Rwanda

RSwitch CFO Godfrey Nduwayezu’s career began with a last-minute decision to study accounting in high school. This change of heart led him to a leadership role at a fintech company that is keen to fully transform Rwanda into a cashless economy.

As the curtains start to fall on 2024, more than 100 finance leaders from across East Africa gathered at Villa Rosa Kempinski in Nairobi for the exclusive 2024 CFO East Africa Year-End Summit. The highly-anticipated event, which took place on 28 November, was CFO East Africa’s seventh summit, all of which have been well-received by CFOs across Kenya, Tanzania, Rwanda, and Uganda since its launch in 2023.

Shereena Wilson has been appointed as the chief financial officer of East African Power (EAP). She joins the Kigali-based energy firm after 11 months as fractional CFO at Chiefly & Co, a collective of fractional C-level experts accelerating sustainability for companies.

Julian, who is the director of strategy and institutional sustainability at the Institute of Certified Public Accountants of Rwanda (ICPAR), urges CFOs to stay ahead of the curve by continuously seeking new knowledge and expanding their skill sets.

Get ready to shine a spotlight on the region's most exceptional finance leaders - with nominations now open for the inaugural CFO Awards for East Africa.

Shushant Mallik, the CFO of DP World in Rwanda, brings an unconventional approach to the role, having taken on responsibility for projects and operations prior to leading a finance function.

CFO East Africa chatted with Lafarge Hima Cement Uganda CFO Moses Aman, ICEA Lion Insurance Tanzania CFO Alfred Mtaki and Canal+ Group Rwanda CFO Hermann Malan for this two-part special feature on tax in Kenya, Uganda, Tanzania and Rwanda.

CFO East Africa chatted with Daniel Ngumy, managing partner at Anjarwalla & Khanna, Stanbic Bank Kenya's Dennis Musau and EABL's Risper Genga Ohaga for this two-part special feature on tax in Kenya, Uganda, Tanzania and Rwanda.

At the age of only 39, Hermann Malan boasts an impressive career as a CFO, having traversed various regions of Africa. His journey began in West Africa, extended to South Africa, and eventually led him to East Africa.

Although Jurgen Paulis has worked all over the world, he has found a passion for Africa and for the work that AIF does. And looking back at his career, he is also most proud of the work that he is doing at AIF.

MTN Rwanda expects an improvement in EBITDA margins in the forthcoming quarters with the implementation of its expense efficiency programme (EEP) and the launch of its own 4G network. This is according to Mark Nkurunziza, MTN Rwanda’s chief finance officer, who was commenting on the company’s first quarter results.

Equity Bank is set to become the second largest bank in Rwanda, based on its intention to acquire Cogebanque, with Equity Holdings CEO James Mwangi seeing growth opportunity in the unpenetrated financial services sector.

Miriam Kaggwa was earlier this year appointed as the CFO of WPP-Scangroup. She has extensive experience in the marketing and communications industry in North America, the United Kingdom and emerging markets.

CFO highlights the things that worked well in enabling her transition from banking to brewing.