African Market Review 07 27 2020
- In Morocco, job losses should reach 227,000 in the agricultural sector and 78,000 in the primary sector by 2021;
- In Tunisia, TOTAL and JUMIA have signed a partnership agreement allowing customers to pick up their orders at one of the country’s TOTAL filling station;
- In Egypt, the presidential initiative to provide consumers with goods at lower costs will start on Sunday, offering up to 20% discount on some goods;
- Among the covered African markets, Nairobi Securities Exchange recorded the best daily performance (+1.62%) while the Egyptian Stock Exchange posted again the worst variation (-2.98%).
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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