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RMB’s Sustainable Finance team has been recognised by Global Finance with awards for ‘Best Bank for Sustainable Infrastructure/Project Finance’; ‘Best Bank for Green Bonds’; and ‘Best Bank for Social Bonds’. These accolades underscore our commitment to making a meaningful difference in the environment and societies in which we operate.
RMB has developed a clear African market-leadership position with transactions that have contributed to positive environmental and social outcomes.
In line with reducing carbon footprints, Envusa is a landmark energy-trading platform that’s decarbonising the Anglo American Group’s South African operations and growing capacity from 28GW in 2015 to 60GW by 2030. This initial transaction involves both wind and solar projects that will generate 520MW of power sold, with projects financed during construction. The power these projects generate will be sold to the diverse companies within Anglo American.
The second green bond issued by parent company FirstRand was part of the bank’s October 2023 issuance. This raised R3.4 billion and leveraged a structure that penalises funds not deployed into green projects within 24 months. The bond’s proceeds will finance renewable energy projects and green buildings that meet the bank’s criteria outlined in its sustainability bond framework.
Letshego Holdings Namibia focuses on financial inclusion to alleviate poverty, with solutions geared toward low- and middle-income population segments and micro, small, and midsize enterprises. RMB arranged and co-ordinated the sustainability of a social bond that was a first for the company and Namibia. The senior unsecured notes were oversubscribed, and the capital raised from the social bonds will fund opportunities with a social impact.
Source: https://gfmag.com/award/award-winners/sustainable-finance-2025-africa/