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 diamonds. The civil war ended in 2002 after Jonas Savimbi was killed in battle. Cuban intervention in Angola In November 1975, on the eve of Angola's independence, Cuba launched a large-scale military intervention in support of the leftist People's Movement for the Liberation of Angola (MPLA) against United States-backed interventions by South Africa and Zaire in support of two right-wing independence movements competing for power in the country, the National Liberation Front of Angola (FNLA) and the National Union for the Total Independence of Angola (UNITA). By the end of 1975 the Cuban military in Angola numbered more than 25,000