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 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.
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.
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.
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.
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.
Africa Knowledge Project is an academic resource that offers journals and databases. Check them out.
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Rasta Livewire is a leading blog that provides in-depth viewpoints from Rastas in Africa and African Diaspora.
Africa Knowledge Project (AKP) publishes peer-reviewed journals and academic databases.
Ojedi is an online retailer of fine art and exceptional handcrafted pieces from around the world.
Africa House is an Africa and Diasporian gallery. Africa House accepts proposals for submission on a rolling basis.
African Event Posters show posters of events at Africa House.
African Gourmet Dinners shows images of African gourmet dishes.
