info@agaciro.rw+250 788 331 820Street No. KN 67, Kigali, Rwanda

About Us

Agaciro means dignity. The Fund carries a value Rwandans named for themselves, and invests to make it durable.

Where it began

A fund Rwandans asked for

The inception of Agaciro Development Fund dates back to 2011, during the ninth Umushyikirano (National Dialogue Council), chaired by His Excellency Paul Kagame, where Rwandans collectively proposed the establishment of a sovereign wealth fund to support national development.

Following this national consensus, the Fund was officially launched on 23 August 2012. The name “Agaciro”, meaning dignity, reflects a core moral value embraced by Rwandans and underscores the country's commitment to self-reliance and sustainable socio-economic development.

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Vision

To be a sovereign wealth fund sufficiently endowed to improve the level of financial autonomy of Rwanda as a nation.

Mission

To grow a sustainable and self-sufficient fund with a long-term horizon, investing on a commercial basis, to deliver financial returns to build up public savings and catalyze economic impact in Rwanda.

Mandate

Our mandate is to maximize the Fund's return over the long term, without undue risk, so as to reduce Rwanda's debt burden and secure a better Rwanda for future generations.

Leadership

Accountable for the Fund

Ulrich Kayinamura

Chief Executive Officer

Leads the Fund's mandate of preserving and growing national wealth through strategic, long-term investments.

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Mr. Scott T. Ford

Board Chairman

Co-founder and Chief Executive Officer of Westrock Group, the private investment firm he founded with his father in 2013.

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Nathaniel Nyika

Chief Investment Officer

Brings over 25 years of investment experience transacting across Sub-Saharan African markets.

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Dr. Thierry Mihigo Kalisa

Board Vice-Chairman

Chief Economist and Executive Director of the Monetary Policy and Research Directorate at the National Bank of Rwanda.

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Let's Connect

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