Rwanda’s Bank of Kigali could soon have a new shareholder

PUBLISHED: Wed, 28 Jun 2017 15:48:19 GMT

On the side-lines of the Afreximbank conference in Kigali – Morocco and Rwanda expressed their cooperation. Rwanda’s Finance Minister Claver Gatete noted that Morocco’s Banque Centrale Populaire (BCP) is currently in final negotiations to acquire a stake in the country’s largest lender, Bank of Kigali. The Finance Minister also mentioned that negotiations were almost concluded between Rwanda’s Cogebanque and Moroccan Attijariwafa Bank.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.