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REASONS TO INVEST IN AFRICA
Up one levelForget the BRIC countries of Brazil, Russia, India, and China. Larry Seruma, chief investment officer of Nile Capital Management, says many retail investors are missing a tremendous opportunity for growth in Africa. Seruma manages the Nile Pan Africa fund, the first actively managed, U.S.-based mutual fund to focus exclusively on Africa. He recently released a report that explains his investment firm's reasons for investing in the continent.
- REASONS TO INVEST IN AFRICA by Nlend Nancy — last modified 2011-06-26 01:49
Forget the BRIC countries of Brazil, Russia, India, and China. Larry Seruma, chief investment officer of Nile Capital Management, says many retail investors are missing a tremendous opportunity for growth in Africa. Seruma manages the Nile Pan Africa fund, the first actively managed, U.S.-based mutual fund to focus exclusively on Africa. He recently released a report that explains his investment firm's reasons for investing in the continent.
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