{"id":2000104505,"date":"2026-03-06T20:15:29","date_gmt":"2026-03-06T18:15:29","guid":{"rendered":"https:\/\/new.igihe.com\/?p=2000104505"},"modified":"2026-03-08T18:08:29","modified_gmt":"2026-03-08T16:08:29","slug":"kenyas-cpf-group-launches-rwanda-office-with-20-million-investment","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/kenyas-cpf-group-launches-rwanda-office-with-20-million-investment\/","title":{"rendered":"Kenya\u2019s CPF Group launches Rwanda office with $20 million investment"},"content":{"rendered":"\n

The office, located at the Zein Building in Nyarutarama, Kigali, will host the group\u2019s subsidiaries CPF Capital & Advisory, Rukisha Solutions, and CPF Financial Services, positioning the institution as a partner in capital markets development, structured finance, and technology-driven financial services in Rwanda.<\/p>\n\n\n\n

Speaking during the launch on Friday, Hosea Kili, Group Managing Director and CEO of CPF Group, said Rwanda\u2019s stable regulatory environment and rapidly developing digital economy made it an attractive destination for the company\u2019s regional growth strategy.<\/p>\n\n\n\n

\u201cOur presence in Rwanda reflects the deliberate regional growth strategy. Rwanda has built one of Africa\u2019s most stable and forward-looking financial ecosystems. We are here to mobilize capital responsibly, structure transformative transactions, and support institutions with governance-led, execution-focused advisory solutions aligned to national development priorities,\u201d Kili said.<\/p>\n\n\n\n

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Hosea Kili, Group Managing Director and CEO of CPF Group, said Rwanda\u2019s stable regulatory environment and rapidly developing digital economy made it an attractive destination for the company\u2019s regional growth strategy.<\/figcaption><\/figure>\n\n\n\n

He revealed that the group plans to begin operations with a $20 million investment, with additional capital expected as the company identifies further opportunities in the market.<\/p>\n\n\n\n

Founded in Kenya in the 1920s as a pension fund administrator, CPF Group has grown into a diversified regional financial services institution providing pension administration, wealth management, capital advisory and structured finance services. The company currently administers pension funds with a combined value of over Ksh 318 billion (approximately Rwf 3.6 trillion) serving more than 500,000 members.<\/p>\n\n\n\n

According to Maurice Nduranu, Group Chairperson, CPF Group, Rwanda was chosen as one of the first destinations for the group\u2019s international expansion due to its strong investment climate and supportive regulatory environment.<\/p>\n\n\n\n

\u201cWe are excited about the ease of doing business in Rwanda and the responsiveness of both government and the private sector. For us, this is an excellent first stop outside Kenya as we expand across the region with ultimately Pan-African ambitions,\u201d Nduranu said.<\/p>\n\n\n\n

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Maurice Nduranu, Group Chairperson, CPF Group, Rwanda was chosen as one of the first destinations for the group\u2019s international expansion due to its strong investment climate and supportive regulatory environment.<\/figcaption><\/figure>\n\n\n\n

He added that establishing a physical presence in Rwanda would allow the firm to build partnerships locally rather than operating remotely from Kenya.<\/p>\n\n\n\n

\u201cWe believe capital is borderless, and African businesses must increasingly operate across borders. Being here allows us to collaborate with institutions on the ground and contribute to regional economic growth,\u201d he noted.<\/p>\n\n\n\n

The Rwanda office will focus on capital markets advisory, infrastructure financing, alternative investment structuring, and cross-border capital mobilization. Through its fintech subsidiary Rukisha Solutions, the company also plans to introduce digital micro-lending and payments services aimed at expanding financial inclusion.<\/p>\n\n\n\n

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The office, located at the Zein Building in Nyarutarama, Kigali, will host the group\u2019s subsidiaries CPF Capital & Advisory, Rukisha Solutions, and CPF Financial Services.<\/figcaption><\/figure>\n\n\n\n

Kili said Rwanda\u2019s growing Rwanda Stock Exchange presents opportunities for new investment products, noting that the group intends to support listings and capital market transactions in the country.<\/p>\n\n\n\n

\u201cWe have strong experience in transaction advisory and investment banking across the region. Through our investment banking license, we expect to bring new products that can be listed on the stock exchange and deepen Rwanda\u2019s capital markets,\u201d he said.<\/p>\n\n\n\n

