Kigali International Financial Centre recorded more than Rwf600 billion in assets since its establishment, a figure the government said reflected growing investor activity and Rwanda’s push to expand Kigali’s role in regional finance.
Prime Minister Justin Nsengiyumva disclosed the figure while addressing Parliament, saying the assets were linked mainly to investors who had established businesses in Rwanda and introduced new investment vehicles.
“Since this institution was established six years ago, it has already mobilised assets worth more than Rwf600 billion,” Nsengiyumva said.
The financial centre was created to strengthen Rwanda’s ability to attract investment and provide a base for companies, funds and other financial businesses looking to operate from Kigali.
The Rwf600 billion figure gives a clearer picture of the amount of investment activity now associated with the centre, beyond its role in promoting Rwanda internationally as a financial destination.
Nsengiyumva said the government intended to build further on that progress by expanding the country’s capital market and creating more financing options for businesses.
“More companies will continue to be encouraged to register on the capital market, issue shares and bonds,” he said.
That effort is intended to give companies alternatives to traditional bank borrowing, while also opening more investment opportunities to individuals and institutions.
The Prime Minister told lawmakers that participation in Rwanda’s capital market had increased considerably in recent years. The number of investors rose from about 13,000 in 2017 to more than 117,000 in 2025.
The market also had 10 listed companies by 2025, including five Rwandan companies and five foreign firms.
The value of assets linked to the capital market had grown to nearly Rwf7 trillion by 2025, compared with around Rwf3 trillion in 2017.
Growth at the Kigali International Financial Centre has taken place alongside wider expansion in Rwanda’s financial industry.
Financial-sector assets reached about Rwf16 trillion in 2025, four times the level recorded in 2017. Their contribution relative to the size of the economy also increased, according to figures presented by the Prime Minister.
But Nsengiyumva said access to affordable financing remained a concern, particularly for small and medium-sized businesses.
He also pointed to low domestic savings and the need for a stronger capital market as areas that still required attention.
The government is therefore seeking to increase long-term savings through banks, pension schemes, insurance and investment products, while encouraging more of those funds to be channelled into businesses and other productive investments.
For KIFC, the next stage will involve attracting more companies and investment structures while strengthening Kigali’s position as a centre from which investors can access opportunities in Rwanda and elsewhere on the continent.
RADIOTV10