Prime Group Announces Game-Changing $60 Billion Investment Fund to Revolutionize Oil, Mining, and Agriculture in Africa

Source EQS

Singapore, Prime Group, under the leadership of CEO Karim Bouhout, proudly unveils its $60 billion investment fund, designed to supercharge oil exploration, mining, and agriculture across the African continent. This unprecedented initiative is not just about capitalizing on Africa’s rich natural resources—it’s about positioning Africa as a global powerhouse, with sustainable growth and strategic political influence at its core.

 

Prime Group’s fund is engineered to unlock Africa's vast potential, bolstering economic independence while forging stronger partnerships with international players. The fund will be a key driver in reshaping Africa’s standing on the global stage, ensuring that the continent’s resource sectors no longer play a secondary role but take center stage in shaping the future of global trade and industry.

 

“This is more than an investment fund—it’s a political and economic catalyst for Africa,” said Karim Bouhout, CEO of Prime Group. “We are committed to transforming Africa into a cornerstone of global energy and agricultural supply chains. This fund is a statement: Africa’s time is now. By empowering local economies and driving innovation in oil, mining, and agriculture, we are building a future where Africa’s resources are developed sustainably, and its people are empowered politically and economically.”

 

A New Era of Global Partnerships and African Leadership

 

Prime Group’s $60 billion fund is not just an investment—it is a strategic instrument aimed at driving political influence and economic sovereignty for African nations. By prioritizing partnerships with local governments, businesses, and stakeholders, Prime Group is fostering a new model of African growth that aligns with global sustainability goals while ensuring that African countries remain key players in the resource-based global economy.

 

The company has spent more than a decade laying the groundwork for this initiative. Under the leadership of Karim Bouhout, Prime Group has successfully bridged global investment with African markets. Now, with this transformative fund, the group is doubling down on its commitment to African leadership in global resource development.

 

Sustainability as a Political Strategy

 

At a time when global environmental policies are increasingly shaping economic decisions, Prime Group is aligning its investments with international sustainability frameworks to ensure that African resources are developed responsibly. This fund prioritizes projects that meet the highest environmental standards, while also adopting cutting-edge technologies in resource extraction and modern agricultural practices.

 

By doing so, Prime Group is sending a powerful message: Africa will not only be a global supplier of resources but will do so on its own terms—leading the world in sustainable development. This approach positions African nations as key political allies in the global effort to address climate change, making Africa a pivotal player in future international negotiations on energy, trade, and environmental policy.

 

Africa’s Emergence as a Global Resource Leader

 

The geopolitical significance of Africa’s resources cannot be overstated. As global demand for energy and agriculture surges, Africa is uniquely positioned to supply these critical commodities. Prime Group’s investment strategy will enable African nations to seize this moment, becoming central to global supply chains and influencing the political discourse on resource management.

 

This fund aims to reposition Africa as a global resource leader, not just a beneficiary of external aid or foreign investment. By fostering self-sufficiency and economic independence, Prime Group is helping African nations build their own wealth, while establishing strong diplomatic and trade ties with key global powers.

 

About Prime Group

 

Prime Group is a trailblazing investment firm, specializing in resource development with an unwavering commitment to sustainability and geopolitical impact. The firm operates across diverse sectors, including commodity trading, infrastructure, agriculture, logistics, and hospitality, with a strong focus on driving long-term value for both shareholders and local communities. Prime Group’s mission is to deploy capital strategically in Africa’s most promising industries, ensuring that economic growth is inextricably linked with political empowerment.

 

By consistently delivering returns through its strategic investments, Prime Group has established itself as a leader in aligning profit with political influence, setting a new standard for responsible resource development.

 

For more information about Prime Group and its bold vision for Africa, visit: https://www.primeinvestmentslimited.net.

 

Media Contact

 

For interviews with CEO Karim Bouhout or more details on this initiative, please contact: 

Email: business@stankeviciusmgm.com.

 

Stankevicius MGM provides comprehensive media marketing services, including strategic PR and global advertising solutions.

18/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.
The issuer is solely responsible for the content of this announcement.

Media archive at www.todayir.com

fncls.ssp?fn=show_t_gif&application_id=1990781&application_name=news&site_id=todayir~~~8718cfbc-9d37-4155-9f28-3af0e96374d5
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Sep 23, Wed
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decisionThe US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.
Author  Mitrade
Sep 28, Mon
The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.
placeholder
Nvidia's $150 billion buyback landed — and the AI sector fell anyway. That's the signal worth tradingNvidia closed up 1.68% at $228.86 on 28 September after announcing a $150 billion share repurchase authorisation, the largest single corporate buyback on record, while the rest of the AI complex sold off: AMD -3.6%, Micron -2.6%, Meta -4.8% and the Philadelphia Semiconductor Index -1.61%. The divergence is not noise. Capital is rotating toward cash-flow certainty, not abandoning the AI theme. With Micron reporting after the close on 30 September, here is what the split means.
Author  Irene Q.
Yesterday 06: 31
Nvidia closed up 1.68% at $228.86 on 28 September after announcing a $150 billion share repurchase authorisation, the largest single corporate buyback on record, while the rest of the AI complex sold off: AMD -3.6%, Micron -2.6%, Meta -4.8% and the Philadelphia Semiconductor Index -1.61%. The divergence is not noise. Capital is rotating toward cash-flow certainty, not abandoning the AI theme. With Micron reporting after the close on 30 September, here is what the split means.
placeholder
The 30-year Treasury just hit a 22-year high — and the bond market is not pricing the Fed, it is pricing the deficitThe 30-year Treasury yield closed at 5.56% on 28 September, the highest since June 2004, while the 10-year reached 5.24% and the 20-year 5.60%. The curve has steepened roughly 30bp in eight sessions even as October hike odds sit at 70.3%. That gap is the story: the long end is repricing fiscal and inflation risk, not policy. With PCE on Wednesday and payrolls on Friday, here is what the long end is really saying.
Author  Irene Q.
Yesterday 07: 08
The 30-year Treasury yield closed at 5.56% on 28 September, the highest since June 2004, while the 10-year reached 5.24% and the 20-year 5.60%. The curve has steepened roughly 30bp in eight sessions even as October hike odds sit at 70.3%. That gap is the story: the long end is repricing fiscal and inflation risk, not policy. With PCE on Wednesday and payrolls on Friday, here is what the long end is really saying.
placeholder
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonightThe 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
Author  Suzie
3 hours ago
The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
goTop
quote