In Focus | Africa
Monaco Resources, the principality's mysterious African trading company

In less than 10 years, an enigmatic Monaco company, Monaco Resources, has established itself in all sectors of the African economy - from mines and agri-business to port logistics and trading. Its rapid but uncharted success has been financed by borrowing on European bond markets. [...]
Reading time 6 minutes
Monaco Resources' offshore structures
Monaco Resources' offshore structures
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In less than 10 years, Monaco Resources has become a major player in African commodities. Until now, it has been quite secretive about its shareholders and the backgrounds of its executives, but is finding it increasingly hard to maintain this stance as it grows in size and is forced to jostle for position on highly competitive markets.

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In Focus | Burkina Faso, DRC, Gabon, Monaco, Senegal
Lecourt family rent Monaco letter boxes to African oligarchs

The Lecourt family, which has been established on the Rock of Monaco for the last two generations, began in the soap business before going on to build up a profitable agricultural trading business and then a cleaning business of a non-corporal sort, registering companies in Monaco for third parties.

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