“Risk premia across the world are getting repriced,” says Larry Seruma, chief investment officer of Nile Capital Management, which invests in Africa. “You have too much money searching for yield, and as safe assets become scarce in the developed world the money has ultimately started to flow to Africa.”For more on the improving economics and capital markets in Africa, follow this link to read the entire Bloomberg Businessweek article, In Africa, It's Boom Time for Bonds.
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