Sunday, December 29, 2013

LUXURY CARS IN IVORYCOAST

Porsches, Range Rovers and even Maseratis... luxury cars are no strange sight weaving through the old bangers that rumble along Abidjan's chaotic streets, another indication of the emergence of a wealthy class in Africa.

Each of the vehicles costs at least tens of thousands of euros, representing decades of work for an Ivorian earning the minimum wage, even after it was recently hiked 60 percent to 60,000 CFA francs (around 90 euros, $125) a month.

Yet in wealthy Abidjan neighbourhoods the streets are jammed with more luxury autos than in rich quarters of European capitals.

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