African Development Corporation Performance
ADC African Development Corporation (ADC), ISIN DE000A1E8NW9, is a fast growing financial services group focusing on the frontier markets in sub-Saharan Africa, below is a link to their latest current shareholder letter, its gives some live insight into what is happening in those markets :
http://www.african-development.com/files/adc_shareholder-letter_august_english.pdf
Key take-aways
• The company continues to show profitable results; half-year figures will be published next week
• All investment performances are on track or are exceeding the expectations
• Significant new investments are projected for the next three months
• Share Price constitutes a significant undervaluation of ADC




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