Hi! I'm an active investor at stock market. Have been for about 20 years now. Most of my investments are in US- and European stocks but recently I have bought investment fund shares in India too and they seem to bring pretty good profits, even I know it's more risky.
As a high-risk investment, I'm very interested in finding ways to invest on the emerging African stock markets, in Angola, Mozambique etc.
I'm looking for local small or mid-cap companies that have good changes to grow, or can invest on a new company too.
As far as I know about the new markets in Africa is, that the market volume and starting level is such low that even small improvements would increase stock values dramatically.
Would there be any broker who operates at those markets? I think it could be a good opportunity to make high profits, even the risk is very high too.
2007-02-22 10:05:08 · 3 answers · asked by JRX 1 in Business & Finance ➔ Investing
I don't understand why you would want to take the risk of investing in an African country when there are plenty of emerging markets that are much more "investment capital friendly". A place like India or Taiwan or South Korea is, in my opinion, infinitely superior to just about any country in Africa (except for maybe South Africa) because most of that continent doesn't have any sort of legal system or property rights.
2007-02-22 17:18:18 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I lived in West (Black) Africa maximum my existence. enjoyed it and want i could desire to flow decrease back. I comprehend the countless eco concern of maximum west African worldwide places. yet NO, i'm no longer able to positioned money into an African commerce industry! No self assurance!!!! too a lot blatent corruption. And incompetence. and that i'm no longer speaking with reference to the Nigerian / ICameroon and now Ivory Coast Scams! the two corruption and incompetence are no longer inevitably IN Africa. too a lot of it interior the so noted as West while the Western government or financial institutions have a perceived vested activity in Africa! while IMF, worldwide financial employer, and different nicely intentioned yet incompetent employer freshen up their acts, i'll re-evaluate. no longer now! thrilling question nevertheless...
2016-09-29 11:57:03 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Too risky.
Get an ETF that tracks them, in my opinion.
2007-02-22 11:54:05 · answer #3 · answered by Carlos G 3 · 0⤊ 0⤋