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 City Tower within the tower. Sekoko contracted Chinese company China Civil Engineering Construction to construct the building, and also sourced raw materials from his own depot in Guangzhou, China. The building was completed in early 2011, and retailers and companies began to occupy the space thereafter. The three-screen Century Cinema complex was completed in March 2013 and opened in May 2013. Kigali City Tower is on Avenue du Commerce, also known as KN 76 Street, in Nyarugenge District, which is the central business district of Kigali. The building is on the site of the former central bus station, which was closed in