RCS - Prime Africa Trade - Prime Group $60B Investment Fund

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18/09/2024 12:30

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RNS Number : 6843E  Prime Africa Trade Pte Ltd  18 September 2024

Prime Group Announces $60 Billion Investment Fund for Oil Exploration, Mining,
and Agriculture in Africa

 

Singapore, Prime Group (https://www.primeinvestmentslimited.net) , led by CEO
Karim Bouhout, is pleased to announce the launch of a $60 billion fund focused
on strategic investments in oil exploration, mining, and agriculture across
Africa. This landmark initiative aims to drive sustainable economic
development by capitalizing on Africa's vast natural resources while advancing
responsible investment practices.

 

The fund is designed to propel significant growth in Africa's resource
sectors, meeting the rising global demand for energy and agricultural
commodities, while also generating employment and fostering economic activity
across the continent. Prime Group is committed to balancing profitability with
positive environmental and social outcomes by prioritizing responsible and
sustainable investment approaches.

 

Prime Group has been advancing African market opportunities to global
investors for over a decade now, and with succession of its CEO Karim Bouhout
the group is now closer than ever before to empowering African businesses and
markets to new heights.

Photo: With Karim Bouhout

 

"This fund represents a transformative opportunity for both Prime Group and
the African continent," said Karim Bouhout, CEO of Prime Group. "Our vision is
to unlock the immense potential within Africa's natural resources while
empowering local communities and promoting innovation in key sectors. We are
dedicated to creating long-term value by driving sustainable practices in oil
exploration, mining, and agriculture."

 

Prime Group's $60 billion fund will target projects that adhere to
international sustainability standards, focusing on technological advancements
in resource extraction and modern agricultural practices. The firm will work
closely with African governments, local businesses, and communities to ensure
that these investments contribute to meaningful and lasting social and
economic benefits.

 

With global demand for energy and food projected to increase, Africa is poised
to become a key player in addressing these challenges. Prime Group's
investment strategy is designed to position the continent as a leader in the
global market while ensuring resources are developed in an environmentally
responsible and economically viable manner.

 Photo: Karim Bouhout

 

About Prime Group

 

Prime Group is a leading investment firm specializing in resource development,
with a focus on sustainable investment strategies. The firm is committed to
driving economic growth while prioritizing social and environmental
responsibility. Through strategic investments, Prime Group aims to make a
positive impact on the regions in which it operates.

 

Prime Group works with international investors in commodity trading,
industrial and infrastructure development, agriculture, logistics hospitality
and art. Prime Group's objective is to manage and deploy capital into the most
profitable areas specifically focused within African markets, and extract
great long-term returns for its shareholders and investors.

 

To learn more about Prime Group, visit:
https://www.primeinvestmentslimited.net
(https://www.primeinvestmentslimited.net) .

 

Stankevicius Media Relations Contact

 

For interviews with CEO Karim Bouhout or additional information, please
contact business@stankeviciusmgm.com (mailto:business@stankeviciusmgm.com) .

 

Stankevicius Pacific Limited "Stankevicius MGM" is a professional media
marketing company providing strategic PR and advertising services.

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