Prime Group, the Singapore-headquartered investment platform focused on African resource development, continues to attract sophisticated European institutional capital, reflecting confidence in its structured approach to continental transformation. Following the recent $100 million equity agreement from Al Maktoum Finance, the Group has now signed a series of Memoranda of Understanding with investment consortia based in Geneva, Luxembourg, and Frankfurt.
These agreements, currently in the final due diligence phase, signal a growing recognition among European institutions of Prime Group’s unique model: operating as a non-operator strategic financier that partners with sovereign entities and global industrial leaders to build in-continent value addition and processing capacity.
A Model Aligned with European Institutional Mandates 
The Prime Group structure addresses key European institutional priorities: transparent governance through its Singapore base, clearly defined ESG impact via projects that enhance energy and food sovereignty, and a tangible liquidity pathway through its planned 2026 Singapore Exchange (SGX) listing.
“The interest from Geneva, Luxembourg, and Frankfurt underscores a shared understanding,” stated Karim Bouhout, Chairman and CEO of Prime Group. “European capital seeks more than commodity exposure; it seeks structured participation in Africa’s foundational economic transformation. Our model provides exactly that—a disciplined, project-finance approach to building sovereign capabilities in energy, mining, and agriculture.”
From Capital to Concrete Impact
The capital under discussion is earmarked for Prime Group’s advanced project pipeline, which includes strategic participation in the $6.2 billion Lobito refinery project in Angola—a critical initiative to address the nation’s $3 billion annual fuel import dependency. The Group’s role exemplifies its bridge function, coordinating between international finance, global EPC contractors, and national oil company Sonangol.
This model of transforming strategic capital into sovereign infrastructure is the core of Prime Group’s proposition, attracting institutions looking for asset-backed growth aligned with long-term developmental outcomes.
A Defined Pathway Forward
Prime Group’s operational focus remains on the disciplined execution of its existing portfolio and the structured preparation for its public market debut. The incoming European capital partnerships represent a logical expansion of its institutional investor base, following the anchor investment from Al Maktoum Finance.
The Group continues to advance its strategic assets in oil, mining, and agriculture, with the SGX listing in 2026 designed to provide transparent, liquid exposure for its global partners to Africa’s resource sovereignty trajectory.
About Prime Group Prime Group is a diversified international investment and trading platform focused on the development of oil, mining, and agricultural assets in Africa. Operating from its Singapore headquarters, the Group structures long-term partnerships to build in-continent value addition and processing capacity.
About Karim Bouhout Karim Bouhout serves as the Chairman and CEO of Prime Group, overseeing the Group’s strategic direction and institutional partnerships, with a focus on aligning capital deployment with sustainable economic development objectives in key African markets.
