SOFX ALERT
Blackwater founder’s FSG signs security deal with Somali region | Reuters
Screen Shot via Youtube

Blackwater founder’s FSG signs security deal with Somali region | Reuters

Frontier Services Group (FSG) , co-founded by Erik Prince who created the U.S. security firm Blackwater, said on Thursday it would provide logistics, aviation and security services for a regional development project in Somalia.

Hong Kong-listed FSG said the deal was signed with the Free Zone Investment Authority of the South West State of Somalia, one of the federal regions set up under efforts in the Horn of Africa nation to rebuild its political structures and economy.

The president of the South West State region, Sharif Hassan Sheikh Aden, said in a statement that the project was part of the region’s move to attract local and foreign investors.

Source: Blackwater founder’s FSG signs security deal with Somali region | Reuters