Ecobank Rwanda has announced a significant development in its leadership landscape with the appointment of Mr. Richard Mugisha as the Chairman of the Board of Directors. This pivotal change comes as Mr. Ivan Twagirashema, who dutifully served as Chairman for the past 4 years, retired in August 2023. Mr. Twagirashema is hailed for his adept…
Equity Group has announced an increase in its lending rates, effective from July 10, following the Central Bank’s decision to raise its benchmark lending rate to commercial banks by 100 basis points to 10.5 percent on June 26.
Chipper Cash, an African cross-border fintech startup, has enabled Rwandans to send money directly to mobile money and bank accounts in over 21 countries in Africa and the United States. This significant development was announced during the Inclusive Fintech Forum in Kigali, where Chipper Cash revealed its customer base of over five million across Africa….
Equity Group Holdings has announced its intention to acquire Cogebanque PLC Ltd, a Rwandan bank, as part of its regional expansion strategy. The two banks have already signed a binding term sheet, and upon completion of the transaction, Equity will pay $48.1 million (Sh6.71 billion) for a 91.93% controlling equity stake.
