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Posted AT 3:39 PM EDT on 24/07/07

Africa - investing's final frontier?

Globe and Mail Update

It might not be the first place that jumps to mind but one Wall Street strategist says Africa, an often overlooked continent packed with potential and pitfalls, could prove to be the “final frontier” of the world's emerging markets. According to Merrill Lynch chief investment strategist Richard Bernstein, Africa presents investors with both “tremendous potential” and “tremendous risk.

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