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Rwanda’s Financial Surge and Smart Lending | Rwanda News
Rwanda’s financial sector is exploding, with assets hitting 17.5 trillion Rwandan francs and fueling a 10% economic surge in Q1. Agricultural lending soared 177% to 57 billion francs, while construction remains the top loan recipient at 23%. Trade, households, and manufacturing also saw credit growth. The central bank balances rapid expansion with inflation control and global risks, urging banks to prioritize low-risk lending. Corporate governance reforms are improving finance access, and Rwanda has added gold to reserves. Mining, once underfunded, is gaining traction despite banking caution…
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