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In Focus | Africa
Facing courts and shareholders, Monaco Resources Group living on borrowed time - and money

Saddled with more than a billion euros in debt, Monaco Resources Group has become entangled in its own financial schemes. In terms of its logistical, agricultural and mining operations in Africa, the holding company has experienced a string of failures. There and in Europe, the group is under fire from the authorities too. [...]
Published on 27.03.2023 at 04:40 GMT Reading time 8 minutes Pierre-Elie de Rohan Chabot, Antoine Galindo
The Monaco Resources Group holding company was co-founded by Axel Fischer.
The Monaco Resources Group holding company was co-founded by Axel Fischer. © Studio Pachamama // Shutterstock.com // eFesenko/Alamy banque d'images // YouTube
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