CPF Group, a Kenyan financial and investment company, has officially launched its operations in Rwanda, pledging investments of over $30 million to support long-term projects aimed at boosting the country’s economy and improving citizens’ livelihoods.
Founded in Kenya in 1992, CPF Group operates across financial services, insurance, infrastructure investment, and advisory services. In Rwanda, the company will operate through its local partner, Rukisha Solutions.
CPF Group also runs a dedicated division, CPF Capital & Advisory, which assists large corporations and government institutions in raising capital through financial markets, while providing investment and financial advisory services to ensure projects are well-prepared and sustainable.
Speaking at the inauguration on Friday, March 6, 2026, CPF Group CEO Dr. Hosea Kili said Rwanda was chosen as the first country for the company’s African expansion due to its investment potential.
“We have analyzed opportunities in Rwanda and found that we can make a significant contribution. We will work closely with the Rwandan government to find financial solutions that support infrastructure and economic growth,” Dr. Kili said.
He confirmed that CPF Group’s initial investment in Rwanda ranges between $20 million and $30 million.
Dr. Maurice Ndurugu, Chairperson of CPF Group’s Board, highlighted Rwanda’s strong governance and stable economic environment as key factors behind the decision to invest.
“Rwanda is the heart of Africa, with clear development vision and investment security. That is why we chose to start our expansion outside Kenya here before moving to other countries,” he said.
The company aims to operate in Rwanda long-term, contributing to the development of the financial sector and supporting projects with tangible benefits for the population.
Kenya’s Ambassador to Rwanda, Janet Mwawasi Oben, welcomed CPF Group’s move as a symbol of growing cooperation between the two countries.
“Rwanda and Kenya share a strong partnership. We appreciate how Rwanda welcomes Kenyan businesses. CPF Group’s decision to invest here reflects the confidence Kenyan companies have in Rwanda,” she said.
Rwanda’s Minister of Finance and Economic Planning, Yusuf Murangwa, noted that the country needed large investors capable of providing significant long-term funding to help private investors implement major projects.
“When sufficient long-term capital is available, investors can focus on large-scale projects. This leads to new industries, job creation, and domestic production of goods previously imported,” Minister Murangwa said.
