African Market Review 12 16 2020
- In Morocco, CAM closed its issue of perpetual subordinated bonds with a loss absorption and coupon cancellation mechanism for a total amount of MAD 200m;
- In Tunisia, the country will benefit from a grant worth EUR 31m that will be used to launch the Power to X approach;
- In Egypt, The General Authority for Land and Dry Ports prepares an integrated plan to establish eight dry ports and five logistics zones across the country;
- Except the Mauritius Stock Exchange, overall well oriented session amongst the covered African markets with the Nigeria Stock Exchange recording the best daily performance (+1.10%).
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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