The Motley Fool Discussion Boards
International Investing / Africa
|Subject: Africa's Underestimated Stocks||Date: 1/30/2008 7:21 PM|
|Author: Deliman701||Number: 25 of 26|
Commodities are soaring like never before, and each year the world grows by 70 million people. Sooner or later people will dash to the most undervalued, underutilized, underdeveloped place in the world. Its a huge continent right under our nose.
While countries are not as stable an investing environment as we would want, the potential for growth is astronomical. South Africa and Nigeria have been making people fortunes for years, and Ghana is gaining recognition as one of the most investor friendly African nations.
Parmy Olson put out an excellent article highlighting some of the most promising African Stocks. (http://www.forbes.com/2007/10/19/africa-nigeria-cairo-pf-ii-in_po_1018emergingmarkets_inl.html)
A few of my favorites:
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