African Markets Review 08 07 19
- In Morocco, ONEE announces the preparation of a new program contract with the State covering the period 2019-2023 and whose investment portfolio amounts to MAD 51.6bn;
- In Tunisia, signature of a grant agreement with the European Union for a total value of TND 120m to support the fishing sector and develop the working class districts;
- In Kenya, the Government has approached international banks to arrange a KES 150bn syndicated loan to partly finance this year’s budget;
- Among the covered African markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.42%), meanwhile the Ghana Stock Exchange pointed the lowest one (-1.07%).
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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