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Annual profile: Angola

Africa Economic Research

January 2003

Contact Betty Kaseke - E-mail: bkaseke@sbic.co.za

Copyright: Standard Bank Group (www.ed.standardbank.co.za)

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Background

Civil war has been the norm in Angola since independence from Portugal in 1975. A 1994 peace accord between the government and the National Union for the Total Independence of Angola (Unita) provided for the integration of former insurgents into the government and armed forces. A government of national unity was installed in April 1997, but serious fighting resumed in late 1998, rendering hundreds of thousands of people homeless. The death of Savimbi in early 2002 and a ceasefire agreement with Unita bodes well for the country



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