Emerging Market Skeptic

Emerging Market Skeptic

Share this post

Emerging Market Skeptic
Emerging Market Skeptic
Africa & Middle East Stock Index
EM Stock Pick Tear Sheets

Africa & Middle East Stock Index

Africa & Middle East stock index. 🏛️ State owned 👼🏻 ESG friendly 🅿️ Preference shares available 🌐🌏 Global/regional operations or part of global/regional supply chains

Nov 04, 2024
∙ Paid

Share this post

Emerging Market Skeptic
Emerging Market Skeptic
Africa & Middle East Stock Index
Share

This post is an index for all Africa and Middle East stocks covered and tagged under our EM Stock Pick Tear Sheets (plus additional untagged stocks) organized as follows:

  • Africa (5)

    • 🇧🇼 Botswana (1)

    • 🇪🇬 Egypt (18)

    • 🇬🇭 Ghana (1)

    • 🇰🇪 Kenya (4)

    • 🇲🇺 Mauritius (2)

    • 🇲🇦 Morocco (5)

    • 🇳🇦 Namibia

    • 🇳🇬 Nigeria (9)

    • 🇨🇬 Republic of the Congo (1)

    • 🇸🇳 Senegal (1)

    • 🇿🇦 South Africa (119)

    • 🇹🇿 Tanzania (1)

    • 🇺🇬 Uganda (1)

    • 🇿🇲 Zambia

    • 🇿🇼 Zimbabwe (4)

  • Asia

    • Middle East (1)

      • 🇧🇭 Bahrain (2)

      • 🇮🇷 Iran (1)

      • 🇮🇶 Iraq

      • 🇮🇱 Israel (11)

      • 🇯🇴 Jordan (1)

      • 🇰🇼 Kuwait (2)

      • 🇴🇲 Oman (1)

      • 🇶🇦 Qatar (3)

      • 🇸🇦 Saudi Arabia (26)

      • 🇹🇷 Turkey (28)

      • 🇦🇪 United Arab Emirates (UAE) (17)

Note: The links above to the relevant post sections below will only work for paid subscribers.

And for individual stocks:

  • 🌐🌏 etc. This is fairly subjective as, for example, many stocks are part of global supply chains rather than domestic companies.

  • 🏛️ State owned, controlled, or influenced companies.

  • 👼🏻 ESG friendly stock e.g. renewable energy. This is fairly subjective.

  • 🅿️ Preference shares available (Note: I don’t see a comprehensive list of preference shares or preferred stocks readily available on the Internet…).

  • A very short description of the stock with links to the IR page and stock quote(s) on Yahoo! Finance or other sites.

  • Any Wikipedia page (denoted by 🇼) and a Substack stock tag link (denoted by 🏷️) linked to any post under EM Stock Pick Tear Sheets.

  • Titles linked to any good or in-depth research (🗃️ denotes an archived piece) from funds etc covering the stock or our posts (denoted by ✅).

* Substack search leaves much to be desired. Inputting common terms or names (e.g. Holdings, etc.) will lead to a broad range of irrelevant results. Inputting a stock ticker (e.g. those that are numbers, etc) without the exchange abbreviation can come up with better Substack search results.

And as always, this post is provided for informational purposes only (and to make your life easier…). It does not constitute investment advice and/or a recommendation…

The goal is to build up a database or index of international, frontier, and emerging market stocks that have research available or are owned by international stock funds.

This means there is considerable room for improvement for these index posts over the coming months e.g. adding an icon link to any Wikipedia page (e.g. via an icon) as such pages usually mention any scandals or problems a stock may have add; tagging and adding additional stocks from 2023 EM Fund Stock Picks posts; organizing stocks by industry for countries that have many stocks covered, etc.

Frontier & Emerging Market Stock Index


Africa

Tags: Africa & Africa Stocks
  • List of African stock exchanges (🇼)


  1. 🌍 Airtel Africa (LON: AAF / FRA: 9AA / OTCMKTS: AAFRF) - UK-based MNC providing telecommunications & mobile money services in 14 African countries. 🇼 🏷️

    1. ✅ Airtel Africa (LON: AAF / FRA: 9AA / OTCMKTS: AAFRF): A Telco Who's Performance Rides on Oil Prices (May 2023)

  2. 🌍 Africa Oil Corp (TSE: AOI / STO: AOI / FRA: AFZ / OTCMKTS: AOIFF) - Oil & gas exploration & production + exploration & appraisal assets in Africa.

