CONTENTS

OUR FOOTPRINT 1INCREDIBLE AFRICA 4URBAN AFRICA 6MISSION, VISION & OPPORTUNITY 8RENDEAVOUR MODEL 10OUR DEVELOPMENTS 12TATU CITY 14ROMA PARK 16APPOLONIA 18KING CITY 20LEKKI 22JIGNA 24KISWISHI 26GIVING BACK 28COMMUNITIES 30CONSERVATION 32EDUCATION & HEALTH 34OUR TEAM 36OUR OFFICES 37

OUR FOOTPRINTThe increase in demand for African urban infrastructure is relentless and accelerating. Urbanisation is one of the most powerful contributors to Africa’s dramatic regeneration, but also creates its own challenges in terms of overburdened infrastructure, massive housing shortages and congested, low-tech industrial zones. A large-scale, strategic approach is essential to meet the continent’s growing and ambitious urban population and modernising industrialists.

With a land portfolio of over 12,000 hectares (30,000 acres), Rendeavour is one of Africa’s foremost urban land developers, with a focus on Kenya, Zambia, Ghana, Nigeria and the Democratic Republic of Congo. Moreover, we are the only player with the vision and resources to undertake multiple city-scale developments across Africa.

“URBANISATION IS ONE OF THE MOST POWERFUL CONTRIBUTORS TO AFRICA’S

DRAMATIC REGENERATION.”

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Democratic Republic of

CongoKenya

Nigeria

Ghana

Zambia

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4

5

6

7

LOCATIONS

GHANA 1. King City

2. Appolonia

NIGERIA3. Lekki4. Jigna

DEMOCRATIC REPUBLIC OF CONGO

5. Kiswishi

KENYA6. Tatu City

ZAMBIA7. Roma Park

“WITH A LONGER-TERM COMMITMENT TO AFRICA

THAN ANY OTHER INTERNATIONAL URBAN

LAND DEVELOPER, WE HAVE WITNESSED FIRST-HAND THE

CONTINENT’S ECONOMIC TRANSFORMATION OVER THE

PAST 15 YEARS.”

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INCREDIBLE AFRICASub-Saharan Africa is one of the fastest-growing economic regions in the world and one of the few where growth is accelerating.

6% economic growth in Africa has averaged nearly 6% over the last 15 years, its fastest since independence.

$20,000 the annual income for more households in Africa than in India.

$1.4 trillion forecast consumer spending in Africa in 2020.

15 countries globally with the largest percentage increase in life expectancy have all been African.

12/25 of the fastest-growing economies are in Africa.

5 of 10 African countries among world’s fastest reformers in World Bank survey.

One in four people on the planet that will be African by 2050.

11% of Africa’s population hold mobile banking accounts, twice that of any other region.

18 years the average age of an African.

1.1 billion the working population of Africa by 2040 – more than China or India.

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10

GDP GROWTH

COUNTRIES

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6%11%

5 of 10

15

5

107

68

2

4

3

9

“AFRICA’S GDP IS SET TO GROW AT A RATE

THAT IS UNPARALLELED ANYWHERE IN THE

WORLD, INCLUDING CHINA AND INDIA.”

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the population increase that Nairobi, Kinshasa, Luanda, Addis Ababa and Dar es Salaam will see

in the next 15 years.

the expected populations of Lagos and Kinshasa in 2025.

LAGOS KINSHASA

the number of people living in Africa’s cities is expected to triple over the next 40 years.

of the world’s forecast 3bn population growth by 2100 will be in Africa (with the

remaining 1/3 in Asia).

2/3rds

projected rise in Africa’s urban population by 2050 – making it the most rapidly urbanising

region on the planet.

URBAN AFRICA“THE AVERAGE AGE OF

AFRICANS IS JUST 18 YEARS, COMPARED WITH 32 FOR THE BRIC ECONOMIES.”

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Africa is the least urbanised region in the world, and the most rapidly changing. Population expansion and economic growth are combining to drive rapid urbanisation, as people move to Africa’s cities in search of work and a different lifestyle. Urbanisation is defining Africa’s demographic future. History has shown that urbanisation both accompanies and facilitates economic transition from agriculture to manufacturing and services, activities that tend to demand clusters of labour and capital, as well as proximity to other firms that cities provide.

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Historically, when people have thought about Africa they have tended to focus first on its scale, and then on the extent of its problems. Rendeavour has always taken a different perspective. With a longer-term commitment to Africa than any other international urban developer, we have witnessed at first-hand the continent’s economic transformation over the past 15 years. For those who can see beyond history, Africa’s massive size cries out for large-scale, transformative solutions to urban development that are rarely applicable elsewhere. Similarly, the extent of Africa’s historic problems today translates into unparalleled pent-up, but viable, demand for all classes of urban infrastructure and real estate.

