South Africa gets a bit less attention today than it did in the heady days leading up to the World Cup. But investors would do well not to let the country fall off their radar. Why? No other country is as widely engaged in the Sub-Saharan economy than South Africa. The country’s economic growth has […]
It’s difficult to overstate the impact that the cellular phone has had on African economies. The continent’s landline networks are sparse and costly to extend. So, without telephones, most business was negotiated face-to-face. When the first wireless companies set up shop in the mid 1990s, they couldn’t expand quickly enough to meet the pent up […]
Last week, we took a look at an Africa-focused exchange traded fund. Funds of this sort provide US investors with a convenient entry to African markets. No muss, no fuss. Unfortunately, most of the stocks that comprise these funds don’t trade on the NYSE or Nasdaq. They trade on their local exchanges or in Europe. […]
Investing directly on an African stock exchange is an intimidating prospect for someone located an ocean away. It’s a scary thing to send your hard-earned dollars to an unfamiliar place, especially a place that we’ve been conditioned to see as chaotic and corrupt. When this prejudice is compounded by stacks of paperwork or unhelpful brokers, […]
Investing in African stocks strikes many investors as impractical or foolhardy.
Here are a few reasons why it’s the first place I look for investment bargains.