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Kigali is Africa’s fastest rising international financial centre

Kigali is Africa’s fastest rising international financial centre

RWANDA’S deliberate move to carve a niche in sustainable finance is helping to grow Kigali as Africa’s next significant International Financial Centre. The capital city has climbed up 18 spots, the highest in Africa and third highest globally, in the 35th edition of the Global Financial Centers Index (GFCI) rankings, placing it third in Africa and 67th globally. “The greatest improvements were seen by Sao Paulo — up 21 places, Wellington up 15, and Reykjavik and Kigali up 14 places,” the publishers of the index reported. Kigali has also been identified as one of two African centres, alongside Casablanca, likely…
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