Presently everything there is in bear market. Egypt (EGPT) rallied 20% in 5 days on military coup.
http://stockcharts.com/freecharts/candleglance.html?EEM,AFK,NGE,EZA,EGPT,GULF,MES,GAF,EEME,FM,FRN,PMNA|B|P5,3,3
GULF and MES concentrated in Kuwait, UAE and Qatar with different allocation
GAF is Africa+Middle East
EEME is SA+Russia
The only way to get into Mali is AFK.
All these have very high exp ratio.
Welcome addition is Nigeria NGE. If i could invest in their bonds at 15% - that would be nice.
AFK country breakdown:
| Nigeria | 24.84% |
| South Africa | 24.68% |
| United Kingdom | 17.40% |
| Egypt | 14.33% |
| Morocco | 9.87% |
| Canada | 4.00% |
| Norway | 2.56% |
| Kenya | 1.30% |
| Australia | 1.12% |
https://www.youtube.com/watch?v=HmJBCMPtiNE
https://www.youtube.com/watch?v=IcKDXdgYe9I
https://www.youtube.com/watch?v=XV6ow-NO0nw
https://www.youtube.com/watch?v=mmic5Ai5EZk
https://www.youtube.com/watch?v=v7V5ubZSJFo
https://www.youtube.com/watch?v=k51npBxKH2g
Following from Wikipedia:
Sub-Saharan Africa is, geographically, the area of the continent of Africa that lies south of the Sahara. Politically, it consists of all African countries that are fully or partially located south of the Sahara (excluding Sudan).[2] It contrasts with North Africa, which is considered a part of the Arab world. Somalia, Djibouti, Comoros and Mauritania are geographically part of Sub-Saharan Africa, but also part of the Arab world.[3][4]
The Sahel is the transitional zone between the Sahara and the tropical savanna (the Sudan region) and forest-savanna mosaic to the south.
........................AFRICAN DEVELOPMENT........................
UN Human Development Index (HDI) for 2004, derived from 2006 UN HDI report. An HDI below 0.5 is considered to represent low development and an HDI 0.8 or more is considered to represent high development.
For an exact list of countries by their HDI, see the List of countries by Human Development Index
0.950 and over
0.900-0.949
0.850-0.899
0.800-0.849
0.750-0.799
|
0.700-0.749
0.650-0.699
0.600-0.649
0.550-0.599
0.500-0.549
|
0.450-0.499
0.400-0.449
0.350-0.399
0.300-0.349
under 0.300
n/a
|
CHINA in AFRICA
100bil in investments. Are Chinese taking over Africa without a single shot fired, or is it the best example of hard-core capitalism. IMHO there is nothing wrong with either scenario.
http://www.zerohedge.com/print/453060
UPDATE 10/23/2013
AFRICAN OIL - Nigeria here again
http://www.zerohedge.com /news/2013-10-23/guest-post-scramble-africas-oil
UPDATE 1/2/2014
More investment ideas, Ghana, African mutual funds and more:
http://www.marketwatch.com/story/getting-into-west-africas-frontier-market-2013-12-20
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