Moving From BRIC to Africa

U.S News and World Report has an interview with Jon Auerbach discussing potential new BRIC-type countries. Nigeria is mentioned as being an important market given its lead in banking in Africa. Zimbabwe, discussed in an earlier post regarding their inflationary problems, may also present opportunity depending on upcoming election results, and their ability to contain and control hyperinflation. Opportunities exists in Kenya as well, after resolving many of the problems that occurred early in the year.