Renaissance Capital to open its 6th Annual Virtual East Africa Investor Conference on 9 September 2020
Renaissance Capital, a leading emerging and frontier markets investment bank, will open its 6th Annual Virtual East Africa Investor Conference on 9 September 2020. The conference will bring together 20 East African corporates, representing a wide range of sectors – financials, insurance, real estate, oil & gas, pharmaceutical, telecoms, breweries, consumer & retail, and utilities, and 58 top international and local funds with total AUMs over $1,7trn. More than 100 one-one meetings have been scheduled.
The public part of the event will include a macro presentation by Charles Robertson, Global Chief Economist, Renaissance Capital, and Yvonne Mhango, Sub-Saharan Africa Economist, Renaissance Capital, and two panel discussions. The first day of the conference will focus on macro themes: Sheila M’Mbijjewe, Deputy Governor of the Central Bank of Kenya, and Tobias Rasmussen, IMF Resident Representative, Kenya, will discuss with Charles Robertson and Yvonne Mhango how East Africa is leading Sub-Saharan Africa’s recovery. The panel participants will look into the factors that are playing in Kenya’s favour for a swifter recovery than the rest of Sub-Saharan Africa and discuss how the country can exploit these conditions to its benefit.
The second day of the conference will feature East Africa corporates in a post-COVID-19 world. Andrew Cowan – Group MD and CEO, East African Breweries Ltd, Edward Kirathe – Founder and CEO, Acorn Holdings, Nevin J Bradford – CEO, CiplaQCIL and Dr Diane Karusisi – CEO, Bank of Kigali[1], who will discuss how to emerge from the crisis in better shape. The participants will talk over how the coronavirus pandemic has affected their sectors and served as a trigger to review strategy, question their adaptability in the face of market shocks, and revise and re-think their business models. The discussion will focus on the strategies and instruments the companies have adopted to deal with the crisis, what they think will be driving their industries in years to come and their plans for living in the ‘new normal’.
Stanley Kariuki, CEO, Kenya, Renaissance Capital, said, “We appreciate the opportunity to hold our conference even in an online format. Strong turnout numbers evidence investor interest in local assets, and we are happy to serve as an access point and drive investment and capital markets activity in one of Renaissance Capital’s core markets. We expect the Kenyan economy to post growth of 1.5% in 2020 – mainly because of agriculture, which is having a relatively good year, and we believe that the region offers a wealth of unlocked potential.”
