RMB seeks MIGA support in deal with Côte d’Ivoire government

RMB seeks MIGA support in deal with Côte d’Ivoire government

The South African investment bank intends to lend €100 million in the short term to the Ivorian government to support public and private sector commercial transactions.

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            ▪ RMB seeks MIGA support in deal with Côte d’Ivoire government

▪ The South African investment bank intends to lend €100 million in the short term to the Ivorian government to support public and private sector commercial transactions.

https://www.africabusinessplus.com/en/815426/rmb-seeks-miga-support-in-deal-with-cote-divoire-government/

Mainly known for its activities in the English-speaking world, the South African investment bank Rand Merchant Bank (RMB) recently applied to the Multilateral Investment Guarantee Agency (MIGA) regarding a loan to Côte d’Ivoire. The request was made to the World Bank‘s guarantee mechanismheaded by the Japanese Hiroshi Matano, by the London subsidiary of the FirstRand Bank Limited group, the parent company of RMB.

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