The African continent has 1.3bn people and a gross domestic product (GDP) size (excluding Nigeria) of roughly US$2trn (slightly lower than the market capitalization of Apple Inc. on the New York Stock Exchange (NYSE)). Although the continent's GDP size may not be staggering, it is large enough to draw global investor interest during a COVID-19-induced liquidity glut.

Africa's market yields are the world's best, despite concerns over fiscal balance and rising domestic inflation rates. At the same time countries, like Nigeria (3.71%), Egypt (3.14%), and Botswana (0.71%) have seen slow growth rates year-to-date (YTD), other markets like Ghana (46.75%), Mauritius (18.11%) and Casablanca (17.84%) have been flying.