Search

Rwanda’s first health sector bond fully subscribed, boosting capital markets

Musanze, Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Musanze, Rwanda. Photo by Dieuvain Musaghi @ Unsplash
  • Africa Medical Supply’s $3.5 million corporate bond oversubscribed
  • The five-year instrument, paying 13.5% annually, marks the first-ever health sector bond

 

KIGALI, RWANDA – Africa Medical Supply, one of Rwanda’s leading distributors of medical products, has successfully raised $3.5 million through a corporate bond that was fully subscribed, in a sign of rising investor appetite for healthcare.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »
People traveling in a canoe in Ganvie, Benin. Photo @ Unsplash
Can Benin sustain its economic miracle under new finance minister as IMF support ends?
Read More »

Recent Politics

Ambassador Berhanu Tsegaye, State Minister at the Ministry of Foreign Affairs of the Federal Democratic Republic of Ethiopia.
Opinion: Growth, peace and elections power Ethiopia’s next chapter
Read More »
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »

Latest Posts

Latest news insights