Rendeavour is an enterprise born out of both our recognition of Africa’s

urgent need to address its infrastructure deficit and real estate needs, and also of the commercial viability and attractiveness of doing just that.

But our vision goes beyond alleviating what is a self-evident problem of stifling urban congestion and a dearth of quality housing and commercial infrastructure. Rather, we aim to help create the urban environment – the living and working spaces and communities – that will help sustain and accelerate Africa’s economic growth, meet the aspirations of the burgeoning middle classes, and serve as a catalyst for further urban development.

In doing so, Rendeavour has learned through hard experience to shun utopian models of urban development favoured by some outside “experts”. Rather, we endeavour to create urban templates that are as

responsive as possible to the social and economic needs, capabilities and aspirations of local communities.

Rendeavour, working in partnership with world-class professionals, local developers, governments and local communities, is creating large-scale, mixed-use and mixed income satellite cities. Our developments are designed as integrated live-work-play urban environments, free of the infrastructure deficits of adjacent city centres. They act as catalysts for growth along the corridors that connect them to the main city, and ease the pressure on existing highly-congested urban and transport infrastructure.

Stephen Jennings, Founder & CEO

Rendeavour is Africa’s Urban Future.

An economic transformation is taking place that is global in scale and scope.

Nowhere is this more evident than in Africa, where the opportunity is bigger than anywhere else. This is not because Africa is different, but because the potential for catch-up and convergence is greater, and is likely to be realised more rapidly.

MISSION, VISION & OPPORTUNITY

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Rendeavour’s defining strength is the ability to transform large-scale raw land in areas of urban growth, into fully planned cities or towns with all bulk infrastructure in place. To each project, we bring our expertise in land security, master planning, permits, bulk infrastructure planning and installation, and community relations.

The scale and quality of Rendeavour’s projects provide the ideal environment for a full range of urban developments. By catalysing modern, large-scale residential, retail, logistics and light industrial solutions, Rendeavour is transforming Africa’s urban environments, and building a foundation for the continent’s future generations.

LANDRendeavour acquires large-scale land blocks with secure land title in key urban growth corridors.

OWNERSHIPWe re-zone the land for development, obtaining all relevant permissions.

ZONING/MASTER PLAN Working with world-class urban growth experts, we create a master plan for market and community-led development.

INFRASTRUCTURE We procure and install all bulk infrastructure: delivering water, power, roads, lighting, sewerage and recreational areas.

SELL/DEVELOPWe build residential, commercial, retail and industrial areas, either in partnership with developers or on our own.

LIVE, WORK, AND PLAYThe result – an entirely new and modern city providing a standalone live-work-play environment.

RENDEAVOUR MODEL

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OUR DEVELOPMENTSCREATING AFRICA’S URBAN FUTURE

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DEVELOPMENT Tatu City

LOCATION Nairobi, Kenya

WEBSITE www.tatucity.com

“STRATEGICALLY LOCATED IN THE GROWTH PATH OF

BOOMING NAIROBI.”

RENDEAVOUR INSIGHT• Tatu City is a ground-breaking

2,000-hectare live-work-play development, 24 km outside central Nairobi, with potential to house more than 200,000 residents.

• Strategically located in the urban growth trajectory of rapidly expanding Nairobi.

• Flagship private sector project and part of Kenya’s Vision 2030 national blueprint.

• 30 minutes from Nairobi City Centre, 5km off the Thika Highway and 2km from the intersection of the Northern and Eastern Bypasses.

• Infrastructure deployed includes water, sewerage, electricity and roads.

• Strong sales in residential phases.

• Kenyan, East African and multi-national companies are relocating to Tatu Industrial Park to build world-class manufacturing facilities to meet expansion plans.

AREA PROFILENairobi’s strategic role as the geographic, commercial and financial hub of East Africa provides the lasting foundation of its rapid economic and industrial growth. Kenya’s buoyant economy is supported by infrastructure spending, strong consumer demand, and a growing services sector.

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DEVELOPMENT Roma Park

LOCATION Lusaka, Zambia

WEBSITE www.romapark.co.zm

“LOCATED IN THE HEART OF LUSAKA, ROMA PARK HAS BECOME A PREMIER

DESTINATION FOR RESIDENTS AND VISITORS.”

RENDEAVOUR INSIGHT• Roma Park is a 120-hectare

mixed-use development located in Lusaka, Zambia.

