The Big Question: Which global market will be the dark horse of 2012?

Anthony Eaton, JM Finn Africa     Last year was not good for African stock markets. The Nigerian index fell 22% and the Kenyan index 46%. Yet the region’s economies grew at rates not far short of China’s and are forecast to continue to do so. Standard Bank estimates that investment from China into Africa will have risen by 70% between 2009 and 2015 to hit $50bn. Bilateral trade between the two may have risen to $300bn by then. Up from $150bn last year and just $10bn in 2000. This translates into meaningful rises in living standards. Democratic Republic of Congo completed ele...