This Week on the Frontiers, July 15th 2017 Frontier markets performed strongly in the first half of the year, with the majority seeing positive returns, Citi’s frontier analyst Andrew Howell said this week. In aggregate, the markets are up almost 13% in dollar terms in 2017, but, Howell noted, that number masks substantial divergence between markets. “Strong first halves for Argentina (+41%), Kazakhstan (+30%) and Romania (+22%) [were] juxtaposed against more lackluster numbers for Morocco and Bangladesh (+5% each) and a difficult start for Oman (-19%),” Howell said. With August’s presidential elections in Kenya fast approaching, pundits are beginning to lay out their predictions. Africa-focused risk advisory firm DaMina is among the boldest, forecasting a landslide defeat for incumbent President Uhuru Kenyatta. “Facing a united opposition, which has re-branded itself as a calmer mature alternative, Kenyatta and [Deputy President William] Ruto are dogged by strong local perceptions ...

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