• The land was acquired in 2010, and residential sales were launched in 2011. By 2016, the residential areas sold out and commercial zone were over 50% sold.

• Access via a high-quality asphalt road. Bulk infrastructure completed with internal asphalt roads and 22 km of sewer piping, lighting and water.

• Located in the heart of Lusaka and possessing a premium attraction point with the Retreat restaurant and conference centre at Roma House, Roma Park is seen as the premier development in Lusaka.

AREA PROFILEZambia’s population is expanding rapidly. With 35% of its inhabitants living in urban areas, and most of them in Lusaka, Zambia is one of the most urbanised countries in Sub-Saharan Africa. This puts tremendous pressure on its dilapidated infrastructure.

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DEVELOPMENT Appolonia

LOCATION Accra, Ghana

WEBSITE www.appolonia.com.gh

“IN THE PATH OF ACCRA’S NATURAL

GROWTH CORRIDOR AND CLOSE TO KEY

TRANSPORT ARTERIES.”

RENDEAVOUR INSIGHT• Appolonia is a 941-hectare mixed-

use land development located on the outskirts of Accra, in partnership with the local community and stool.

• The development is around 20 km from Accra’s Central Business District, 22 km northwest of Tema, Ghana’s industrial hub and around 20km from Kotoka International Airport.

• The project is a live-work-play environment offering various land uses such as residential, retail, light industrial, leisure and commercial plots, with good infrastructure and development control.

• A private community development of this scale and size is the first of its kind in Ghana.

• Bulk infrastructure includes electricity, water, sewerage and roads.

• Sales of residential and industrial phases are progressing with strong demand.

AREA PROFILEAccra, the capital of Ghana, has a population of 4 million and is growing at an annual rate of 2.6%. Foreign direct investment in Ghana and the wider region remains robust. Annual GDP growth in 2015-2017 is expected to out-pace the Sub-Saharan African average. Ghana remains one of the strongest and most stable democracies in Africa.

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DEVELOPMENT King City

LOCATION Takoradi, Ghana

WEBSITE www.kingcity.com.gh

“KING CITY IS NEAR THE ONSHORE ACCESS POINT

FOR GHANA’S OIL AND NATURAL GAS.”

RENDEAVOUR INSIGHT• King City is a 1,000-hectare mixed-

use land development in the Western Region of Ghana, an area that will accommodate residential and commercial growth associated with the region’s mining and energy sector boom.

• Situated near Takoradi Harbour, King City sits in the growth path of Takoradi and the region’s burgeoning trade routes.

• King City is 10 km from the Sekondi and Takoradi Central Business Districts and only 5 km off the Accra-Ivory Coast Highway.

• Takoradi Commercial Harbour, the second largest in Ghana, is located 10 km from the site.

• The King City development is in partnership with the local community and stool.

AREA PROFILEAs the onshore access point for Ghana’s oil and natural gas fields, Takoradi is the third largest city in Ghana. The discovery and development of major oil fields just 60 km offshore is transforming the regional capital into a booming metropolis.

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DEVELOPMENT Lekki City

LOCATION Lagos, Nigeria

“THE LEKKI REGION IS ONE OF THE MOST DYNAMIC GROWTH

AREAS IN NIGERIA.”

AREA PROFILENigeria is expected to be the fourth most populous country in the world by 2050. Lagos is the country’s commercial capital and nerve centre. The Lekki region is one of the most dynamic growth areas in Lagos State, with potential to accommodate approximately 3.4 million residents. Government development plans include a new international airport, deep sea port and Free Trade Zone.

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RENDEAVOUR INSIGHT• Lekki City is a 1,000 hectare

development located within the North West Quadrant of the Lekki Free Zone, the largest free trade zone in West Africa.

• The site is adjacent to the approved location for the proposed Lekki International Airport, in close proximity to the deep sea port and a number of planned industrial developments, including Dangote Industries’ $11 billion refinery and fertilizer complex.

• The Rendeavour project is created as a joint venture with the Lagos State Government.

• Rendeavour is responsible for project financing and creating a mixed-use project, similar to that of others in the portfolio.

“OFFERS UNPARALLELED VIEWS OF THE CITY CENTRE AND THE

SURROUNDING HILLS.”

RENDEAVOUR INSIGHT• Ideally positioned in close proximity

to Abuja’s Central Business District and the Three Arms Government Zone, 6 km from Maitama – one of the wealthiest districts in Nigeria – and 1 km from the Outer Northern Expressway.

• A unique and exclusive site, well positioned in the scenic hills of North Abuja.

