African Markets Review 12 14 17
- In Morocco, introduction by the Government of a bill concerning the expansion of scope of CASABLANCA FINANCE CITY‘s intervention by integrating the offshore companies of Tangier;
- In Tunisia, the ABRAAJ GROUP concluded that it has entered into a definitive buy-out agreement through its subsidiaries ABRAAJ NORTH AFRICA II and ABRAAJ PRIVATE EQUITY FUNDS IV for a significant minority stake in TUNISIE TELECOM;
- In Egypt, AZZE STEAL’s Q3 consolidated net loss attributable to shareholders amounts to EGP 315.1m vs. a loss of EGP 187.7m a year ago;
- Among the African Markets, Kenya Stock Exchange recorded the highest daily performance (+1.41%) while Nigeria Stock Exchange recorded the lowest one (-1.18%).
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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