Rand Merchant Bank
Source: Rand Merchant Bank |

The RMB Where to Invest in Africa 2024 report highlights Africa’s top investment economies

The methodology used for this edition of the Where to Invest in Africa report builds and expands on previous editions, taking into account new data sets as well as changing geopolitical and macroeconomic climates

RMB (www.RMB.com) has released the highly anticipated 2024 edition of its Where to Invest in Africa report, a comprehensive analysis of the top investment destinations on the continent. The report, which has been developed in collaboration with the Gordon Institute of Business Science (GIBS), leverages a robust methodology that has been…

Rand Merchant Bank
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    • Miranda Abraham, Head of Loan Syndication at RMB in London
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Source: Rand Merchant Bank |

After years in the cold, signs of renewed investor interest in Africa as 2024 proving bumper year (By Miranda Abraham)

African countries are seeking to address global development challenges and are calling for a fair financial system to handle climate shocks and implement their development agenda

By Miranda Abraham, Head of Loan Syndication at RMB (www.RMB.co.za) in London. Over the past few years, African debt markets have faced significant challenges due to a combination of factors including soft global economic conditions, the COVID-19 pandemic and related supply chain failures. These factors led to a decrease in demand…

Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) Wins Global Trade Review (GTR) Best Trade Finance Bank in Southern Africa and Best Trade Finance Deal in Africa with Sovereign Trade Finance Deal

RMB has over the years, been providing various solutions to the African Sovereign market, from syndicated lending facilities, Green Bonds, Eurobonds and more recently short-term structured solutions

In the recent Global Trade Review (GTR) awards announcement, RMB (www.RMB.co.za) has been awarded as the Best Trade Finance Bank in Southern Africa and for the Best Trade Finance Deal in Africa for the Sovereign Trade Finance transaction – a collaboration with the Multilateral Investment Guarantee Agency (MIGA) and the…

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    • Rand Merchant Bank (RMB) advises on R3 billion sale of BevCo to Varun Beverages in a landmark Indo-Africa deal
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Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) advises on R3 billion sale of BevCo to Varun Beverages in a landmark Indo-Africa deal

BevCo, is one of the largest carbonated soft drinks producers in Southern Africa

India-listed Varun Beverages Limited (“VBL”), the largest PepsiCo bottler outside of the USA and China, entered into an agreement to acquire 100% of the shares in The Beverage Company Proprietary Limited (“BevCo”). RMB (www.RMB.co.za) acted as sole financial advisor to BevCo and selling shareholders, including a Private Equity Fund managed…

Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa

The fund has announced its first close on 17th of April in which it has successfully raised an equity of ~$100m

RMB (www.RMB.co.za) one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa. The fund has announced its first close on 17th of April in which it has successfully…

Source: Rand Merchant Bank |

Kenmare Resources gears for growth with a new US$200m facility led by Rand Merchant Bank (RMB)

The tailored facility allows Kenmare to meet their strategic objectives in the most efficient way possible, giving them the financial flexibility they need to position the company for future growth in this bespoke commodity sector

London-listed Kenmare Resources plc, operator of the Moma titanium minerals mine in northern Mozambique, has secured a funding package to refinance a maturing revolving credit facility and a five-year term loan facility. RMB, acting as the Initial Mandated Lead Arranger (IMLA) on the deal as well as one of the…

Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) works with World Bank in closing first to market MIGA guaranteed short-term sovereign loan

Through collaboration with MIGA and the Minister of Economy and Finance for Côte d'Ivoire, RMB facilitated a short-term loan to support crucial trade related initiatives

Rand Merchant Bank (RMB) (www.RMB.co.za), a division of FirstRand Bank Limited, has achieved a significant milestone in Africa by partnering with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank, to extend short-term funding support on a trade-backed facility for the Republic of Côte d'Ivoire. Through collaboration…

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    • Krishna Nagar, Co-head of Corporate Finance at Rand Merchant Bank
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Source: Rand Merchant Bank |

Clairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries

This partnership will position RMB as the gateway for Clairfield clients into South Africa, Nigeria, and the broader sub-Saharan African market, while Clairfield opens doors for RMB into Europe, the Americas, and the Asia-Pacific region

Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Rand Merchant Bank (RMB) (www.RMB.co.za), a division of FirstRand Bank Limited (part of FirstRand Limited, the largest financial services group by market capitalisation in Africa), are delighted to announce that they formally agreed to partner, marking both firms’ commitment to…

Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) invests in leading climate tech company KOKO as part of carbon business growth

Innovative carbon financing solution enables expansion of clean energy and forest protection across Africa

RMB (www.RMB.co.za) announced today a strategic partnership with climate technology leader KOKO, where it has acted as the lead mandated arranger and financier for a pioneering carbon financing solution, to further propel KOKO’s climate objectives. In Africa, over 900 million people cook with polluting fuels like charcoal, directly driving millions…

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    • RMB's Tshepo Ntsane says COP28 will need to see developed countries make good on their funding commitments
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Source: Rand Merchant Bank |

From COP27 to COP28 – key factors for Africa ahead of the 2023 United Nations Climate Change Conference (By Tshepo Ntsane)

For African countries in particular, COP 28 marks an important pivot point around funding, just transition and the Nairobi Declaration

By Tshepo Ntsane, Sustainable Finance Transactor at Rand Merchant Bank (www.RMB.co.za) The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) represents an important international forum for countries to gather to discuss and address global climate change issues. However, to date these conferences have…