5 Best African Stocks to Invest In

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1. MTN Group Limited (OTC: MTNOY)

MTN Group Limited (OTCMKTS:MTNOY) is the top African stock to invest in. The company operates in South Africa and Asian countries to develop communication services such as broadband and internet products like voicemails, FaxMail, SMS information service, Virtual Recharge, among others.

The company was founded in 1994 and has gained over 279.6 million subscribers. In the first quarter of 2021, MTN Group Limited (OTCMKTS:MTNOY) revenue came in at $2.93 billion, up 17.8% year-over-year mainly brought about by the improvement in the demand for data and digital financial services during the pandemic. Shares of MTNOY jumped 76% over the last twelve months. 

You can also take a peek at 10 Best Technology Stocks That Pay Dividends and 15 Biggest E-Commerce Companies in China.

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