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Emerging Africa & Nex-Rubica Index Series
Nex-Rubica and Emerging Africa Offer Index Series to Rate Companies
Trading on 5 African Stock Markets


FOR IMMEDIATE RELEASE

New York, NY: December 5, 2006 - Emerging Africa Ltd. of New York and Nex-Rubica Analytics the Ratings and Market Data Group in London have joined forces to provide the Index Series tracking selected companies from five of Africa’s most liquid and active stock markets.

For ten years Emerging Africa (EA) via Bloomberg (EAR<GO>) has published daily information on companies listed on the16 stock exchanges of Africa…

“Teaming up with Nex-Rubica, EA can now offer market risk data as well as historic and reference data information on individual companies and their risk profiles,” according to Thomas Mims, founder and Managing Partner of Emerging Africa Limited. “The data are tailored for use by institutional investors, hedge funds managers, in fact, all international investors seeking a representative benchmark of African markets and shares they can realistically buy or sell individually or in a basket.”

Nex-Rubica, in the words of its Managing Director, Martin Orji, “serves as a conduit through which institutional investors and 600 of Africa’s largest companies can access liquidity provided by our network of on the ground brokers and dealers spread across Africa. With Emerging Africa we now service North America with the NXR Africa Indexes, Risk, Ratings and Reference Market Data, offering clients the confidence to trade African stocks, African government, state and corporate bonds. Providing an opportunity to analyze and mitigate the risks associated with local African capital market infrastructures and the general difficulties concerning direct investment in African securities.”

“Investors - large and small - seeking to engage with African stock markets have in the past found that access to reliable information from the capital markets is limited,” EA’s Thomas Mims acknowledges. “For 10 years we have worked to change this and to help bring the African capital markets into the global marketplace. The Top 40 companies selected represent the vanguard of increased capital flow into Africa, which at long last is beginning to happen, led by China, and followed by India, big US and international banks and, lately, hedge funds.” 

AKFE

Abou Kir Fertilizers

EGYPT

CIBE

Commercial International Bank

EGYPT

EFGH

EFG-Hermes Holding Company

EGYPT

EZZA

EL Ezz Aldekhela Steel – Alexandria

EGYPT

EZZS

El Ezz Steel Rebars

EGYPT

OCI

Orascom Construction Industries

EGYPT

OHD

Orascom Hotels And Development

EGYPT

SIDI

Sidi Kerir Petrochemicals

EGYPT

SZCE

Suez Cement

EGYPT

TMEG

Telecom Egypt

EGYPT

EAB

East African Breweries

KENYA

KCB

Kenya Commercial Bank

KENYA

KGL

KenGen

KENYA

KYA

Kenya Airways

KENYA

ATW

Attijariwafa Bank

MOROCCO

BCE

BMCE

MOROCCO

BCP

BCP

MOROCCO

BRS

Brasseries

MOROCCO

CDM

Credit Du Maroc

MOROCCO

CLT

Centrale Laitiere

MOROCCO

CMA

Ciment Maroc

MOROCCO

HOL

Holcim

MOROCCO

IAM

Itissalat Al Maghrib

MOROCCO

ONA

Omnium Nord Africain

MOROCCO

SAM

Samir

MOROCCO

SID

Sonasid

MOROCCO

SNI

SNI

MOROCCO

MCB

Mauritius Commercial Bank

MAURITIUS

SBM

State Bank of Mauritius

MAURITIUS

FBN

First Bank of Nigeria

NIGERIA

GTB

Guaranty Trust Bank

NIGERIA

IBT

IBTC Chartered

NIGERIA

ICB

Intercontinental Bank

NIGERIA

NBT

Nigerian Bottling Company

NIGERIA

NBW

Nigerian Brewries plc

NIGERIA

OBI

Oceanic Bank International

NIGERIA

UBA

United Bank for Africa

NIGERIA

UBN

Union Bank of Nigeria

NIGERIA

WAP

W.A. Portland Company

NIGERIA

ZBN

Zenith Bank

NIGERIA

 

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