Outlook for Africa ETFs strong, as African economy looks set for growth
Jun 27th, 2012 | By Simon Smith, CFA
After the crises of the past, the economies of many African countries are clearly heading for growth. Political and economic stability has increased and the region is set for economic growth of 5.4% in 2012, according to a new study by Commerzbank. Many countries will enjoy even higher growth. Investors can access this potential via a number of low-cost ETFs, including the DB X-tracker MSCI EFM Africa Top 50 Index ETF (XMAF) and the Van Eck Market Vectors Africa Index ETF (AFK).