• Surrounded by the city’s Katampe Diplomatic Area to the south and the Usuma Dam to the north, the site offers unparalleled views of the city, the waters of the Usuma reservoir and the surrounding hills.

• Environmental Impact Assessment approved by the Abuja Environmental Protection Board. Electricity infrastructure solution approved by the Abuja Electricity Distribution Company. Master plan approved.

AREA PROFILEFollowing the relocation of the country’s capital to Abuja in 1991, the city has seen a large influx of national and international migrants, businesses and government structures. Abuja, which was purpose-developed with high quality planning and infrastructure, has a large proportion of higher-income demographic groups. Its economic prosperity has helped it achieve high, prolonged and stable population growth rates, with the city population expected to reach almost nine million by 2025.

DEVELOPMENT Jigna

LOCATION Abuja, Nigeria

WEBSITE www.jigna.com.gh

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DEVELOPMENT Kiswishi

LOCATION Lubumbashi, DRC

WEBSITE www.kiswishi.com

“THE CAPITAL OF THE COUNTRY’S COPPER

PRODUCING REGION.”

RENDEAVOUR INSIGHT• Kiswishi comprises of over 4,400

hectares of land in close proximity to Lubumbashi.

• Located just 5 km from Lubumbashi International Airport, Kiswishi is also just 10 km from Lubumbashi’s centre.

• A high-level master plan has been completed for the entire site, including a detailed local plan for the initial 284 hectares closest to Lubumbashi.

• Early works, including an access road, have been completed.

• Deployment of bulk utilities are currently ongoing and include roads, storm water drainage systems, electricity and water.

• With the asphalt access road complete, sales are now open for Phase 1 of this mixed-use development.

AREA PROFILEDemocratic Republic of Congo’s second-largest city, Lubumbashi, is the capital of the copper-rich Katanga province. Since 2000, Democratic Republic of Congo’s GDP has grown by 8% and Lubumbashi’s population has expanded by more than 50% – to over 1.5 million. Lubumbashi is the twelfth fastest-expanding city in the world, with annual population growth of more than 4%.

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GIVING BACK“WE STRONGLY BELIEVE THAT WE ARE PRIVILEGED TO LIVE AND WORK IN SUCH A BEAUTIFUL AND DYNAMIC CONTINENT. WE WANT TO USE OUR POSITION AND SKILLS TO HELP IT THRIVE AND GROW.”

CORPORATE SOCIAL RESPONSIBILITY Just as Rendeavour is dedicated to its work in Africa’s most exciting markets, we are committed to the people for whom these lands are home. Our philanthropic and employment initiatives are driven by a strong commitment to corporate social responsibility, which takes the form of both direct corporate funding and volunteer programmes by Rendeavour employees. As with our commercial endeavours, our CSR activities are community-led and do not impose ideas or systems from the outside.

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COMMUNITIESRendeavour aims to facilitate the positive transformation of Africa. While we are principally focussed on infrastructure and the conversion of usable land, we also believe that environmental protection and community investments are critical to self-sustaining and balanced transformation. Long-term economic development will only be self-sustaining, and therefore demonstrably successful, if humans and the environment are equally valued.

Rendeavour recognises that its development projects can have both a positive and negative impact on communities in the development areas. We strive to minimise influence on environment and communities through a combination of the development’s provision of jobs and higher incomes to residents, and social investment in the community.

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“THE LOWVELD RHINO TRUST IS ONE OF THE MOST SUCCESSFUL AND INTERNATIONALLY RECOGNISED RHINO CONSERVANCY PROJECTS IN THE WORLD.”

CONSERVATIONRendeavour’s unique partnership with Lowveld Rhino Trust is creating a global model for conservation finance and sustainable wildlife management.

The Lowveld Rhino Trust, established in 2008, is one of the most successful and internationally recognised rhino conservancy projects in the world. Working with conservancies that are home to key black rhino populations, including the third-largest in the world, Lowveld Rhino Trust strives to maintain annual rhino population growth rates of up to 10% per year, through hands-on rhino management and intensive monitoring.

Lowveld Rhino Trust is associated with a number of high-profile donor organisations, including the International Rhino Foundation and the World Wildlife Fund. In 2014, WWF recognised the success of Lowveld Rhino Trust’s conservation programme as the first of ten global species conservation achievements.

The trust is also active in community outreach programmes to support conservation efforts. It provides school materials and rhino awareness education to 143 schools, reaching over 50,000 students.

Rendeavour has made a multi-year commitment to Lowveld Rhino Trust, to give it the financial stability to operate at its full potential.

