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A great post Malik, and thanks to the link to my work on self-sufficiency.

Very interesting that Morocco decided to establish their stock exchange in 1929, with the impacts of the Great Depression raging in many countries! I'm in agreement that Africa certainly has potential to emerge as a great investment opportunity over the coming decades. Do you find yourself invested in any Africa opportunities?

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Absolutely Dylan! Your articles on energy really opened my eyes on how necessary it is to development.

And yeah, it was interesting that Morocco set it up in 1929. They were probably planning it for a while and unfortunately it ended up being during a downturn.

And yes I am invested in African markets. Diversification is 🔑. I hope to write an article about this soon.

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Thank you Malik, I really appreciate that! Definitely unfortunate timing for them if the depression had adverse effects on them. I'll look forward to that article!

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Herh!!!! Are you serious you did not know about South African stock market and capital markets? South Africa has always been one of the major financial sectors investment banks have trading operations. Around the world global books go from Asia (Singapore/ Hong Kong) to South Africa to London to US and its been so since 90s.

I'm surprised you're surprised

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Hi Hene. We learn something new everyday 😁

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Very detailed read with a lot of welcome number crunching. I actually had no idea that South African equities ranked number one among the best performing national stock exchanges across the world on average in terms of ROI.

That's quite impressive - I'm surprised that they don't brag about this more often!

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Thanks Tim! I was pretty surprised as well. I’d wager that it’s because the average SA doesn’t even invest in the market. African stock markets are dominated by institutions.

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