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African Markets Review 02 28 19

  • In Morocco, ALLIANCES’ shareholders authorized the issuance of a MAD 1.4bn bond as part of its private debt restructuring, according to the business press;
  • In Tunisia, Al KARAMA HOLDING will launch a second call for tenders, concerning the sale of the shares held by the State in the capital of CARTHAGE CEMENT, during the month of June 2019, according to the business press;
  • In Kenya, SAFARICOM has unveiled its partnership with Chinese technology giant HUAWEI which will provide it with the world's first end-to-end 400G backbone network;
  • At the exception of the BRVM (+0.68%) and the Mauritius stock exchange (+0.09%), most of the covered African markets closed the last session on a negative note with the lowest daily performance recorded in Ghana Stock Exchange (-1.21%).
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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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