KIGALI, July 14, 2026 – Rwanda has been ranked among Africa's top performers in the 2026 Institute of International Finance (IIF) Investor Relations and Debt Transparency Report, scoring 43.4 out of 50 and tying with South Africa for the highest score on the continent.

This marks Rwanda's debut appearance in the annual assessment, which has been published since 2005 and this year covered 57 emerging markets and developing economies. Rwanda was one of only four countries newly added to the 2026 report and was singled out by the IIF as an example of best practice.

The IIF, a global association of the financial services industry based in Washington, D.C., highlights a "transparency dividend" in its findings, where strong, credible, and consistent investor relations lower borrowing costs, improve market access, and build resilience during economic stress. The report also links stronger investor relations to more stable sovereign credit ratings over time.

Rwanda's sovereign investor relations programme was launched in 2025 and is housed within the Ministry of Finance and Economic Planning. This recognition signals to global investors that Rwanda communicates its fiscal and debt position clearly and reliably, a competitive advantage as international capital becomes more selective.

Background
The IIF Investor Relations and Debt Transparency Report assesses the quality of sovereign debt management and investor engagement practices across emerging markets and developing economies. The 2026 edition marks the 21st year of the assessment.