At the listing of Africa Medical Supplier’s corporate bond on the Rwanda Stock Exchange, the Rwanda Capital Markets Authority Chief Executive Officer Thapelo Tsheole highlighted the role of the capital market in supporting business growth and the wider economy, encouraging companies to raise funding through the market to strengthen visibility and investor trust. The Africa Medical Supplier bond is valued at FRW 5 billion, has a five-year term and carries a 13.25% coupon rate. The listing was framed as part of expanding Rwanda’s capital market and long-term funding options for local businesses, while Africa Medical Supplier Chief Executive Officer Fabrice Shema Ngoga noted that proceeds will be used to expand the company’s reach in providing medical supplies and services across Rwanda and beyond.
Rwanda Capital Markets Authority 2025-08-27
Rwanda Capital Markets Authority CEO urges companies to use capital markets as Africa Medical Supplier lists FRW 5 billion bond
At the listing of Africa Medical Supplier’s FRW 5 billion corporate bond on the Rwanda Stock Exchange, the Rwanda Capital Markets Authority CEO emphasized the capital market's role in business growth and economic support. The bond, with a five-year term and 13.25% coupon rate, aims to enhance Rwanda’s capital market and funding options. Proceeds will help Africa Medical Supplier expand its medical supplies and services.