Franc, services growth, investment climate, and governance.
Rwanda
Rwanda accelerates SOE listings to deepen BK.RW, CTL.RW, MTNR.RW liquidity as GDP grows 7.8%, CPI eases to 7.3%, and policy rate holds at 6.75%. With market-cap/GDP at 21% and reserves at 5.2 months, Kigali targets regional capital-market scale.
Rwanda
Rwanda’s services now power 49% of GDP and 17% of exports, led by fintechs BOKG.RW and MTNR.RW. With GDP at USD 13.2 bn and inflation near 5%, Kigali targets ICT exports at 15% by 2027, betting policy discipline can turn stability into scale.
Markets
UK–Rwanda trade hit £57m in Q1 2025, up 58%. GDP grew 8.9% in 2024, FDI inflows reached USD 459m, yet Eurobond yields trade near 9%. With LSE firms (HSBA, VOD, LGEN) eyeing Kigali, the new British Chamber could decide if growth becomes true investability.
Markets
Rwanda’s first tungsten export to the U.S. marks a symbolic crack in China’s 60% supply dominance. With mining at ~30% of exports (RWF-MINING-EXP), Kigali’s move blends opportunity with risk in global critical-mineral geopolitics.