OFFICIAL "3rd World" or developing countries thread.

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>>1308433
Are you sure there are enough Ethiopians interested in chess?

Do you think anyone here knows jack shit about investing in Ethiopia?

Personally, I'd invest in a plane ticket out that shit hole.

I love the Philippines and Nigeria. Not even weak form efficient by academic standards. Gobs of money to be made in emerging markets.

Invest every thing in loos

Belizean here. Can't do shit cause our government is leaning socialist very very slowly, mark my words on that. also, 2 megabit internet costs $100 a month


>>1309123
eurocentrism is cancer

>>1308433
Mate, the Ethiopian economy is fucking booming. If you wanna make an investment, invest in something REAL like say, buy a local bakery and hire a manager and baker to run it.

You will get real returns and your business will grow.

>>1310558
What are you talking about about Belize is a great country for investing. Real estate is an amazing investment there. The credit unions offer great rates of return. Booming tourism industry. Even the treasury department offers 6% on your money.

St Johns credit union is an amazing investment.

>>1310616
all true, also ~0% inflation is comfy af

but OP was talking about technological investments

what investments do you have here, if any?

growing countries need a craft brew scene

>>1310632
Credit union equity, treasury department deposit and real estate. All in my Belizean wifes name. Foreigns can out money in the treasury department or credit union. Also 20% returns on equity.

I love that country.

Whats about you?

>>1310772
still in college, looking to start saving and investing as soon as i start earning an income though. would you recommend SJCU over the banks?

>>1308433
Algerian here. Buy Spanish real estate. This shit is probably 3 or 4 times cheaper than in your country.

>>1310780
Not into financial too much and credit unions are hard to valuate but imo yes. Looks rock solid. Looks rock solid. go look at the reports yourself. UofB?

>>1310866
not UB, but i rather keep my school anonymous.

will look them up later, thanks senpai

>>1310872
Given me a through away email. I would love some help with valuation.

>>1308486
Not sure if they are, but that doesn't really matter since the targets of my chess academy will be children aged 7-14 mainly composed of foreigners. I'm planning to rent a class room at the Alliance Ethio-Francaise (I was educated in french) since I can't afford nor am I willing to rent a 24/7 room somewhere in Addis, furnish it with all the necessary items and have it be vacant during the weekdays. (I've got a job Mon-Fri)
>>1309123
I'm not asking if anyone here is savvy about investment options in Ethiopia, what I am asking is if others from outside the US/Europe know of any business or ventures that would be profitable in a booming economy. Most of the developing countries have similar types of opportunities.
>>1310558
Wi-fi or unlimited internet is only limited to businesses and gov' offices here in Ethiopia, and it's yet to be privatized, so we only have a single provider owned by the state. The prices are inflated to say the least.
>>1310595
Haha! It's ironic that you've mentioned it because I've been thinking about that too. But, I am lacking the capital to start that kind of business. Both rent and taxation to launch this kind of business is demanding.
>>1310813
Not everyone here is a few kilometres off the spanish coast mate.