COPEDU PLC posts over Frw 3.42 billion profit in 2024 #rwanda #RwOT

During the meeting, shareholders were commended for their decision to increase equity participation, a move aimed at supporting the construction of COPEDU PLC's new headquarters.

According to the institution's financial report, customer deposits rose by 11% to Frw 32.3 billion, up from Frw 24.8 billion. Total assets also increased by 9%, from Frw 46.3 billion to Frw 51.25 billion. Member savings grew by Frw 3.83 billion during the same period, climbing from Frw 34 billion to Frw 38 billion.

Vestine Nyiraneza, Chairperson of the Board of Directors, praised the institution's strong performance, noting that 95% of COPEDU PLC's 2024 goals had been successfully met.

'COPEDU PLC is in a strong position overall. Achieving 95% of our annual targets is a testament to the commitment and hard work of our entire team,' she said.

'This progress is the result of unified efforts by shareholders, leadership, staff, and our partners across various sectors.'

Beyond its financial achievements, COPEDU PLC continued to contribute to national development by supporting women's empowerment, particularly in promoting income-generating activities and access to financial services.

With over 27 years of operation, COPEDU PLC now operates 11 branches nationwide, six of which are managed by women.

Women also hold 70% of the company's shares, 66% of positions on the executive committee, and represent 63% of the total workforce, further reinforcing the institution's commitment to inclusive growth.

Vestine Nyiraneza, Chairperson of the Board of Directors, praised the institution's strong performance, noting that 95% of COPEDU PLC's 2024 goals had been successfully met.

One of the founders of COPEDU PLC, Gakuba Jeanne D'Arc, told the shareholders that they should learn to draw strength from within and find homegrown solutions to their problems instead of relying on foreign aid.

The Managing Director of COPEDU PLC, Muyango Raïsa, stated that the institution's assets increased by 9%.

The institution announced its performance during the Annual General Meeting held on June 29, 2025, in Kigali, where shareholders were also updated on key milestones and future plans.