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AFRICA CHINA

While waiting to do battle in Cabo Delgado, Erik Prince mints it in medevacs and mining services

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“Cabo Delgado: a gas Eldorado and security nightmare”

MOZAMBIQUE

Cabo Delgado: a gas Eldorado and security nightmare

The development of Cabo Delgado province's vast gas resources has brought with it the emergence of an armed insurgency, one that is yet to be clearly defined but is already impinging on Total and ExxonMobil's operations there. As the conflict worsens, President Nyusi has been prompted to seek foreign help. [...]

Taking advantage of the coronavirus pandemic, the security contractor's Frontier Services Group has established itself in the highly profitable medical evacuation business as it continues to provide its traditional services to Chinese mining groups, particulary in the DRC. The former US Navy SEAL officer, who saw himself at one point as a private military leader in Africa, has not abandoned the paramilitary services market, however. He is keeping a close eye on the insurrection in the Mozambican province of Cabo Delgado, which currently offers the best prospects in this market in Africa. [...] (1475 words)

Issue dated 07/09/2020 Reading time 6 minutes

American private security tycoon Erik Prince. © JEENAH MOON/Reuters

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Mining

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Adonis Pouroulis
Alufer Mining
Blue-Fin
China Nonferrous Metal Mining Corp
Christiaan Durrant
Citic
Covid-19
David Whittingham
Dorian Barak
Dyck Advisory Group
Ematum
Empresa Nacional de Hidrocarbonetos
Erik Prince
Ethiopian Airlines
Frelimo
Frontier Resources Group
Frontier Services Group
Frontier Strategic Resources
FSG Mozambique Segurança
Gécamines
Global Pioneer Assurance
Gregg Smith
Gulf-Israel Business Council
Haijie Li
Hendrik Bam
Henk Bam
Indigo Strategic Capital
Israel Defense Forces
Kathy Li
Lancaster 6
Lionel Dyck
Lital Leshem
Lualaba Copper Smelter
Lucilio Matsinha
Mariano Matsinha
NFC Africa
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Royal Australian Air Force
Serviço de Informação e Segurança do Estado
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United Nations
West River
Xi Jinping

Copper-cobalt: Chinese CNMC struggling in Zambia but progressing in DRC

The Chinese mining giant has suffered several setbacks at its Zambian mines, but is currently in a test phase in DRC, with a view to increasing its capacities there. [...]

NIGERIA DRC 06/09/2021

Frontier Services Group, founded by Erik Prince, cashes in on Chinese mining and oil firms

The firm founded by PSC veteran Erik Prince saw revenue from security contracts with extractive industry firms in DRC and Nigeria increase a lot in recent months. [...]

AFRICA 26/04/2021

Ally Dorian Barak steps into Erik Prince's shoes at Frontier Services Group

Erik Prince stepped down from the board of security firm Frontier Services Group in mid-April, only to be replaced a few days later by a close business associate. [...]

Dorian Barak replaced Erik Prince as non-executive director of the board of Frontier Services Group. © LinkedIn

ANGOLA ZAMBIA DRC 08/03/2021

CNMC and Erik Prince wholeheartedly believe in Lobito corridor

The Chinese conglomerate CNMC and private security magnate Erik Prince have signed a partnership to facilitate the transport of ore extracted in the DRC-Zambia Copperbelt to the Angolan port of Lobito via a corridor that is not yet fully operational. [...]

AFRICA 03/02/2021

Erik Prince's Frontier Services Group considers west Africa expansion

Hong Kong-based Frontier Services Group is considering expanding its presence in the western part of the continent. [...]

EAST AFRICA 01/12/2020

Former Erik Prince advisor Omri Cohen turns to base camp business

Formerly East Africa adviser to private security magnate Erik Prince, Omri Cohen now heads TNL Africa, a little known group which is establishing itself as one of the leading base camp operators in the region. [...]

DRC 01/12/2020

Erik Prince wins key security contract from Chinese-Congolese joint venture Sicomines

Private security magnate Erik Prince's Frontier Services Group has just landed a major contract to protect the assets of Sicomines. The big Sino-Congolese mines-for-infrastructure joint venture is currently facing strong public criticism, as well as some perimeter security problems. [...]

Erik Prince, head of Frontier Services Group. © MICHAEL REYNOLDS/EFE/Newscom/MaxPPP

MOZAMBIQUE 18/11/2020

Cabo Delgado: Dyck Advisory Group heading towards mid-flight crash

The presence of several execs from private security group STTEP has done little to boost morale among the Dyck Advisory Group's staff. [...]

MOZAMBIQUE 23/09/2020

Erik Prince severs ties with national oil company

After eight months of talks with the national oil company ENH, the creator of Frontier Services Group has definitively pulled out of his LNG logistics joint venture. [...]

Erik Prince (Frontier Services Group). © MICHAEL REYNOLDS/EPA/Newscom/MaxPPP

DRC 10/09/2020

After dismal half-year in copper, China's Pengxin joins the world's cobalt producers

While the first half of 2020 was marked with a fall in profits and drop in copper production for Chinese group Pengxin, the cobalt project it had been preparing for years in the DRC finally got off the ground. [...]

Spotlight

DRC EAST AFRICA 24/07/2020

Erik Prince turns increasingly towards Africa

Frontier Services Group, the private security company headed by former American special forces officer Erik Prince, has changed strategy. It is reallocating funds destined to fuel its growth in China and Pakistan to the DRC and Africa generally. [...]

DRC 29/06/2020

Heads roll in Lualaba as ERG penny-pinches over Metalkol compensation

An official working for the province of Lualaba has been suspended for having advised Kazakhstan's Eurasian Resources Group on the relocation of farmers affected by its Metalkol copper and cobalt project. The governorate got wind of the affair after complaints from the farmers about the low level of compensation paid by the mining group. [...]

Spotlight

DRC 16/06/2020

Erik Prince wins key security contract from Chinese mining giant CNMC

Newly established in the DRC, the insurance subsidiary of Frontier Services Group, headed by private security magnate Erik Prince has won a contract from Chinese conglomerate CNMC, which has extensive interests in the Copperbelt. [...]

Spotlight

SOUTH AFRICA MOZAMBIQUE 22/04/2020

Pretoria nettled by the actions of military contractors in Cabo Delgado

Filipe Nyusi again called in South African paramilitaries to help curb the rising insecurity in the north of the country much to the irritation of the South African authorities, who Mozambique has also directly asked for help. [...]

Receive free prompts for these topics

Adonis Pouroulis
Alufer Mining
Blue-Fin
China Nonferrous Metal Mining Corp
Christiaan Durrant
Citic
Covid-19
David Whittingham
Dorian Barak
Dyck Advisory Group
Ematum
Empresa Nacional de Hidrocarbonetos
Erik Prince
Ethiopian Airlines
Frelimo
Frontier Resources Group
Frontier Services Group
Frontier Strategic Resources
FSG Mozambique Segurança
Gécamines
Global Pioneer Assurance
Gregg Smith
Gulf-Israel Business Council
Haijie Li
Hendrik Bam
Henk Bam
Indigo Strategic Capital
Israel Defense Forces
Kathy Li
Lancaster 6
Lionel Dyck
Lital Leshem
Lualaba Copper Smelter
Lucilio Matsinha
Mariano Matsinha
NFC Africa
Phoenix Aviation
Royal Australian Air Force
Serviço de Informação e Segurança do Estado
State Security Agency
Tunamar
United Nations
West River
Xi Jinping

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While waiting to do battle in Cabo Delgado, Erik Prince mints it in medevacs and mining services