The Head of Oil and Gas Sector Solutions at Rand Merchant Bank in London believes that the escalating Russian-Ukrainian conflict has put the African continent in desperate need of buying gas from countries like Mozambique. "The world, and Europe in particular, desperately needs countries like Mozambique to fill the...
Tag: Rand Merchant Bank
Rising European interest rates aggravate crisis in Africa, analysts say
Thursday's interest rate hike by the European Central Bank will make it even more difficult for African and other emerging market countries to finance themselves, several analysts said, suggesting alternative sources of funding. "The perfect storm of inflationary pressures, aggressive monetary policy by central banks, combined with a deepening Russia/Ukraine crisis,...
Transport and Logistics sector fuels economic growth in Mozambique
During FNB Mozambique's recent economic breakfast, which took place in Maputo, Daniel Kavishe - senior economist at Rand Merchant Bank (RMB) - among other topics, made remarks about the impact of the Russia-Ukraine war in all African economies which, added to the prolonged effects of the pandemic, caused the worsening of oil prices and the...
Economic Outlook: Growth of the Mozambican Economy Post-Pandemic
According to Rand Merchant Bank (RMB), the corporate and investment banking partner of FirstRand Bank, of which FNB Mozambique is an integral part, the negative effects of the war between Russia and Ukraine continue to affect African economies generally. Along with the lingering effects of the pandemic, this situation...
RMB helps raise $1.2bn for Afreximbank in boost to African trade post Covid
Rand Merchant Bank (RMB), the corporate and investment banking partner of FirstRand Bank Limited - of which FNB Mozambique is also a subsidiary, is the global coordinator and bookrunner of the African Export Import Bank (Afreximbank), with the provision of a 3-year, $1.2 billion term financing...
RMB is global coordinator and active bookrunner in inaugural launch of €700M Eurobond
Rand Merchant Bank's (RMB) Capital Markets and Debt (DCM) team collaborated with Bank of Industry (BOI), Nigeria's largest, oldest and most profitable Development Finance Institution (DFI), to issue a EUR 700 million Eurobond through Senior Note Participation Bonds...