On growth trends in frontier economies:
“Banks are among the first enterprises to [publicly] list. Next come telecoms firms, breweries and cement companies, which need a lot of capital spending to sustain their growth…Cement stocks are a way for small investors to get exposure to infrastructure projects, which are financed by private and development banks.” – Investing in Africa: Strategies for putting money to work in a fast-growing continent
Frontier markets growth indicators
Update 1/24/2014: "For investors in Africa’s stockmarkets, BBC means banks, breweries and cement...in places where official statistics are scarce or unreliable, their trading figures are often a good guide to how much lending, spending and building is taking place in African economies." -- Africa's Economies: A Tippler's Guide
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