RMB contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa
RMB ( www.RMB.co.za ) one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa.
- RMB ( www.RMB.co.za ) one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa.
- The IMF has recently noted that for every $1m invested in infrastructure projects, between 8 and 30 jobs are created in low income developing countries.
- Perrin-Guinot added that RMB’s investment in the fund is a great example of African banks contributing to solutions to African problems.
- Hussein Sefian, CEO of Acre Impact Capital said: “RMB’s investment in the Fund demonstrates the positive role that African financial institutions are playing in supporting the financing of climate-aligned essential infrastructure in Africa.