African Markets Review 07 09 2020
- In Morocco, HPS took over the IPRC company on 07/07/2020 which is specialized in ATM supervision services and electronic payment fraud;
- In Tunisia, NEW BODY LINE saw its turnover fall by 46% to K TND 918 in the second quarter of 2020;
- Egypt’s foreign debt reached record numbers, after obtaining loans worth about USD 7.9bn from the IMF under two different agreements, in addition to selling USD 5bn worth of Egyptian bonds abroad;
- Among covered African markets, the Nigerian Stock Market recorded the highest performance (+0.75%) while the Ghanaian Stock Market posted the worst variation (-0,93%).
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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