The Rwanda Capital Markets Authority used a Rwanda Country Summit session at AFSIC – Investing in Africa 2025 in London to highlight signs of deeper capital markets and stronger investor confidence, citing higher turnover and broader participation across asset classes. The discussion, co-hosted by the Rwanda Development Board and the Kigali International Financial Centre, also positioned Rwanda as a destination for international capital under regulatory reforms that have supported the domiciliation of investment funds and special-purpose vehicles. In 2025, corporate bonds raised RWF 46 billion, including green and sustainability-linked issuances. On the sovereign side, 14 Treasury-bond auctions and reopenings mobilised RWF 246 billion at an average subscription rate of 293%. Secondary market activity increased sharply, with equity turnover rising to RWF 63.5 billion from RWF 4.7 billion in 2024 and trading volumes reaching 425.2 million shares from 22.4 million; bond market turnover reached RWF 148.5 billion, a 167% year-on-year increase. Assets in collective investment schemes rose to RWF 71.4 billion, up 12% from 2024, with progress attributed to an improved regulatory landscape, tighter disclosure standards and investor education. The authority also pointed to upcoming Capital Market Issuer Townhall Roadshows 2025 to support prospective issuers to list on the exchange, issue bonds and comply with disclosure obligations.

Original source View in tracker