Bank of Kigali ordinary share capital. In 1967, the Bank commenced its operations with its first branch in Kigali. Belgolaise was a subsidiary of Fortis Bank (now defunct), operating in Sub-Saharan Africa but in 2005 began to withdraw from its operations in Africa in line with Fortis’ strategy. In 2007 the Government of Rwanda acquired the Belgolaise shareholding in Bank of Kigali, thereby increasing its direct and indirect shareholding in the Bank to 100% of the entire Issued Shares. In 2011, the Bank changed its name under the new law relating to companies from Bank of Kigali S.A to Bank of Kigali Limited.
Kigali International Airport will cover the costs of US $418 million for the first phase and US $400 million for the second phase, leading to a total investment of US $818 million. As a compensation, the company has the right to keep the profits from operating the airport. Under the agreement, the Rwandan government won't have to contribute to the costs of construction and operation. There are 3 airlines based in Kigali: Akagera Aviation, a Rwandan heli-company; Tempus Jet, an American airline providing charter flights; and Nexus Aero, a Saudi VIP airline. <br> <br> <br> <br> Kigali International Airport Kigali International Airport ,