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African Markets Review 10 30 19

  • ONCF, the Moroccan railway operator could be split into two entities starting from 2022, one would support the infrastructure and the other one would be in charge of commercial operations, according to the business press;
  • In Tunisia, TAWASOL GROUP HOLDING, shows a 10% increase in its turnover to TND 70.8m at end September 2019;
  • In Kenya, GOLDMAN SACHS made a USD 23.7m equity investment in TWIGA FOOD, a small Kenyan-based company that connects food producers in rural areas with a network of retailers in major cities;
  • Among the covered African Markets, the Egyptian Stock Exchange recorded the highest daily performance (+1.15%), whereas the Nigerian Stock Exchange pointed the lowest one (-0.37%).
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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