Africa

RMB in Africa
Playing an active role in the development of the African continent.
Through FirstRand, our parent company, RMB is a signatory to Nepad (New Partnership for African Development) and we play an active role in the ongoing economic transformation of the continent. From a development perspective, we constitute a critical pool of capital and expertise. Our activities help to build the social, financial and infrastructural foundations of both South Africa and the African continent. (View where we have done business in Africa.)
Accolades
For more details and information on our awards and accolades, click here.
Investment banking in Africa
RMB covers the continent from its South African base. We provide a full spectrum of investment banking services to all industries, making us one of the leading financial and business partners on the continent.
We have funded various development projects in around 30 African countries - from ports, dams and energy installations to mines, railways and factories. We have financed a major power station in the Nigerian capital Lagos, funded the acquisition of rolling stock for Sudan Railways and helped Botswana to launch its first sovereign bond issue.
RMB won the 2008 'Africa Public Private Partnership (PPP) Deal of the Year' for the Lekki Epe Expressway in Lagos, Nigeria and the Africa 'Refinancing Deal of the Year' for structuring the refinancing of the N3 toll road between Gauteng and Kwa-Zulu Natal, from UK-based Project Finance Magazine.
Fixed income, currency and commodities in Africa (FICC)
FICC’s product range includes the full spectrum of products from vanilla to structured debt. We provide clients with a dedicated, on the ground treasury client service, which aims to understand the client’s business in its totality before providing solutions and we have top notch economists who compile insightful research on Africa, focusing on different areas. This is supported from the FICC Africa head office in Johannesburg. For more information on FICC, visit the ficc.rmb.co.za website,
FirstRand in Africa
FirstRand, is one of the biggest banks in Africa with a market cap of US$10.5bn. The group had normalised earnings of US$1.1bn in the 2008 financial year with 10% of profit before tax generated from the Africa operations. FirstRand, through its subsidiaries, has a strong footprint in Africa with FNB as a significant player in the banking landscape in Namibia and Botswana and recently launching in Zambia.
FirstRand Bank and China Construction Bank Corporation (“CCB”) signed a memorandum of understanding on 30th July 2009 whereby FirstRand Bank and CCB will focus on growth opportunities in Africa together. RMB and CCB will initially provide joint advisory and structuring services to Chinese clients seeking to make investments into entities or transactions in Africa; South African and African based corporate clients or projects that may be of interest to Chinese corporates, and South African and African based corporate clients looking to pursue opportunities in China. CCB brings a formidable balance sheet to support RMB’s corporate finance, M & A and project finance teams.
For more information, view the Press Release: FirstRand and China Construction Bank agree on strategic co-operation - 30 July 2009 on the FirstRand website.

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