Feb. 12, 2021
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.
May 23, 2019
The government has set aside about RTGS$4 million for the refurbishment of the Binga airstrip to improve accessibility to the district and facilitate smooth tourism business. Despite lacking infrastructure, Binga is one of the rich districts in terms of natural resources with the potential to attract thousands of tourists. These include fishing activities, a beach, hot springs, cruise and boating, wildlife and others.