Saturday, December 13, 2008

Rich in oil & diamond ANGOLA





Angola, officially the Republic of Angola (Portuguese: República de Angola, pronounced IPA: [ʁɛˈpublikɐ dɨ ɐ̃ˈɡɔlɐ] Kongo: Repubilika ya Ngola), is a country in south-central Africa bordering Namibia to the south, Democratic Republic of the Congo to the north, and Zambia to the east, and with a west coast along the Atlantic Ocean. The exclave province Cabinda has a border with the Republic of the Congo and the Democratic Republic of the Congo. Angola was a Portuguese colony from the 16th century to 1975. The country is the second-largest petroleum and diamond producer in sub-Saharan Africa, yet its people are among the continent's poorest. According to the International Monetary Fund, more than $4 billion in oil receipts have disappeared from Angola's treasury in the 2000s. In August 2006, a peace deal was signed with a faction of the FLEC, a separatist guerrilla from the Cabinda exclave in the North, which is still active. About 65% of Angola's oil comes from that region.






Children in an outdoor classroom in Bié, Angola





View of the mountains of Lubango.







Luanda is Angola's capital city and economic and commercial hub.




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