On increased Portuguese and Brazilian investment in Angola

Saturday, January 09, 2010

The Financial Times has an article here from two days ago on Portuguese investment in Angola (another Portuguese-speaking nation, along with Mozambique to the east) which is an interesting read for anyone interested in the relationship between language (and shared history due to colonialism) and economic cooperation. Outside of the oil sector Portugal is the single largest foreign investor in Angola, extremely high considering that Portugal only accounts for 1.3% of the GDP of the EU alone.

The number of Portuguese living in Angola has also doubled over the past three years to about 100,000.

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