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African Markets Review 01 25 19

  • The Moroccan Company PROMOPHARM has published its Profit Warning for 2018 with a net income that should record a MAD 27m decrease compared to 2017;
  • Allocation by the Netherlands of EUR 50m to Tunisia in 2019 to finance agricultural projects, mainly using modern technologies, according to the business press;
  • NESTLE EGYPT has inaugurated a new EGP 250m (i.e. USD 14m) coffee factory for its BONJORNO brand;
  • During the last session, the Ghanaian stock market has recorded the highest daily performance (+0.53%), while Tunis stock exchange has recorded the lowest one (-0.68%).
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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