Rwanda, Jamaica stock exchanges seal deal to boost cross-listing and investment flows

By The Inspirer. 

The Rwanda Stock Exchange (RSE) and the Jamaica Stock Exchange have signed a cooperation agreement aimed at deepening capital market development, expanding cross-listing of securities, and unlocking new investment opportunities between Africa and the Caribbean.

The agreement was signed on January 26, 2026, during the 21st Investment and Capital Markets Conference held in Kingston, Jamaica, bringing Rwanda’s capital market into closer partnership with one of the Caribbean’s most active exchanges.

Jamaica was represented by Prime Minister Andrew Michael Holness, Minister of Finance and the Public Service Fayval Williams, and Jamaica Stock Exchange Managing Director Livingstone Morrison, while RSE Chief Executive Officer Pierre Célestin Rwabukumba signed on behalf of Rwanda.

RSE CEO Pierre Célestin Rwabukumba said the partnership is expected to move beyond formal cooperation and deliver practical outcomes for investors and market operators in both countries.

“This collaboration goes beyond paperwork. It creates a platform for sharing expertise, strengthening institutional capacity, and opening new investment and business opportunities for capital market players in Rwanda and Jamaica,” Rwabukumba said.

The agreement focuses on cross-listing of equities, capacity building, and innovation in capital markets, areas that analysts say could improve market liquidity and attract international investors to emerging exchanges such as Rwanda’s.

The deal builds on growing diplomatic and economic ties between Rwanda and Jamaica. In 2022, President Paul Kagame paid an official visit to Jamaica, resulting in cooperation agreements in politics, tourism, transport, and industrial development.

Bilateral relations further deepened in January 2026, when Rwandan Defence Force engineers were deployed to Jamaica to help rehabilitate infrastructure damaged by Hurricane Melissa, which caused extensive destruction late last year.

The latest agreement signals Rwanda’s push to internationalise its capital market while positioning the RSE as a gateway for global investors seeking exposure to East Africa.