Rwanda opens a securities exchange.
The Central Bank of Rwanda (CBR) has opened a securities exchange,
the Rwanda Capital Market, in the capital Kigali. Initially it will deal
in corporate and treasury bonds, but the CBR says it will include other
products such as equities in due course. The CBR issued treasury bonds
worth more than $36m to support the stock exchange's opening.
President Paul Kagame described the Rwanda Capital Market as a milestone
for the nation saying it was "an important achievement which will
provide the business community with a second option to financing that is
long term and which will inevitably add great value to our