Agaciro Development Fund is Rwanda's sovereign wealth fund dedicated to building national savings, strengthening economic resilience and promoting long-term prosperity.
Five pages set out what we look for, how we decide, and how we measure impact and risk once we are invested.
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 the full pageAs 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 the full pageAgaciro 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 the full pageWe 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 the full pageAgaciro tracks risk investment by investment, checking that each position performs and that every risk taken is adequately compensated for.
Read the full pageWe are flexible on structure and sector, and firm on track record, scale and governance.
Proposals that meet the criteria above can be sent to the Fund through the contact form.
Contact the Fund