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Overview

Rand Merchant Bank's Portfolio in Africa

Rand Merchant Bank has made over 3 notable investments in African startups. Their most recent investment was in KOKO Networks, announced on January 10th, 2024.
Rand Merchant Bank's Latest news
How Rand Merchant Bank Supported MTN’s N115bn Corporate Bond Issuance - THISDAY Newspapers

Rand Merchant Bank wins M&A deal awards - Punch Newspapers

Rand Merchant Bank Nigeria Wins Awards - THISDAY Newspapers

Rand Merchant Bank Pledges to Partner Nigeria on Trade Facilitation - THISDAY Newspapers

Rand Merchant Bank's Investment activity in Africa

With over $14M invested in African startups, their latest investment was a Debt Financing round in KOKO Networks, announced on January 10th, 2024, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
inQuba
South AfricaNov 30, 2020Undisclosed
Debt Financing
Paymenow Group
South AfricaApr 03, 2023$ 14,000,000
Debt Financing
KOKO Networks
KenyaJan 10, 2024Undisclosed
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Rand Merchant Bank's Investment Distribution in Africa.

Rand Merchant Bank's currently has Startuup investments spread across the following location(s)

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