MOST EXPENSIVE CITIES IN AFRICA

The list of most expensive cities in Africa tries to show or reflect the cost of living in Africa in today's world.
   According to Mercer and ECA international survey of most expensive cities in the world for expat workers, emerging economies are heavily featured in the list compared to developed economies. This trend is caused by the impact of foreign direct investment which has caused the emerging economies to adjust.            According to Mercer's president, he attributed this to a volatile market and stunted economic growth in the world.
 In Africa to be precise, many factors have contributed to the rising cost of living for expat workers. They include monetary value, consumer confidence, investment interest rates, exchange rate of country's currency and housing cost.  The survey involved close to 207 countries in the world combined  but we decided to focus on  African cities. 
African cities in ECA and Mercer were combined. The cities in the list include the following. 
  1.                                    LUANDA:The Angolan capital is the most expensive city in Africa according to ECA and Mercer's survey combined. With a population of over 6 million people. The rise in prices can be attributed to huge growth in gross domestic product. 
  2.                                    KINSHASA, DR CONGO: The city has experienced an unprecedented surge in the prices of goods and services and it is attributed  to rise in Chinese investment and an ever increasing gross domestic product. 
  3.                                     N'DJAMENA, CHAD: The West African city which has become a major food hub in Africa has experienced a steady rise in the price of goods and services. This trend is caused by an ever increasing population. 
  4.                                      JUBA, SOUTH SUDAN:The Sudanese capital has seen prices of products go up due to the effects of foreign direct investment. 
  5.                                     CONAKRY, GUINEA : The Guinean capital has experienced a surge in the prices of goods and services due to an increasing population and a rise in foreign direct investments in the country. 

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