A contingent of Ugandan comedians, led by Comedy Store UG founder and CEO Alex Muhangi, arrived in Kigali on March 26, 2025. The group includes Pablo, Maulana & Reign, MC Mariachi, Madrat & Chiko and renowned Ugandan musician and Karole Kasita.
Maulana & Reign shared their excitement, saying, “It feels great to be here. Expect more fire, more fire! It’s going to catch fire today.” Alex Muhangi, a regular in Kigali, added, “I love this place. It’s calm, unlike Kampala. I always want to come back.”
Pablo, thrilled to return after the pandemic, remarked, “It’s refreshing, like coming back home. We are here to deliver laughter; which people need now more than ever.”
Rwanda’s top comedians, including Fally Merci, Pirate, Rusine, Joshua, Ambasador w’Abakonsomateri, Muhinde, Umushumba, Dudu, Kadudu, and MC Kandi & Musa, will also perform.
Karole Kasita promised a thrilling show, saying, “Expect a high-energy performance where everyone will have an amazing time.”
With excitement building, fans are urged to grab tickets priced at 10,000 RWF (general), 20,000 RWF (VIP), and 35,000 RWF (VVIP). Kigali is in for an unforgettable night of laughter and entertainment.
The transformation from its violent past to a beacon of economic growth, social cohesion, and political stability has captivated the attention of global observers.
Recently, a group of Harvard University students visited Rwanda to learn firsthand about the country’s evolution. Their reflections offer insights into Rwanda’s remarkable journey and the lessons it holds for other nations.
Jordan Thomas, a fourth-year student at Yale Law School and Harvard Business School, was part of the Harvard Africa Caucus, which held the trip. As a JD-MBA dual degree student, Thomas was eager to delve into Rwanda’s economic and governance structures.
“There’s a lot to learn from Rwanda. Studying the economic and institutional structures from a legal standpoint has been incredibly enriching. But more than that, it’s the experience of Kigali and Rwanda as a whole that has made this trip so rewarding,” he said.
Schola Chioma Eburuoh, a U.S. citizen with Nigerian roots, joined the trip almost by chance but she acknowledges that this has been one of the most exceptional movements of her life.
“I wanted to experience a new place, especially East Africa. I had only visited Nigeria, Ghana, and Morocco, so Rwanda was an exciting new addition to my travels. I’m very impressed by how welcoming the people are, and the openness of the government, it feels like everyone is invited to contribute,” she explained.
Monserrat Magana, a student from Mexico, was drawn to Rwanda for its ambitious post-genocide transformation. “I had heard a lot about the improvements Rwanda has made after the 1994 Genocide against the Tutsi. As someone who enjoys nature and adventure, visiting Rwanda also gave me the opportunity to see the gorillas and experience a safari, which I had always dreamed of,” she said
The beauty and community spirit of Rwanda stood out to many of the students. Magana shared, “There’s a sense of unity here. People help each other in the streets, and you can see a real sense of social interaction and togetherness.”
This theme of unity was echoed by Brandon Tran, a mid-career student in Public Administration from the U.S. He noted the strong social contract between the government and the people, which contributes to Rwanda’s development.
Tran was especially moved by his visit to the Kigali Genocide Memorial Centre. “The memorial walks you through Rwanda’s history in such a complex and personal way. It shows the pre-colonial and colonial periods, the events leading up to and during the genocide, and then the incredible regeneration post-1994. It’s not just about the tragedy of 1994, it’s about understanding what happened before and how Rwanda has rebuilt itself,” he said.
This careful and nuanced approach left a lasting impression on him. The students were equally struck by Rwanda’s bold vision for the future. The government’s focus on tourism and technology is shaping the country as a regional model for development.
Tran, for instance, was intrigued by Rwanda’s widely perceived ambition to become the ‘Singapore of Africa.’ “It’s clear that the government is proactive and focused on long-term goals. Kigali’s development is incredible, and the country’s efforts to attract foreign direct investment are impressive,” he observed.
Yuchen Ji, also known as Rain, a public policy student from Beijing, emphasized the importance of a unified vision in Rwanda’s success.
“One of my biggest takeaways was the country’s ability to invite different government agencies to align with a shared goal. For instance, in discussions with the Ministry of Justice, I learned how critical rule of law is for both societal development and attracting foreign investment,” she noted.
The Ministry of Education’s focus on developing human capital also resonated deeply with the students. As Rain explained, Rwanda’s efforts to equip its citizens with both knowledge and practical skills play a crucial role in its economic development.
