While its political and economic problems are clear, a closer look at Africa can unearth some significant opportunities. Paul Clark, African equities specialist at Ashburton, explains.
Many investors looking at Africa from a high level consider the risks - both political and economic - too large for comfort and too difficult to understand. As such, it is often termed the "dark continent". However, the past decade has shown that African economies (there are 54 different countries) are starting to emerge from their post-colonial hiatus. Apart from South Africa (which is a rather developed emerging market), the continent could largely be termed early-stage emerging, albeit that each country is at a different level of political and economic maturity. As these economi...
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