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African Markets Review 06/26/19

  • In Morocco, BMCE BANK OF AFRICA obtained the market regulator visa for a capital increase in two tranches for a maximum total amount of MAD 1.9bn;
  • In Tunisia, BH BANK obtained a credit line of EUR 20m from the FRENCH DEVELOPMENT AGENCY to support Tunisian projects in the field of energy efficiency, renewable energy and pollution control;
  • The ECOWAS DEVELOPMENT AND INVESTMENT BANK plans to invest XOF 1.5bn in the Togolese firm DIWA INDUSTRIES specialized in industrial production of gas bottles, metal packaging and accessories;
  • Among the African markets, Mauritius Stock Exchange recorded the highest daily performance (+1.22%) whereas the BVRM Stock Exchange recorded the lowest one (-0.87%).
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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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