Rand Merchant Bank Ghana

RMB arranged a US$23.5-m deal for Ghana Grid Company Limited.

Expanding its portfolio of power deals and its experience in utility finance in Africa, Rand Merchant Bank is proud to have acted as sole lead arranger and financier for Ghana Grid Company Limited’s US$23.5-million Smelter II Substation project. The deal, which was supported by the Export Credit Insurance Corporation of South Africa, will see the construction of a 161/34.kVsubstation to strengthen the transmission backbone of Ghana.