African Markets Review 12 21 17
- The Moroccan Company OCP will soon launch, in partnership with the Indian Company “KRISHAK BHARATI LIMITED”, the construction of a fertilizer production unit at the Andhra Pradesh state of India, located in the South of the country, mobilizing a total investment of USD 230m, according to the business press;
- The Egyptian Firm EDITA FOOD INDUSTRIES has signed a joint venture agreement in partnership with the Moroccan retailer DISLOG in order to enter the Moroccan market;
- The IMF has approved a USD 170m 3-year Extended Credit Facility (ECF) for Guinea, according to the business press;
- Among the African Markets, Mauritius Stock Exchange has recorded the highest daily performance (+0.64%) while the Egyptian Exchange recorded the lowest one (-0.76%).
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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