Fishing in Angola Fishing in Angola Fishing in Angola is mainly performed by foreign fleets. Some of the foreign fishing fleets operating in Angolan waters were required by the government to land a portion of their catch at Angolan ports to increase the local supply of fish. Fishing agreements of this kind were reached with several countries, including with Spain, Japan, and Italy. Fishing in Angola was a major and growing industry before independence from Portugal in 1975. In the early 1970s, there were about 700 fishing boats, and the annual catch was more than 300,000 tons. Including the catch of foreign fishing
Economy of Angola Economy of Angola The Economy of Angola is one of the fastest-growing in the world, with reported annual average GDP growth of 11.1 percent from 2001 to 2010. It is still recovering from 27 years of the civil war that plagued the country from its independence in 1975 to 2002. Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture. Since 2002, when the 27-year civil war ended, the nation has worked to repair and improve ravaged infrastructure and weakened political and social institutions.