People's Republic of Angola People's Republic of Angola The People's Republic of Angola () was the self-declared socialist state which governed Angola from its independence in 1975 until 1992, during the Angolan Civil War. The regime was established in 1975, after Portuguese Angola, a colony, was granted independence from Portugal through the Alvor Agreement. The situation in Portugal's other former large African colony, the People's Republic of Mozambique, was similar. The newly-founded nation had friendly relations with the Soviet Union, Cuba, and the People's Republic of Mozambique. The country was governed by the People's Movement for the Liberation of Angola (MPLA), which was responsible
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.