Portugal - The Role of the Armed Forces in Africa

Investment Banking   Stock Market   Venture Capital      Personal Finance   Economy   Value Invest   Penny Stock   

The Portuguese presence in Africa dates from the sixteenth century when fuel and water stations were established for ships enroute to the spice market of Goa. Portugal neglected these outposts for a time after the pepper trade declined. British and German colonial ambitions after 1885, however, led the Portuguese to undertake a series of military campaigns to control the interior of Angola, Mozambique, and Portuguese Guinea. The effort to subdue the African colonies was a slow process that was not completed until 1915. The costly campaigns were pursued by the Lisbon authorities to maintain prestige and to keep the oversized military establishment gainfully occupied.

Salazar strongly rejected pressures from the European powers to decolonize following World War II. He was grimly determined to maintain Portugal's overseas empire. Salazar's successor in 1968, Marcello Caetano, continued the struggle against the African independence movements in spite of its drain on resources and manpower.

Data as of January 1993


Next Page    Prev Page    Index Page    

Other Links:  MarketSigns.com  Individual Federal Tax  Tax for Small Business  Tax on Med&Dental Exp.  TaxonChild&Dep.care Exp.        
Countries  Mauritania  Mauritius  Moldova  Mongolia  Nepal  Nicaragua  Nigeria  NorthKorea  Oman