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African Growth Should Boost Regional ETFs

Posted on February 08, 2010

Africa is a fast-growing emerging market. Better still, the recessionary effects that gripped the continent may have been more mild than previously believed. ETFs aimed at the continent could be in a prime position to prosper.The International Monetary Fund (IMF) now projects Africa s economy will expand 4.3% this year, up from the previously forecast 4%. Next year could be even better it s expected to grow 5.3% then, reports Mike Cohen for Bloomberg. The IMF also expects sub-Saharan Africa s economy will expand 4.3% this year and 5.5% the next....

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economy , etfs