Investing for Rwanda's future generations
Agaciro Development Fund is Rwanda's sovereign wealth fund dedicated to building national savings, strengthening economic resilience and promoting long-term prosperity.
How we invest
Five pages set out what we look for, how we decide, and how we measure impact and risk once we are invested.
What We Invest In
At a high level, Agaciro Development Fund seeks to invest in market leaders or defensible niche players that generate economic impact including via export orientation or import substitution, domestic value addition and employment creation.
Read moreOur Investment Approach
As Rwanda's long-term development focused sovereign wealth fund, Agaciro Development Fund seeks to execute commercially attractive investments that drive development in sectors aligned with the National Strategy for Transformation 2 (NST2).
Read moreDevelopmental Impact and ESG
Agaciro supports Rwanda's national development objectives and aligns its investment activities with the priorities of the National Strategy for Transformation 2 (NST2). Investments will seek to generate sustainable financial returns while contributing to sustainable livelihoods and Rwanda's long-term economic transformation.
Read moreInvestment Process
We have a rigorous top-down and bottom-up investment approach which follows a multi-stage screening and two-stage approval process that extends from the investment team to the board investment committee.
Read moreInvestment Risk Management
Investment risks relate to Agaciro's asset-by-asset view of risks, leveraged to evaluate whether individual investments are performing and whether risky positions are being adequately compensated for.
Read moreWhat defines the right opportunity
We are flexible on structure and sector, and firm on track record, scale and governance.
