Wednesday, March 7, 2012

Angola rising: tourism is next

Filed under: Africa, Europe, Angola, Portugal

I spent last week in Portugal's Azores, absorbing the rhythms of daily life on Flores, Europe's westernmost island. An unexpected discovery was the ongoing focus on Angola in the Portuguese media. Evidence of the rise of Angola as an economic power is everywhere.

First off, Portuguese people are moving to the former Portuguese colony in droves. Back in 2010 there was an interesting article by François Musseau in the French newspaper Libération about Angola's magnetic appeal to skilled Portuguese workers. Musseau's article points out that skilled Portuguese workers can make three times as much money in Angola than in Portugal. While life in Angola might not always be easy, Musseau suggests, the payoff in terms of salary and career development is high. More recently, a BBC article from this past December also documents the Portuguese exodus to Angola.

The flow of workers doesn't appear to be leveling off. The current issue of newsweekly Visão features an article on superior economic environments for skilled workers hoping to escape Portugal's economic crisis. Angola is one of a handful of countries listed - and the only one of the bunch in Africa - next to rich countries like Germany, Switzerland, the UK, and the US.

"The future starts here," says the billboard of an Angolan bank, Banco BAI, at a prime spot at Lisbon's international airport. This statement appears to be true for Angola in many ways. A number of different stories over the last few months have observed that Angolan investors are busy buying up Portugal's businesses and newly privatized state assets in a postcolonial reversal.Continue reading Angola rising: tourism is nextAngola rising: tourism is next originally appeared on Gadling on Mon, 05 Mar 2012 10:00:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments



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