Africa’s evolving economic environment is producing strong stocks in a number of sectors
Reposted from Standard Digital
African investment funds have grown nearly five times in value in the past six years and are attracting new forms of capital, from local pension money to sovereign wealth funds.
Conflicts are still making the news and corruption remains a concern. Elections in Kenya next month and a probable vote in Zimbabwe in July are also stoking unease.
But investors have worked out that economies and markets vary widely in this large continent, and that businesses can carry on through difficult political times. More…