“This holistic approach, addressing everything from the rule of law to education, sets the country on a strong path forward,” she explained.
Tunde Wey, a Nigerian fellow at the Graduate School of Design, also reflected on Rwanda’s design aesthetics, which resonated with his own cultural background. “The design sensibility here is familiar to me. There’s an elegance and functionality that speaks to a deep-rooted cultural understanding of space and community,” he revealed.
Throughout their trip, the Harvard students came to recognize Rwanda as a country that not only acknowledges its tragic past but actively works towards a brighter future. The nation’s resilience, unity, and proactive approach to governance have left a deep impression on each of them.
As they prepared to leave, the students reflected on Rwanda’s incredible transformation and the lessons that other nations might take from its journey.
“Rwanda is a shining example of how a country can rebuild, not just physically, but socially and politically. The resilience of the people here and the commitment to healing and progress are truly inspiring,” said Jordan.
Rwanda, once synonymous with tragedy, is now a symbol of hope and a testament to the power of unity and transformation. The students from Harvard left with a deeper understanding of the country’s journey and with a renewed belief in the potential for positive change anywhere in the world.
Speaking at the seminar, Thapelo Tsheole, Chief Executive Officer of the Capital Market Authority, stressed the country’s growing achievements in green finance.
“Rwanda’s commitment to green finance is evident through its Sustainable Finance Roadmap, which provides strategic direction for scaling up sustainable investments while ensuring the resilience of the financial system,” he said.
A significant milestone in Rwanda’s financial sector has been the introduction of Environmental, Social, and Governance (ESG) Reporting Guidelines for the Rwanda Stock Exchange (RSE).
“These guidelines align Rwanda’s financial markets with international sustainability standards, enhancing transparency, accountability, and responsible investing,” Tsheole noted. He added that the move has significantly boosted investor confidence and improved market efficiency through adherence to global best practices.
Among other notable developments is the launch of Green, Social, and Sustainability (GSS+) Bonds, structured in line with standards set by the International Capital Market Association (ICMA) and the Climate Bonds Initiative (CBI).
“The successful issuance of these bonds affirms Rwanda’s commitment to creating credible and attractive green investment opportunities, ensuring our financial markets remain globally competitive,” said Tsheole.
In addition to GSS+ Bonds, the Rwanda Development Bank (BRD) has issued two Sustainability-Linked Bonds, while Prime Energy Plc launched a Green Bond to finance environmentally sustainable projects.
“These issuances highlight our dedication to leveraging capital markets to support climate-resilient development while enhancing investor confidence,” Tsheole added.
Rwanda’s robust green finance agenda is designed to attract private sector investment into climate-related initiatives, deepen capital market development, and align national policies with international frameworks such as the Paris Agreement and the Sustainable Development Goals (SDGs).
These efforts also contribute to fostering responsible investing and strengthening the overall credibility of Rwanda’s financial sector. With progressive policies and ongoing innovation in green finance, Rwanda is well on its way to becoming a continental leader in sustainable financial development.
The two entities signed a Memorandum of Understanding (MoU) aimed at providing financial solutions that will enhance access to electric mobility while promoting climate-smart technologies.
The partnership aligns with Rwanda’s broader sustainability agenda, which prioritizes clean energy and environmental conservation. By supporting businesses and individuals in adopting electric mobility, the collaboration is expected to drive financial inclusion while significantly reducing carbon emissions in the transport sector.
Hannington Namara, CEO of Equity Bank Rwanda, emphasized that the bank is committed to fostering financial solutions that encourage sustainable development.
“We found SPIRO relevant to partner with because we do a lot of work with the community that we serve on this journey of sustainability, where adopting green technologies becomes very important. They are the suppliers of these products, and we’re interested in financing those products so that we can serve our end users, who are the communities,” he said.
Namara highlighted the key benefits of the partnership, which include green investment financing, financial inclusion for marginalized groups, climate risk insurance, and technical training programs. He also noted that customers will gain access to top-tier, effective electric mobility technologies that help reduce operational costs.
“The two of us tick the box of sustainability, going green, and protecting the environment. By deploying climate-smart technologies, we aim to provide our customers with state-of-the-art solutions in their mobility work,” he added.
“E-mobility saves at least $1 per kilometer. We believe in technology that allows them to do this cost-effectively, helping them save money while contributing to Rwanda’s sustainability journey. This aligns with our mission and vision.”
