Rand Merchant Bank proudly acted as joint lead arranger and bookrunner for the Africa Finance Corporation, thereby showcasing its international market capabilities.

The transaction contributes to continued African infrastructure development and was upsized from US$100-m to US$150-m due to demand from global investors; it also marks the 1st Sukuk transaction of 2017, the 1st US$ Sukuk transaction by an African supranational and the highest rated US$ Sukuk issuance by an African entity.

RMB has an extensive deal footprint in over 35 countries in Africa.

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