Deal Street

Kibo Capital Partners Exit I&M Bank Rwanda
Kibo Capital Partners Exit I&M Bank Rwanda

Kibo Capital Partners announced the completed sale of its 6.01% stake in I&M Bank Rwanda (IMR), the second-largest bank in Rwanda. The acquisition was made in April 2017 by The Kibo Fund II LLC as part of the bank’s successful IPO. This exit marks the first full exit of The Kibo Fund II LLC.