Unlocking Capital for Africa’s CRM
As the world requires more mining in the age of electrification
Capital has been simply decimated for the sector
How does the world untangle this Gordian-Knot?
Historic Context – Merchant Banking was the cornerstone of Mine definition and development
Eg Strategic Equities book at Merchant Bank would be at USD10bn (unlocking from geophysics stage)
This was complemented by Alternative Capital – the proverbial “raise USD100m in an afternoon in Mayfair-London”
Trading Houses and Mining companies had a keen interest the junior sector
This supported the Listed Junior Market
What has happened?
Merchant Banks no longer exist due to B IIII
Alternative Capital is focused on Quantitative Strategies v Special Situations in the 00s
Mining Companies focused on efficiencies
Trading Companies can only participate pre-production