Published articles > Listing Of Africa Medical Supplier PLC Corporate Bond On Rwanda Stock Exchange

Listing Of Africa Medical Supplier PLC Corporate Bond On Rwanda Stock Exchange


13 Aug 2025


August 27th, 2025 --- Africa Medical Supplier Plc, or ‘AMS’ by its trading name, officially listed a corporate bond of Frw 5,000,000,000 on the Rwanda Stock Exchange Bond Market. The 5-year bond offer was fully subscribed with a wide range of investors and will pay a coupon of 13.25% per annum. The proceeds will be used to fund AMS’s debt refinancing and growth financing.

At the listing ceremony, the Chief Executive Officer of the Rwanda Stock Exchange, Mr. Pierre Celestin RWABUKUMBA, noted that: “AMS Plc listing is particularly significant as it becomes the first company in health care sector to graduate from the Capital Market Investment Clinic (IC); raise money and be profiled on the RSE special board. This serves as a good example for other SMEs & corporates on what’s possible in our Capital Market today”.

The Chief Executive Officer of the Capital Market Authority, Mr. Thapelo Tsheole, speaking at the listing of the Africa Medical Supplier corporate bond, noted that:” When a company chooses to raise capital through the capital market, is not only securing funds; it is also elevating its profile and enhancing its credibility. The capital market offers visibility and instils confidence, both of which contribute to strengthening the company.” In his keynote speech, Mr. Fabrice Shema Ngoga, Chief Executive Officer of Africa Medical Supplier Plc, mentioned that “Today’s bond listing represents a new chapter in the history of AMS Plc, a chapter defined by innovation, trust, and a shared vision of progress. We are deeply grateful for the enabling environment that has made this bond issuance possible. This listing is not an endpoint but a beginning. Additionally, it is a call to action, a rallying point for all stakeholders to join hands in the pursuit of lasting impact”.

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