Namara further explained that SPIRO’s technology platform collects geographical data, allowing for insights into community needs and the impact of innovative solutions. This data-driven approach will help refine e-mobility services and optimize their benefits for end users.
Kaushik Burman, CEO of SPIRO, underscored the importance of strong partnerships in achieving sustainable mobility goals. “E-mobility transformation requires strong partnerships. We are excited to work with Equity Bank to scale electric mobility in Rwanda,” he stated.
“The government has been very progressive in terms of making policies that favor electric mobility adoption. This transformation journey cannot be done by one entity alone, it requires a coalition of partners, each bringing a unique strength to achieve the goal of deploying more e-bikes,” he added.
Burman also noted that SPIRO is making significant investments in Rwanda to enhance its e-mobility infrastructure.
“Spiro will continue investing heavily in Rwanda by bringing manufacturing capabilities for electric motorbike batteries, training staff, upskilling people, and creating the infrastructure, including automated swapping stations across the country,” he noted.
Since its launch in 2023, SPIRO has deployed approximately 2,000 electric vehicles and e-bikes in Rwanda. The company continues to raise awareness about the benefits of electric mobility and its role in reducing carbon footprints.
This partnership between Equity Bank and SPIRO is a major step toward making e-mobility more accessible and financially viable. By integrating financial solutions with sustainable transportation, the initiative will play a crucial role in Rwanda’s transition to a greener and more resilient economy.
The game, filled with thrilling moments, tactical battles, and missed opportunities, left Rwandan supporters with a mix of pride and frustration.
The match kicked off with a solid defensive display from Rwanda, led by the trio of Thierry Manzi, Fitina Omborenga, and Ange Mutsinzi. Despite early pressure from Lesotho’s Lemohang Lintsa, Amavubi’s backline remained composed and absorbed the initial attacking threats with confidence.
In the 6th minute, Rwanda showed their attacking intent through intricate passing between Jojea Kwizera and Innocent Nshuti. Their combination play momentarily unsettled the Lesotho defense, but the final touch lacked precision.
Kwizera, looking lively from the start, attempted his first shot in the 15th minute, only to be denied by a well-positioned goalkeeper. The ensuing counterattack by Lesotho resulted in the first corner kick of the game, but Mutsinzi was alert to clear the danger.
Hakim Sahabo tested the Lesotho goalkeeper again in the 21st minute with a powerful shot, forcing a corner for Rwanda.
By the half-hour mark, Rwanda had dominated possession and created several promising opportunities. Their hunger for a breakthrough was evident, but Lesotho’s defensive resilience proved to be a formidable barrier.
On the 32nd minute, Kwizera delivered a precise free kick, but Lesotho’s goalkeeper parried it away for another corner. Mutsinzi rose to meet the corner with a strong header, but the ball whisked just wide of the post, leaving Rwanda agonizingly close to an opener.
With four minutes remaining in the first half, Kevin Muhire showcased his skill by dribbling past two defenders, only to lose control of the ball at the crucial moment.
Muhire redeemed himself moments later, setting up Kwizera with a perfect through pass. Kwizera’s shot was, however, deflected into another corner by the alert Lesotho goalkeeper.
In the dying moments of the half, Kwizera found himself with another golden opportunity, but his shot went wide, summing up Rwanda’s luckless first half. Three minutes of added time were played before the referee blew for halftime with the score still goalless.
The second half began with renewed urgency from both sides. In the 58th minute, Kevin Muhire thought he had finally broken the deadlock when he slotted the ball into the net.
However, his celebration was cut short as the referee ruled the goal out for a foul by Mutsinzi, who had collided with the Lesotho goalkeeper in the buildup.
Lesotho made two substitutions shortly after, injecting fresh energy into their lineup. But in the 65th minute, Amavubi’s persistence paid off when Kwizera calmly slotted the ball into the back of the net, sending the Rwandan fans into wild celebrations. The goal was a deserved reward for Rwanda’s relentless attacking efforts.
Four minutes later, tempers flared when Lesotho’s Motlomelo Mkhwanazi was shown a yellow card for a reckless foul on Claude Niyomugabo. Amavubi’s coach, furious at what he deemed an overly lenient decision, protested strongly and was also shown a yellow card for his animated reaction.
As the game neared its conclusion, Rwanda’s defense stood firm, with the backline tirelessly repelling Lesotho’s attempts to equalize. York Rafael and Samuel Gueulette were introduced in place of Sahabo and Nshuti in the closing minutes as Rwanda looked to consolidate their lead.
