@davyjones
When you group by, the first parameter is your source table. The second to x-1 parameters are the fields you want to group on. In your case, only one - "Region". The last parameter is the name of the column you want to create in your result table that will contain all the records that match the group criteria. So, in your case, the _country column will contain all the records that match a distinct Region. It would be 1 to x number of records in that _country table.
SO..,.you don't want to rename the _country column as it will be a table. It is the column of that table that you want to rename.
Your allowed values would specify the table of Value records you want.
Anyway, your formula on the first Allowed Values property is good.
The second one should be:
RenameColumns(DrpRegion.Selected._country, "<nameOfColumnYouWantInYourListHere>", "Value")