University of Lay Adventists of Kigali University of Lay Adventists of Kigali The University of Lay Adventists of Kigali (UNILAK) is a private university owned and operated by the Federation of Adventist Parents Associations for the Development of Education in Rwanda (FAPADER) which is an association of several lay Seventh day Adventist proprietorship secondary school associations that include: UNILAK was approved through the Convention No. 001 of 3 February 1997, which was signed between the Government of the Republic of Rwanda, and FAPADER. The Institution obtained legal identity as a nonprofit association under Rwandan law through the Ministerial Decree No. 89/11 of 2 July 2004 and
Bank of Kigali shareholders' approved plans to cross-list the stock of the bank on the Nairobi Stock Exchange (NSE), the largest in the East African Community. The cross-listing and the planned rights issue, both planned during the second half of 2018, are expected to raise US$70 million, to be deployed on the acquisition of new, improved ICT systems ($20 million), with the rest deployed in loans to support infrastructure projects at home. In October 2018, the EastAfrican, a regional English language newspaper reported that the stock of Bank of Kigali was expected to list on the Nairobi stock exchange on 30 November 2018.