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Obviously, President Dos Santos and his cronies are eating up way too much of the country's wealth. However, let's face the facts. Do Santos has been in power since 1979. He is now 70, according to wikipedia. He will not be around forever. So whenever he meets his maker, most likely through natural causes, the country will inherit enormous potential. Too much of the wealth has been stolen, but the foundations have been laid down for a brighter future. The infrastructure is starting to be developed along with the industries needed to develop into a more modern economy. So while I do not see the average Angolan getting more than a few more crumbs while Dos Santos is still alive, change may indeed occur following his passing. Whether or not a new regime would take advantage of these opportunities or follows in Dos Santos' footsteps is almost impossible to predict. We will just have to wait and see. However, the potential is there but the decision will ultimately be made by those in Angola's future political elite.
I think Angola is doing a better job at improving the quality of life of everyday citizens compared to most other African nations who have acquired oil wealth. The government started to develop a pretty massive housing development on the outskirts of Luanda not too long ago. It is aimed at lower, working and middle class Angolan citizens and it's purpose is to create proper housing for them as opposed to unhealthy slums.
Don't get me wrong, i'm sure there is a lot of corruption going on (as with every government) but it is nice to see effort put into something like this. I think the above video would've been more accurate if they mentioned this project as opposed to not mentioning it.
It's called Projecto de Habitação Social do Kilamba Kiaxi:
Good video, like the guy said the massive wealth isn't filtering down to the average person. If most are living on under 2 dollars a day, things have a long way to go. I read they were increasing social spending 30 percent this year, education, health and so on were to increase 10 percent. There remains a high number unemployed and those living in poverty. And the rich get richer, that's an old tune. I hope it gets better for the average Angolan.
I'd like to see those buildings when they are done. Someone making less than 2 bucks a day won't be living there, I doubt. While this video below is a bit dated, makes me wonder how many kids are still living like this. Really sad. Interesting to read the comments on the video as well.
Angola isn't as atrocious as say Nigeria in squandering oil wealth or corruption but they're not far off. I read Dos Santos, a Marxist is worth hundreds of millions of dollars. His daughter $150M.
I think Angola is doing a better job at improving the quality of life of everyday citizens compared to most other African nations who have acquired oil wealth. The government started to develop a pretty massive housing development on the outskirts of Luanda not too long ago. It is aimed at lower, working and middle class Angolan citizens and it's purpose is to create proper housing for them as opposed to unhealthy slums.
Don't get me wrong, i'm sure there is a lot of corruption going on (as with every government) but it is nice to see effort put into something like this. I think the above video would've been more accurate if they mentioned this project as opposed to not mentioning it.
It's called Projecto de Habitação Social do Kilamba Kiaxi:
Angola might be doing better compared to other nations in being concerned about the needs of the people. However, it still has alot of work to do.
One question I have is this. What is the price per apartment? Will people be able to afford them?
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