https://www.cia.gov/library/publications/the-world-factbook/geos/ao.html

Angola is rebuilding its country after the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo DOS SANTOS, and the National Union for the Total Independence of Angola (UNITA), led by Jonas SAVIMBI, followed independence from Portugal in 1975. Peace seemed imminent in 1992 when Angola held national elections, but UNITA renewed fighting after being beaten by the MPLA at the polls. Up to 1.5 million lives may have been lost – and 4 million people displaced – in the quarter century of fighting. SAVIMBI’s death in 2002 ended UNITA’s insurgency and strengthened the MPLA’s hold on power. President DOS SANTOS has announced legislative elections will be held in September 2008, with presidential elections planned for sometime in 2009.

Angola’s high growth rate is driven by its oil sector, with record oil prices and rising petroleum production. Oil production and its supporting activities contribute about 85% of GDP. Increased oil production supported growth averaging more than 15% per year from 2004 to 2007. A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well. Much of the country’s infrastructure is still damaged or undeveloped from the 27-year-long civil war. Remnants of the conflict such as widespread land mines still mar the countryside even though an apparently durable peace was established after the death of rebel leader Jonas SAVIMBI in February 2002. Subsistence agriculture provides the main livelihood for most of the people, but half of the country’s food must still be imported. In 2005, the government started using a $2 billion line of credit, since increased to $7 billion, from China to rebuild Angola’s public infrastructure, and several large-scale projects were completed in 2006. Angola also has large credit lines from Brazil, Portugal, Germany, Spain, and the EU. The central bank in 2003 implemented an exchange rate stabilization program using foreign exchange reserves to buy kwanzas out of circulation. This policy became more sustainable in 2005 because of strong oil export earnings; it has significantly reduced inflation. Although consumer inflation declined from 325% in 2000 to under 13% in 2007, the stabilization policy has put pressure on international net liquidity. Angola became a member of OPEC in late 2006 and in late 2007 was assigned a production quota of 1.9 million barrels a day, somewhat less than the 2-2.5 million bbl Angola’s government had wanted. To fully take advantage of its rich national resources – gold, diamonds, extensive forests, Atlantic fisheries, and large oil deposits – Angola will need to implement government reforms, increase transparency, and reduce corruption. The government has rejected a formal IMF monitored program, although it continues Article IV consultations and ad hoc cooperation. Corruption, especially in the extractive sectors, and the negative effects of large inflows of foreign exchange, are major challenges facing Angola.

The thiefs parents turned him in, obviously they ain’t starvin plus multi million dollar moves are made everyday check this out

http://www.clickafrique.com/Magazine/ST014/CP0000002738.aspx

http://www.chron.com/disp/story.mpl/headline/biz/5756236.html

some of the kids in the concerts got more cake than a lot of you out there. 50 should have caught dude and dragged him on stage beat him up and tossed him back in the crowd like Akon did. Plus Akon got in on the diamond mining too.

let me school you on African Economy real quick,in your head you probably think everybody runnin around naked broke e.t.c and that ain’t the clear picture.

The most African Countries have their major source of income controlled by the state, that means that the major sources of income are not pirvately owned. Like if Microsoft was Angolan the State would get in on that.

Now the dudes that control the country ain’t lettin the people out of their immediate circle eat.i.e family and friends hence the rich get richer while the poor stay poor. Thats why you’ve got Gen.Sani Abacha as one of the 1st Black Billionaires but coz he stole he’s dow FORBES aint lookin to big him up.

Theres a lot of rich families out there and like every where else there’s good places and bad places but the problem is nepotism, tribalism e.t.c that creates a huge gap between the rich and the poor. And the West doesn’t help by imposing unfair trade.

Them kids at the concert don’t come from broke homes the concert wasn’t free you know 50 Cent appearance fees, he whooped Mayweather over it so educate yourself and quit talkin outta u’r @ss dumby

LOL. I crack myself up.

I DON’T KNOW WHO HANDLED BIZ BETTER THE AFRICAN CAT WHO WAS BOLD ENOUGH TO RUN UP ON STAGE TO SNATCH A CHAIN OR 50 WHO PUSHED HIM INTO THE CROWD AND AND WENT TO GET THAT SHIT BACK PLUS FUCK HIM UP.

NO BUT SERIOUSLY SOMONE COULD’VE GOTTEN HURT.LIKE A 15 YEAR OLD KID OR SOME INNOCENT GIRLS.IT ALWAYS TAKES ONE STUPID MOFO TO RUIN THE SHOW FOR EVERYBODY.

smh@ you….a few words is sufficient for the wise…we OBVIOUSLY advertise in America cause we Have it in America…

THese kids….takin da concepts out of context…
Im dumb? ha…remember that in a year!

I give props to the Angolan Cat and Fifty….

Fifty got balls for jumpin in the crowd… because he could of gotten fucked up by one of homies partna’s or someone else…

I remember when when Kanye went to Nigeria; the stage was 50 ft. away from where the 1st actually started… thats what Fif should have done…