African Markets Review 01 29 2020
- In Morocco, DLM ENR, which became SHAMSIYAH, is no longer an affiliate of DLM, according to the business press;
- Tunisia is expected to achieve an economic growth of 2% in 2020, according to the latest UNITED NATIONS "World Economic Situation and Prospects" report;
- VODAFONE GROUP has agreed a preliminary deal to sell its 55% stake in its Egyptian unit to Saudi Arabia’s largest telecoms operator STC for USD 2.4bn, according to the business press;
- Among the covered African markets, Ghana Stock Exchange recorded the highest daily performance (+0.67%), whereas Nairobi Stock Exchange pointed the lowest one (-1.19%).
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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