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Thursday, May 1, 2008

Investing in Africa

Question: How many African stock market indices outperformed the S&P 500 over the past three years?

Answer: Nearly all of them - and that's in US dollar terms.

On Tuesday night I attended the screening of the documentary "Africa Investment Horizons". The event took place at the New York Stock Exchange (NYSE) with a few hundred people in attendance. The documentary was basically about the benefits of investing in Africa. .There is a new Africa out there people and you absolutely have to watch this movie. We're slowly regaining our self esteem after a somewhat battered and bruised past and if you don't invest now, you'll miss the boat.
The documentary said it best, that smart investors know that in order to really make money you have to invest where no one else is investing, and today, that place is Africa - yes, Zimbabwe included!

Please take a look at the website and be sure to watch the other documentaries on Africa on the same site: