Development Bank of Rwanda investing in the energy sector
Access to reliable and affordable energy remains a considerable challenge in Rwanda. For Rwanda’s private sector to be competitive, the energy issue must be addressed as a crosscutting driver for economic growth. According to Dr. Livingstone Byamungu, the Chief Investment Officer at the Development Bank of Rwanda (BRD), “availability of sufficient energy is important for socio-economic growth and is at [...]
AFRACA conference kicks off with experts debating best practices for rural and agriculture financing
Efforts to extend more credit facilities to the rural agricultural sector have taken center stage of the African Rural and Agricultural Credit Association (AFRACA) conference organized together with the Development Bank of Rwanda (BRD) that kicked off at the Kigali Marriott Hotel on August 1, 2016. Alex Kanyankole, the Chief Executive Officer of BRD, in his keynote opening remarks noted [...]
“New strategic plan 2016-2020: an expanded and refocused mandate” – Kanyankole
Alex Kanyankole, Chief Executive Officer, BRD I am pleased to inform you all, our esteemed stakeholders, that we closed yet another financial year at the Development Bank of Rwanda (BRD) with positive results. Last year (2015) was an extremely exciting year at BRD that saw the conclusion of a restructuring process to align the bank’s operations and management to [...]
Chairman’s statement on behalf of the BRD Board of Directors
On behalf of the Board and Management of the Rwanda Development Bank (BRD), welcome and thank you for your contribution towards our journey so far. Esteemed stakeholders, 2015 was a challenging but exciting year BRD. The bank has repositioned and reorganized to appropriately align itself with Rwanda’s development agenda. The bank finalized the protracted process to sell off its commercial [...]