Investors Gorge on African Bonds, But They're Dodging Stocks

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African local bonds are on a tear as investors flock to riskier assets. But the continent's stocks are missing out, despite being much cheaper than their emerging-market peers. The AFMI Bloomberg African Bond Index, which groups the local-currency debt of ...

from Google Alert - Business https://ift.tt/2LphcPB
African local bonds are on a tear as investors flock to riskier assets. But the continent's stocks are missing out, despite being much cheaper than their emerging-market peers. The AFMI Bloomberg African Bond Index, which groups the local-currency debt of ... https://ift.tt/eA8V8J

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