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.
Agriculture in Angola volume of coffee it had produced in the early 1970s, while production of cotton, tobacco and sugar cane had ceased almost entirely. Poor global market prices and lack of investment severely limited the sector after independence. The Angolan Civil War (1975-2002) and the consequent deterioration of the rural economy and neglect of the farming sector dealt the final blow to the country’s agricultural productivity. The departure of Portuguese farmers and traders from rural Angola after independence undermined agricultural productivity. In response the government set up state farms on land formerly owned by the Portuguese and established the National Company for