Rwanda’s capital market recorded broad-based growth in FY2024/25, supported by stronger bond market activity, gains in equities, and rising participation in collective investment schemes.
Speaking on Royal FM, CMA’s Acting Chief Executive Officer Ngabonziza Karekezi said the performance reflects improving investor confidence and continued progress in expanding access to formal investment products, anchored in CMA’s focus on transparency, market integrity and investor protection.
Government bond issuances raised Frw246 billion, up 27%, with a 293% subscription rate, signalling strong demand for sovereign securities. CMA also approved three corporate bond issuances worth Frw46 billion, including Prime Energy’s green bond and BRD’s sustainability-linked bond, highlighting growing use of the market to finance business growth and sustainable development.
In the equities segment, Rwanda Stock Exchange market capitalisation rose 3.4% to Frw3.84 trillion, while the Rwanda Shares Index gained 14.4%. Collective investment schemes also posted strong growth, with assets under management increasing 12% to Frw71.4 billion and the number of unit holders rising 39%, indicating wider retail participation.
Ag. CEO Karekezi said investor education and public outreach remain central to strengthening financial literacy and supporting long-term capital market development.
FULL SHOW CAN BE ACCESSED HERE: https://www.youtube.com/watch?v=pe67-_cFTY4