12 Best Middle East and Africa Stocks To Buy Right Now

7. Sasol Limited (NYSE:SSL)

Number of Hedge Fund Investors: 14

Sasol Limited (NYSE:SSL) is a South African integrated energy and chemical company with a presence in 30 countries. The company produces and markets chemicals, fuels, and related products. Sasol Limited (NYSE:SSL) earns revenue from its energy production and chemical manufacturing operations.

Sasol Limited (NYSE:SSL) is exploring opportunities for diversification and expansion. The company is investing in new areas, such as renewable energy and sustainable aviation fuels, which are expected to drive growth in the coming years.  Sasol Limited (NYSE:SSL) is also seeking to expand its presence in new markets, particularly in Africa and Asia, where demand for energy and chemicals is increasing rapidly. Through its joint venture with Topsoe, for example, the company is developing a new sustainable aviation fuel that is expected to be in high demand in the coming years. These initiatives are designed to reduce the company’s dependence on its traditional markets and to position the company for long-term success.

Sasol Limited (NYSE:SSL) is also investing heavily in research and development, with a focus on developing new technologies and processes that can help to reduce costs, improve efficiency, and enhance its competitiveness.  Sasol Limited (NYSE:SSL) is partnering with other companies and organizations to leverage their expertise and accelerate the development of new technologies. In its chemicals business, for example, the company is working with partners to develop new catalysts and processes that can help to improve the efficiency and sustainability of its operations.