African Markets Review 03 02 2020
- In Morocco, BMCE BANK OF AFRICA posted a 4.6% increase in NBI to MAD 13.8bn in 2019;
- In Tunisia, the amount of merchandise exports to Senegal has increased annually by 9.8% over the last five years;
- In Egypt, MISR CEMENT posted a consolidated net profits of EGP 16,5m against EGP 104,4m in the same period a year ago;
- Except for the BRVM Stock Exchange (+0.73%) and Tunis Stock Exchange (+0.29%), all the other African stock exchanges registered their main indices in the red at the last close of the markets.
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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