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 (2)

  • 🇪🇬 Egypt (8)

  • 🇬🇭 Ghana

  • 🇰🇪 Kenya

  • 🇲🇺 Mauritius (2)

  • 🇲🇦 Morocco (2)

  • 🇳🇦 Namibia

  • 🇳🇬 Nigeria

  • 🇿🇦 South Africa (98)

  • 🇺🇬 Uganda (1)

  • 🇿🇲 Zambia

  • 🇿🇼 Zimbabwe (3)

• Asia

  • Middle East (1)

    • 🇧🇭 Bahrain (1)

    • 🇮🇷 Iran (1)

    • 🇮🇶 Iraq

    • 🇮🇱 Israel (6)

    • 🇯🇴 Jordan (1)

    • 🇰🇼 Kuwait (1)

    • 🇴🇲 Oman (1)

    • 🇶🇦 Qatar (3)

    • 🇸🇦 Saudi Arabia (11)

    • 🇹🇷 Turkey (19)

    • 🇦🇪 United Arab Emirates (UAE) (4)

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 from funds etc covering the stock or our posts (denoted by ✅).

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

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.

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🇪🇬 Egypt

Tags: Egypt & Egypt Stocks

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. 🇪🇬 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)

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

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

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

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

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

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

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🇬🇭 Ghana

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🇰🇪 Kenya

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🇲🇺 Mauritius

1. 🌍 African Rainbow Capital Investments (JSE: AIL) - Investment holding company. Long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted & listed investments. 🏷️

2. 🇨🇩 Alphamin Resources Corp (CVE: AFM / FRA: 21L / JSE: APH / OTCMKTS: AFMJF) - Production & sale of tin concentrates. Bisie tin mine in the Democratic Republic of Congo. 🇼

3. 🌍 EPE Capital Partners Ltd (JSE: EPE) or Ethos Capital - Long-term capital appreciation from a diversified portfolio of unlisted investments. 🏷️

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🇲🇦 Morocco

1. 🇲🇦 Itissalat Al Maghrib SA (FRA: MSPA / EPA: IAM) aka Maroc Telecom - The largest telecommunications network in the country.

2. 🇲🇦 Societe d’Exploitation des Ports SA (CSE: MSA) or Marsa Maroc - Main operator of ports in Morocco. 🏷️

   1. 🔬 From Moroccan Ports to Indonesian EVs, High-Quality Growth Turns Up in Furthest Reaches of Markets (Harding Loevner) November 2023

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🇳🇦 Namibia

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🇳🇬 Nigeria

Tags: Nigeria & Nigeria Stocks

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🇿🇦 South Africa

Tags: South Africa & South Africa Stocks

Note: Circa late October or early November 2023, and without any explanation, the Business Day TV YouTube channel was terminated. The YouTube channel contained separate individual videos with just the few minute long stock picks without the need to watch the whole show (Note: The stock picks were usually during the last few minutes of the show) they were from (although the whole shows would be interesting for anyone investing in South African stocks). The Business Day TV website still contains the entire shows in video and/or podcast format.

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✅ South African Dividend Stock List Infographic (April 2023)