Key Players

key real estate players rwanda

These are the major contributors; they promote real estate and housing sector in Rwanda. They arguably give lowest priced mortgage loan in Rwanda.

The following are the key players in Real Estate Sector Rwanda;

The Real Estate Association of Rwanda (REAR)

Rwanda is emerging as a major hub for real estate business and attracted international property developers mainly due to the country’s ever growing demand for housing that now stands at 250,000 housing units per year and continuous economic growth

The Real Estate Association of Rwanda (REAR) was created as an overseer of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Rwanda.  REAR membership currently stands at 42 members.

The key role of REAR include advocacy for professionalism, stimulate business cooperation as well as establish business code of conduct among other things. REAR also  conducts   capacity building workshop and training for the members

The Association membership include  valuers in the private and public sector, estate managers, mortgage officers, real estate investment advisors and many others.

The greatest challenge facing REAR is the existence of unlicensed quack brokers and lack of professionalism amongst the practitioners

Mortgage Finance in Rwanda

One major constraint to the development of the real estate in Rwanda is lack of mortgage finance at reasonable rate of interest. In 2012, it was estimated that 96.2% of households in Rwanda had no access to housing finance. There has been a clear increase in the provision of mortgage finance since 2004 with the current supply of mortgage finance estimated between RWF 64.7 and RWF 84 billion. The numbers of banks offering mortgage finance have also slightly increased in number.

Providers of Mortgage Finance in Rwanda

Rwanda Commercial Bank (BCR)

located on plot11, Boulevard de la Revolution

P.O. Box 354

Kigali, Rwanda
Tel: 3227

 

National bank of Rwanda (BNR)

 

Located on Paul VI Avenue

P.O Box 531

Kigali, Rwanda

Tel: + (250)788172200/+ (250)788172231/+ (250)59142200/+ (250)59142231

 

Bank of Kigali

 

Located on Plot 6112, Avenue de la Paix

P.O Box 175

Kigali, Rwanda

Tel: +250-2520593100/4455

 

Rwanda Development Bank (BRD)

Located on Plot 54 Boulevard de la
Revolution
Box, 1341 Kigali
Tel: (+250)-252-573558 / 575079 / 575080

 

Kenya Commercial Bank (KCB)

 

Located on Plot 1229 & 6404 Avenue de La Paix

P.O Box 5620

Tel: +250252570620

 

ZIGAMA CSS

P.O. Box 4772

Kigali, Rwanda

Tel: (+250) 252571184/ (+250) 08303504

 

 

 

 

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Key Players

The energy sector key players in Kenya are summarised as follows.
Energy regulatory commission
Eagle Africa Centre, Longonot Road Upperhill
P. O. Box 42681-00100
Nairobi, Kenya
Tel: +254 20 2847000/200/229; 254-020-2847000/200/0708 444 000/0722 200 947 / 0734414333
E-mail: info@erc.go.ke

Kenya Power and Lighting Company Ltd
Stima Plaza, Kolobot Road, Parklands
P.O. Box 30099
Nairobi, Kenya
Tel: +254 2 20 3201000/243366

Kenya Electricity Generating Company Limited (Kengen)
Stima Plaza, Phase III Kolobot Road
P.O. Box 47936
Nairobi, Kenya

Rural Electrification Authority
6th floor, Chancery- Valley Road
P.O. Box 34585- 00100
Nairobi, Kenya
Tel: +254 20 4953000/3600

Geothermal Development Company Ltd
Taj Tower, Upper Hill
P.O. Box 100746 – 00101 or 66833 – 00800
Nairobi, Kenya.
Tel: + 254 20 2427516 + 254 771 344 681/2 + 254 719 715 777/8 + 254 722 746 260 719 036 000

Oil companies

Tullow Kenya B. V
Ground Floor, Acacia House
Westlands Office Park
P.O Box 63298-00619
Nairobi, Kenya
Tel: +254 20 428 6000
Email: infokenya@tullowoil.com

National Oil Corporation of Kenya
AON Minet House, 5th and 7th floors Off Nyerere Road
P.O Box 58567, 00200
Nairobi, Kenya.
Tel: +254-20-695 2000/+254-20-734 333 000, +254-20-722 203 747/+254-717 074 703 039
Email: feedback@nockenya.co.ke

Africa Oil Corporation
Vanoil Energy LtdB

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