The Rwanda Stock Exchange (RSE) hosted the Exchange Listing Forum 2026 under the theme “Capital Market Connect: Preparing Businesses for Success.”
The forum brought together entrepreneurs, investors, policymakers, and regulators to explore how Rwanda’s capital markets can drive business growth, innovation, and economic development.
The event highlighted how capital markets provide businesses, particularly SMEs, with opportunities beyond traditional banking.
Unlike banks, which act as intermediaries and often charge higher costs, capital markets offer “patient capital” from investors committed to long-term business success.
The CEO of the RSE, Celestine Rwabukumba, explained, “Capital markets are not just an alternative—they are a powerful tool for empowering businesses, unlocking investment, and driving economic transformation.”
Tony Kanjagwe, Permanent Secretary of the Ministry of Trade&Industry emphasized the broader economic impact:
“Listing on the Rwanda Stock Exchange is not only a way to raise capital, but also a means to improve transparency, strengthen governance, and increase visibility for companies seeking sustainable growth.”
He added that SMEs can leverage capital markets to fund expansion, create jobs, and drive innovation, reflecting Rwanda’s commitment to expanding financing opportunities.
A key initiative supporting this effort is the RSE’s Investment Clinic, which helps businesses become “investment-ready.”
Hensse Iyv, a capital market consultant, explained that many SMEs face barriers due to informal structures, incomplete financial records, or inadequate governance.
“Accessing capital markets is not just a transaction but a long-term process that connects businesses to sustainable funding and growth opportunities,” she said. 
The clinic helps companies improve governance, financial reporting, and internal management systems to meet investor requirements.
The forum also showcased growing investor confidence in Rwanda’s capital markets.
New investment opportunities are often oversubscribed, reflecting increasing awareness and trust.
By connecting well-prepared businesses with investors, Rwanda is mobilizing domestic savings for productive investment, reducing reliance on foreign capital, and fostering long-term growth.
The forum featured insights from industry leaders:
“This clinic helps young companies understand not just how to access funds, but how to use them wisely to sustain and grow their business. It teaches financial literacy, asset management, and practical strategies so that money isn’t wasted and impact is maximized.” Muhizi Deexon, iGitree CEO
“Every company is different, every sector is different, so the legal requirements depend on the specific company and their specific needs,” said Leatitia Teta Nzungize, associate with Trinity Lawyers, a leading commerical law company.
She added, “Our role is first to tell them what gaps they have, and second, to educate them. When young companies get a lot of money early on, they can be overwhelmed, so we help ensure they understand all of the legal requirements as they grow.”
The Exchange Listing Forum 2026 sent a clear message: no company is too small to benefit from capital markets.
Initiatives like the Investment Clinic are fostering a culture of transparency, accountability, and sustainable growth, ensuring businesses are equipped to attract investment and contribute meaningfully to national development.
