African Markets Review 07 10 2020
- In Morocco, TOTAL shows a 70% y-o-y profit decrease during H1 2019, according to a press release;
- In Tunisia, the impact of the coronavirus pandemic on public finances is estimated at TND 5bn and public debt will further worsen and exceed 85% in 2020;
- In Egypt, The United States, through USAID, and the Ministry of International Cooperation celebrated in a virtual event the signing of six bilateral assistance agreement amendments worth USD 90m;
- Among the covered African markets, Casablanca Stock Exchange recorded the best performance (+0.48%), while the Kenyan Stock Exchange posted the worst variation (-1.41%).
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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