5 African Companies To Invest In Now

Page 5 of 5

1. Shoprite Holdings Limited (OTC:SRGHY)

Number of Hedge Fund Holders: N/A

Shoprite Holdings Limited (OTC:SRGHY) engages in the food retailing business in South Africa and internationally. The company operates through four business segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. The company is Africa’s largest supermarket retailer, operating more than 2,900 stores across the exotic continent, which makes it one of the best African companies to invest in now.

In addition to being a retail giant, Shoprite Holdings Limited (OTC:SRGHY) is one of the few African companies that is a dividend player as well. As of June 5, the company has a forward dividend yield of 2.32% and its shares have gained 18.45% over the past twelve months.

You can also take a look at 10 Best Psychedelic Companies to Watch and 10 Best Stocks Under $20 According to Jim Simons’ Fund.

Page 5 of 5