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EFM Consulting Firm
Your Trusted Financial
Experts for Public Good

At EFM Consulting Firm, we bring unmatched
expertise in Public Financial Management (PFM) and Business Advisory.

How We Help You Thrive

Tailored services designed to maximize efficiency and sustainability in public finance

Why Partner with Us?

Let’s create financial solutions that stand the test of time—together.

Elias Baingana – Partner

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Elias Baingana is the Chairman and Co-Founder of EFM Consulting Limited, bringing extensive experience in both the public and private sectors. His expertise spans policy analysis, business planning, fund mobilization, and budgeting.

In the private sector, Elias served as Chief Executive Officer of Macefield Ventures Limited and Chief Operating Officer of Crystal Ventures Limited (CVL) for nine years. During his tenure, he streamlined business operations across the CVL group and secured USD 404 million in funding for the Kigali Infrastructure Project.

In the public sector, Elias held key roles, including Director General of National Budget at the Ministry of Finance and Economic Planning and Manager of Corporate Planning, Research, and Statistical Analysis at the Rwanda Revenue Authority. His achievements include improving budget systems, developing Rwanda’s environment and climate change fund (FONERWA), and leading fiscal decentralization efforts to enhance local governance.

Elias holds an MSc in Finance (Economic Policy) from the School of Oriental and African Studies (SOAS), a Master of International Taxation from the University of Sydney, and a BA in Economics from Makerere University.

Francis Nsengiyumva – Partner

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Francis Nsengiyumva is the Managing Director and Co-Founder of EFM Consulting Limited and Enabler Limited, with expertise in project management, financial planning, revenue enhancement, business advisory, strategy development, and investment analysis.

He previously served as General Manager of a leading agricultural processing company and Chief Financial Officer (CFO) of SP Aviation Limited. At Crystal Ventures subsidiaries, he held key roles including Commercial Director at NPD Limited and Procurement Manager at Real Contractors Limited.

Francis also spent over a decade at the Ministry of Finance and Economic Planning (MINECOFIN) as Head of the Single Project Implementation Unit (SPIU) and Coordinator of the Technical Secretariat managing UN-funded projects. A trained financial and value-for-money (VfM) auditor, he has ensured government operations meet compliance and efficiency standards.

He has held board positions, including Chairman of Prime Insurance Limited, and served on boards such as Great Lakes Cement (GLC) Limited, Horizon Group, and Cogebanque Plc. Currently, he is the Chairman of the Board for Path to Success International School.

Francis holds an MSc in Finance (Economic Policy) from SOAS and a Bachelor's in Accounting Sciences from the National University of Rwanda.

About us

EFM Consulting Firm is a leader in Public Financial Management (PFM) and Business Advisory services.

Founded with a mission to strengthen public institutions and promote sustainable financial practices, EFM is your strategic partner for creating lasting change.

Our experienced team works closely with clients to enhance governance, drive operational efficiency, and meet strategic objectives.

Elias Baingana – Partner

Elias Baingana is the Chairman and Co-Founder of EFM Consulting Limited, bringing extensive experience in both the public and private sectors. His expertise spans policy analysis....

Francis Nsengiyumva – Partner

Elias Baingana is the Chairman and Co-Founder of EFM Consulting Limited, bringing extensive experience in both the public and private....

our services

We specialize in delivering high-level financial strategies to enhance budgeting, forecasting, and overall fiscal sustainability:

Financial Management and Planning

We specialize in delivering high-level financial strategies to enhance budgeting, forecasting, and overall fiscal sustainability:

  • Budget development and execution
  • Financial forecasting and modeling
  • Financial reporting and analysis
  • Cost-benefit analysis
  • Debt management and sustainability

Financial Governance and Accountability

We ensure that financial operations adhere to the highest standards of governance and accountability:

  • Internal control systems
  • Fraud prevention and detection
  • Compliance and risk assessment
  • Performance auditing
  • Transparency and disclosure

Expenditure Management

We provide the expertise needed to manage public spending efficiently and ensure value for money:

  • Expenditure review and control
  • Procurement and supply chain management
  • Performance budgeting and management
  • Public-private partnerships (PPPs)
  • Value for money audits

Strategic Financial Planning

We provide long-term financial planning services to promote fiscal health and resilienc

  • Financial sustainability analysis
  • Long-term financial planning
  • Economic impact assessment
  • Fiscal decentralization and service delivery
  • Public sector reform

Financial Systems and Technology

Harnessing the power of technology, we enable governments to modernize their financial systems

  • Financial management information systems (FMIS) implementation
  • Data analytics and business intelligence
  • Digital transformation strategies

Capacity Building

We are committed to fostering excellence in public finance management through capacity building and training

  • Training and development
  • Organizational change management
  • Knowledge transfer
  • Coaching and mentoring

Contact Us

Get in Touch with EFM Consulting Firm

Are you ready to take your financial management to the next level? We’re here to help. Reach out to us today to discuss how EFM Consulting can support your goals.

0788303884
0787489676

francis.n@emf.co.rw
elias.b.@efm.co.rw

Kabuga Hillside Estate
KG217 ST. HOuse 153. Rusororo

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