
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.
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.
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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
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