Investment Bank in Sub-Saharan Africa
The firm is a leading investment bank in Sub-Saharan Africa, with a full team of bankers dedicated to the region. J.P. Morgan has a superior Sub-Saharan research and distribution platform and has built a significant local presence. J.P. Morgan is recognized as a premier South African M&A and equity capital markets franchise. Learn more about our global investment banking capabilities.
J.P. Morgan Equities Limited (JPMEL), a wholly owned subsidiary, has a long history as one of the premier stockbrokers in the South African (SA) market. JPMEL is a registered securities dealer, a broking member of the SA Futures Exchange and a member of the Bond Exchange of SA. J.P. Morgan has the capacity to act as a broker in both an agency and principal basis in the SA equities, bond and futures markets.
JPMEL has a comprehensive equity offering and provides clients with a full research capability, wide distribution and excellent execution. JPMEL has three dedicated SA sales desks in Johannesburg, London and New York, staffed by experienced SA specialists. This positioning is well recognised by local companies and has made the firm a leader in placing local stock with global investors. JPMEL has an average daily market share of approximately 12% of the total JSE volume.
J.P. Morgan's equity research team covers more than 80% of the JSE market capitalisation, with some 65 JSE-listed companies under coverage. In addition, the team currently covers eight African (ex-South Africa) stocks and five other international companies. Learn more about our global research.
Environmental Markets, part of J.P. Morgan's Commodities Group, focuses on trading emissions allowances and credits in the framework created by the Kyoto Protocol. The Kenya office originates credits from the Middle East and Africa. The team targets companies across the region that have the ability to reduce greenhouse gas emissions, either through more efficient use of their current resources or by generating renewable electricity and heat, which in turn displace fossil fuels.
The Kenya office is also involved in innovative projects to improve the way that people cook — by reducing the amount of wood, charcoal or electricity consumed by rural and urban households. This is a significant, if often overlooked, source of emissions, as well as a major contributor to deforestation. Learn more about J.P. Morgan's Environmental Markets group.