Africa Opportunity Fund Ltd operates in United Kingdom's financial service sector, having most of its assets in Ghana. It is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. It also occasionally invests in debt instruments, debt issued by African sovereign states and government entities, and real estate interests. The company prefers companies which demonstrate both high real returns on assets and an earnings yield higher than the yield to maturity of local currency denominated government debt.
