Markets

Rwandan Investors Collectively Raise $450m

December 29, 2014 at 5:34 pm

In 2006, President Paul Kagame counseled members of the private sector to pool scattered resources together and venture into sizeable investments and benefit the economy. The idea is mainly aimed…

Rwanda’s 15 bn bond registers high subscription

November 27, 2014 at 9:16 pm

Rwf 15 billion (21.8M) Treasury bond has registered a 187 % subscription level with 59 bids from different categories of investors. Rwanda issued the bond, to seek funds for infrastructure…

Rwanda announces giveaway price for its $21m bond

August 28, 2014 at 9:54 am

Rwanda’s coupon rate for the Rwf15 billion ($21.8m) bond has been set at upper 11’s. The central bank announced on Wednesday the rate is between 11.5…