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British Security Firm Profits from Mali War

Categories: Middle East & North Africa, Sub-Saharan Africa, Algeria, Libya, Mali, Citizen Media, Economics & Business, Governance, International Relations, Labor, Politics, War & Conflict

Ramzy Baroud writes [1] [fr] about the conflict in Mali on Pambazuka:

British security firm G4S will rake in enormous profits due to the crisis taking place in Mali, Libya and Algeria. Recognized as the biggest security firm in the world, the group was downgraded at the time of the Olympic Games in London last year, as a result of its inability to meet the terms of a government contract. However, with the growing instability in Northern and Western Africa, it is expected that the firm will make a strong recovery in the near future.