Foreign Economic Involvement in Angola and Mozambique
For a number of years the leaders of many African nations have voiced concern about the impact of foreign economic activity in the Portuguese-administered territories in southern Africa. They have argued that as long as a major part of Portugal's revenues are expended on military operations, particularly to suppress liberation movements in the territories, the income from such foreign economic activity helps Portugal maintain its grasp over the African territories.Largely as a result of African efforts, a United Nations resolution was passed in 1965 that recognized the relationship between foreign economic investment and Portugal's failure to grant self-determination and independence to the territories. The resolution requested that all specialized UN agencies refrain from granting assistance to Portugal and that all states refrain from any financial activity with Portugal that would impede the attainment of independence for Mozambique and Angola.Relatively little scholarly attention, however, has been paid to the role of foreign economic activity in the Portugueseadministered territories. Perhaps one reason for this is the paucity of hard data on the economic activity in each territory; another is the inherent difficulty of tracing the larger impact of any economic investment. Nevertheless, because of the importance of the issue some assessment seems warranted. This paper represents an attempt to contribute to that assessment. First, the dimensions of foreign economic investment in the territories are examined, with special emphasis on Mozambique and Angola during the decade following the outbreak of wars of liberation. Second, some comment is offered on the influence of such economic activity on efforts to attain independence within Portuguese Africa.