Rwanda’s first health bond targeting $3.5 million sparks investor buzz

• Kigali-based Africa Medical Supplier Plc to issue Rwanda’s first health sector corporate bond, targeting $3.5 million
• Proceeds to refinance foreign-denominated debt and expand operations in DRC and Guinea

KIGALI, RWANDA – Africa Medical Supplier Plc (AMS), a Kigali-based medical supply firm, will issue its first corporate bond on the Rwanda Stock Exchange on Aug. 22, targeting Rwf 5 billion ($3.5 million).