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...years of civil war ended in Angola in 2002, Luanda was anything but a boomtown. Bombed out and rubbish strewn, the capital was - and still is - home to one of Africa's biggest slums. Five years later, the pace of growth is best measured by the island of Mussulu, a former fisherman's village off Luanda. Today Mussulu is a playground for Angola's new oil oligarchs. Its white shoreline, 10 minutes south of Luanda's new yacht club, is teeming with power boats and jet skis. "That guy likes to bring people here in his helicopter," says Valdemir...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

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