CHINA-SOEs: AFRICA- PRIVATE SECURITY
The Frontier Services Group, owned by Erik Prince, the founder of Blackwater, a former member of the Navy SEALs and heir to a Michigan auto parts fortune, is now focussing efforts on Africa. It has ties to the Chinese government, which is eager for access to some of the continent’s natural resources. Frontier Services Group, provides what it describes as “expeditionary logistics” for mining, oil and natural gas operations in Africa, and has the backing of Citic Group, a large state-owned Chinese investment company. |