BERLIN (Reuters) - German industry's representative in Angola, Ricardo Gerigk, has a tough job drumming up business in Luanda, the costliest city in the world for expats, where contracts tend to go to firms from China, Portugal and other countries with a bigger presence.
Although Angola has dynamic growth and a wealth of resources including oil, gas, rare earths and diamonds, only about 15 German companies have taken what Gerigk calls the "leap of faith" to set up business there. "None of them have any regrets," he adds.