The Rwanda Capital Markets Authority has granted an investment bank license to United Capital Financial Services Rwanda Ltd, allowing the firm to establish its East and Central African operations in Kigali. The authorization brings a pan-African investment banking group into Rwanda’s regulated capital markets sector and expands the range of licensed investment banking services available from the market. Under the license, United Capital Financial Services Rwanda Ltd can provide corporate finance and capital mobilization, project and infrastructure finance structuring, trade and supply chain finance solutions, structured finance and asset-backed instruments, trusteeship, capital markets advisory, and institutional capacity development. The authority framed the move as part of Rwanda’s strategy to deepen its capital markets and strengthen Kigali’s role as a regional financial hub for East and Central Africa.