Speaking at the launch, Rwanda’s Minister of Finance and Economic Planning, Yusuf Murangwa, said the entry of institutions like CPF Group reflects growing confidence in Rwanda\u2019s economic direction and policy framework.<\/p>\n\n\n\n

\u201cThis milestone reflects the continued confidence that regional and international institutions have in Rwanda\u2019s economic direction, the strength of our policy framework, and the consistency with which we are implementing our national development agenda,\u201d Murangwa said.<\/p>\n\n\n\n

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Rwanda’s Minister of Finance and Economic Planning, Yusuf Murangwa, said the entry of institutions like CPF Group reflects growing confidence in Rwanda\u2019s economic direction and policy framework.<\/figcaption><\/figure>\n\n\n\n

He emphasized that strengthening financial markets and expanding financial inclusion remain key priorities for the government.<\/p>\n\n\n\n

\u201cMobilizing long-term capital is essential for financing infrastructure, supporting private sector growth, and delivering our national strategy for transformation. Institutions such as CPF Capital play an important role in bringing structuring expertise and access to new sources of capital,\u201d he said.<\/p>\n\n\n\n

Murangwa added that Rwanda is continuing to invest in institutions, regulatory frameworks and financial infrastructure to position the country as a regional financial and investment hub.<\/p>\n\n\n\n

On her part, Janet Mwawasi, Kenya\u2019s High Commissioner to Rwanda, highlighted the broader economic and diplomatic significance of the launch between the two countries.<\/p>\n\n\n\n

\u201cThe establishment of CPF Group in Rwanda represents the strengthening of economic ties between Kenya and Rwanda and demonstrates the confidence Kenyan institutions have in Rwanda\u2019s regulatory environment and growth trajectory. This investment reflects the shared ambition of our nations to deepen capital markets integration and accelerate sustainable regional development.\u201d<\/p>\n\n\n\n

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Janet Mwawasi, Kenya\u2019s High Commissioner to Rwanda, said the establishment of CPF Group in Rwanda demonstrates the confidence Kenyan institutions have in Rwanda\u2019s regulatory environment and growth trajectory. <\/figcaption><\/figure>\n\n\n\n

The expansion into Rwanda marks a key milestone in CPF Group\u2019s broader regional strategy, as the nearly century-old institution seeks to deepen its presence across East Africa while pursuing longer-term Pan-African ambitions.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
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Pierre-C\u00e9lestin Rwabukumba, the Chief Executive Officer (CEO) of the Rwanda Stock Exchange (RSE), attended the event.<\/figcaption><\/figure>\n\n\n\n
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Hortense Mudenge, the CEO of the Kigali International Financial Centre (KIFC), also graced the launch.<\/figcaption><\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
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Various stakeholders attended the launch.<\/figcaption><\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
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Attendees were treated to entertainment by a traditional Rwandan troupe.<\/figcaption><\/figure>\n\n\n\n
\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Kenyan financial services conglomerate CPF Group on Friday launched its Rwanda office with an initial investment of $20 million (approximately Rwf 29 billion), marking a significant step in the firm\u2019s regional expansion and strengthening cross-border financial integration in East Africa.<\/p>\n","protected":false},"author":131,"featured_media":2000104530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[151,72],"byline":[192],"hashtag":[],"class_list":["post-2000104505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-62","tag-editors-choice","tag-featured-news-home","byline-wycliffe-nyamasege"],"bylines":[{"id":192,"name":"Wycliffe Nyamasege","slug":"wycliffe-nyamasege","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":131}],"contributors":[{"id":192,"name":"Wycliffe Nyamasege","slug":"wycliffe-nyamasege","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":131}],"featured_image":{"id":2000104530,"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":600,"height":400,"sizes":{"thumbnail":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","width":150,"height":100},"medium":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","width":300,"height":200},"medium_large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","width":600,"height":400},"large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","width":600,"height":400},"full":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/03\/MixCollage-06-Mar-2026-08-24-PM-8779.jpg","width":600,"height":400}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000104505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=2000104505"}],"version-history":[{"count":1,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000104505\/revisions"}],"predecessor-version":[{"id":2000104529,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000104505\/revisions\/2000104529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000104530"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=2000104505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=2000104505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=2000104505"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=2000104505"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=2000104505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}