$400m Eurobond repayment expected to test Rwanda’s limits

The multi-million dollar Kigali Convention Centre is part of projects that have fuelled debt. FILE PHOTO | NMG

Rwanda's debt load rose to $5.4 billion last year from $4.8 billion in 2017, as per the latest World Bank data.

Kigali has repeatedly defended the country’s debt level, which is this year projected to rise to 49.1 per cent as a ratio of GDP, from 40.7 per cent last year.