President Kagame meets Chi-Man Kwan, Co-Founder of Raffles Family Office

By IGIHE

On 25 February 2025 at 06:56

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President Paul Kagame held discussions with Chi-Man Kwan, the Group CEO and Co-Founder of Raffles Family Office, focusing on Rwanda’s progressive and innovative regulatory framework for financial institutions and the investment opportunities across various sectors.

Chi-Man Kwan was received by President Kagame on February 24, 2025.

According to a statement posted on the official X account of the Office of the President, Village Urugwiro, Kwan is in Rwanda to attend the Inclusive Fintech Forum, an international conference on financial technology, taking place from February 24 to 26, 2025.

President Kagame is expected to officially open the IFF conference on February 25, 2025, at the Kigali Convention Center, where leaders from different sectors around the world will be in attendance.

This forum is organized by the Kigali International Financial Centre (KIFC) in collaboration with Elevandi, a company specializing in financial technology, and the National Bank of Rwanda (BNR). The partnership aims to establish the forum as a key platform for global financial technology solutions.

According to the 2024 FinSope report, financial services in Rwanda reach 96% of the population, with 86% of them accessing these services through mobile phones.

Insights gathered from the more than 3,000 participants attending this forum will help shape discussions at major global conferences, including the Singapore FinTech Festival, Japan FinTech Festival, 3i Summit, and Point Zero Forum.

Raffles Family Office is one of the leading firms in Southeast Asia, providing wealth management and advisory services to high-net-worth families. The firm manages assets worth billions of US dollars.

On the same day, President Kagame also met with Benjamin Fernandes, CEO of NALA; Marlon Chigwende, Founder of Admaius Capital Partners; Madhusudanan Madhu, Co-Founder of M2P; Parag Bhise, CEO of Nucleus Software, and Prajit Nanu, CEO of Nium. The CEOs are in Rwanda for the Inclusive FinTech Forum.

Their discussions revolved around the growing FinTech sector in Rwanda and the various opportunities for partnerships offered by the ease of doing of business in Rwanda.