Few mutual funds consistently beat the market because their fees tend to counteract any expertise that their managers bring to the table. But if consistent outperformance through active management is possible, it’s most likely to be possible in Africa. Why? Because the continent is arguably home to the world’s most inefficient stock markets. As a […]
I’m a big fan of the folks at Van Eck Global. They’re making frontier stock markets more accessible than ever before. Over the past three years, the money manager has launched exchange-traded funds (ETFs) covering Colombia, Indonesia, and Vietnam. It also set up the most diversified African ETF, the Market Vectors Africa Fund (AFK). Now […]
Setting up African brokerage accounts isn’t a whole lot of fun. In fact, it can be downright tedious. So I try to avoid the process as much as possible and content myself with the ever-expanding universe of South African stocks available in the form of ADRs, ETFs, and OTC listings. But the vast majority of […]
IBM’s presence in Africa dates back more than 50 years, but it’s a much different company now than it was back then. Big Blue has evolved from a computer manufacturer into a one-stop IT solution, well-suited to the African context. Got an inefficient power grid? They can help with that. Is your bank’s computer network slow as molasses? They can fix that, too.
Africa tends to capture the hearts of its guests. It happened to me soon after stepping off an airplane into the chilly mountain air of Lesotho 14 years ago. My three-year sojourn as a volunteer in the country changed me into a certifiable Afrophile. Upon my return stateside, I sought to remain as engaged with […]