Portuguese Angola Portuguese protectorate by the 1885 Treaty of Simulambuco. Sometime during the 1920s, it became incorporated into the larger colony (later the overseas province) of Portuguese Angola. The two colonies had initially been contiguous, but later became geographically separated by a narrow corridor of land, which Portugal ceded to Belgium allowing Belgian Congo access to the Atlantic Ocean. Following the decolonisation of Portuguese Angola with the 1975 Alvor Agreement, the short-lived Republic of Cabinda unilaterally declared its independence. However, Cabinda was soon overpowered and re-annexed by the newly proclaimed People's Republic of Angola and never achieved international recognition. Portuguese explorers and
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.