At the world’s largest gathering of mining stakeholders, the Investing in African Mining Indaba, Rawbank announced the raising of $200 million on the international market to support the mining sector’s value chain.
Rawbank mobilized extensively to launch an unprecedented syndication operation in the DRC, in collaboration with two partner banks. 
The objective was to support Phase 3 of the Kamoa-Kakula copper complex, which will produce approximately 600,000 tons of copper and generate an additional 178 megawatts of clean hydroelectric power for the national grid, making it the third-largest copper complex in the world and the one with the lowest carbon emissions.
In 2023, Rawbank will remain the leading Congolese bank partner of the mining industry. The Congolese mining sector currently represents 47% of GDP and contributes 43% of the national budget. Rawbank has provided $1.2 billion in loans to local and international mining companies, ranging from processing companies to copper and cobalt producers.
Fueled by rising commodity prices over the past five years, the bank’s mining client deposits have increased more than fivefold.
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