Economy of Angola the skills and knowledge needed to run the country and maintain its well-developed infrastructure. The Angolan government created Sonangol, a state-run oil company, in 1976. Two years later Sonangol received the rights to oil exploration and production in all of Angola. After independence from Portugal in 1975, Angola was ravaged by a horrific civil war between 1975 and 2002. United Nations Angola Verification Mission III and MONUA spent USD1.5 billion overseeing implementation of the Lusaka Protocol, a 1994 peace accord that ultimately failed to end the civil war. The protocol prohibited UNITA from buying foreign arms, a provision the United
1950s in Angola 1950s in Angola Angola in the 1950s transitioned from colonial to provincial status. Angola had the status of a Portuguese colony from 1655 until the Assembly of the Republic passed a law on June 11, 1951, giving all Portuguese colonies provincial status, effective on October 20, 1951. Separatist political organizations advocating Angolan independence formed in the 1950s despite strong resistance from the Portuguese government, leading to the Angolan War of Independence (1961–1975). Viriato da Cruz and others formed the Movement of Young Intellectuals, an organization that promoted Angolan culture, in 1948. Nationalists sent a letter to the United Nations calling