African Frontier Markets zig, while the rest of the world zags
For the first two months of calendar 2022 the S&P 500 was down 8.2%. The US bond market, as measured by the iShares 20+ Year Treasury Bond ETF (TLT), was also down by 5.5%.
Six listed investment funds you can easily buy that give you some exposure to Africa:
Judging by the number of enquiries I’m getting via email and on my Twitter feed, there is growing interest among investors to get some exposure to African frontier markets.
What I learned this week from my trip to Dar es Salaam Port
Right now, there is a huge imbalance in trade flows between Africa and other parts of the world
Twiga Cement on track for another record year in 2021 — yields 12%+
2020 was an excellent year for Twiga despite the global pandemic throwing sand in the gears of economies in much of the world.
NMB Bank Tanzania — A high-quality growth stock you can buy at a deep value price…
NMBs earnings grew 31% in the first quarter, but the stock trades at just 3.3x projected earnings, and on a 10.8% indicative dividend yield – needless to say, I’ve been buying. A lot. It’s now African Lions Fund’s biggest holding.
Who is Tim Staermose, the Global Value Hunter?
I’m a full-time investor and investment writer. I grew up all over the world, in Tanzania, Denmark, Egypt, Singapore and Australia – where I completed my higher education. I have an unorthodox background. And it shapes my approach to investing and life.
My readers appreciate this, and often comment that I bring them a valuable alternative perspective they can’t get anywhere else. Read more…
My readers appreciate this, and often comment that I bring them a valuable alternative perspective they can’t get anywhere else. Read more…
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