Eaglestone Securities Research

globalization is leading to a progressive integration of sub-saharan african countries into the global economy. this strong momentum in africa and a trend towards regional integration are the catalysts for the development of the regional capital markets. as domestic financial markets get more sophisticated and barriers to capital flows become less severe the risk appetite for this emerging region increases. in recent years, several sub-saharan african countries entered the sovereign bond market at very competitive levels while markets are progressively more attractive to corporate bonds. on the other hand, appetite for equities is rising, despite the low liquidity of local markets. eaglestone's strategy for african capital markets is supported by the company's commitment to africa as an entity focused on the promotion of growth for this region by facilitating and enhancing foreign investment.