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
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