The Rwanda Capital Markets Authority published a case study on Mahwi Grain Millers Plc’s use of Rwanda’s capital market to finance expansion, reporting that the company raised FRW 3.3 billion by issuing the first tranche under a FRW 5 billion note programme approved by the authority. The release describes Mahwi Grain Millers as a grain processor established in 2018 and based in the Bugesera Special Economic Zone, with current production of 150 tonnes of refined maize flour per day and processing capacity of 250 tonnes per day. It notes that the note programme approval followed the company meeting requirements including corporate governance, availability of financial records, company registration, and provision of a prospectus to support informed investment decisions. The Rwanda Stock Exchange linked the transaction to its “Capital Market Investment Clinic” for SMEs, and Mahwi’s management said the proceeds supported operational expansion, product diversification and entry into export markets, while the authority’s chief executive referenced capital markets’ role in supporting the Second National Strategy for Transformation (NST2) and SME funding.
Rwanda Capital Markets Authority 2025-01-31
Rwanda Capital Markets Authority highlights Mahwi Grain Millers raising FRW 3.3 billion through a first-tranche note issuance
The Rwanda Capital Markets Authority published a case study on Mahwi Grain Millers Plc, highlighting its successful capital market financing for expansion. Mahwi raised FRW 3.3 billion through a note programme, supporting operational growth and export market entry. The initiative aligns with the Second National Strategy for Transformation and SME funding goals.