Cuban intervention in Angola the requested financial assistance (100,000US$) it received from Yugoslavia. Portugal's sudden retreat from Angola and Mozambique in 1975 ended a history of South African military and intelligence cooperation with Portugal against the Angolan and Namibian independence movements dating back to the 1960s, later formalized in a secret alliance codenamed Alcora Exercise. It also ended economic cooperation with regard to the Cunene hydro-project at the Angolan-Namibian border, which South Africa had financed. South African involvement in Angola, subsumed under what it called the South African Border War, started in 1966 when the conflict with the Namibian independence movement, South West Africa
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.