Many more companies are being traded on the African stock market and even though their profits cannot be compared to their western counterparts many brokers are committing murder with these initial stock offers. African stock market shares are also cheap, so anyone who is willing to invest in African stocks can do so.
“Kengen” The latest public offering of a Kenyan company. On the first day of the Keng stock market, the price of each share tripled as some shareholders bought their shares for six times the price they bought. The Kengen Share offer is just one example of the many opportunities Africa has to offer.
Globalization means unlimited potential
Most African countries are developing countries. This means that every month manufacturing and industrial companies are being created and as a result more and more African companies are maturing and going public to trade. The shares of the African stock market are changing a lot, so they are attractive for a quick assassination attempt.
Tips for investing in Africa
If you’re serious about investing in Africa, I’d recommend getting some reliable contacts from a person in the country you want to invest in, or even better, if you don’t live in that country or not. This is because it is very easy to cheat, especially considering that most African investment banks or stock exchanges do not trade online. To finish everything. Choose your broker well. I think I’ll write down tips for choosing the right stockbroker later.
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