SPEAR Capital's Turner: Emerging markets may be a bet worth taking

Seeing opportunity through the crises

Undoubtedly, emerging market investors face the prospect of ongoing challenges, many extrinsic to developed markets – and not least at this point in time.

The World Economic Forum, in a recent survey, concluded that 38% of risk analysts fear economic collapse in developed markets, due to the blanket effects of Covid-19. In addition, the World Bank predicts that developing and emerging countries will collectively contract by 2.5% - their worst performance in 60 years. However, there are grounds for optimism, considering that numerous economies on the African continent have been on the uptick since before the Covid-19 era and will grow further as stabilisation gradually returns. Overall, Africa's economic power and stability will align...