Thanks - very interesting, and I must reread properly. I was fascinated by the 'Frontier' a while ago, and it never really came to anything. On reflection, it was partly due to the lack of depth in the markets - the choice wasn't much more than over-priced Consumer subsidiaries. I met a guy at a conference once, who was talking his own book, but said the only way to invest in Africa was through Private investments. So this makes sense as a way to access it, without needing a big ticket. Cheers.
Thanks - very interesting, and I must reread properly. I was fascinated by the 'Frontier' a while ago, and it never really came to anything. On reflection, it was partly due to the lack of depth in the markets - the choice wasn't much more than over-priced Consumer subsidiaries. I met a guy at a conference once, who was talking his own book, but said the only way to invest in Africa was through Private investments. So this makes sense as a way to access it, without needing a big ticket. Cheers.
Thanks Tom - really interesting point. And at this price…