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Investing in Africa - A Field Guide to Sub-Saharan Stock Markets

A Field Guide to Sub-Saharan Stock Markets. Are GOIL Shares Running Out of Gas? The past year has been a very good time to own Ghana Oil (GOIL) shares. The stock has roared 260% higher over the past twelve months, propelled by high-octane earnings growth and a cheery outlook for the Ghanaian economy. Today, the shares change hands at a price of GHS4.05 per stub, which gives the stock a price-t0-earnings ratio of 24.3. That's a lofty level, and … [Read More]. Fan Milk Ghana: Buy, Sell, or Hold? Six months...

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