Angola–Portugal relations recession, had made buying large corporations that they would not have been able to afford if Portugal had not been in a crisis an easy picking for the Angolan government. Portugal had also sold some real estate and port wine estates. Angola now had stakes in the Portuguese economy from banking to energy to media. Angola–Portugal relations Angola–Portugal relations have significantly improved since the Angolan government abandoned communism and nominally embraced democracy in 1991, embracing a pro-U.S. and to a lesser degree pro-Europe foreign policy. Portugal ruled Angola for 400 years, colonizing the territory from 1483 until independence in 1975.
1970s in Angola independence of the Republic of Cabinda from Paris. The National Liberation Front of Angola (FNLA) and the National Union for the Total Independence of Angola (UNITA) forged an alliance on November 23, proclaiming their own coalition government based in Huambo with Holden Roberto and Jonas Savimbi as co-presidents and José Ndelé and Johnny Pinnock Eduardo as co-Prime Ministers. The South African government told Savimbi and Roberto in early November that the South African Defence Force (SADF) would soon end operations in Angola despite the coalition's failure to capture Luanda and therefore secure international recognition at independence. Savimbi, desperate to avoid