Browsing: Kigali Financial Capital

Rwanda sets focus in making Kigali financial capital of Africa

Rwanda is moving to cement its position as the financial capital of Africa by drawing in different investments and partnerships.  Such partnerships include developing Kigali as a financial hub through the Kigali International Finance Centre, a hub supported by government-owned Rwanda Finance.

CDC Group, the UK’s development finance institution and impact investor, in June signed a partnership agreement with Rwanda Finance to support the development of a new international financial capital for Africa.

The Kigali International Financial Center (KIFC) is intended to be a world-class financial hub, designed to promote inward investment and the creation of thousands of highly skilled financial sector jobs for the benefit of Rwanda and the African continent.

This partnership will see CDC provide the expertise that will help shape a strong legal and regulatory framework that is designed to attract institutional investors seeking to finance African businesses through a world-class financial center.

Rwanda Finance was …