Going forward the madness will be in: -
(i) mining and infrastructure
(ii) energy
(iii) telcos and finance - mobile money merging magnet like ICT
(iv) consumer goods
But I see the mongolia in telco first then energy in the next 10yrs.
Quote:ETHIOPIA has Africa’s last big telecoms monopoly. The absence of competition has seen a country of more than 80m lag badly behind the rest of the continent in an industry that has generally burgeoned alongside economic growth. Mobile-phone penetration, which averages 70% of the population elsewhere in Africa, is closer to 25% in Ethiopia. A paltry 2.5% of Ethiopians have access to the internet, compared with 40% in neighbouring Kenya.
http://econ.st/1l1UvJO
Quote:Ethiopia is among the few still-untapped opportunities and a market MTN is keen to enter, the people said. The country, with a population of 89 million, had just 22 percent mobile-phone penetration in 2012, according to data compiled by Bloomberg. That compares with 131 percent in South Africa and 71 percent in Kenya.
http://bloom.bg/1qldgPk$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!