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Alternative Market Briefing

Wallberg African All Stars Fund managers to be in Germany and Austria for September roadshow

Wednesday, August 27, 2008

From the Opalesque Team: The Wallberg African All-Stars Fund UCITS-compliant equity fund was launched on June 16th. The Fund invests in equities of locally listed businesses as well as of international companies whose business focuses on Africa. Opalesque has learned Wallberg Capital AG, along with distributor Fund Matrix AG and adviser Coronation Fund Managers will be in Salzburg (8/9), Frankfurt (15/9), Munich (17/9), Vienna (18/9), Hamburg (22/9) and Cologne (23/9) to meet with potential investors. Contact information: Charles Barnick / Chris Marquardt Tel: + 44 (0) 207 389 8840

Related articles: US committed to growth on the African continent From TheTimes.co.za: The Times editorial "Will Obama listen to Africa's message?" (August 26) correctly emphasises that US relations with Africa should be based on "trade, not aid". - Sharon Hudson-Dean, Press Attaché, American Embassy

In fact, the US has focused tremendous resources and policy innovation on promoting trade with Africa over the last eight years. The US is now South Africa's largest export market. South African exports to the US were $7.5-billion last year (a 27 percent jump over 2006). South Africa's export success in the US is, in part, due to the openness of the US market through the African Growth and Opportunity Act signed into law in 2000.

Thanks to the Generalised System of Preferences , zero-level Most Favoured Nation tariffs, and Agoa, more than ......................

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