Nairobi, 19 September 2018 – Renaissance Capital, a leading emerging and frontier markets
investment bank, today opened its 4th Annual East Africa Investor Conference in Nairobi, Kenya.
The three-day event will once again play host to the world’s key investors and East Africa’s leading
companies. The forum is an opportunity for those who view East Africa as a potential investment
location to network with the region’s companies looking for growth capital.
Renaissance Capital expects to conduct more than 100 one-on-one meetings between international
and domestic investors, and leading corporates from different sectors in the region. Companies
participating in this year’s conference come from a variety of sectors such as consumer and retail,
insurance, media, utilities, oil & gas, telecoms, finance, cement production, and brewing. The
conference has been preceded by bespoke trips to Tanzania and Rwanda on 17 and 18 September,
On the threshold of the conference, Renaissance Capital completed a UGX167bn* IPO for CiplaQCIL,
a Uganda-based pharmaceutical company focused on the production of high-quality and affordable
life-saving medicines – a crucial humanitarian mission for Uganda, East Africa and beyond. Monday,
17 September was the first trading day for the company with the ceremonial bell ringing on the
Uganda Securities Exchange.
The conference commenced with an opening speech by Anna Vyshlova, Renaissance Capital’s Co-
CEO, followed by a presentation ‘Kenya-Twin deficits and Industrialisation’, by Renaissance Capital’s
Yvonne Mhango, Sub-Saharan Africa Economist, and Charles Robertson, Global Chief Economist.
Anna Vyshlova, Co-CEO, Renaissance Capital, commented: “We are holding the conference
during tough times for emerging markets, but Africa is doing well. Countries that invest can overcome
many other challenges, and the success of this conference taking place in Nairobi for the fourth time
is just one more example of how paving the way for investments can improve the growth outlook. We
take pride in executing recently completed CiplaQCIL IPO and believe that the deal will also have a
broader socio-economic impact in the region by way of improving employment, the national trade
balance and ultimately the investment climate in general.”
Ruslan Babaev, Co-CEO, added: “Renaissance Capital is delighted to welcome key local and
international investors to our conference. Our leadership in East Africa is hard to match: we acted as
advisor and bookrunner in the first three IPOs in Rwanda; we executed East Africa’s largest rights
issue; and we arranged the first joint offering on the Ugandan and Kenyan stock exchanges. We
remain committed to Africa and in particular East Africa as one of our core markets.”
Renaissance Capital was named the Most Innovative Investment Bank for Emerging Markets in 2018
in The Banker magazine’s annual ‘Investment Banking Awards’. Earlier this year, Renaissance
Capital was named the Best in Frontier Markets by Global Finance magazine.