Investing in Africa

China’s market is getting harder and harder to understand; if they are in a bubble and how long it will last, or if there will be a correction and when, is a major topic with the coming Olympics. So I thought I would move the topic to another area. While there have been huge amounts of FDI in Asian countries, especially China, most people have been overlooking Africa. Global FDI levels for 2006 put Africa at 2.7% with investments equaling $36 billion.

Africa is in its growing stage. Africa’s GDP is expected to grow by 6.2% in 2007 according to the IMF which means it would grow faster then the world economy. Ghana’s stock market was even the world’s third best performing market last year, and Egypt topped that list. Africa is so filled with investment opportunities with a growing infrastructure, many more businesses will be able to begin operating in Africa. This is without even mentioning the abundance of natural resources spread across Africa.

There are already some opportunities to invest in Africa right now through ETF’s such as EZA, and GAF. Both have been increasing over the past year. Do some research and this may seem like a good opportunity for you. This could be a good spot to hedge against the U.S. markets.

Hello, my name is Alex kagin and I am a student at American University and will graduate in '09. Ever since a young age I have been interested in the stock market and followed what was going on in the business world. Last summer I worked as an intern at Wachovia Securities and learned more about the market then ever before. I am on an ultimate frisbee team, and play golf in my spare time.

Thursday, Nov. 8, 2007 by Alex

Related Articles

1 Comment Add your ownSubscribe

  • 1. Adam  |  December 6th, 2007 at 4:30 pm

    Hey, Alex.

    interesting article, you’re right about africa being in the growing stages, the potential for africa is huge and many people don’t realize it. i’m also a college student in the U.S and i’m trying to start a startup company focusing on africa and india. contact me for more info please. amuminsson@gmail.com

Leave a Comment

Required

Required, hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Subscribe without commenting

Trackback this post  |  Subscribe to the comments via RSS Feed


Join our mailing list now:

Check it Out

Financial Web - The Independent Financial Portal
Know the best credit cards for bad credit? Looking for the cheapest cash-advance loans? Interested in FOREX trading?

Calendar

November 2007
M T W T F S S
« Oct   Dec »
 1234
567891011
12131415161718
19202122232425
2627282930  

Most Recent Articles

Business Blog Top Sites
Moo!