5 Best African Stocks to Invest In

2. Naspers Limited (OTC: NPSNY)

Naspers Limited (OTCMKTS:NPSNY) is focused on producing and developing consumer internet platforms that specialize in online retail and venture capital investment. The company invested in various internet-heavy companies such as OLX, Swiggy, Delivery Hero, and eMAG, among others. Naspers Limited (OTCMKTS:NPSNY) serves over 300 million users globally and ranks 2nd on our list of the best African stocks to invest in.

Naspers Limited (OTCMKTS:NPSNY) currently trades for $39.81 and offers a dividend yield of 0.18%. In the year ended March 31, 2021 (FY2021), Naspers Limited (OTCMKTS:NPSNY) reported core headline earnings of $3.5 billion, up 15% year-over-year, while revenue was up 32% year-over-year to $29.6 billion.