Justin Nsengiyumva, the Prime Minister of Rwanda, has highlighted the country’s significant progress in the use of financial technology, noting that digital service delivery has become a key driver of economic growth.
He made the remarks while officially opening the third edition of the Inclusive Fintech Forum in Kigali, taking place from March 10–12, 2026.
The Prime Minister said Rwanda has, over the past two years, intensified efforts to digitalize many services across sectors.
He noted that the country has achieved near-universal access to 4G internet connectivity nationwide.
Nsengiyumva added that these advancements have been complemented by the digitization of government services through Irembo platform, which has enabled citizens to access public services quickly and transparently without the need to physically visit government offices.
He also pointed out that digital payments are increasingly becoming common in business transactions, expanding access to financial services and bringing more people into the formal economy.
“Today, 92 percent of adults in Rwanda have access to financial services, demonstrating the continued growth of the fintech sector in the country,” he said.
The Prime Minister explained that technology is transforming lives in practical ways. For example, a farmer in a rural area can now receive payments instantly for goods sold, while young entrepreneurs can access small loans through mobile phones.
Likewise, small traders are now able to connect their businesses to international markets from virtually anywhere.
Dr. Nsengiyumva stressed that although significant progress has been made, more work remains to build a fully inclusive financial system.
He emphasized that financial technology should not only focus on innovation but must also promote equality, trust, and shared economic benefits.
The Prime Minister further noted the need to continue creating an enabling environment for investors and technology innovators, particularly as Africa still faces challenges such as limited access to investment, barriers to cross-border payments, and other financial constraints.
However, he said African innovators continue to demonstrate that the continent can produce solutions capable of addressing regional challenges and transforming global financial systems. These include mobile-based payment platforms and emerging digital identity systems.
Nsengiyumva also commended the cooperation between Rwanda and Singapore in organizing the forum through collaboration with the Kigali International Financial Centre and the Global Finance and Technology Network, which was established by the Monetary Authority of Singapore and the National Bank of Rwanda.
He noted that the forum comes at a critical time for both Africa and the global community, as financial systems and economic activities continue to undergo significant transformation driven by technology.
