Yemisi Izuora
Renaissance Capital, a leading emerging and frontier markets investment bank, is set to hold its 10th Annual Pan-Africa 1:1 Investor Conference in Lagos, Nigeria, which targets investment in critical sectors of the economy.
The Firm will mark this anniversary event with special insights and extensive coverage.
The conference serves as a platform for closed-door 1:1 meetings between top global and local investors from across the globe and corporate representatives to discuss investment opportunities in Nigeria and other fast-growing economies on the continent.
More than 200 scheduled 1:1 meetings will bring together local corporates and international and Africa-based investors with investment value totaling US$150bn.
The opening ceremony will include a keynote address by Yewande Sadiku, Executive Secretary / CEO of the Nigerian Investment Promotion Commission (NIPC). Charles Robertson, Global Chief Economist, Renaissance Capital, will give a talk on Nigeria’s structural reform and diversification from oil dependency as key to industrialisation.
Temitope Popoola, CEO, Nigeria, Renaissance Capital, commented: “We are delighted to welcome all participating corporates and investors to the 10th edition of our annual conference, particularly those who have travelled from countries outside of Nigeria to be a part of the event. We expect discussions at this year’s event to be driven by expectations for the new political environment considering the recently concluded elections. Renaissance Capital remains committed to Africa, which is evidenced by our growing share of market and deal pipeline in each of our core regions in the continent, particularly Nigeria. We successfully priced a debut US$450mn 9.50 per cent five-year Reg S/144A bond offering for Ecobank Transnational Incorporated, a leading Pan-African bank and we are currently involved in several landmark transactions with key clients.
Charles Robertson, Global Chief Economist, Renaissance Capital, said: “We do believe that further improvement in the business climate and a strong welcome to foreign investors are necessary for Nigeria to lift the investment rate. With some rapid reforms, a better value currency, accelerating growth – Nigeria could become an overweight again.”
Renaissance Capital’s Annual Pan-Africa 1:1 Investor Conference in Lagos, Nigeria, will be combined with bespoke investor trips to the most exciting investment destinations in West Africa and dedicated site trips on the back of the event. It will be preceded by two-day trips to Accra, Ghana and Abuja, Nigeria and followed by a focused investor site visit in Nigeria.