Home Sci-Tech & Business Economic Trends

Economic Trends

Nile Pan Africa Fund (NAFAX) First Quarter 2011 Fund

Nile Capital Management is pleased to announce the first quarter 2011 performance update for its Nile Pan Africa Fund (NASDAQ: NAFAX), an actively managed mutual fund that focuses exclusively on the continent of Africa.

Nile's Chief Investment Officer Larry Seruma on Investment in Africa

Nile Capital Management’s Chief Investment Officer Larry Seruma answers questions about investment opportunity in Africa.

Q. For which type of investor do you believe Nile Pan Africa Fund can be a good portfolio fit?
A. We think this fund can work well for investors who are already participating in emerging markets and have some familiarity with emerging markets. Our fund will enable them to make a larger allocation to Africa within the total emerging markets asset class. We realize that this fund may not be an easy first step into emerging markets for most individuals. But once investors have had some experience in other emerging markets, Africa can become a logical extension of that thinking and investing.

Nile Pan Africa Fund 2010 Performance Update

New York, NY - January 7, 2011

Nile Capital Management, announced the 2010 performance update for its Nile Pan Africa Fund (NASDAQ: NAFAX), an actively managed mutual fund that focuses exclusively on the continent of Africa.

Major Brokerage Platforms Offer Nile Pan Africa Fund

New York, NY - June 15, 2010

Nile Capital Management, LLC, announced the availability of the Nile Pan Africa Fund (NAFAX) on four major brokerage platforms today. We believe that the Nile Pan Africa Fund is the only actively managed mutual fund available to US investors focusing exclusively on investment opportunitie! s in Africa and covering the entire continent. The fund has been added to the Charles Schwab, Fidelity, Pershing and Scottrade platforms. It is also available on the Sterne Agee platform.

Nile Capital Management Announces Launch Of Pan Africa Mutual Fund

New York, NY – April 29, 2010

Nile Capital Management, LLC, announced the launch of the Nile Pan Africa Fund, an actively managed mutual fund to focus exclusively on the continent of Africa.  The Fund seeks to capitalize on the investment opportunities in the growing but under-researched and under-invested African markets and enhance investors’ overall exposure to emerging markets.

Africa - EU Trade War

The new trade pacts are controversial and have been the focus of a campaign of criticism by NGOs and anti-poverty activists. But yesterday's rejection by African leaders on the final day of a three-day summit in Lisbon means that the EU could be put in the embarrassing position of imposing higher tariffs on African exports from the new year, further enraging the Africans. "No one will make us believe we don't have the right to protect our economic fabric," said the African Union commission president, Alpha Oumar Konaré. He accused the EU of playing divide and rule in Africa.