RealClearMarkets - The Final Frontier for Investing: Sub-Saharan ...

In popular culture, sub-Saharan Africa may still conjure images of conflict and poverty, yet investors from Wall Street to Main Street are taking a decidedly rosier view. Africa's surging growth is now well known -- the region is home to six of the 10 fastest-growing economies in the world. "Never in the half-century since it won independence from the colonial powers has Africa been in such good shape," gushed a recent special report in The Economist.

If you had jumped on this bandwagon in 2012, you too would be an Afro-optimist. Investors may be thrilled that the S&P 500 index rose a cheery 13 percent in 2012 and is up another 8 percent this year -- but this pales next to Nigeria's stock market, which spiked 35 percent last year and is up another 18 percent so far this...

TAGGED: Africa, Investing, Ross Thuotte, Todd Moss

Source: http://www.realclearmarkets.com/2013/03/26/the_final_frontier_for_investing_sub-saharan_africa_138728.html

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