Kigali, Rwanda — CPF Group, a Kenyan financial services company that manages pension funds and investments, has officially opened its first international office in Kigali with an initial investment of $20 million (about Rwf 29 billion).
Founded in 1937, CPF Group helps organizations and individuals manage retirement savings and provides services such as investment advice and wealth management. The new office marks the company’s first step into international markets.
By establishing a presence in Kigali, CPF aims to help businesses access financing for major projects, offer investment advisory services, and support cross-border business transactions in the region.
The expansion also reflects Rwanda’s growing financial sector as the country continues attracting regional and international financial institutions.
CPF Group has indicated that Rwanda is only the first step in its regional expansion, with plans to expand to other East African markets, including Uganda.