LongNMBJul 2026
NMB Bank Plc
NMB Bank represented about 6.6% of the portfolio and is one of the fund's first-tier African holdings. The bank announced a 10-for-1 stock split intended to improve affordability…
African Lions Fund Ltd.
Long-only, concentrated and benchmark-unaware frontier Africa equity strategy focused on well-run businesses with strong balance sheets, durable growth and attractive valuations.1 published idea
African Lions Fund invests in listed companies exposed primarily to sub-Saharan African frontier economies. The manager seeks easy-to-understand businesses with clean balance sheets, dependable management and enough long-duration growth to potentially double in size every five to ten years. In the July 2026 letter, the manager estimated that the fund had crossed the $100 million AUM milestone.
Ideas from African Lions Fund Ltd.
Letters covered
- African Lions Fund Investor Letter - Q2 2026July 31, 2026
Source PDFs are not republished here; only extracted ideas and quotes.