Chinese gaming company donates Rwf 5m to Agaciro Development Fund

Chinese gaming company donates Rwf 5m to Agaciro Development Fund

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Lin and Gao Limited, a Chinese Casino Company yesterday donated Rwf5 million to Agaciro Development Fund.


“We were so impressed to hear that this fund was started by president Kagame. You have a president who has his country at heart and people that have their country at heart. We hope that they will still continue,” Sam Akankwasa, the managing Director of Lin and Gao.

Receiving the donation, Charles Mugabe, the Investments manager at Agaciro Fund expressed gratitude to the private sector for their contributions which account for over Rwf 3.7 billion, representing 10 percent of all the contributions in the fund. According to Mugabe, the fund currently has accumulated Rwf 43 billion, 6.3 billion of which is income got from investments that the fund has carried out.

Source: All Africa. Read more here.
12 May, 2017