On the occasion of the world's largest gathering of mining players, the Investing in African Mining Indaba Forum, Rawbank announced the raising of $200 million on the international market to support the mining sector's value chain. Rawbank has mobilized strongly 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 around 600,000 tonnes of copper and generate an additional 178 megawatts of clean hydroelectric power for the national grid, making it the 3rd largest copper complex in the world and the one with the lowest carbon emissions.

In 2023, Rawbank will continue to be the leading Congolese partner bank for the mining industry. The Congolese mining sector currently accounts for 47% of GDP, and contributes 43% of the national budget.
Rawbank has backed $1.2 billion in loans to local and international mining companies, from processing companies to copper and cobalt producers.

Fueled by rising commodity prices over the past 5 years, deposits from the bank's mining customers have increased more than fivefold.

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