On July 18 2025, the International Finance Corporation (IFC), part of the World Bank Group, listed on the Rwanda Stock Exchange an 8‑year Rwf 24 billion (~$17 m) bond, yielding 10.25 % coupon.
Named “Umuganda,” this eight-year bond is listed on the Rwanda Stock Exchange.
The proceeds will back private sector-led projects—especially digital infrastructure—and mark a key advancement for Rwanda’s local capital markets.
