{"id":47126,"date":"2022-11-30T09:10:26","date_gmt":"2022-11-30T09:10:26","guid":{"rendered":"https:\/\/new.igihe.com\/john-rwangombwa-awarded-as-africa-s-central\/"},"modified":"2022-12-01T12:19:48","modified_gmt":"2022-12-01T12:19:48","slug":"john-rwangombwa-awarded-as-africa-s-central","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/john-rwangombwa-awarded-as-africa-s-central\/","title":{"rendered":"John Rwangombwa awarded as Africa\u2019s Central Bank Governor of the Year"},"content":{"rendered":"<p>The second annual summit took place from 28th to 29th November 2022 in Lom\u00e9, the capital of Togo.   <\/p>\n<p>It brought together leaders from the African financial industry, teachers, lecturers and economic experts for discussions to contribute to the continent\u2019s economic recovery through the development of a competitive, innovative, inclusive, and sustainable financial industry.<\/p>\n<p>The first ever AFIS Central Bank Governor Award recognizes the role of Governors in the development of the continent\u2019s economies.<\/p>\n<p>Governor Rwangombwa was also recognized in the areas of Monetary policy, discipline and proactive approaches in public debt management, bank consolidation and support for private equity.<\/p>\n<p>Rwangombwa was appointed Central Bank Governor in 2013.  Since then, Rwanda\u2019s economy grew at a commendable pace with an annual growth of over 7%.  <\/p>\n<p>During his tenure, Rwanda promoted cashless transactions. For instance, latest figures from BNR indicate that the number of funds transfers through mobile payment channels in the fiscal year 2021\/2022 increased by 58 percent from 196 million to 310 million transactions and the value increased by 41 from Rwf4,707 billion to Rwf6,616 billion.  <\/p>\n<p>Rwangombwa contributed to Rwanda\u2019s economy through different duties assumed previously where he worked in Rwanda Revenue Authority (RRA), Ministry of Finance and Economic Planning (MINECOFIN) which he led since 2009.  <\/p>\n<p>At the time, Rwanda was implementing the First Economic Development and Poverty Reduction Strategy (EDPRSI) aimed at eradicating poverty. EDPRSI saw Rwanda reducing poverty by 12% from 2006 to 2011.   <\/p>\n<p>In 2015, two years after assuming duties as Governor, BNR received an award as the Central Bank of the Year in the Sub-Saharan Africa Region.  <\/p>\n<p>AFIS is organized by Jeune Afrique Media Group and Africa CEO Forum.<\/p>\n<figure class=\"spip-document spip-document-45393 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/awardee.jpg\" alt=\"John Rwangombwa has been awarded as Africa\u2019s Central Bank Governor of the Year. \" \/><\/figure>\n<figure class=\"spip-document spip-document-45394 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/aw.jpg\" alt=\"Governor Rwangombwa was also recognized in the areas of Monetary policy, discipline and proactive approaches in public debt management, bank consolidation and support for private equity.\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{The Governor of National Bank of Rwanda (BNR), John Rwangombwa has been awarded as the Central Bank Governor of the Year at the Africa Financial Industry Summit (AFIS).}<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-47126","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/47126","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\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=47126"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/47126\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=47126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=47126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=47126"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=47126"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=47126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}