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I'm going to give you a link from Linked In - Look at the company this guy works for (hint: It's Mr. Blackwater's latest gig) and what HE is doing in Angola:
http://il.linkedin.com/pub/itzhak-ayalon/8/70/943
The 1% - the people have no more f*cks to give that are Americans - are spending and MAKING their money over there helping out China.
I do not believe for one minute that a company like Frontier Resource Group isn't making money (big money) off of this.
Ya gotta hand it to Prince - he's made of teflon. He takes a beating and just pops up somewhere else to engage in either disaster or vulture capitalism. *smh*
ETA - another good link - https://www.homestrings.com/news-and-analysis/2014/march/03/four-emerging-pe-investment-strategies-and-platforms/?tag=African+Investment
Resources
A relatively new theme for PE fund-raising is the emergence of resource-focused funds. This trend may seem surprising, given that PE has generally avoided raising resource-focused funds, but the reason these funds are gaining in favor is because the slowdown in demand from China for resources has created a window of opportunity to buy natural resources companies at relatively lower valuations. An increasing drive toward indigenization of resources in Nigeria, for example, is also creating opportunities for local PE firms. Notable PE activity in this sector included Warburg Pincus’ US$600m investment in Delonex Energy, an oil and gas exploration platform that focuses its activities in Central and East Africa. Helios Investment Partners acquired a minority stake in a joint venture formed by BTG Pactual with Petrobras International Braspetro. The new company was created for exploration and production of oil and gas in Africa. Noble Group Ltd. and TPG agreed to invest US$500m each in private mining
venture X2 Resources for investments across the globe, including Africa. Frontier Resource Group is targeting US$500m for its latest fund to focus on natural resource development in markets such as Africa.
A relatively new theme for PE fund-raising is the emergence of resource-focused funds. This trend may seem surprising, given that PE has generally avoided raising resource-focused funds, but the reason these funds are gaining in favor is because the slowdown in demand from China for resources has created a window of opportunity to buy natural resources companies at relatively lower valuations. An increasing drive toward indigenization of resources in Nigeria, for example, is also creating opportunities for local PE firms. Notable PE activity in this sector included Warburg Pincus’ US$600m investment in Delonex Energy, an oil and gas exploration platform that focuses its activities in Central and East Africa. Helios Investment Partners acquired a minority stake in a joint venture formed by BTG Pactual with Petrobras International Braspetro. The new company was created for exploration and production of oil and gas in Africa. Noble Group Ltd. and TPG agreed to invest US$500m each in private mining
venture X2 Resources for investments across the globe, including Africa. Frontier Resource Group is targeting US$500m for its latest fund to focus on natural resource development in markets such as Africa.
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