2012 newsletter click here - Ghana

P A G E 6
During the 67th UN General Assembly
Meeting, Renaissance
Capital, the leading emerging
markets investment bank, hosted
an exclusive high-level investor
meeting in New York with His
Excellency President John Mahama
of Ghana.
The investor meeting, which
brought together a group of approximately
20 Fund and Asset
Managers with investable resources
of over USD 250 billion,
was designed to afford the investors
an opportunity to engage with
the President and his team of ministers
in order to provide clarity on
the enormous economic and business
potential of Ghana. In his
presentation, President Mahama
mentioned, “Ghana undoubtedly
provides one of the most attractive
investment destinations in the
world, with a growing economy,
talented and skilled people, and
abundant natural resources.”
Renaissance is currently involved
President Mahama Meets Renaissance Capital In New York
in Ghana through Rendeavour, the
firm’s urban development subsidiary,
which is undertaking two visionary
city developments -- King
City, in the Western Region, and
Appolonia: City of Light, in the
Greater Accra Region.
Commenting on the investor meeting
in New York, Dela Wosornu,
Rendeavour’s Country Head for
Ghana, said, “Renaissance and
Rendeavour are firmly committed
to Ghana’s development and, as a
leading emerging markets investment
firm, we will continue to encourage
other investors to take advantage
of the investment opportunities
we believe Ghana has to offer.”
Renaissance Group is an independent
group of unified finance, investment
and management companies
specialising in creating value
in high-opportunity emerging markets.
The Group consists of investment
banking, asset management,
A recent article published by Africa.com
has cited Accra as the second most livable
city in Africa.
Accra, Ghana’s capital city currently has
an urban population of approximately 2.4
and as a result of its proximity has in recent
times become a vacation destination
for nationals of several neighbouring
countries including Nigeria and Ivory
Coast.
Over the last few decades Accra, has
seen rapid growth in development, infrastructure,
real estate and tourism. The
merchant banking and consumer
credit.
Through its subsidiary Rendeavour
Ltd., Renaissance is one of the
foremost urban land developers in
Africa, managing almost 10,000
hectre portfolio of urban residential
and commercial real estate developments
across the continent.
In Ghana, Rendeavour is investing
in world-class infrastructure to develop
visionary urban living environments
that will redefine Ghana’s
urban landscape. Rendeavour
is building two new cities in the
Greater Accra and Western regions
of Ghana. In connection with this,
the company has acquired approximately
2,000 acres of land in the
Western and Greater Accra regions.
This explains the construction
of large-scale urban developments
outside the centres of Ghana’s
busiest cities will ease the
burdens of urbanization and promote
new growth.
Accra Ranked Second Most Livable Place In Africa
capital city serves as the nation’s economic
and administration hub and boasts
of a booming economy, fun-filled social
activities and availability of vast array of
goods and services.
As a central tourism and cultural point,
Accra, has a number of night clubs, hotels,
restaurants, a major mall, a National
Theatre and much more. The city hardly
goes to sleep and is constantly bustling
with various activities. It is therefore no
wonder that it scored second on the African.com
most livable places.