Africa’s best investment bank for M&A 2026: Rand Merchant Bank

Rand Merchant Bank’s (RMB) M&A franchise is built on the belief that the best advisory relationships are measured over years rather than individual transactions. In a market where funding constraints, regulatory complexity and uneven investor sentiment continued to shape African dealmaking during 2025, that long-term approach enabled RMB to deepen client relationships, execute increasingly complex transactions and reinforce its position as one of the continent’s leading strategic advisers.

RMB’s philosophy underpins an integrated advisory model combining corporate finance, financing, capital markets, hedging and risk management to support clients through acquisitions, disposals, restructurings and capital optimisation.

“Our goal is always to add value,” says Rob Leon, co-CEO of sponsors and co-head of investment banking at RMB.

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