Giza Systems
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🇷🇼Rwanda/Financial Services● Ongoing GS-RW-2023-4719

Rwanda Innovation Fund (RIF)

Contract Value
≈US$31M
Progress
34%
Start Date
01 Jul 2022
Expected Completion
28 Jul 2025
Project Overview

Programme snapshot

Project Name
Rwanda Innovation Fund (RIF)
Project Code
GS-RW-2023-4719
Status
Ongoing
Category
Financial Services
Country
Rwanda
Client
Government of Rwanda
Project Manager
Aisha Okonkwo
Contract Duration
Ongoing
Estimated Budget
≈US$31M
Start Date
01 Jul 2022
Expected Completion
28 Jul 2025
Funding
Government of Rwanda
Progress Dashboard

Executive KPIs

Overall Progress
34%
2/6 milestones
Budget Utilization
53%
US$16.4M of US$31M
Milestones Completed
2
Active: Development
Tasks Completed
65/191
34% done
Open Issues
9
Being triaged
Upcoming Milestone
Development
In flight
Team Performance
85%
Rolling 30-day score
Profit Estimate
US$4M
Revenue US$30.7M
Executive Summary

Programme narrative

A technology investment fund supporting innovative startups and accelerating Rwanda's digital economy through investments in AI, fintech, software and ICT entrepreneurship.

Delivered for Government of Rwanda in Rwanda, this Ongoing financial services programme draws on Artificial Intelligence, FinTech, Cloud Computing, Digital Innovation. Giza Systems manages delivery end-to-end — from planning and vendor coordination through implementation and ongoing support.

Project Timeline

Milestone progress

34%
  1. Planning
    complete
  2. Design
    complete
  3. Development
    active
  4. Testing
    upcoming
  5. Deployment
    upcoming
  6. Support
    upcoming
Scope of Work

Delivery workstreams

Software Development
Cloud Infrastructure
Cybersecurity
Networking
Mobile Applications
Web Applications
AI Integration
Data Migration
System Integration
Training
Support Services
Deliverables

Completion checklist

  • Project Charter approved
    Complete
  • Solution architecture signed off
    Complete
  • Core platform deployed
    Complete
  • Security & compliance audit
    Pending
  • Integration with client systems
    Pending
  • User acceptance testing
    Pending
  • Go-live & cutover
    Pending
  • Knowledge transfer & training
    Pending
  • Post-implementation support
    Pending
Technology Stack

Tools & platforms in use

ReactTypeScriptNode.jsJavaPythonAzureAWSOracleSAPMicrosoftDockerKubernetesSQL ServerPostgreSQLArtificial IntelligencePower BI
Programme-specific technologies
Artificial IntelligenceFinTechCloud ComputingDigital Innovation
Risks

Risk register

RiskLevelProbabilityImpactStatus
Scope creep from evolving stakeholder requirements
Mitigation: Formal change control board, prioritised backlog and quarterly steering committee sign-off.
 MediumHighMediumMonitoring
Foreign exchange exposure on multi-currency contracts
Mitigation: Hedging strategy with treasury and milestone-based currency lock-ins.
 LowLowMediumMonitoring
Vendor delivery delays across integrated systems
Mitigation: Weekly vendor governance forum with escalation SLAs and contingency partners on standby.
 HighMediumHighMonitoring
Cybersecurity threats during migration cutover
Mitigation: Zero-trust segmentation, 24/7 SOC monitoring and pre-approved incident response playbooks.
 HighMediumHighMonitoring
Additional Notes

Latest updates & announcements

This week
Steering committee approved next-phase budget

The programme steering committee endorsed the next-phase workstream budget and confirmed continued alignment with the client's digital transformation roadmap.

Last month
Development workstream officially in flight

Delivery pods for the development phase have been mobilised. Governance rhythm, quality gates and reporting cadence are fully operational.

Ongoing
Local ICT partner enablement

Structured onboarding is under way for qualified local partners across the delivery streams to accelerate in-country capability build-up.