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.
1950s in Angola of Northern Angola, which advocated the independence of the traditional Kingdom of Kongo, in 1954. Portuguese police arrested Agostinho Neto of the MPLA and future President of Angola (1975–1979), in 1952 and again in 1955 for his involvement in the Portuguese Communist Party. He returned to Angola in 1959 and police arrested him again in 1960. Portuguese authorities arrested over 100 MPLA members in 1959. The Portuguese discovered petroleum in Angola in 1955. Production began in the Cuanza basin in the 1950s, in the Congo basin in the 1960s, and in the exclave of Cabinda in 1968. The Belgian company