In remarks at the Rwanda Stock Exchange’s (RSE) 15th anniversary gala, the Rwanda Capital Markets Authority (CMA) positioned strong regulation as the key condition for a resilient and expanding stock exchange, linking market confidence and investor protection to the regulator’s legal and supervisory framework. The Acting Chief Executive Officer also set a goal of positioning the RSE among Africa’s top five stock exchanges. The next phase was framed around technology and digitalisation supported by a “world-class” regulatory and legal framework, alongside new products including real estate investment trusts (REITs), exchange-traded funds (ETFs), derivatives, diaspora bonds and a green finance window. The update also highlighted market scale indicators over the past 15 years including RWF 28.011 trillion in total value transacted (about 133% of GDP), RWF 6.6 trillion in market capitalisation (about 30% of GDP) and RWF 2.71 trillion raised for infrastructure and business expansion, with more than 270,000 active investors, 95% of whom are local.
Rwanda Capital Markets Authority 2026-02-23
Rwanda Capital Markets Authority outlines ambition to place the Rwanda Stock Exchange among Africa’s top five and expand products including REITs and ETFs
At the Rwanda Stock Exchange's 15th anniversary gala, the Rwanda Capital Markets Authority highlighted strong regulation as crucial for a resilient stock exchange, aiming to position the RSE among Africa's top five. The next phase focuses on technology, digitalisation, and new products like real estate investment trusts, exchange-traded funds, and diaspora bonds. Over 15 years, the market transacted RWF 28.011 trillion, with a market capitalisation of RWF 6.6 trillion and RWF 2.71 trillion raised for infrastructure and business expansion.