Rwanda: Bank of Kigali Seeks Strategic Investor

The allure of East Africa as an investment destination after the conclusion of elections in Kenya and Rwanda last year is expected to give the Bank of Kigali better prospects in its search for a strategic investor.

The bank, which is listed on the Rwanda Stock Exchange (RSE), plans to issue new shares to a strategic investor as it seeks to raise capital to finance the growing business as analysts say the stock is currently undervalued.

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