However, heartbreak struck late on when Lesotho’s Neo Mokhachane capitalized on a rare defensive lapse to score an equalizer with just minutes remaining.
The stunned Amavubi side pushed forward in search of a winner, and in the 90th minute, Gilbert Mugisha squandered a glorious chance, missing a free header that could have sealed the victory.
The referee added four more minutes, but neither side could find the decisive goal. Finally, Antoine Max Depadoux Effaessouma blew the final whistle, confirming a frustrating draw for Rwanda.
Despite dominating much of the game, Amavubi will rue their missed chances, while Lesotho will be relieved to have salvaged a point. As Rwanda looks ahead, they will need to sharpen their finishing to turn their impressive play into decisive victories in future matches.
The World Health Organization (WHO) reports that respiratory infections cause between 290,000 and 650,000 deaths annually, with 99% of these occurring in children from low-income or developing countries.
One of the challenges often encountered is that many people still resist seeking medical attention for respiratory illnesses, opting instead to take over-the-counter medications or resort to herbal remedies.
Dr. Fentahun Alemu Tsegaw, a pediatrician specialist in treating respiratory diseases among children, based at Baho International Hospital explained that these conditions require careful attention and should be managed thoroughly due to their potential severe impact on a child’s health.
He said that respiratory diseases, particularly airway allergies, are common among children. There are two main types; Allergic Rhinitis (hay fever), which is caused by allergens in the air and results in constant sneezing, nasal congestion, and watery discharge from the nose, and Asthma, which affects the airways, causing them to swell and leading to symptoms such as severe coughing and difficulty breathing.
Fentahun noted that airway allergies are especially prevalent in children and can be spread through genetic factors or environmental triggers, such as polluted air, dust, and pollen.
“Respiratory diseases can be triggered by several factors, including air pollution from agricultural activities, vehicle exhaust, industrial emissions, and even smoking near children, all of which put them at greater risk,” he stated.
He advised against placing children in enclosed spaces with poor ventilation, like smoke-filled rooms, and ensure that windows are opened to allow fresh air to circulate.”
He further explained that if respiratory diseases are not properly managed, and medical attention is delayed when symptoms appear, the risks of complications increase. For instance, untreated asthma can lead to chronic chest pain and even be life-threatening.
Fentahun mentioned that there are six approved medications specifically for children over the age of two, which can be prescribed to treat respiratory conditions. Treatment must be adjusted according to the child’s condition and must be done under medical guidance.
He advised anyone suffering from respiratory conditions to promptly seek medical help, educate parents on how to care for children during illness, avoid exposure to smoke, unpleasant odors, and extreme temperatures, and follow prescribed medication and medical advice.
To further protect and treat children with respiratory diseases, Baho International Hospital launched a week dedicated to children’s health, focusing particularly on respiratory illnesses. This initiative began on March 24, 2025, and will run until April 5, 2025.
Baho International Hospital boasts international specialists in treating a variety of diseases and offers expert advice on maintaining your health.
Located in the city center, Greenland Plaza is situated in the Nyarugenge District, Muhima Sector.
Xiao Ben, the investor and owner of Homart Group, revealed that his company continues to invest in residential housing, noting that since his arrival in Rwanda in 2009, he has increasingly invested due to the country’s security, cleanliness, and good governance.
Over the past years, his company has invested more than $200million (close to Frw300billion) in various projects, including the construction of factories like Kigali Ceramics and Kigali Plastics, as well as residential buildings such as Phoenix Plaza, Rose Garden, and Elizabeth Golf apartment , all of which have already been sold.
In 2021, construction began on Greenland Plaza, a project that started during the COVID-19 pandemic. Despite the challenges, Xiao explained that they were determined to see it through as promised to their clients.
Greenland Plaza has two phases each with 84 units, in total 168 units out of 168 units, 130 were already sold out. The apartments include one, two and three-bedroom units.
The Greenland project has successfully completed Phase 1, which is currently operational. Construction for Phase 2 is underway, with plans for it to be functional in the near future. Additionally, Phase 3 is set to begin construction soon, marking the continued progress and expansion of the development.
Xiao confirmed that many investors, particularly from China, choose to invest in and purchase properties in Rwanda due to the country’s safety and rapid development. He said, “I have lived in over 27 African countries, but I chose to invest in Rwanda because it is a country with a promising future.”
