Founder of Blackwater Erik Prince, now working with state controlled Chinese firm in Africa?

The flags have changed.
The flags have changed.

 

Africa is a continent which doesn’t seem to get a break. Though almost no Americans know it “The Great African War” has raged for the past 15 years in the heart of Congo. It is estimated that 5.4 million people have died because of the war. But yet almost no one in this country knows about it.

Why? Partly because Americans aren’t interested. But it’s also because in this chaos are opportunities for nation states and large companies. Too much attention is not good for the outside players.

Africa is the last real frontier region on the planet which isn’t frozen over. In its dirt are rare earths, diamonds, gold, oil, and just about everything a large industrial country needs to do large industrial things.

Even the dirt itself is valuable as there are large swathes of arable land which have not been exploited.

Enter China.

China has been colonizing Africa for a decade and a half. It is racing the United States to plant its flag everywhere it can, to establish areas of influence and supply routes.

But this is easier said than done. Africa is a dangerous neighborhood, and while the African bush war may be good for China in some respects, it still creates all sorts of logistical headaches.

China sure could use someone who knows how to fight a bush war and also knows how to deal with the American military.

Enter Erik Prince. Mercenary extraordinaire.

(From South China Morning Post, Liberty Blitzkrieg)

Shares of DVN Holdings, controlled by Hong Kong businessman Johnson Ko Chun-shun and state-owned Citic Group, surged 7.3 per cent after it appointed Erik Prince – former owner of controversial US security firm Blackwater – as chairman, and granted him more share options.

This is in addition to five-year options granted to him that allowed him to buy 205.1 million shares at 73 HK cents each in late November, as part-payment for a start-up East African aviation and logistics firm injected by Prince into DVN. The two options mean he could own about 23 per cent of DVN.

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