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…

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    • RMB's Miranda Abraham says investors in Africa deserve to be fairly compensated for the risk they take
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Source: Rand Merchant Bank |

Rand Merchant Bank (RMB): African Risk is not Fairly Priced - Governments Should Take Advantage (By Miranda Abraham)

African banks and investors are desperate for assets and are very comfortable assessing and understanding sub investment grade African risk

By Miranda Abraham, Head of Loan Syndications at RMB in London (www.RMB.co.za) Yield-chasing investors have poured money into the continent but an emerging, recent challenge for Africa is that in a now higher interest rate environment, investors don't need to come to Africa to find higher returns. Even US treasuries…

Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) supports ambitious development outcomes in Rwanda

The capital raise which was marketed to and supported by a diverse pool of investors sets a new benchmark for the region in developing sustainable finance instruments

RMB (www.RMB.co.za) acted as Joint Lead Manager alongside BK Capital Ltd, and the sole Sustainability Coordinator, for the Development Bank of Rwanda Plc’s (BRD) inaugural FRW150 billion Medium Term Note (MTN) Programme and maiden FRW30 billion Sustainability-Linked Bond (SLB) issuance. The bond is partially credit-enhanced by a World Bank facility.…

Source: Rand Merchant Bank |

Lango and Rand Merchant Bank (RMB) take a lead in propelling Africa’s sustainability agenda

The generation of compelling and sustainable investor returns through the acquisition of prime commercial real estate assets in key gateway cities across Africa is central to Lango’s business model

Leading pan-African real estate firm Lango has proactively appointed RMB (www.RMB.co.za) to act as sole sustainability advisor and coordinator for its first sustainability-linked financing package. The generation of compelling and sustainable investor returns through the acquisition of prime commercial real estate assets in key gateway cities across Africa is central to…

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    • Miranda Abraham, RMB’s Head of Loan Syndications, has been appointed as a Board Member of the Loan Market Association
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Source: Rand Merchant Bank |

The Loan Market Association appoints Rand Merchant Bank’s (RMB) Head of Loan Syndications to board, in first for an African bank

The LMA works with lenders, law firms, borrowers and regulators to educate the market about the benefits of the syndicated loan product, and to remove barriers to entry for new participants

Miranda Abraham, RMB’s (www.RMB.co.za) Head of Loan Syndications, has been appointed as a Board Member of the Loan Market Association (LMA). Scott McMunn, Chief Executive Officer of the LMA, said, “It is fantastic to welcome Miranda to the Board, for the first time seeing African bank representation. As the loan…

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Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) delivers multinational, multi-currency solution for growth with extensive funding package for GZ Industries

The Group has manufacturing facilities in Nigeria and South Africa with current production capacity of three billion cans per year and supplies into key regional markets in West and Southern Africa

Rand Merchant Bank (RMB) (www.RMB.co.za) has acted as the sole arranger and lender to the GZ Industries Limited group (GZI) on a $47 million and NGN5 billion funding package, offering a tailored solution that positions the company favourably for growth and expansion in the future. GZI is a leading manufacturer…