Various global institutions in the service sector held a two-day session in Rwanda, where they interacted with local financial firms about available opportunities in the financial services which have potential prosperity.
The event was organised by Rwanda Development Board (RDB), with the theme, ‘Diversifying financial services in Rwanda’, was held in Kigali last week.
More than twenty global financial service institutions from Europe, US and the rest of Africa attended the meeting, with an aim of forging partnerships with local players to grow help the sector.
Hubert Ruzibiza, the head of Services Development at RDB, said, “the meeting was organised with the aim of attracting different investors, fund managers and other key stakeholders in the financial services sector, to explore investment opportunities in Rwanda.”
“Our institutions are doing a great job in entrenching financial inclusion. However, we still face issues in financing big projects; We are, therefore, mobilising global institutions to come on board,” he said.
“While we have done a lot in promoting the financial sector, we also need to think on how to close the existing loopholes on what’s missing in the financial sector. We need to be thinking on ensuring sustainability, establishment of long term investments in the financial sector,” Ruzibiza elaborated.