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3/10/2009
Renaissance Capital named “Best New African Investment Bank”
London, March 10, 2009 - Renaissance Capital has been named “Best New African Investment Bank” by London-based EMEA Finance magazine.

The prestigious award recognizes Renaissance Capital’s rapid build-out over the last two years of a world-class investment banking platform across sub-Saharan Africa. Over that time, Renaissance has established leading investment banking franchises in Nigeria, Kenya and Zimbabwe and acquired stakes in market-dominant brokerages in Ghana and Zambia.

“I am delighted that Renaissance Capital’s achievements in Africa have been honored with the Best New African Investment Bank award by a reputable finance magazine,” said Andy Lowe, Renaissance Capital Africa CEO. “Our team has worked hard to build the dominant sales and trading, equity and debt capital markets, research, and M&A advisory businesses in all our markets across the continent, leveraging on our global emerging markets platform. We are proud to see these achievements recognized.”

Rotimi Oyekanmi, Lagos-based West Africa CEO for Renaissance Group, added: “The Firm’s approach is to build a local African investment bank in all the markets where we operate, and our employees live and work in these markets and are mostly from these markets. These have been the keys to our success.”

Renaissance Capital has been recognized with several other important awards since launching its African business. African Banker magazine ranked Renaissance Capital “Best Investment Bank in Africa” in 2008 and Africa Investor magazine rated Renaissance Capital’s research team #1 across the continent in its most recent rankings.

Published in London six times a year, EMEA Finance magazine is a source for financial professionals working the in the Europe, Middle East and Africa (EMEA) region.

Renaissance Capital Africa is a leading investment banking firm in Nigeria, Kenya, Zimbabwe, Ghana and Zambia. The Firm has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research and derivatives. Renaissance Capital is part of the Renaissance Group.

Renaissance Group is an independent group of investment banking, asset and wealth management, merchant banking, and consumer finance companies specializing in high-opportunity emerging markets. Renaissance Group operates in Russia, Ukraine, Kazakhstan, the United Kingdom, the United States of America, Cyprus and Sub-Saharan Africa.
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