Salama Capital is a Kigali-based advisory firm led by Angelique K. Kantengwa, a Harvard Kennedy School Mason Fellow with more than 35 years across central banking, financial-sector supervision, national social security governance and development finance. We solve complex capital, governance and execution challenges across Africa.
Governments, DFIs, and institutional investors face intense pressure to deploy growth capital, but the same bottlenecks keep showing up: unrefined project structuring slows diligence, complex governance friction stalls momentum, and underperforming institutional frameworks leak value.
Founder institutional leadership
Confirmed FDI facilitated*
Combined sector expertise
Specialised capital advisory, risk governance and regulatory execution across the key economic pillars of Sub-Saharan Africa. Select a sector to view its full capability profile.
Integrated disciplines that accelerate institutional readiness, market confidence and sustainable impact.
Financial modelling, valuation, pitch and data-room preparation, transaction structuring, investor access and fundraising support.
Pragmatic technology enablement, executive AI training, readiness diagnostics, workflow design, and responsible adoption to optimize financial and operational workflows, with technical cybersecurity, safety, and infrastructure delivery provided via partner MicroRisk Labs Ltd.
Gender-smart investment criteria, inclusive pipelines, governance and impact metrics for funds, DFIs and enterprises.
Baselines, mid-term reviews, endlines, data-quality assurance and OECD-DAC-aligned evaluation.
Programme design, financial-sector strategy, institutional reform, SOE restructuring, PPP/blended-finance frameworks, technical assistance and policy execution.
Board effectiveness reviews, risk committees, investment governance, internal controls, and statutory compliance oversight—drawing on Angelique’s executive governance leadership across Bank of Kigali, Rwanda Social Security Board (Social Security Fund), and the National Tender Board.
We bridge complex regional execution in East Africa and the rigorous expectations of global institutional and DFI investors.
Salama Capital was built from decades of hands-on experience navigating the complexities of East African markets.
We act as the crucial interface between high-potential regional opportunities and the rigorous standards of global investors.
We do not cut corners. Our rigorous approach to governance and risk management protects and enhances asset value.
Helping manufacturers and investors get foreign direct investment deals done in Rwanda under the UK’s flagship manufacturing programme.
Finding and vetting Rwandan companies with proven, scalable innovations for Luxembourg’s grant fund.
Designing the legal and governance set-up that lets RTB run agricultural production units as self-sustaining businesses.
Institutional-grade DCF models, clean corporate governance, and audit-ready data rooms from day one.
Pragmatic, workflow-embedded digital and AI enablement that directly supports operational efficiency and readiness.
Embedded 2X Challenge and gender-smart metrics that attract dedicated DFI and impact capital.
Direct equity partner leadership with 55+ years of combined experience driving deals to close.
Angelique Kantengwa is a senior advisory and transaction consultant with more than 35 years of leadership across central banking, financial-sector supervision, and development finance. She is a Harvard Kennedy School MPA graduate, former Senior Director of Financial Stability at the National Bank of Rwanda, and former Managing Director of the Rwanda Social Security Board.
Lina Rutaba is a transaction and strategic-finance adviser with 15 years of experience across Rwanda, France, Canada, and the United States. She leads corporate-finance, capital-structuring, and transaction-advisory work for governments, DFIs, banks, and growth companies. Lina has led more than 20 investment transactions totaling over USD 50M and contributed over USD 30M in FDI to Rwanda.
Why gender-smart capital deployment generates superior risk-adjusted returns in emerging markets, and how institutional allocators can structure investable pipelines beyond basic 2X criteria.
A practical governance and data roadmap for African commercial banks and DFIs to deploy predictive and generative AI workflows while complying with regional supervisory and cyber standards.
A strategic blueprint for mid-market African enterprises and sovereign sponsors preparing balance sheets, data rooms, and governance frameworks for global institutional investment.
Decades of structural leadership, reflected in relationships across governments, DFIs and global advisory institutions.
What to expect when you engage Salama Capital.
Governments and public institutions, development finance institutions (DFIs), banks, pension and sovereign funds, foundations, and growth companies preparing to raise or deploy institutional capital in Rwanda and across Africa.
Every mandate is led by a senior partner. We scope the objective, assemble transaction, governance, M&E, gender-lens or technical specialists as required, and apply partner-level review to every key deliverable. Engagements range from focused diagnostics of a few weeks to multi-year programme support.
We stress-test the financial model (DCF, NAV and scenario analysis), close governance and reporting gaps, build an audit-ready data room, and align the investment case with DFI screening criteria — including ESG and 2X gender-lens requirements — before the company meets investors.
We are headquartered in Kigali and work across East Africa and the wider continent, with deep experience in manufacturing, agribusiness and agro-processing, energy and natural resources, financial services, and public-sector and NGO programmes.
Yes. We help regulated institutions and growth companies assess AI readiness, map workflows where AI adds measurable value, and put in place governance and risk controls appropriate for supervised financial and public-sector environments.
Send a short outline of your objectives through our contact page or email inquiries@salamacapital.rw. A member of the team responds within two business days to arrange an initial, confidential discussion with a partner.
Tell us about your mandate. A partner will respond within two business days.
