FINANCIAL MARKET HEADLINES
| TUNISIA | ASSURANCES MAGHREBIA | CMF approved the IPO
The company Assurances Maghrebia obtained the visa of the financial market watchdog (CMF) for the admission of its shares on the main market of the Tunisian stock exchange. Note that this operation will be carried though, the sale by the current share-holders ,of 1,350,000 shares with a par value of TND 10 each at a price of TND 55.5 per share.
ECONOMIC HEADLINES
| MOROCCO | PORT | Traffic up 5% at the end of November 2020
In November 2020, traffic carried through the ports managed by the ANP reached an overall volume of 7.3 million tons, i.e. an increase of 17.8%. In this context, the port traffic during the first 11 months of 2020 increased by 5.3% year-on-year to 84.7 million tons.
| CAMEROON | GDP | A forecasted decline of -2.6% in 2020 against -1% previously
According to the minister in charge of the economy, Cameroon's GDP would decline by -2.6% in 2020 against -1% initially fore-casted, after a growth rate of 3.7% in 2019.
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