Washington, D.C., October 16th, 2019 – The Development Bank of Rwanda became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to invest, grow [...]
BRD wishes to inform its esteemed Clients and general Public, that the story published by the The East African is factually incorrect and calls on readers to consider it as false, inaccurate and misleading. No such decision has been taken by the Management of BRD. We have formally contacted the The East African Editorial Management [...]
Appointment takes immediate effect. Kigali, December 7, 2017 – The Development Bank of Rwanda (BRD) announces that the Board of Directors has appointed Mr. Eric RUTABANA as the new Chief Executive Officer (CEO) replacing Mr. Alex KANYANKOLE who has served the bank since July 2013. While announcing the new appointment, the Chairman of BRD Board [...]
Forest and Landscape Investment Forum (FLIF) Unleashing Business Opportunities for Sustainable Landscapes Kigali, Rwanda, 16 - 17 May 2017 Targeting project developers and business champions from East Africa and investors from all over the world, FAO’s Forest and Landscape Restoration Mechanism (FLRM) and partners will convene the inaugural Forest and Landscape Investment Forum (FLIF) in [...]
The Development Bank of Rwanda (BRD) on Friday signed a memorandum of understanding with the Private Sector Driven Agriculture Growth project (PSDAG) of the United States Agency for International Development (USAID), to increase agriculture financing. Through the agreement, BRD has reserved about Rwf 140 billion for loans to finance agricultural mechanization, modernization, and processing technologies. [...]
Officials from the ministry of Infrastructure (MININFRA) have announced that the renewable energy fund project is nearing completion and will enable the Rwandan government achieve its goal of universal access to energy. The programme of scaling up rural electrification is implemented by the Rwanda Development Bank (BRD). Robert Nyamvumba, the director of the Energy Division [...]
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 [...]
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 [...]
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 [...]
