For the past two decades, investors around the world have been riveted on the emerging markets of the four high growth BRICs - Brazil, Russia, India and China. However, as these opportunities fade, other high-growth emerging and frontier markets should become attractive and worthy of consideration to be added to an investor's asset allocation strategy. Several of these markets are located in Africa, the world's second largest continent by population and land mass, behind only Asia in both measures. With a population of more than one billion spread among 53 nations and almost 12 million square miles, Africa is becoming too big for investors to ignore. Yet, its financial markets and expanding public companies remain shrouded in mystery for most foreigners.
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