The Congo as a Site of Capital Accumulation: Erik Prince and the Privatization of War

A lot of news has circulated across various global media platforms following reports that militias affiliated with Erik Prince—the U.S. billionaire and founder of the infamous military contractor Blackwater, which has a track record of abuses and killings in several Global South countries—suffered significant field losses in the eastern Democratic Republic of the Congo. This followed an ambush that resulted in the death and injury of at least 20 people, including Tim Kennedy, a famous UFC athlete and former US Army Special Forces soldier.

Erik Prince is a U.S. businessman and former US Navy SEAL who founded Blackwater in 1997, transforming it into one of the world’s most notorious military mercenary companies. He capitalized on the U.S. military’s growing reliance on private military and security firms to provide paid combat and security services. Educated at Hillsdale College, a conservative religious institution, he later served in the US Navy SEALs. His career illustrates the intersection of private capitalist interests and U.S. military expansion, where wars and military interventions become profit-making ventures. After selling Blackwater in 2010, Prince continued his operations through other companies and networks, including Frontier Services Group, which expanded into providing logistical and security services for commercial and mining projects in Africa. In recent years, he branched out through Vectus Global, whose activities in the DRC expanded from collecting mineral resource revenues to providing operational support to the Congolese army.

Under President Felix Tshisekedi, a documented attempt to enlist foreign military contractors (mercenaries) dates back to 2023. At the time, the Rwanda-backed M23 militia was making field advances in North Kivu province, and the government was looking for ways to bolster its military capabilities and secure mining areas in the east. In this context, a plan was revived to bring in about 2,500 military contractors from Colombia, Mexico, and Argentina to halt the rebel advance and secure mineral-rich regions. Preparations included establishing barracks in Mubambiro, near Sake and adjacent to a Congo Protection training camp, to host the first batch in late July 2023. Containers of equipment arrived at the site that same month. Erik Prince spearheaded the negotiations to deploy these foreign contractors, part of a plan heavily promoted by Kahumbu Bula Mandungu, known as “Kao,” an advisor to President Tshisekedi, amid reports linking the scheme to arrangements between Kinshasa and Abu Dhabi. Ultimately, the project stalled, and the Latin American contractors never arrived in the DRC.

Prince returned to the Congolese scene through a seemingly different avenue in late 2024, striking an agreement with the Congolese government to improve public revenue collection from the mining sector and combat mineral smuggling in copper- and cobalt-rich areas. The government signed a five-year deal with Prince through a network of commercial shell entities. In June 2025, Quantum Global Consulting, a UAE-based firm linked to Prince, registered a subsidiary in the DRC, Quantum Global Consulting Africa, to act as its legal representative. This subsidiary then registered Vectus Global as a local legal entity. The contract with the Congolese Ministry of Finance included a financial mandate to increase government revenues from extractive industries while curbing smuggling, corruption, and tax evasion. However, it also contained a secret military component: advising the Congolese Armed Forces, providing aerial capabilities, and recruiting foreign military personnel. The contract was valued at approximately $700 million over five years.

The initial plan involved dispatching about 100 advisors and technical experts to monitor mining operations and revenues, starting with major mines before gradually expanding. The goal was to improve the oversight of production and exports and ensure compliance with the Congolese mining code. The priority was the Katanga region, particularly around the city of Kolwezi, the hub of the copper and cobalt industry. This area was far from the main combat zones where the M23 militia operated in North Kivu.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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