spare parts and used them to set up a computer-training school. Today Cassolongo...
...result, there are two populations within Angola. Private bankers fly in by the planeload, business hotels in Luanda are booked months in advance, and monthly rents in the business district are the highest in Africa, ranging from $54 to $108 per sq. ft. ($600 to $1,200 per sq m). Meanwhile, hundreds of thousands of people live in Luanda's slums, malaria and cholera are rife, and 70% of the population of 16 million subsist below the poverty line. Surveying the forest of cranes on Luanda's skyline, a foreign businessman describes the operating environment as opaque, corrupt and hamstrung...
...become good Africa? Ari de Carvalho, a board member of ANIP, Angola's private-investment agency, thinks so. "Right now [the boom] benefits those who finance and carry out the projects," he admits. "But it will benefit the people in the long term." That's a minority view. Another Luanda-based observer says a change of course would require a change of government, but Angola's President José Eduardo dos Santos has not held an election since 1992. The observer describes the state as a ship heading for the reef of authoritarianism, corruption and popular discontent--a pattern seen...
...Angola, the government collected $10 billion in oil revenues in 2005 alone, and that number is expected to soar until production peaks in 2011. This is the first gusher of wealth in a country that has never known it. But the gains are not evenly spread. In downtown Luanda today, it's clear Angola's new rich are doing well. In April, the $35 million Belas Shopping Center - the country's first mall - opened in a new suburb called Nova Vida. There, in a store called Tapazio, they can shop for such baubles as silver-plated ashtrays...