Ghanaian Potentially Undervalued Companies

Tullow Oil

Market Cap: GH₵100.0m

An energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.

Cocoa Processing

Market Cap: GH₵101.9m

Processes cocoa beans to semi-finished products in Ghana.

Scancom

Market Cap: GH₵55.7b

Provides telecommunications services in Ghana.

GOIL

Market Cap: GH₵1.2b

Engages in the marketing of petroleum and other energy products and services in Ghana.

Intravenous Infusions

Market Cap: GH₵13.7m

A pharmaceutical company, engages in the manufacturing and marketing of intravenous infusions and small volume injectables for therapeutic purposes in Ghana and the West African sub-region.

AngloGold Ashanti

Market Cap: GH₵47.3b

Operates as a gold mining company in Africa, Australia, and the Americas.

GCB Bank

Market Cap: GH₵5.3b

Engages in the retail and corporate banking, consumer and commercial banking, and treasury activities in Ghana.

Guinness Ghana Breweries

Market Cap: GH₵2.0b

Manufactures, distributes, and sells spirits, alcoholic and non-alcoholic beverages, and other ancillary products.