Rwanda’s SWF grows to US$ 284 Million
Posted on 06/12/2023
The Agaciro Development Fund in Rwanda has attained assets of US$ 284 million, which is significant in a country where the average wage is less that US$ 0.50 per day. Agaciro invests in local market in domestic fixed income government securities and term deposits with a fairly small percentage of its portfolio in equities. Per…