Surprising, thanks to wisdom of John Sutton’s Enterprise Maps (http://personal.lse.ac.uk/sutton/),companies with local knowledge in countries like Ghana or Ethiopia with trading background score over and are superlative to, manufacturing companies. An exception where local knowledge trounces niche manufacturing. These small trading companies eventually build out and conquer with manufacturing base.
Suitable Time cut-offs for fudging with statistics
That does not tell you, after how many years of plateau. A couple of large institutions can move the market of total (30 Billion USD market cap) of Tanzania.
Don’t expect an encore next year from Tanzania. There are 54 countries in Africa. Next year one may see a different country where puck will be. This effort is an exercise in futility, akin to betting on the list of gainers in next one week ( on Bombay Stock Exchange where over 5000 companies are listed).
Waiting for more markets to come online. Angola grew GDP at 11% between 2001-2011 and may have equities listed by 2016.
Only intelligence is a valued currency, not emotion, not morality, spirituality is not even understood clearly because it is above mind, super mind, supra mental. Generally one does not even aspire for spiritual insights until material ambitions are nearly or somewhat exhausted and one challenges the existence intensely. This madness needs to reach a crescendo as gasp for breath for a drowing man, I don’t believe yearning is so strong for the most of us, but I will try to sow a few seed thoughts.
Bhugol = BHU (EARTH) + GOL(ROUND). Nasa figures it was discovered around 500 BC by Greekshttp://starchild.gsfc.nasa.gov/docs/StarChild/questions/question54.html
Numerous past civilizations have already figured this. Again a 5000 year old example from India, in Sanskrit the word for Universe is Brahmanda, BRAHAMANDA =BRHA (Expanding) + ANDA (EGG)
SOURCE: Long Term Equities – Read entire story here.