Summary
Excellent investment opportunities in Africa Africa has exhibited clearly positive development in recent years. The political situation in many countries has become more stable, economies are recording above-average growth, inflation rates are falling, and the debt level in many countries has also declined.According to the International Monetary Fund (IMF), Africa recorded GDP growth of 5.2 percent in 2008. One key reason is the boom in commodity prices which resulted in dynamic economic growth and high foreign investment. Thus Algeria became the fourth largest gas exporter and Angola’s GDP is growing continuously thanks to the rise in oil prices. Due to its abundant natural resources, Africa has the potential to become an industrial center. Investors have the opportunity to participate in above-average growth rates with the DAXglobal® Africa Index. DAXglobal® Africa is a transparent, rule-based index – an easy way to invest in Africa.