7 handpicked stocks

ARK Innovation ETF: What's Next for Africa's Growth?

Africa's digital economy is rapidly expanding, creating demand for cutting-edge technologies in finance, healthcare, and energy. This basket offers potential exposure to US-listed companies leading the disruptive innovation trends that are shaping the continent's future.

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Author avatar

Han Tan | Market Analyst

Published on September 15

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

V

Visa, Inc.

V

Current price

$339.05

MA

MasterCard Inc.

MA

Current price

$582.62

JMIA

Jumia Technologies AG

JMIA

Current price

$9.73

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.

If you invested across these assets:

In 12 months it might be worth:

$1,000.00

+17.20%

About This Group of Stocks

1

Our Expert Thinking

Africa's digital economy is booming, creating massive demand for the same disruptive technologies that ARK Innovation ETF companies pioneer. From digital payments to AI and healthcare solutions, these global innovators are building the infrastructure that's powering the continent's transformation. This basket captures US-listed firms whose technologies are becoming essential to Africa's growth story.

2

What You Need to Know

This theme focuses on established US companies rather than African startups, offering exposure to the global tech giants that African businesses and consumers increasingly rely on. These are the firms developing the software, hardware, and platforms being deployed across African markets. It's a way to invest in Africa's digital future through proven international leaders.

3

Why These Stocks

Each company was selected for its role in driving the kind of disruptive innovation that's reshaping Africa. Whether it's payment processing, medical technology, or AI development, these firms are creating the foundational technologies that Nigerian startups and other African businesses use to serve their growing markets. They're the enablers of African progress.

Group Performance Snapshot

17.2%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 17.2% over the next year.

6 of 7

Stocks Rated Buy by Analysts

6 of 7 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

Africa's Digital Revolution

The continent's rapid digitalisation is creating unprecedented demand for the exact technologies these companies provide. You're watching the infrastructure builders of Africa's future economy.

💡

Innovation Meets Opportunity

These aren't just tech stocks - they're the global pioneers whose platforms and solutions are becoming essential to African businesses and consumers. The innovation is proven, the market is exploding.

🌍

Global Giants, Local Impact

From payment processing to healthcare technology, these established companies are the backbone supporting Africa's startup ecosystem and digital transformation. Their success directly benefits from the continent's growth.

Get the full story on this Basket. Read our detailed article on its risks and potential.

Read Full Insight

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