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African Market Review 07 01 2020

*      In Morocco, MARSA MAROC approved the distribution of a MAD 9,7 DPS for FY19…;
*      …And, postponed the announced start date of the Container Terminal 3 project at the port of Tangier Med to the end of 2020;
*       In Tunisia, the national electricity company should return to financial equilibrium in 2025, according to the strategic plan negotiated with the Ministries of Energy and Finance;
*      Egypt has discovered a gold deposit estimated at more than one million ounces in the country’s southeast, the petroleum ministry said Tuesday, according to the business press;
*      An outstanding daily performance for the Ghana Stock Exchange (+1.77%), whereas Egypt Stock Exchange pointed the lowest one (-2.98%).
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BMCE Capital Global Research
BMCE Capital Global Research

BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.

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