Mining Industry of Angola - Angola's Economic Development After The Civil War

Angola's Economic Development After The Civil War

Due to the vast amount of natural resources in the country the GDP has a current growth rate of 16.3%. The growth that has occurred is due to the civil war finally being over which allowed American companies to come into the country to set up oil drills and open new diamond mines. But the economic growth of the country is not dispersed to stimulate development within the population where 65% are living on one dollar a day. There are also millions of refugees and former Unita and MPLA soldiers living in camps across the country with Malaria and Dysentery widespread.

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