Weak currencies double pain for frontier African stock investors

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Bank of Zambia kwacha
Bank of Zambia kwacha

African stocks look set to break a four-year winning run in 2015 with faltering currencies in markets such as Ghana, Nigeria and Zambia adding to the pain for foreign investors. Although some shares are giving stock pickers the cheapest entry point to Africa in several years, weake ning currencies add to the complications for foreign investors.

 

(Reuters)

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