Rand Merchant Bank has established a New York based representative office, to facilitate greater U.S. business flows into African .
RMB CEO, Emrie Brown, said that foreign investors are increasingly turning to Africa, with its vast natural resources, extensive markets, young population, and excellent technological prospects. The African Continental Free Trade Area agreement will also ease access into the continent, stimulate intra-regional trade and boost growth.
Brown said that the bank would work with its -headquartered multinational corporations with African subsidiaries, non-governmental corporations, as well as US corporates with no African presence that intend to engage in business or establish themselves in Africa.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: