By Kofi AHOVI The global financial crisis of 2008 marked the end of the “historically perverse” financial flows from the emerging markets to the developed markets, says Standard Bank. It adds: “As an increasingly important part of the emerging market universe Africa’s markets are set to outperform those in G4. It is a trend that will continue throughout 2011.” In its regular report, the “African Markets Revealed,” the bank examines international and local factors that drive markets in 19 African economies, stretching across the continent from Egypt to South Africa. Reviewing the prospects for the continent as a whole, Stephen Bailey-Smith, Standard Bank’s Head of African Research, said that Africa would benefit from expected global growth, despite the risks posed to this by deleveraging of the US consumer market, funding problems in European countries and the tightening of monetary policy in China. African markets were facing exciting times, said Bailey-Smith, adding that “Emerging ma...