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African Markets Review 02 10 2020

  • In Morocco, JET CONTRACTORS convenes its shareholders to the AGM of 03/10/2020 to authorize the issue of bonds up to a maximum amount of MAD 200m;
  • In Tunisia, BANQUE ZITOUNA increases its capital from TND 173.5m to TND 265m through the emission of 89.632.768 new stocks of TND 1 nominal value.
  • In WAEMU, NATIONAL THERMAL POWER CORPORATION has been appointed by the Togolese Government as a consultant for the development of the 300 MW solar project;
  • Among the covered African markets, Tunis Stock Exchange recorded the highest daily performance (+0.39%), whereas BRVM and Ghana Stock Exchange pointed each the lowest one (-0.65%).
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.

Analysts
Imane FOUAL

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