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

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 (11)

  • 🇧🇯 Benin (1)

  • 🇧🇼 Botswana (1)

  • 🇨🇮 Cote d’Ivoire (4)

  • 🇪🇬 Egypt (18)

  • 🇬🇭 Ghana (4)

  • 🇰🇪 Kenya (7)

  • 🇲🇺 Mauritius (5)

  • 🇲🇦 Morocco (7)

  • 🇳🇦 Namibia

  • 🇳🇬 Nigeria (9)

  • 🇨🇬 Republic of the Congo (1)

  • 🇷🇼 Rwanda (1)

  • 🇸🇳 Senegal (1)

  • 🇿🇦 South Africa (135)

  • 🇹🇿 Tanzania (4)

  • 🇺🇬 Uganda (1)

  • 🇿🇲 Zambia (1)

  • 🇿🇼 Zimbabwe (4)

• Asia

  • Middle East (1)

    • 🇧🇭 Bahrain (4)

    • 🇮🇷 Iran (1)

    • 🇮🇶 Iraq

    • 🇮🇱 Israel (12)

    • 🇯🇴 Jordan (2)

    • 🇰🇼 Kuwait (3)

    • 🇴🇲 Oman (6)

    • 🇶🇦 Qatar (3)

    • 🇸🇦 Saudi Arabia (42)

    • 🇹🇷 Turkey (36)

    • 🇦🇪 United Arab Emirates (UAE) (50)

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.

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Africa

Tags: Africa & Africa Stocks

• List of African stock exchanges (🇼)

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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. 🌍 Helios Towers PLC (LON: HTWS / FRA: 8HT / OTCMKTS: HTWSF) – Telecom infrastructure in Africa/Middle East. 🇼

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

6. 🌍 Meren Energy Inc (TSE: MER / FRA: AFZ0 / OTCMKTS: AOIFF) – Full-cycle E&P with production & development assets in deepwater Nigeria, carried position in Orange Basin (Namibia/South Africa) & operated licences in Equatorial Guinea.

7. 🌍 Orezone Gold Corp (TSE: ORE / FRA: OEX / OEX0 / OTCMKTS: ORZCF) - Mining, exploration & development of gold properties (Bomboré gold project in Burkina Faso).

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

9. 🌍 Perseus Mining Ltd (ASX: PRU / TSE: PRU / FRA: P4Q / OTCMKTS: PMNXF) - African focused gold producer, developer & explorer.

10. 🌍 Thor Explorations Ltd (CVE: THX / LON: THX / FRA: T2X / OTCMKTS: THXPF) - Segilola Gold Mine (Nigeria’s first & only large-scale commercial gold mine) + other projects.

11. 🌍 West African Resources Ltd (ASX: WAF / FRA: W25 / OTCMKTS: WFRSF) - Gold projects in West Africa (Sanbrado Gold Operations in Burkina Faso).

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🇧🇯 Benin

• Bourse Régionale des Valeurs Mobilières SA (”Regional Securities Exchange SA”)

• Bourse Régionale des Valeurs Mobilières SA (”Regional Securities Exchange SA”) (🇼)

• List of companies of Benin (🇼)

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1. 🇧🇯 Loterie Natonale Du Benin SA (BRVM: LNBB) - Gaming & lottery company. Finance social, cultural & sporting investments.

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🇧🇼 Botswana

• Botswana Stock Exchange (BSE)

• Botswana Stock Exchange (BSE) (🇼)

• List of companies of Botswana (🇼)

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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. 🇼

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🇨🇮 Cote d’Ivoire

• Bourse Régionale des Valeurs Mobilières SA (”Regional Securities Exchange SA”)

• Bourse Régionale des Valeurs Mobilières SA (”Regional Securities Exchange SA”) (🇼)

• List of companies of Ivory Coast (🇼)

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1. 🇨🇮 Banque Internationale pour le Commerce et l Industrie de Cote d Ivoire SA (BRVM: BICC) - Banking & financial services to professionals, individuals & corporate clients. 🇼

2. 🇨🇮 Societe Generale de Banques en Cote d’Ivoire SA (BRVM: SGBC) - Banking products & services to businesses, individuals, professionals, companies & financial institutions. 🇼

3. 🌍 Societe de Limonaderie et Brasseries d’Afrique SA (Solibra) (BRVM: SLBC) - Beer, soft drinks, mineral water, alcomixes & energy drink products.

4. 🇨🇮 Societe Ivoirienne des Tabacs (SITAB) (BRVM: STBC) - Tobacco. Subs. of Imperial Tobacco Group plc. 🇼

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🇪🇬 Egypt

Tags: Egypt & Egypt Stocks

• Egyptian Exchange (EGX)

• Egyptian Exchange (EGX) (🇼)

• List of companies of Egypt (🇼)

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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 International Bank (CIB) (EGX: COMI / LSE: CBKD / FRA: CIN0 / OTCMKTS: CIBEY) - Egypt’s leading private-sector bank. 🇼 🏷️

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

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

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

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

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

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

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

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

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

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

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

18. 🇪🇬 Telecom Egypt (EGX: ETEL) - First total telecom operator in Egypt providing all telecom services (fixed, mobile voice & data services). 🇼

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🇬🇭 Ghana

• Ghana Stock Exchange (GSE)

• Ghana Stock Exchange (GSE) (🇼)

• List of companies of Ghana (🇼)