Foreign buyers support Kigali in second-ever Rwandan IPO

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Foreign buyers support Kigali in second-ever Rwandan IPO

While most of the ECM world nervously surveyed turbulent global markets and considered the implications for new issuance, Rwanda’s biggest lender by assets Bank of Kigali completed its Rwf47.5bn ($62.92m) IPO almost three times covered this week.

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