Good day, everyone.
I've come across a rather interesting badge that appears to be French. But I just can't find anything concrete about what unit or regiment it might have been from. There is quite a bit going on with this insignia; the anchor would seem to indicate the French Troupes Coloniales, not sure if French or Indigenous, in the North African colonial period. Possibly infantry attached to the Navy, from the armored figure of what we think may be Athena or Minerva. There are no wings to indicate paratroopers or air commandos. We also see tridents and what look like guisarme between the tridents and anchor.
Seeing Drago Paris Nice and 43 R. Olivier Metra would tell me that it is from late 1940s/Indichina.
It has been suggested to me that it might not be French at all, by someone who has looked in their catalogs of all known French insignia. If that is the case, my apologies for taking up everyone's time with this snipe hunt.
My thanks for any assistance, and very best regards.