Rwanda Over The Counter Exchange

Rwanda Over The Counter Exchange
Company typeParastatal
IndustryStock exchange
Founded2008
Defunct31 January 2011
SuccessorRwanda Stock Exchange
HeadquartersKigali, Rwanda
OwnerGovernment of Rwanda

The Rwanda Over The Counter Market (ROTCE), was a stock market in Rwanda. It was founded on 31 January 2008 and operated out of Kigali, the capital city of Rwanda. The market was run by the Rwandan government, with ambitions to become independent.[1] Initially the exchange only sold bonds - one offered by the country's central bank; the National Bank of Rwanda and one by the Commercial Bank of Rwanda. Later in 2009, equities began being listed on the exchange. As of December 2010 the listed equities on the exchange are as summarized in the table below:[2]

  1. ^ "BBC NEWS | Business | Rwanda opens own stock exchange". news.bbc.co.uk. 31 January 2008. Retrieved 30 August 2017.
  2. ^ Gahamanyi, John (10 September 2009). "Rwanda: Govt Bourse Boosted As Bralirwa IPO Gains Momentum". The New Times (Kigali). Retrieved 30 August 2017.