African Market Review 12 18 2020
- In Morocco, BCP obtained the financial market regulator’s approval yesterday for the issue of a subordinated bond loan of MAD 1.5bn;
- In Tunisia, tourism receipts dropped by 64% to TND 1,9bn by December 10th against TND 5.3bn the same date last year, according to the latest data published by the Central Bank of Tunisia;
- In Egypt, the global provider of digital solutions and services, SOFTLINE, has chosen the country to act as a regional center of its operations in the MEA region;
- Overall well oriented session yesterday in most of the covered African markets with the BRVM Stock Exchange recorded the best daily performance (+2.97%).
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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