Economy of Angola the skills and knowledge needed to run the country and maintain its well-developed infrastructure. The Angolan government created Sonangol, a state-run oil company, in 1976. Two years later Sonangol received the rights to oil exploration and production in all of Angola. After independence from Portugal in 1975, Angola was ravaged by a horrific civil war between 1975 and 2002. United Nations Angola Verification Mission III and MONUA spent USD1.5 billion overseeing implementation of the Lusaka Protocol, a 1994 peace accord that ultimately failed to end the civil war. The protocol prohibited UNITA from buying foreign arms, a provision the United
Angola–Brazil relations Angola–Brazil relations Angola–Brazil relations refers to the historical and current bilateral relationship between Angola and Brazil. Brazil was the first country to recognize the independence of Angola, in November 1975. Commercial and economic ties dominate the relations of each country. Both countries are former colonies under the Portuguese Empire; Brazil from the early 16th century until its independence in 1822, and Angola until its independence in 1975. Due to their status as former Portuguese colonies and the transatlantic slave trade, Brazil and Angola have a long and important history of economic ties. Period of the transatlantic slave trade In 1646,