TheBlackList Pub

For All Points-Of-The-View.

Kenya: Rendeavour, Africa's largest urban land developer sponsors Global Entrepreneurship Summit, featuring Prez Obama, July 25-26

Rendeavour sponsors Global Entrepreneurship Summit

Africa's largest urban land developer is partner in US Government initiative in Nairobi

Rendeavour, Africa's largest urban land developer, announced today its support for the Global Entrepreneurship Summit (GES), which will feature US President Barack Obama and will be held in Nairobi on 25-26 July. The GES will take place just a short distance from Tatu City, Rendeavour's flagship project to bring affordable, middle-class housing and jobs in a mixed-use planned community on the outskirts of the Kenyan capital.

"The African entrepreneurs represented by the GES are the future residents of Tatu City and Rendeavour's other development projects around the continent," said Frank Mosier, Rendeavour's lead American investor. "As an American investor in Africa, I am pleased to see the US government recognize Africa's growing middle class and entrepreneurial drive. It's in that spirit that we are proud to be an official sponsor of the GES."

In addition to Rendeavour's commitment as a top-level sponsor alongside the likes of Google, Coca-Cola and Ernst & Young, the company will participate in the GES' Women + Youth day – a high-level conversation about mobilizing this significant demographic in the developing world. Rendeavour also will serve as an adviser to participating African entrepreneurs on matters related to financing entrepreneurship, and attracting venture capital and private equity, as well as how best to address challenges in entrepreneurship.

Rendeavour's participation in GES comes on the heels of the company's construction kickoff of Tatu City's first residential phase, Kijani Ridge, a major investment milestone in Kenya. An event marking the occasion last Saturday was attended by Kenya's Cabinet Secretary for Foreign Affairs and International Trade Amina Mohamed, US Ambassador to Kenya Robert Godec and Kiambu County Governor William Kabogo. When completed, Tatu City will be home to more than 70,000 residents and 30,000 day visitors; it will create tens of thousands of jobs during its 20-year, phased development.

In addition to Kenya, Rendeavour is actively developing mixed-income, mixed-use properties in NigeriaGhanaZambia and theDemocratic Republic of Congo. As one of the top foreign investors in Africa, Rendeavour and its partners are making $1.8 billion in investments to develop more than 30,000 acres of land outside seven major cities. All told, 490,000 primarily middle-income Africans (homes starting at $25,000) will live in those developments, which will also host 210,000 visitors daily. Hundreds of thousands of permanent and temporary jobs – many of them going to entrepreneurs – will be created over the project lifetimes.

About Tatu City (www.tatucity.com)

Tatu City is a 2,500-acre, mixed-use and mixed-income development with residential, commercial, industrial, tourism, social and recreation amenities for more than 70,000 residents and 30,000 day visitors. Underlying Tatu City's design is a visionary concept aiming to shift urban development in Kenya from the familiar single node model to a decentralized urban environment. By doing so, Tatu will significantly de-congest the City of Nairobi by offering a unique live, work and play environment.

About Rendeavour (www.rendeavour.com)

Rendeavour is Africa's largest urban land developer with over 30,000 acres of visionary projects in the growth trajectories of large cities in KenyaGhanaNigeriaZambia and Democratic Republic of Congo. Rendeavour's vision goes beyond alleviating what is a self-evident problem – that of stifling urban congestion and a dearth of quality housing and commercial property in Africa. Rather, we aim to help create the infrastructure – the living and working spaces, communities, schools and hospitals – that will help sustain and accelerate Africa's economic growth, meet the aspirations of Africa's burgeoning middle classes, and serve as a catalyst for further urban development.

Contact

Tim Beighton
tbeighton@rendeavour.com
+234 (809) 400-0065

SOURCE Rendeavour
NAIROBI, Kenya, July 15, 2015 /PRNewswire/ --

RELATED LINKS
http://www.rendeavour.com

Views: 106


Donations Accepted

Discussion Forum

South Africa: Constitutional review committee extends closing date for submissions on LAND by two weeks

Started by TheBlackList-Publisher May 11. 0 Replies

The Joint Constitutional Review Committee today met to discuss its programme for the public participation process on the review of Section 25 of the Constitution and resolved to extend the closing date for written submissions to 15 June 2018.The…Continue

South Africa: Promoting Industrialisation, Sustainable Economic Growth and Transformation Key to Increasing Participation of Black Industrialists

Started by TheBlackList-Publisher May 7. 0 Replies

Promoting industrialisation, sustainable economic growth and transformation are key to increasing participation of black industrialists in the main stream economy of this country. This was said by the Deputy Minister of Trade and Industry, Mr…Continue

One5 Foundation and NueHealth Holdings Announce Completion of Phase Two for Malawi Birthing Center

Started by TheBlackList-Publisher Apr 19. 0 Replies

One5 Foundation, in conjunction with NueHealth Holdings, is excited…Continue

A Saturday Morning in Nigeria

Started by Joyful Living Coaching Mar 28. 0 Replies

By…Continue

“Africa is now the place to be”: African Development Bank President calls for partnerships to accelerate development

Started by TheBlackList-Publisher Nov 14, 2017. 0 Replies

- The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for more partnerships to accelerate development of the African continent.“Africa is now the place to be,” he told businessmen and representatives of the…Continue

Hate Speech In Nigeria: Military, PAMED and Social Media Monitoring In Nigeria

Started by TheBlackList-Publisher Sep 1, 2017. 0 Replies

By Emmanuel Udom | In recent time, reports on hate speeches in Nigeria have hit the print and electronic media as well as the social media. Tension…Continue

Events

© 2018   Created by KWASI Akyeampong.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video

= = http://theblacklist.net/