African Markets Review 07 14 2020
- In Morocco, the Amended Finance Bill Draft plans to impose a 36% tax on Turkish imports, against 27% currently;
- In Tunisia, the growth rate is expected to drop to -6.5% in 2020, Ministry of Investment and International Cooperation says;
- In Nigeria, the country generated USD 206.06bn in revenue from crude oil exports in the last five years, the Organisation of Petroleum Exporting Countries has said;
- Among the covered African markets, Ghana Stock Exchange recorded the best performance (+0.46%), while the Nigeria Stock Exchange posted the worst variation (-0.44%).
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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