African Markets Review 05 30 19
- In Morocco, MUTANDIS announces an investment budget of around a
MAD 100m for 2019 and MAD 150m for 2020 for the development of capacities in the sectors it already operates; - In Tunisia, LAND'OR obtained the agreement of the Central Bank of Tunisia for the creation of an industrial subsidiary in Morocco -LAND'OR MOROCCO INDUSTRY- for an investment of EUR 10.7m;
- In Nigeria, the Government announces new tax incentives to boost infrastructure projects;
- Among the covered African markets, the Nigerian Stock Exchange recorded the highest daily performance (+4.35%) for the second time in a row, while the BRVM closed the ranking (-0.62%) for the second time in a row.
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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