Rawbank, a financial services group owned by the Congolese Rawji family, has made its first equity investment in the Africa Finance Corporation (AFC).
This comes two years after the DRC Government made a similar investment in the multilateral institution.
Rawbank's investmentThe investment marks Rawbank's inaugural equity stake in a multilateral financial institution. Mustafa Rawji, CEO of Rawbank, highlighted the significance of this milestone, stating,
"It is an important step for us as our first equity investment in a multilateral financial institution, and we are confident that it will strengthen our bank's financial capabilities, enabling us to finance large-scale projects that can transform the DRC's economic landscape."
