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.
History of Angola nationalist's demands for independence, thereby provoking the armed conflict that started in 1961 when guerrillas attacked colonial assets in cross-border operations in northeastern Angola The war came to be known as the Colonial War. In this struggle, the principal protagonists were the MPLA (Popular Movement for the Liberation of Angola), founded in 1956, the FNLA (National Front for the Liberation of Angola), which appeared in 1961, and UNITA (National Union for the Total Independence of Angola), founded in 1966. After many years of conflict, the nation gained its independence on 11 November 1975, after the 1974 coup d'état in Lisbon,