About Us
Building Africa’s Cities of the Future
Rendeavour is Africa’s gold-standard new city builder, transforming over 12,000 hectares (30,000 acres) across Nigeria, Kenya, Ghana, Zambia and the Democratic Republic of the Congo into vibrant, sustainable urban environments. Our cities – many Special Economic Zones or Free Trade Zones – are designed to be practical solutions to overcome the infrastructure deficits, congestion and poor planning and controls plaguing existing African cities.
By creating expansive, integrated live-work-play communities, we foster economic growth, job creation and inclusive housing solutions. With our city master plans, we are committed to creating predictable, safe and inclusive environments while ensuring long-term sustainability and innovation. Built in phases, Rendeavour developments are typically 1,000 hectares (2,500 acres) or larger and are long-term projects with 50-year investment horizons.
Our Values
We build Africa`s cities with purpose, integrity and long-term responsibility. In environments that demand resilience, innovation and partnership, our values shape every decision we make, every community we design and every relationship we build.
Purpose
We exist to shape sub-Saharan Africa’s urban future by developing vibrant, well-planned new cities. This mission demands an entrepreneurial spirit, relentless dedication and a willingness to go the extra mile over many years. By insisting on innovation, excellence and absolute reliability in everything we deliver, we create lasting value for our stakeholders and set the benchmark for quality in our markets.
Character
Our strength lies in a resilient, collaborative team that puts collective goals ahead of individual agendas. We prepare rigorously, embrace constructive debate and remain proactive, accountable and unflinching in the face of challenges. Fairness, honesty and meritocracy guide every decision, and we prize diversity, attention to detail and professional courtesy as hallmarks of how we operate.
Humility
In a complex, unpredictable environment, we plan for setbacks and respond with calm focus when they arise. Recognizing that we never have all the answers, we invest continuously in learning from partners and in developing our people. We celebrate success without ego, keep our feet on the ground, and show unwavering respect and empathy for our host countries, partners, clients and each other.
Rendeavour Fast Facts:
Rendeavour Timeline
The journey began in Russia and Eastern Europe in 1992 with several of Rendeavour’s principles playing pioneering and market leading roles in the establishment of the region’s capital markets and other industries. International growth ultimately leads to major expansion into Africa starting in 2006. In 2008, Rendeavour was founded as Africa’s new city builder. Today, the company is transforming over 12,000 hectares (30,000 acres) across the continent into vibrant, sustainable urban environments that solve infrastructure challenges, foster investment, create jobs and drive socioeconomic development.
1992
Working for Credit Suisse First Boston, Stephen Jennings advises the Russian government on privatisation, completing landmark deals in the former Soviet Union’s transition to a market economy.
1995
Stephen Jennings co-founds Renaissance Group which builds Renaissance Capital as the dominant investment bank in Russia/CIS and other emerging markets. Between1995-2012, Renaissance Capital is responsible for more than USD 200 billion in investment flows to Russia and 22 other global emerging markets.
1998
Renaissance Group builds very large market leading business in asset management, consumer finance, forestry and agriculture.
2006
Renaissance Group rapidly becomes the most active investment bank in Sub-Saharan Africa and expands its investments across the region through investment banking and financial services, commodities, and large-scale nature conservancy projects.
2008
Rendeavour is founded as Africa’s largest new city builder, starting with the acquisition of land for Tatu City, Kenya.
2009
Rendeavour invests in Roma Park in Lusaka, Zambia.
2011
Rendeavour acquires land for Kiswishi in Lubumbashi, DRC.
2012
Rendeavour acquires land and forms partnership with tribal stools for Appolonia City and King City, Ghana. Stephen Jennings divests all Russia and former Soviet assets to focus on sub-Saharan Africa.
2017
Rendeavour partners with Lagos State Government to launch Alaro City in Nigeria after five years of preparation and structuring.
2025
Rendeavour celebrates 17 years since its foundation, with more than 200 businesses and over 7,000 residents and 50,000 jobs in its cities – a collective investment value of over USD 5 billion.