Renaissance Has Big Hopes for African Expansion

LAGOS, Nigeria — Renaissance Group, an emerging-markets group of investment companies, plans to make more investments in Africa as the value of its assets in the world’s poorest continent climbs to more than $1 billion, chief executive Stephen Jennings said. “We’ll invest several more billions in the coming years,” he said in a telephone interview from Lagos, Nigeria’s commercial capital, where Renaissance organized an Africa investment conference. “The […]