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.
1970s in Angola 1970s in Angola The 1970s in Angola, a time of political and military turbulence, saw the end of Angola's War of Independence (1961–1975) and the outbreak of civil war (1975–2002). Agostinho Neto, the leader of the People's Movement for the Liberation of Angola (MPLA), declared the independence of the People's Republic of Angola on November 11, 1975, in accordance with the Alvor Accords. UNITA and the FNLA also declared Angolan independence as the Social Democratic Republic of Angola based in Huambo and the Democratic Republic of Angola based in Ambriz. FLEC, armed and backed by the French government, declared the