Simon Lee, the CEO of Homart Group, thanked their partners and customers, stating that the trust they have from clients helps the company achieve its goals.
“The housing sector in Rwanda is growing every day, and we expect to see more developments. Our partners, coming from over 40 countries, show the confidence they have in Rwanda’s housing market,” he said.
He emphasized that investing in Rwanda is a unique opportunity that should not be missed, adding that purchasing an apartment at Greenland Plaza is an excellent choice, as the apartments are modern, well-equipped, and offer 24-hour security.
One of the buyers at Greenland Plaza, Philbert Bimenyimana, who won a car as a prize, expressed his happiness with the reward, highlighting that it showed how Homart Group values its customers and that their efforts are yielding positive results.
Marie Solange Muhirwa, the Director of Planning in Kigali, thanked Homart Group for its investment in various development projects that benefit the country, assuring them of continued collaboration in future endeavors.
Homart Group has become a prominent player in construction, with projects in ten African countries, including Tanzania, Kenya, Rwanda, Burundi, Uganda, Malawi, Ethiopia, Côte d’Ivoire, Mali, and the Democratic Republic of Congo (DRC).
For years, senior education and medical officers employed by the government have simultaneously managed private schools, clinics, pharmacies, and hospitals, often prioritizing their private enterprises over their official duties.
Many have been accused of neglecting government facilities while diverting resources, including medicines and equipment, to their private establishments.
Additionally, some medical officers have been found referring patients to their private facilities for services that should be freely available at government hospitals.
The National Development Plan (NDP) IV, which outlines the Government’s strategic direction for the next five years, highlights this issue of conflict of interest and public service neglect as a key area for reform.
According to the plan, the ban seeks to ensure that civil servants focus on their core responsibilities, thereby improving service delivery in public schools and hospitals.
Senior officials in the education sector, including head teachers and commissioners, have been running private nursery, primary, and secondary schools while simultaneously overseeing government institutions.
Similarly, medical professionals have been accused of setting up private health facilities, often under pseudo names or proxies, to bypass regulations.
These conflicts of interest have led to the deterioration of public services, as officials devote more time and resources to their personal businesses.
The new directive follows President Yoweri Museveni’s call for the Public Service Ministry to review civil service regulations and address the growing issue of moonlighting among public servants.
The Government aims to ensure equitable resource allocation and improve the quality of education and healthcare services.
“Conflict of interest is especially rampant in the health sector. Many senior health workers are rarely available at public hospitals and instead operate their own facilities.
Patients are often referred to these private establishments to purchase medicines, even when the same drugs are available in government stores. This is unfair and undermines public healthcare,” a government source explained.
Meanwhile, there is uncertainty over how the Government will handle civil servants who already own private schools and hospitals.
A senior official suggested that affected individuals might be required to either resign from public service and run their businesses or sell their private facilities to remain in government employment. Cabinet is expected to provide final guidance on this matter.
{{Challenges in education and health sectors}}
The Government acknowledges that despite efforts to improve public services, significant challenges remain. According to NDP IV, the cost of education and healthcare continues to rise due to inefficiencies, population growth, and weak policy implementation.
Currently, households contribute nearly 47% of education funding in Uganda. The healthcare sector also struggles with affordability, with out-of-pocket expenses still accounting for 29% of total health expenditure.
The country faces severe shortages in both sectors, with only 8,900 doctors serving a population of over 45 million, far below the World Health Organization’s recommended doctor-to-patient ratio. Similarly, the education sector is short by 78,000 teachers at the primary level and 20,000 at the secondary level.
By ensuring that civil servants dedicate themselves fully to their roles, the government hopes to improve the quality of public education and healthcare services and reduce reliance on costly private alternatives.
The policy does not extend to political leaders, but it marks a significant step towards accountability and efficiency in Uganda’s public sector. The implementation of this directive will be closely monitored, with Cabinet expected to issue further guidelines to ensure a smooth transition.
Nduhungirehe made these remarks on Sunday, March 24, 2025, during an interview with the national broadcaster, RBA, which discussed Rwanda’s foreign relations and diplomacy in current times.
Nduhungirehe explained that Rwanda made the decision to cut diplomatic ties with Belgium because of its continued efforts to push for international sanctions against Rwanda, accusing it of involvement in the security issues in Eastern Democratic Republic of Congo (DRC).
He said that Belgium lobbied across the world, including in the European Union, the World Bank, and the United Nations, urging sanctions against Rwanda.
