50 Francs Impala

Rwanda has no native impala population. The choice of an East African antelope for a Rwandan bullion issue is a commercial one — the "African Wildlife" series, of which this coin is part, was produced by the Bavarian State Mint in Munich under licensing arrangements designed to compete with South Africa's Krugerrand and similar bullion programs. Rwanda entered this market in 2008, positioning itself as an issuer of record for coins it neither designs nor strikes domestically.

The KM#43 attribution places it firmly within the recurring annual wildlife rotation, where the impala image appeared across multiple years with modest design variation.