The RMB Africa Focus series, brought to you by RMB, a leading African corporate and investment bank, returns for a second season that aims to showcase investment opportunities and growth areas on the African continent.
According to Stats SA, Africa is projected to have a population of approximately 2.4 billion by 2050, with over 75% of its population being under the age of 35. This youth dividend positions Africa as a significant market for investment and economic growth. While ageing populations pose challenges in other regions globally, Africa's youthful demographic offers an opportunity for sustainable development and innovation.
Manufacturing has also emerged as a promising investment avenue. Ardagh Glass, a market leader in glass production in South Africa - serving a broad range of leading international, regional and domestic customers, mainly in the beer, wine, spirits, food and non-alcoholic beverage sectors - recently completed the refinancing, upsizing, and syndication of its senior debt facilities, to the tune of R9.2 billion, with RMB acting as the coordinator and Mandated Lead Arranger on the deal.