Tuesday, June 17, 2025
29.4 C
Lagos

Luanda: Most Expensive African City for Expats in 2016

Luanda, the capital of Angola is the most expensive city in Africa for expatriates in 2016, according to a survey released on December 14 by ECA International. Worldwide, Angola’s capital moved from the fifth position in this ranking last year to the second this year.

In Africa, Luanda is followed by Kinshasa, capital city of the Democratic Republic of Congo, which is 10th worldwide. Next comes Khartoum (Sudan’s capital), which moved from the 53rd position worldwide in 2015 to 21st in 2016, as inflation in the country soared and due to the Sudanese pound being pegged to the dollar.

Libreville comes 4th in Africa in the ranking which lists 450 cities worldwide, ahead of Pointe Noire, Brazzaville, Conakry, Abidjan and Yaoundé. N’Djamena is the tenth African most expensive city. (See down for Top 20).

ECA’s cost of living survey is based on a set of basic consumption goods and services such as food, household items, costs of leisure, clothing, restaurants, alcohol and tobacco. Calculations are made in U.S dollars. Rent, public services, car purchase and school fees are excluded as they are usually covered by separate allocations.

Worldwide, Tokyo is the most expensive city for expats, ahead of Luanda, Zurich, Geneva, Yokohama, Basel, Nagoya, Bern, Osaka and Kinshasa.

Top 20 of most expensive African cities in 2016:

1- Luanda
2- Kinshasa
3- Khartoum
4- Libreville
5- Pointe Noire
6- Brazzaville
7- Conakry
8- Abidjan
9- Yaoundé
10- N’Djamena
11- Malabo
12- Freetown
13- Accra
14- Dakar
15- Harare
16- Bamako
17- Cotonou
18- Ouagadougou
19- Addis-Ababa
20- Nairobi

spot_img
spot_img
spot_img

Hot this week

Chain Reactions Africa Clinches Top Honours as Nigeria’s Most Celebrated PR Firm at SABRE Awards

L-R: Israel Opayemi, MD/Chief Strategist, Chain Reactions Africa; Arik...

Excitement as Malta Guinness Wraps Up Three-Day Eid Celebration in Kano

L-R: Area Sales Manager, Guinness Nigeria, Danjuma Bigun; Brand...

Leadway, STI, NCRIB, Guinea Insurance, NLNG, Zenith Bank, IEI, Stanbic IBTC Insurance for SUPERNEWS AI Confab’25

Blue-chip companies and reputable organisations from various sectors have...

Fidelity Bank ED, Kevin Ugwuoke, Takes Over as President of Risk Managers Association

L-R: Registrar/Chief Executive, Chartered Risk Management Institute of Nigeria...

Leadway Assurance Delivers Record ₦173.2bn Insurance Revenue, ₦117bn in Claims Payouts for 2024

Leadway Assurance Company Limited has announced a landmark financial...

Topics

NCC Lament Nigeria’s NRI Ranking Despite Telecom, Internet Position in Africa

Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC)...

Babacar Ndiaye: Emotional Tribute From African Development Bank

Babacar Ndiaye, the Bank Group's fifth elected President, who...

CBN: New Naira Notes Ready by December 15, 2022

Press Remarks by CBN Governor, Godwin Emefiele on Issuance...

Orange Boosts African Presence – Buys Cellcom Liberia

Orange has announced it has entered into a firm...

Global Reinsurers Adjust as Traditional Risks Take Unpredictable Patterns

  Although the global reinsurance industry has been able to...

1bn Women Worldwide Lack Access to Financial System

$300bn Financing Gap Between Men & Women. Financial exclusion remains a major constraint for women, particularly in developing countries. More than one billion women still do not use or have access to the financial system, according to the World Bank Group’s latest Global Findex Report. IFC has estimated that worldwide, a $300 billion gap in financing exists for formal, women-owned small businesses, and more than 70 percent of women-owned small and medium enterprises have inadequate or no access to financial services.

Niger Insurance: Transforming & Repositioning for Excellence, Growth

L-R: EKPERAHWA JAMES (HEAD, FINANCE & ACCOUNT), ALESHINLOYE ROTIMI...

Shareholders Throw Weight Behind Fidelity Bank’s Recapitalisation Plan

Shareholders have expressed readiness to massively support and mobilise...
spot_img

Related Articles

Popular Categories

spot_imgspot_img