African Markets Review 07 16 2020
- In Morocco, the House of Representatives approved the amendment of the tax deductibility suppression for the donations made to the COVID-19 Fund;
- In Egypt, the African Export-Import Bank has granted USD 3.6bn to the country’s banking sector since the start of the COVID-19 pandemic in March;
- In Kenya, STANDARD & POOR has revised Kenya’s outlook to ‘negative’ from ‘stable’, citing that the coronavirus pandemic will slow the country’s GDP growth significantly in 2020 and weigh on its already weak public finances;
- Among covered African markets, the Casablanca Stock Exchanged posted the highest performance (+1%) while the BRVM Stock Exchange recorded the lowest one (-0.68%).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.