DW AngolaOpportunities for Angola's New Urbanism after the Collapse of the Oil Economy

Opportunities for Angola's New Urbanism after the Collapse of the Oil Economy

15/02/2016

Angola is sub-Saharan Africa’s third-largest economy, with crude oil accounting for almost all of its exports and more than two-thirds of government revenues. The dramatic fall of petroleum prices from 2014 through 2016, has resulted in the Angolan state budget being substantially reduced. It is unlikely that the government will be able to provide investment and subsidies to continue building new housing in the same form and rhythm as before. Article link here.

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