African Markets Review 02 05 19
- In Morocco, BMCI obtained a loan of EUR 20m from the EBRD in order to finance green projects, according to the business press;
- In Tunisia, election of the company CITY CARS GROS as "Distributor of the Year 2018" in the Middle East and Africa region by KIA;
- In Egypt, the Government is in discussions with Japanese automotive companies for new investment incentives to keep enlarging their factories in the Egyptian market, following the application of free tariffs on European car exports to Egypt starting since January 2019;
- During the last session, the Egyptian stock exchange recorded the highest daily performance for the second time in a row (+0.86%), while the Nairobi Securities Exchange recorded the lowest one (-0.33%).
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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