5 African Companies To Invest In Now

4. The Bidvest Group Limited (OTC:BDVSY)

Number of Hedge Fund Holders: N/A

The Bidvest Group Limited (OTC:BDVSY) operates in trading, services, and distribution businesses in South Africa and internationally. The company operates through seven business segments: Services, Branded Products, Freight, Automotive, Commercial Products, Financial Services, and Properties. 

The Bidvest Group Limited (OTC:BDVSY) is undervalued and also happens to be a dividend player, which makes it one of the best African companies to invest in now. As of June 5, The Bidvest Group Limited (OTC:BDVSY) has a forward PE ratio of 13.66, a trailing-twelve-month yield of 3.28%, and has appreciated by 11.23% over the past twelve months.

This March, Investec analyst Anthony Geard upgraded The Bidvest Group Limited (OTC:BDVSY) to Buy from Hold with a ZAR 240 price target.