Frontier security officers were spotted outside Tenke Fungurume, one of the country’s largest cobalt and copper mines, owned by a Chinese conglomerate since 2016. Frontier has providedcompanies, including Sicomines, a joint venture between the Congolese and Chinese governments.
Mr. Prince is perhaps best known for having run the private security firm Blackwater, which was accused of breaching ethical and legal boundaries. In 2007, Blackwater employees killed. This year, Mr. Prince to have violated an arms embargo on .
Shortly after theviolation, as a top officer at Frontier, though his lawyer has said the move was “over disagreements with the management performance and direction of the company.” At the time of his resignation, Mr. Prince sold most of his holdings in Frontier Services. A spokesman said he no longer had any financial interest in the company.
Asked about the mining activities, the spokesman said Mr. Prince had for years seen substantial exploratory opportunities in Africa and elsewhere. “Those activities,” he added, “can be undertaken in a way that is at the same time profitable, environmentally responsible and ethical.”
To Mr. Kabongo, Mr. Prince is well suited for a high-risk place like Congo. “I like his passion for being able to move things from the moon to the middle of the jungle,” he said. “He’s interested in finding new frontiers. That’s what we need here. We need someone daring.”
From Kate Spade to Congo
Jide Zeitlin has been a partner at Goldman Sachs. He has run Tapestry, the parent company of Kate Spade and Coach. He hasof Nigeria Sovereign Investment Authority, and Mr. Obama nominated him for a U.N. post — though Mr. Zeitlin amid personal and business troubles, some of which also led him to resign from Tapestry.
Now, Mr. Zeitlin is another high-profile investor with a laser focus on Congo’s minerals and metals and an occasional guest at the Fleuve, where he booked a stay this month planning to meet with top Congolese officials.