Rwanda: Kagame Inaugurates New Rwf22 Billion Radiant Insurance Building

The nine-storey building that sits on 2,348 square meters, whose 80 percent of materials were sourced locally, will host the company's headquarters, World Bank and International Finance Corporation offices, commercial bank offices, and other institutions.Thanked for his contribution by allocating the plot of land which allowed the non-life insurance company to expand its activities in a bigger space, the Head of State said that it is the country's responsibility to support such projects.

The government and private sector stakeholders, he said, should meet at a central point in fulfilling the responsibilities that contribute to the development of the country, highlighting that it is always good when people use the provided support efficiently.There was a problem processing your submission. Please try again later.

Mark Rugenera, the Managing Director of Radiant Insurance, thanked the investors, clients, and staff who contributed to growth of the insurance company, rising from $1 billion in capital when it started in 2013 to the current $6.5 billion, with assets valued at Rwf10 billion.

Source: News Formal (newsformal.com)

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