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Foreign investors hunt for opportunities in Africa frontier markets
A general view of the headquarters of South Africa’s MTN Group in Johannesburg. South African companies and investors are beginning to use their base in Africa’s biggest and most sophisticated market as a springboard to move into the continent’s fast-growing frontier markets. Photo/REUTERS
Josephine Jimenez has a chunk of money to invest and she is hunting for opportunities in the usual places —Zimbabwe, Tunisia, Sri Lanka, among others.
Jimenez is a specialist in so-called frontier markets. She stacked up a million air miles long ago.
