Emerging Market Investors: Don’t Miss the Africa Opportunity

Investors are increasingly looking for good opportunities to back tech innovators, consumer goods providers, real estate firms and other companies based in emerging markets. Many are eyeing China, Brazil and India – but there are compelling reasons why investors should look to Africa, states Joseph Rutakangwa, co-founder and CEO of Rwazi. With domestic financial markets still roiled by high-interest rates and hit-or-miss corporate earnings, many investors will look to emerging markets this year for returns that have been elusive on Wall Street. But one of the world’s top banks is warning investors not to buy indiscriminately, as opportunities vary widely region by region. It’s probably never a good time to buy anything indiscriminately, and luckily, there is no reason to do so in this era of increasing data availability. Investors can look before they leap — and this is exactly what they are doing. Scouting various corners of the globe for the most compelling opportunities, the same names come up repeatedly: China, Brazil, India and Vietnam. These countries have promising political and business narratives that suggest well-run companies based in these regions will prosper in the months and years ahead. But a name that comes up far less often […]

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