For Rapid Growth, Africa Is the New China

from theglobeandmail.com: The latest hot investing sector to bottom out: Emerging markets. Once a favourite of investors amenable to living on the knife edge of risk and reward, emerging markets have been dragged down by their slowing economic growth. Many strategists suggest investors forget about emerging markets for now and instead put money in developed economies like the United States and Europe. Another thought is to consider frontier markets, a subset of emerging markets with economies that are still in the rapid growth phase. Examples: Argentina, Bangladesh, Kazakhstan, Pakistan, Vietnam and the African nations of Kenya and Nigeria.

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