• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Between 1975 and 2002, the Republic of Angola was involved in a civil war that began immediately after independence from Portugal. Estimates place the human cost of the war at 1.5 million lives, and an additional 4 million people were displaced. Much of the infrastructure was destroyed during the war, and Angola's attempts to rebuild it with the assistance of a $2 billion line of credit from China have been hampered by pervasive government corruption. Angola is rich in natural resources that include petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, and uranium. The oil industry contributes around 45 percent of the Gross Domestic Product and over 50 percent of export revenue.

With a per capita income of $3,200, Angola ranks 158th in income among ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles