African Markets Review 01 06 2020
- In Morocco, MASEN obtains the authorization to contribute by MAD 10m to the AZUR INNOVATION fund intended to finance start-ups, according to the business press;
- In Tunisia, MAGHREB PRIVATE EQUITY FUND IV, managed by AFRICINVEST, increases its stake in LAND'OR to more than 21%;
- In Egypt, AL-AHLY MEDICAL COMPANY owned by the NATIONAL BANK OF EGYPT will soon open its first-ever hospital in Mokattam district, at a cost exceeding EGP 100m;
- Among the covered African markets, Nairobi Securities Exchange recorded the highest daily performance (+0.84%), whereas Egyptian Stock Exchange pointed the lowest one (-4.79%).
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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