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Image: Sandra van der Steen/Shutterstock.com

EDUCATION & HEALTHWe support schools in our communities, which are an integral part of the future of the children living in the area. From meals programmes, which dramatically increase attendance, to renovations and scholarships, we make long-term investments in community education.

Health centres used by local communities in our development areas are benefitting from our investment to improve facilities and expand the range of medical services offered, working closely with health boards and government health services.

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OUR TEAMRendeavour is managed by the CEO together with a small, agile management team. This consists of centralised functional heads who are responsible for finance, legal, communications, transaction management and project oversight; and country heads who are responsible for in-country origination, relationship management and local office operations, and who play a vital role in facilitating infrastructure roll-out and key development modules.

DEMOCRATIC REPUBLIC OF CONGOSiège Social 12 Avenue des Cyprès Commune Kampemba Lubumbashi

GHANA3rd Floor Grand Oyeeman, Airport Commercial Centre South Liberation Link CT 8045, Cantonments Accra

ZAMBIA609 Zambezi Roma 10101 Lusaka

NIGERIAPier Point, 100 Ajose Adeogun Street Victoria Island Lagos

NIGERIA50 Adetokunbo Ademola Crescent Wuse 2 Abuja

UNITED STATES590 Madison Avenue 21st Floor New York NY 10022

KENYATatu House Off Ruiru Kiambu Road P.O Box 2739-00621 Nairobi

KENYA10th Floor Azure Towers Lantana Road, Westlands Nairobi

UNITED KINGDOM2 Eaton Gate London SW1W 9BJ

OUR OFFICES

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T: +243 996 667 934

E: drc@rendeavour.com

T: +233 275 577 577

E: ghana@rendeavour.com

T: +234 817 687 7381

E: nigeria@rendeavour.com

T: +234 818 281 3070

E: nigeria@rendeavour.com

T: +1 212 446 1776

T: +234 20 513 1000

E: kenya@rendeavour.com

T: +254 20 513 1000

E: kenya@rendeavour.com

T: +44 20 7400 6900

T: +260 211 291 791

E: zambia@rendeavour.com

DISCLAIMERRendeavour does not give any warranty, representation or undertaking, express or implied, of any nature whatsoever including (without limitation) as to the accuracy, reliability, merchantability, completeness, or reasonableness in respect of this publication (the “Brochure”), and each user of this Brochure and its contents will be responsible for making its own decision on the same and shall be deemed to have unconditionally accepted this disclaimer and terms of use in full without any limitation or qualification of any nature whatsoever. Furthermore, Rendeavour shall not be liable for any express or implied warranties or representations of any nature whatsoever arising in relation to this Brochure. Neither Rendeavour, nor any of its shareholder or associated entities, nor any of its or their officers, directors, employees, agents or any other person (collectively “Relevant Persons”), shall be liable for any direct, indirect, intrinsic, extrinsic, special, general, or consequential damages (without limitation) suffered or incurred in relation to the use of information contained or omitted in the Brochure.

This Brochure has been compiled or arrived at based on information believed to be reliable and in good faith and is provided on an ‘as is’ basis. All statements of opinion and all projections, forecasts, or statements relating to expectations regarding future events or the possible future performance of investments represent Rendeavour’s own assessment and interpretation of information available to it currently. Any information relating to past performance of an investment does not necessarily guarantee future performance. Rendeavour is not under any obligation to update, keep current or correct (if required), in any medium, any of the contents of this Brochure, which may be subject to change without notice

Furthermore, this Brochure (and all of the contents): is provided for non-commercial personal use only, for no consideration and for general information purposes only; does not form a fiduciary relationship; is not an advertisement of securities nor independent investment research; and does not constitute and should not be regarded or relied upon as investment advice, financial advice, or any other form of advice. Accordingly, where specific advice is required on a factual situation or other matters covered in this Brochure, such request should be made to relevant independent investment, financial or other advisors. Any reliance you place on information based on this Brochure (and its contents) is therefore strictly at your own risk.

Unless otherwise stated, the copyright and other intellectual property rights in all material in this Brochure (including, without limitation, all photographs and images) are owned by Rendeavour or its licensors, and nothing contained in this Brochure shall be construed as conferring to any person any licence or right to any copyright or other intellectual property rights of Rendeavour or its licensors.

This Brochure (and all of the contents) is not intended for distribution to the public and may be confidential. It may not be copied, reproduced, published, republished, uploaded, posted, transmitted, or distributed in any way, in whole or in part, without the prior written consent of Rendeavour, and the Relevant Persons do not accept any liability whatsoever for the actions of third parties in this respect.

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