Rwanda’s economy remained on a strong growth trajectory in 2024, expanding 9.2 percent on average in the first three quarters, surpassing the projected 8.3 percent…
The KFJMarch 19, 2025
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Financial News
BANKING
Rwanda appointed Soraya Hakuziyaremye as the new governor of the National Bank of Rwanda, replacing John Rwangombwa, who held the position for 12 years. The…
The KFJFebruary 25, 2025
The Development Bank of Rwanda has secured accreditation from the Green Climate Fund (GCF), marking a pivotal moment for Rwanda’s financial sector. The decision, made…
The KFJFebruary 18, 2025
Innovation Unleashed: Transforming Rwanda’s Financial Landscape
Kigali continues to be recognized among the top 10 international financial centers likely to become more significant in the future. In the recent publication of the Global Financial Centres Index (GFCI 35), a renowned ranking that assesses the competitiveness and attractiveness of financial centers worldwide, Kigali now ranks 67th globally while maintaining its position as the second in sub-Saharan Africa.
MORE IN FINANCIAL NEWS
BK Group’s 2024 Profit Jumps 22% as Lending Growth, Cost Cuts Boost Earnings
BK Group Plc, Rwanda’s largest financial services provider, posted a 21.7 percent rise in full-year profit as strong loan book expansion and cost-cutting measures bolstered…
Rwanda to Host 8th Africa Congress of Accountants as Financial Sector Gains Momentum
Rwanda is set to host the 8th edition of the Africa Congress of Accountants (ACOA 2025), underscoring its growing influence as a regional financial hub.…
Development Bank of Rwanda Sees Profitability Surge as Development Financing Expands
The Development Bank of Rwanda reported a sharp increase in profitability for the year ending December 31, 2024, as the lender expanded its lending portfolio…
