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RMB opens Beijing office to boost China-Africa investment

# Rand Merchant Bank has expanded its Asia-Africa strategy by opening Rand Merchant Advisory in Beijing to strengthen ties with Chinese businesses investing across Africa. RMB says the new office will support cross-border trade, investment, foreign exchange and transactional banking as China-Africa trade exceeds 5.8-trillion-rand. The bank says the expansion builds on its Shanghai presence and will help drive infrastructure, renewable energy and sustainable finance opportunities across the continent through closer engagement with Chinese corporations.