Africa Bright is an independent investment bank that includes stock exchange companies and portfolio management companies. In several regions of the African continent, the African Bright merchant bank operates, particularly in the countries of the West African Economic and Monetary Union (UEMOA) and the Economic and Monetary Community of Central Africa (CEMAC).

Medcap Partners was commissioned by the Moroccan publisher and integrator of financial software for the capital markets, Perenity Software, to be study the opportunity for a strategic partnership with Africa Bright.

Indeed, the planned joint venture between UEMOA, CEMAC and Africa Bright is part of the marketing of the MANAR product. It is one of Perenity's flagship solutions via the establishment of a team dedicated to technical assistance for marketing and the monitoring of software integration projects locally and the establishment of a subsidiary in each targeted zone (UEMOA and CEMAC).

The work of Medcap Partners made it possible to structure the target joint venture operation with Africa Bright, and a precise business plan for the period 2022-2024 was moreover developed according to the information. By valuing the in-kind contribution of the MANAR software and the cash contribution of Africa Bright, the mission led to a financial structure for the operation.