“Belgium has a history in this region, and it’s not a good one. It lobbied globally within the European Union, the World Bank, and the United Nations to push for sanctions against Rwanda. Wherever they went, they asked for sanctions against Rwanda, seeking to have other countries join them in isolating Rwanda,” he said.
He pointed out that due to Belgium’s historical role and influence in the region, it has a branch dedicated to following regional issues, making it an influential source of information for other countries, which tend to treat its reports as reliable.
Belgium’s campaign for sanctions against Rwanda also used the conflict between Russia and Ukraine as an example to persuade other countries to impose similar measures on Rwanda.
“They said, if Europe imposed sanctions on Russia for invading Ukraine, they should do the same for Rwanda because it’s alleged to have invaded Congo. Belgium pushed for this, which is why we took the measures we did. And in all the countries in the world, Belgium is the last country that should be commenting on issues in this region,” Nduhungirehe added.
He reinforced the point that Belgium, with its history and involvement, was in no position to comment on regional matters.
“When you look at Belgium’s history and see it coming back to request sanctions against Rwanda, if it was in their power, they would even stop the air we breathe. It is disappointing to see the Belgians doing such things, and this began even before the Goma conflict,” he said.
He further explained that when Europe began funding Rwanda’s military operations in Mozambique, Belgium tried to intervene and block this support.
{{Belgium’s resistance to change}}
Nduhungirehe stated that these actions reflect Belgium’s hostility towards Rwanda, which eventually led to the decision to sever diplomatic relations with the country.
“The time came when we had to cut ties because we could no longer maintain relations with a country that clearly had a malicious agenda to push for sanctions against us internationally,” he said.
He noted that Rwanda had initially paused its cooperation with Belgium, hoping that the country would understand the need for a shift in its approach. However, it remained obstinate, even passing a resolution in its Parliament calling for global sanctions against Rwanda.
This included the suspension of cooperation agreements, including those with the European Union regarding mining and other sectors, leading to a further escalation in the breakdown of relations.
Despite Rwanda’s decision to sever ties, Nduhungirehe indicated that Belgium continued to display inappropriate behavior. He pointed to the Belgian Minister of Foreign Affairs publicly criticizing Rwanda’s president, accusing Rwanda of using historical narratives as a pretext for failing to uphold international laws regarding the sovereignty of other nations.
Nduhungirehe, however, countered this argument by pointing out that Rwanda’s sovereignty had been repeatedly violated by groups such as FDLR, the Congolese Army, RUD Urunana, and FLN over the years. These attacks had claimed lives, but Belgium had not taken any action or condemned these violations.
The virtual event convened key stakeholders to discuss strategies for building a dynamic, tech-driven financial ecosystem. Panellists stressed the importance of regulatory clarity, strategic collaboration, and the essential role of Rwanda’s sandbox framework in enabling innovation.
Leila Rwagasana, FinTech Lead at Rwanda Finance Ltd outlined the country’s ambition to position Rwanda as a global financial hub through the Kigali International Financial Centre (KIFC).
“Through the Kigali International Financial Centre, we are working to attract global investors and technology-driven financial services. Regulatory clarity and strategic partnerships are key to achieving this vision,” she said.
Jerome Ndayambaje, Digital Innovation Analyst at CMA Rwanda shared insights into the authority’s sandbox programme, highlighting its role in adaptive policy development.
“The CMA sandbox is designed to help firms navigate regulatory requirements while promoting responsible innovation. It enables us to refine policies in real time in response to emerging trends,” he explained.
From an industry perspective, Darius Mukiza, Head of Fund Management at BK Capital, reflected on his organization’s experience with the sandbox.
“Being part of the sandbox allowed us to explore new digital investment solutions within a structured environment. This initiative is crucial for market participants seeking to integrate FinTech into traditional financial services,” Mukiza noted.
Samuel Njuguna, CEO of Moneto Ventures, also praised the collaborative nature of the sandbox while testing their Tunzi App.
“The sandbox was instrumental in helping us refine our product while ensuring compliance with regulatory standards. This kind of collaboration between regulators and innovators is essential for FinTech growth,” he stated.
CMA’s Chief Executive Officer, Thapelo Tsheole reaffirmed the authority’s commitment to nurturing innovation within a secure and well-regulated financial environment.
“Our goal is to provide a framework that encourages innovation while safeguarding investor protection and maintaining market integrity,” he emphasized.
