Rawbank, first DR Congo bank to launch mining company securitisation
The Sino-Congolese bank piloted the issuance of $10 million of negotiable debt to a mining group operating in Katanga.
24/11/2022 at 14h10, by Africa Business+
This issue of negotiable receivables on the financial market is a first in the banking sector for DR Congo. The initiative, based on the principle of securitisation of private receivables, was driven by an industrial client of Rawbank.
Recommended articles
Bank
11/01/2024 at 16h41, by Africa Business+
Rawbank CEO Mustafa Rawji: “In carbon credit projects, we have identified potential financing of $150m to $200m.”
The CEO of DR Congo-based Rawbank spoke to Africa Business+ about its plans to monetise carbon credits.
Renewable energies
04/12/2023 at 14h54, by Africa Business+
Rawbank and Vitol target DRC renewable energy and biodiversity projects with $20m investment
The bank and the trader have confirmed their partnership to reduce CO2 emissions at COP28 in Dubai.
Bank
06/01/2023 at 15h54, by Africa Business+
NMB secures €100 million investment in Tanzania’s blue economy
Partially taken over by Arise in 2021, the Tanzanian bank made a significant strike with this line of...
Commercial banking
03/01/2023 at 17h00, by Africa Business+
Bank of Alexandria secures European Investment Bank backing
This is the second advance from the development institution in five years.
Bank
17/10/2022 at 13h49, by Africa Business+
Mustafa Rawji’s team at Rawbank
General manager since 2020 of the first Sino-Congolese bank founded by the Rawji family, Mustafa Rawji...
Bank
02/07/2021 at 14h29, by Africa Business+
Côte d’Ivoire Africa Link Capital expects four new securitisation deals by the end of 2021
The inside story from Jeune Afrique Business+