“Ex-Blackwater CEO and former US Navy Seal Erik Prince has deepened his involvement with Kenya’s aviation industry with the acquisition of a 49 per cent stake in Phoenix Aviation.
Frontier Service Group Ltd, of which Mr Prince is the chairman, announced it had invested about $14 million (Sh1.2 billion) in one of the oldest Kenyan aviation companies in a bid to increase its footprint in the country.”
Source:Former Blackwater man buys 49 pc of Phoenix Aviation – Corporate News – businessdailyafrica.com