Investing in African stock markets in 2025

📌 Tim's Invest in Africa Telegram channel: https://t.me/+eaA4lPugnpw5NDRl

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📕 Free Ebook "12 mistakes to avoid when investing in International Real Estate": https://thewanderinginvestor.com/
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⛏️ Great mining stock tips: https://independentspeculator.com/?ref=ladislasmaurice%40gmail.com

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✈️ With my Internationalization and Diversification Consulting I help people aim for better yields, get better banking, explore interesting residencies, obtain citizenships, prepare plan Bs, and increase their freedom. https://thewanderinginvestor.com/internationalization-and-diversification-consulting/
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🇲🇺 One of the best international banking destinations, though little-discussed, is Mauritius: https://thewanderinginvestor.com/offshore-banking-for-individuals/the-pros-and-cons-of-opening-a-bank-account-in-mauritius-as-a-non-resident/

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▬▬▬▬▬▬▬▬SUMMARY▬▬▬▬▬▬▬▬

I had a chat with Tim, an Australian based in Tanzania who manages an Africa-focused fund. We recap his fund's performance for 2024, and then delve into the outlook for equities in various African countries. We look into why he is bullish on his top country allocations Tanzania and Kenya, and consider if it is time to start looking at Nigerian stocks again. Tim's bullish views on picks like Rwandan Heineken subsidiary Bralirwa and Senegalese telecom provider Sonatel are discussed. Other tangents we explore include the case for investing in African telecoms as payment processors and banks, as well as anti-French sentiment in West Africa.

00:00 Introduction
01:00 2024 African Lions Fund recap
02:28 Investing in the stock market in Tanzania in 2025
06:15 Investing in the stock market in Kenya in 2025
13:00 Government spending and debt in Kenya
17:00 Investing in the stock market in Nigeria in 2025
20:38 Outlook for Nigeria in 2025
26:10 Investing in the stock market in Rwanda in 2025
28:53 Investing in the stock market in Senegal in 2025
32:08 Anti-French sentiment in West Africa
33:28 Investing in African telecoms as financial companies
37:05 Investing in West African stocks on the BRVM
39:10 MTN Ghana stock
40:05 Other stocks in Uganda, Zambia and Mauritius

▬▬DISCLAIMER▬▬

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.