Author argues AFK is a way to play the migration of cheap labor from China to India to Southeast Asia to Africa, noting the fund rose about 74% last year.
AFK — LONG The author argues that jobs migrate to countries with cheap labor, following the path China to India to Southeast Asia to Africa, and that Africa is the last remaining place to find cheap labor. They note AFK grew almost 74% last year, framing it as the vehicle for this thesis. No specific risk is stated beyond the open question of whether others agree.
I think that's one of the last few places left to find cheap labor (China -> India -> South East Asia -> Africa).