African Market Review 07 29 2020
- In Morocco, establishment of an ad-hoc commission to carry out the necessary investigations to clarify the situation of the sector, according to the economic press;
- In Tunisia, investments by the European Bank for Reconstruction and Development (EBRD) leapt to a record high in the first half of 2020;
- Egypt signed a USD 639m (EGP 10.185m) loan agreement with the Arab Monetary Fund (AMF) to support a reform program in the public finance sector amid the coronavirus outbreak, the UAE's WAM news agency reported on July 29th;
- Among the covered African markets, Casablanca Stock Exchange recorded the best daily performance (+0,30%) while the Nairobi Securities Exchange posted the worst variation (-1,87%).
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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