Rwanda: FinTech Strategy (2024-2029) was released

On 18 October 2024, Rwanda launched a five-year FinTech strategy (2024-2029) in collaboration with the National Bank of Rwanda (BNR), Rwanda Finance Limited (RFL), Capital Market Authority (CMA), and Access to Finance Rwanda (AFR). The strategy aims to establish Rwanda as a regional financial hub, targeting 300 FinTech companies, 7,500 new jobs, and USD 200 million in investments while working toward an 80% FinTech adoption rate and a top-30 global FinTech ranking by 2029.