Frontier market specialist Silk Invest has listed two of its Africa funds on Italian stock exchange Borsa Italiana. Silk Africa Lions fund and Silk African Bond fund will be available to Italian retail and institutional investors on the ETFplus segment, which also includes Ucits funds as well as ETFs. Silk Africa Lions is an equity fund […]
The latest “Nigeria Travel Journal” published by frontier markets investor Tundra Fonder has suggested that while longer term opportunities abound in Nigeria, the near term investment environment requires a considerable margin of safety before committing to local equities. Mattias Martinsson, chief investment officer at Tundra visited the country earlier this year at at time when […]
Nigeria is the world’s most attractive frontier market, according to a new study by the investment platform Emerging Crowd. The research identified the five frontier markets with the greatest potential for British investors – and Africa’s largest economy came out on top. With a population of 174 million and a GDP that’s forecast to rise […]
By Mark Mobius, Executive Chairman, Templeton Emerging Markets Group A couple of years ago, many investors were optimistic about Nigeria and the stock market was booming, buoyed by strong economic growth and government reforms to improve the country. However, by 2014, the mood soured amid a series of unfortunate events, including the terrorist acts of […]
The latest review of factors that could spur economic growth across Africa, coupled with a strong demographic trend all point to significant opportunities from investing in property across the continent, according to the Africa Report 2015 published by Knight Frank. Current projections put the content on track to hit a total population of some 4 […]
According to the Nigerian independent election commission the former military ruler Muhammadu Buhari, of the APC party, has won the hotly contested presidential election. This marks the first democratic transition of power between parties in Africa’s biggest country and is hugely symbolic. While many challenges remain, not least the war in the north east, a […]
Jan Dehn, head of Research at Ashmore discusses the upcoming election in Nigeria and what it will mean for the economy. Barring any last minute surprises, Nigerians will go to the polls on Saturday 28 March to elect a new president. While the choice of president matters to Nigeria’s outlook, the greater significance of the […]
There are important subsets of the Frontier Market universe that stand to benefit from lower oil prices. Lower oil prices are an unambiguously positive development for the countries of Frontier Asia (excluding Kazakhstan) and East Africa. Egypt will also benefit from lower a lower oil import bill, and perhaps the opportunity given by lower prices […]
S&P Dow Jones Indices has announced the results of its Country Classification Consultation initiated in July 2014, which included the reclassification of Morocco market. The reclassification of Morocco was largely due to persistent problems with lack of liquidity in the local market.”The declining trend in market liquidity over the last several years does not align […]
David Lashbrook, head of Africa Investment Strategies at Momentum Global Investment Management, puts Africa’s record hard currency bond issuance into context and provides his outlook for the market.
Renaissance Credit, a new microfinance institution in Lagos, Nigeria, has launched on the Temenos T24 platform for Microfinance and Community Banking (MCB), hosted in the cloud on Windows Azure.
Nigeria has just been admitted as the 15th member of the JP Morgan Global Diversified Index, the most-followed emerging market debt index, a significant move for the local market and for international investors, according to Investec Asset Management.