Togo
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Aug 2, 2022 –
Dangote Cement, MTN Nigeria and BUA Cement account for 53% of the Top 30 in West Africa as of 30 June 2022. Only Nigeria had positive US$ returns of 20.9% YTD, while BRVM and Ghana had negative YTD US$ returns of 5.6% and 30.5% respectively. Fundamental valuation outliers NOTE: Valuations …
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo
Jan 21, 2022 –
Dangote Cement, MTN Nigeria and BUA Cement account for 50% by value of the Top 30 in West Africa, as of 31 December 2021. Ghana and the BRVM had positive US$ returns year to date of 38.3% and 29.3% respectively. 9-month 2021 reported US$ earnings were up 111% as the …
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo
Oct 26, 2021 –
Dangote Cement, MTN Nigeria and BUA account for 52% by value of the Top 30 in West Africa, as of 30 September 2021. Ghana and the BRVM had positive US$ returns year to date of 44.0% and 20.3% respectively. Big cap stocks are far more profitable with ROE’s of 57% …
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo