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African Markets Review 01 09 2020

  In Morocco, IMMORENTE INVEST obtained the approval of the Market Regulator concerning the prospectus of its MAD 408 capital increase;  In Morocco, IMMORENTE INVEST obtained the approval of the Market Regulator concerning the prospectus of its MAD 408 capital increase;

  In Tunisia, INMA HOLDING invests TND 7m in the capital of GOURMANDISE GROUP; 

In Egypt, the Administrative Capital for Urban Development signed a contract with ORANGE EGYPT to establish, operate, and manage a USD 135m data center and cloud-based platforms in the New Administrative Capital; 

Among the covered African markets, Nigeria Stock Exchange recorded the highest daily performance (+3.54%), whereas BRVM Stock Exchange pointed the lowest one (-1.92%), both for the second time in a row.

Provider
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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