LUANDA 2021 ANGOLA | AFRICAN CITIES TO INVEST IN SERIES
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Luanda is the capital of Angola. It is on the Angola's Atlantic coast. Its current renaissance is a truly inspiring success story. In recent history, the center of decades of conflict, Luanda had historically had difficulties with maintaining a clean and accessible water supply, and decades of war and insecurity exacerbated the situation. The influx of new residents completely overwhelmed the capacity of the city’s public services, such as sewage treatment and trash collection. Even in the years following the civil war, Luanda was still vulnerable to frequent outbreaks of cholera and other diseases stemming from a lack of potable water.
But the start of the 21st century has seen a massive boom in construction in Luanda, where peace and stability have attracted numerous foreign companies to invest in offices in the city. The government of Angola, getting rich off revenue from oil, diamond, and other natural resources, is also investing heavily in and around Luanda, including large social housing highrises to replace slums and existing dilapidated (and often bullet‐ridden) highrises; extensive repaving; the construction of several six‐lane highways leading out of the city; the reconstruction of railroad lines leading out of the city; and a large new airport currently being constructed outside of town.
Luanda is an industrial centre; manufactures include beverages, automotive products, and cement. Petroleum was discovered nearby in 1955, and there is a refinery at the north end of Luanda Bay. Agricultural products produced in the area include coffee, cotton, sugarcane, oilseeds, and palm oil and kernels; cattle raising is locally important.
Agricultural products produced in the area include coffee, cotton, sugarcane, oilseeds, and palm oil and kernels; cattle raising is locally important. In addition to the city’s port facilities, Luanda is served by an international airport and the Luanda Railway,