As one of Africa’s most politically stable and economically successful countries, Botswana provides an excellent place for investors to make their first foray into the continent.

A few small-cap African stocks posted big returns in 2011. That’s all fine and good. But investing is all about predicting future gains – not admiring past ones.

Where should investors be looking for stellar performance in 2012? I’ve been strolling through the Sub-Saharan markets and am putting together a few ideas. Here are a couple intriguing opportunities on the Botswana Stock Exchange.

Last week, we took a look at sub-Saharan Africa’s top-performing stocks of 2011. Zimbabwean firms dominated the list. In light of this, I thought it might be helpful to run through the details of actually buying and selling stock on the Zimbabwe Stock Exchange.