Ichikowitz, Paris' agent in Africa
Following his acquisition of the French military avionics firm ATE (IOL 679), which has contracts with Eurocopter in Iraq and [...]
Glencore is an Anglo-Swiss commodities trader that is particularly active in Africa, most notably the Democratic Republic of Congo (DRC). In 2011, Glencore controlled 60% of the world’s zinc production and 50% of copper production. The company has been hit badly by falling commodities prices and has been selling off assets around the world.
Engineering firms that install French missiles and electronic components on foreign-owned or outdated French materiel are leaving France one by one to set up shop in countries where there are fewer controls on defence companies. The departure of companies such [...]