Gamble of the week: Invest in Africa

Owing to low levels of personal debt, Africa has been largely untouched by the global banking crisis. That's great news for this London-listed stock, says Paul Hill.

Investors ignore Africa at their peril. There are risks, but they're probably no worse than those associated with many other parts of the developing world, such as Asia, South America and the Middle East.

There's a lot going for the continent. It has an abundance of natural resources such as oil, metals, gold and diamonds, a young population of almost a billion people, and a consumer market set to reach $1.6 trillion by 2020.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.