About Us

EFC is an independent, equity research house focused on frontier and small emerging markets. Our focus regions are Sub-Sahara Africa (SSA), Middle East & North Africa (MENA), Central & Eastern Europe and Central Asia (CEECA), South Asia (SA) and South East Asia (SEA).

Who we are
The EFC research team has an average of almost 20 years’ experience in the industry and has seen multiple cycles. For the markets we operate in, which can be volatile, our experience, local knowledge and connections help us better understand what is actually happening underneath the surface. One of our key tenets is having ‘boots on the ground’ as this is the best way to understand the markets and companies we cover, subsequently our team largely reflects our focus regions. Our analysts have consistently been ranked in the top quartile of all leading research polls.