Without reading this, I know it’s true. Good to see it: haven’t heard anyone say this in a long time.
Way back when I invested (1999-2002 – held and picked away ’til around 2014, 11 yrs longer than I thought I could), I had a significant portion of investments in African funds and while they were erratic, the window was consistently up over longer averages.
Greatest growth potential is there.
Not in mining. Not in exploitation. Not the Democratic Republic of Congo with the Lithium mines, no. That’s 19th century.
Rather, extreme poverty is being eliminated from the continent. Dramatically. Measurably. Quality of life is overall up in peaceful areas, which are far greater than fighting zones.
Used to walk to market? Now they got bikes.
Used to bike to market? Now they have motorcycles.
Had to use public phone miles away? Now more and more phones.
Used to die of things preventable in the West. Now, more and better hospitals in further out places.