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Rwanda’s Development Bank launches $17.7m sustainability-linked bond to deepen green finance

The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay

Alex Ngarambe

Alex Ngarambe is a journalist covering Rwanda’s business, markets, and economic developments.
  • Rwanda launches $17.7m sustainability-linked bond
  • BRD targets green finance, housing and women-led businesses

 

KIGALI, RWANDA – Rwanda’s Development Bank (BRD Plc) has launched its third Sustainability-Linked Bond (SLB), seeking to raise $17.7m to finance environmentally and socially impactful projects while strengthening the country’s growing capital markets.

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