- Dec 27, 2005
- 6
- 3
The thing is Angola has to diversify it's economy and invest in infrastructure and social services..it had like 6bn missing from the state coffers over the last few years or so corruption exist in all societies. It has built a brand city outside the capital called Kilamba Kiaxi for 3.3bn, that is a city for 250,000 people but real estate is sky-high.The Chinese bulit it so it is moving forward.
One note is Angola could Industrialize at a fast pace it has all the resources to do so.. the only thing is lagging is education, skilled workers and human capital the local Angolans etc..but it will be a sight for sure in the coming decades.
African country that will booming this decade for sure are:
Angola
Uganda
Mozambique
Rwanda
Ghana
Liberia
South Sudan
Zambia
All are starting at a low base so the potential is high. I missed others but those are some eye popping one's
One note is Angola could Industrialize at a fast pace it has all the resources to do so.. the only thing is lagging is education, skilled workers and human capital the local Angolans etc..but it will be a sight for sure in the coming decades.
African country that will booming this decade for sure are:
Angola
Uganda
Mozambique
Rwanda
Ghana
Liberia
South Sudan
Zambia
All are starting at a low base so the potential is high. I missed others but those are some eye popping one's