African Markets Review 02 13 2020
- Morocco maintained its credit rating at "Ba1 stable", according to MOODY'S;
- In Tunisia, DÉLICE GROUP signs a Public-Private Partnership with GIZ and APIA as part of the development of the dairy industry;
- The DEUTSCHE BANK expectes that EGP will continue to strengthen against the USD to reach EGP 15.5 by the end of the first half of 2020 and EGP 15 by the end of the year;
- Yesterday’s session shows a weak performance among the covered African stock markets, the majority of which was trending downward, with in particular the BRVM Stock Exchange recording the lowest performance (-1.05%) while the highest one (though extremely limited) was recorded at Dar Es-Salam Stock Exchange (+0.29%).
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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