Fitch recently revised Rwanda’s outlook to negative from stable amid concerns about rising public sector debt.
Africa
Latest articles from Rwanda

Credit risk tops Rwandan central bank’s priorities
February 22, 2021The National Bank of Rwanda wants timely and accurate provisioning by lenders to avoid a cliff edge.

John Rwangombwa: Delivering Rwanda's digital-driven economy, where everyone is a winner
January 2, 2019Rwandan central bank governor John Rwangombwa explains how the government's drive to achieve a cashless society will benefit all levels of society by expanding financial inclusivity, increasing tax revenues and boosting grassroots businesses.

CBG focuses on keeping Rwanda steady
August 1, 2014Rwanda’s macroeconomic performance over the past decade has been impressive, and the central bank governor says that developing the country’s bond markets is crucial to ensuring that remains the case.
Rwanda’s banking sector heats up
August 1, 2014Business is picking up for Rwanda’s banks following 2013’s slowdown. But competition is becoming more intense as foreign banks increasingly look to enter the fast-growing east African country.

The slow emergence of an east African market
May 1, 2014Regional integration, a painstakingly slow process across most of Africa, has started to gain momentum in east Africa, removing some obstacles for investors.

BNP Paribas leads investors deeper into Africa
June 3, 2013A sovereign bond issue by Rwanda took the capital markets into uncharted territory, but the syndicate team at BNP Paribas found investors keen to seize the opportunity to diversify their portfolios.
Are African investors getting ahead of themselves?
April 25, 2013Rwanda's move into the capital markets may not prove to be a wise decision.
Rwanda’s battle to keep aid flowing
January 2, 2013Rwanda’s government faces the prospect of aid being cut in the wake of allegations it supports militants across its border in the Democratic Republic of Congo. But finance minister John Rwangombwa is confident the country’s impressive economic progress in recent years will be sustained.

National Bank of Rwanda governor averts inflation hike
April 2, 2012Rwanda’s monetary authorities stood out from their east African peers in 2011 for managing to withstand the severe inflationary pressures buffeting the region. Claver Gatete, governor of the National Bank of Rwanda, explains how this was done and what the country's government is doing to lure more foreign direct investment.