The Humber Bridge, near Kingston upon Hull, East Riding of Yorkshire, England, UK
RMB’s $300m Beitbridge border post modernisation project, which recently reached a financial close, involved the upgrade and rehabilitation of the Zimbabwean side of the Beitbridge border post, under a 17-and-a-half-year concession granted by the Zimbabwean government to La Frontiere.
RMB has acted as financial adviser to La Frontiere since 2018, and later took on the roles of joint mandated lead arranger and hedging bank for the project. We partnered with five other financial institutions in structuring the transaction.
The deal has come at a time when infrastructure development and public-private partnerships (PPPs) are more critical than ever to stimulate economic growth. As the leading investment bank in the African concessions and PPP sector, we felt confident that we could provide a tailored solution despite the challenges.