Investec's Horne flags strong opportunities in Africa

Horne, manager of Investec's Africa & Middle-East fund, recently set out a number of arguments which he believes sets investment in Africa apart from most other emerging markets in the world. Speaking specifically about Sub-Saharan Africa, he said: "The scope is huge. It includes a region of 49 countries, of which less than half currently have stockmarkets. Of those that do, some are well developed and have been operating for years, while others are very new and have only one or two companies currently listed. This is a good thing as we know there is plenty of room for growth over the com...