National Bank of Angola which at the time was an overseas province of Portugal. In 1926, the Portuguese established a separate issue bank for Angola, creating the Bank of Angola (). BNU transferred its branch in Stanleyville to this bank, which in 1934, transferred the branch to Boma, before closing it in 1947. When Angola gained its independence in 1975, the government nationalized the banking sector. "Banco de Angola" became "Banco Nacional de Angola" (BNA); "Banco Comercial de Angola" became "Banco Popular de Angola", and is now "Banco de Poupança e Crédito". The BNA continued to function as a central bank, bank of issue
Cuban intervention in Angola withdrawal of the last soldier from Angola on 25 May 1991, a total of 2,289 Cubans were killed. Other analysts have noted that of 36,000 Cuban troops committed to fighting in Angola from 1975 to 1979, combat deaths were close to 5,000 in number. Free elections in Namibia were held in November 1989 with SWAPO taking 57% of the vote in spite of Pretoria's attempts to swing the elections in favor of other parties. (see Martti Ahtisaari and History of Namibia). Namibia gained independence in March 1990. The situation in Angola was anything but settled and the country continued to