Kigali Independent University Kigali Independent University Kigali Independent University (, ULK), in Rwanda, is a private Institution of Higher Learning founded on 15 March 1996 and governed by the Law No. 27/2013 of 24/5/2013 governing the organization and functioning of Higher Education in Rwanda, the Law No. 13/2009 regulating Labor in Rwanda, the Presidential Order No. 51/01 of 13/7/2010 establishing quality standards in higher learning institutions. Kigali Independent University ULK was created in 1996, after the genocide in Rwanda which took place in 1994. Prof. Dr Rwigamba Balinda is the founder and owner of the University. ULK started its activities from the St
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.