Mozambique: Climate change losses reach US$150 million a year - AfDB
Eric Prince, founder of Balckwater (in file CoM)
As he said he would in November, Erik Prince’s Frontier Services Group (FSG) is to take half of Ematum, the secret debt fishing company; the joint company will be renamed Tunamar, Prime Minister Carlos do Rosario told parliament on 12 April. He said all Ematum boats would be operating by the end of the year. Prince founded the notorious Blackwater security company, and is chair of FSG. The biggest shareholder in FSG is Citic, a Chinese state investment company, and FSG’s literature stresses its alignment with China’s Belt & Road Initiative. Prince is also expected to partner with Proindicus, another of the secret loan companies. (Zitamar 12 Apr) Government gave $1 mn to Ematum in 2017, according to @Verdade (8 Jan).
By Joseph HanlonSource: News, reports & clippings
Mozambique: New fuel importer chosen
Mozambique cannot continue "accommodating conflicts" with gas wealth at the door - ...