  3. 🌍 Endeavour Mining PLC (LON: EDV / FRA: 6E2 / TSE: EDV / OTCMKTS: EDVMF) - One of the world’s leading gold producers & the largest in West Africa. 🇼

  4. 🌍 Jumia Technologies (NYSE: JMIA) - Operates a pan-African e-commerce marketplace, logistics service & payment service platform. Berlin HQ. 🇼

  5. 🌍 Panoro Energy ASA (OSE: PEN / FRA: 1PZ / OTCMKTS: PESAF) - Exploration, development & production of oil & gas properties in Africa.


🇧🇼 Botswana

  • Botswana Stock Exchange (BSE)

  • Botswana Stock Exchange (BSE) (🇼)

  • List of companies of Botswana (🇼)


  1. 🇧🇼 Sechaba Brewery Holdings (BSE: SECH) - 60% controlling interest in Kgalagadi Breweries Ltd (KBL) & Botswana Breweries (Pty) Ltd. SAB Miller holds the remaining 40% minority interest. 🇼


🇪🇬 Egypt

Tags: Egypt & Egypt Stocks
  • Egyptian Exchange (EGX)

  • Egyptian Exchange (EGX) (🇼)

  • List of companies of Egypt (🇼)


  1. 🇪🇬 Alexandria Container and Cargo Handling Company SAE (EGX: ALCN) - 2 main terminals: Alexandria terminal in Alexandria port & El Dekheila terminal in Dekheila port. 🇼 🇼 🏷️

  2. 🇪🇬 Arab Food Industries Co (DOMTY) (EGX: DOMT) - Cheese, juice, bakery & dairy.

  3. 🇪🇬 Centamin PLC (LON: CEY / TSE: CEE / FRA: 7CT / OTCMKTS: CELTF) - Gold mining company focused on the Arabian-Nubian Shield. Acquired by AngloGold Ashanti (NYSE: AU). 🇼

  4. 🇪🇬 CIRA Education (EGX: CIRA) - Largest integrated provider of education services in the Egyptian private sector. 🏷️

    1. ✅ CIRA Education (EGX: CIRA): Record Revenues and Minimal Margin Contraction Amid High Inflation (July 2023)

  5. 🇪🇬 Cleopatra Hospital Group (EGX: CLHO) - Egypt’s first & largest private hospital group.

  6. 🇪🇬 Commercial Bank of Egypt (EGX: COMI) - Private-sector bank. Full range of financial products & services to enterprises/customers. 🇼

  7. 🇪🇬 Commercial International Bank (CIB) (LSE: CBKD / FRA: CIN0 / OTCMKTS: CIBEY) - Egypt’s leading private-sector bank. 🇼

  8. 🌍 Eastern Tobacco (EGX: EAST) - Makers of the Cleopatra brand of cigarettes. 🇼

  9. 🌍 Edita Food Industries (EGX: EFID) - 5 segments: Cakes, Croissants, Rusks, Wafer & Biscuits.

  10. 🇪🇬 Egyptian Satellites Co SAE (EGX: EGSA) or Nilesat - Satellite operator providing direct-to-home (DTH) broadcasting, satellite broadband & other communication services. 🇼

  11. 🌍 El Sewedy (EGX: SWDY) - Leading integrated energy solutions provider in MENA. 🇼

  12. 🇪🇬 Fawry Banking and Payment (EGX: FWRY) - e-payments & digital finance solutions.

  13. 🌍 GB Corp (EGX: GBCO) - Full-fledged automotive provider + non-bank financial services provider. 🇼

  14. 🌍 Juhayna Food Industries (EGX: JUFO) - Production, processing & packaging of dairy, juice & cooking products. 🇼

  15. 🌍 Macro Pharmaceuticals (EGX: MCRO) - Pioneer & market-leader in the country’s cosmeceutical space.

  16. 🇪🇬 Obour Land for Food Industries (EGX: OLFI) - Dairy manufacturer.

  17. 🇪🇬 Port Said Containers And Cargo Handling Co. Stock (PSCCHC) (EGX: PSCT) - Major container terminal operator in Egypt with operations at the Port Said Port. 🇼 🏷️

  18. 🇪🇬 Qatar National Bank Alahli (EGX: EGS60081C014.CA) - Owned by QNB Group. 🇼


🇬🇭 Ghana

  • Ghana Stock Exchange (GSE)

  • Ghana Stock Exchange (GSE) (🇼)

  • List of companies of Ghana (🇼)

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Emerging Market Skeptic
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share