Rwanda: KIFC Poised to Become Leading Financial Centre in Africa

View of Kigali Business Centre, Rwanda

Kigali, Rwanda//-The Kigali International Financial Centre (KIFC) is poised to become one of the leading international financial centres on the continent.

To this end, it has developed a comprehensive legal and regulatory framework, robust infrastructure, and a skilled and dynamic workforce that will help investors develop their interests across Africa. Rwanda Finance is the agency mandated to promote the Centre.

Nick Barigye, CEO of Rwanda Finance, noted: “our brand launch today brings bold ambitions to life and signals an important step in the journey of Kigali International Financial Centre.

We want KIFC to be a new destination for pan-African investment. We want to be the jurisdiction of choice for consolidating capital efficiently and deploying it effectively across the continent.

We want to connect international investors with opportunities across Africa, we want to connect African entrepreneurs with global capital, we want to connect the people of Rwanda with the world”.

A brand is a promise, and this launch marks a pivotal moment in KIFC’s journey. The new brand intends to represent KIFC to the world, highlighting its authentic identity and strengthening its image regionally and internationally.

It reflects the values of the people of Rwanda: a culture of integrity and innovation, an economy that drives development and inclusion, and infrastructure that unleashes creativity. It also underpins KIFC’s mission to connect investors and entrepreneurs with opportunities across Africa and beyond. 

KIFC has already attracted a number of high profile companies, investors and service providers and is already a member of the World Alliance of International Financial Centres (WAIFC), as well as an Associate Centre in the Global Financial Centres Index (GFCI).

KIFC has also welcomed a new Board of Directors with extensive global expertise in both the public and private spheres, including the recently appointed Chair, Tidjane Thiam, Executive Chairman of Freedom Acquisition I Corp and African Union Special Envoy for Covid 19.

The new brand reflects the vision of KIFC which is to build a bright future for Rwanda and for Africa, by creating jobs, education and professional opportunities for the Rwandan people and by transforming the investment landscape across the continent.

Instructively, Kigali International Financial Centre facilitates international investments and cross border transactions in Africa. KIFC seeks to position Rwanda as a preferred financial jurisdiction for investments into Africa and creating alternatives for mobilising capital thus reducing over-reliance on traditional avenues.

It will facilitate pan-African investment by providing an attractive destination for international investors with a legal and regulatory framework fully compliant with international best practices.

African Eye Report

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