Time For An Africa ETF?

For investors looking to establish emerging market exposure, the economies of the BRIC nations are generally the default option. As growth has ground to a halt in the world’s developed economies, interest in emerging markets has surged and investors have begun digging deeper to uncover promising growth opportunities in the developing world. For those with the ability to tolerate a bit of risk, Africa has emerged as an interesting opportunity for exposure to frontier markets. Africa is expected to experience tremendous economic growth over the next several decades; evidence of this boom has already materialized. Africa’s GDP grew by nearly 5% every year from 2000 to 2008. The continent’s consumer, agricultural, natural resource, and infrastructure sectors are projected to turn out revenues of $2.6 trillion a year by 2020. The continent has a bounty of natural resources that are becoming increasingly attractive to foreign investors. Oil is expected to be at [...] Click here to read the original article on ETFdb.com. Related Stories: A Look At South Africa ETF Options Africa ETF: Ready To Surge? ETF Plays For China’s Bet On Africa