Rwanda pensions fund acquires key stakes in Inyange, Ruliba Clays

Rwanda Social Security Board headquarters in Kigali’s suburb of Kiyovu. PHOTO | CYRIL NDEGEYA

The Rwanda Social Security Board (RSSB), the country's pension body, has acquired 100 percent ownership of Inyange Industries and Ruliba Clays from Crystal Ventures Ltd, the investment arm of the ruling Rwanda Patriotic Front (RPF).

Inyange Industries and Ruliba Clays are among the country's leading beverage manufacturers and producers of high-quality clay construction material, respectively.