The Rwanda Social Security Board (RSSB) posted a profit of Rwf 413 billion in 2025, marking a 15.6 percent increase over 2024, the institution announced during a briefing with Parliament’s Committee on Social Affairs.
Officials said the growth was partly driven by strategic investments, including the Kigali Golf Course project, which increased the value of surrounding land.
RSSB also plans to expand its portfolio into hospitality and forestry-based projects, aiming to diversify income streams and boost long-term returns.
The board’s total investment portfolio reached Rwf 2,846 billion in the 2024/25 financial year, up 16.7 percent from the previous year, while returns on capital stood at Rwf 361.7 billion.
RSSB Director General Regis Rugemanshuro highlighted that the institution’s assets have more than doubled over the past five years, reaching nearly Rwf 3,000 billion by June 2025.
The number of health facilities partnering with RSSB has also grown significantly: those under the community-based Mutuelle de Santé scheme increased from 953 to 1,182, and facilities collaborating under the RAMA program rose from 810 to 1,152 over five years.
Rugemanshuro noted plans to scale up real estate investments, particularly commercial buildings, while acknowledging delays in project execution due to supervisory and capacity challenges.
Analysts say RSSB’s rising profits and growing investment portfolio reflect the institution’s strengthening financial position and its efforts to balance service delivery with strategic economic investments, reinforcing Rwanda’s broader social protection framework.
