African Markets Review 08 13 2020
- In Morocco, SALAFIN obtained the Visa of the AMMC relating to its capital increase for a maximum amount of MAD 129.6m;
- In Tunisia, more than TND 83bn in loans were granted by the banking sector in 2019, according to the annual report of the Central Bank of Tunisia;
- The EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT has granted USD 100m to BANQUE MISR under Trade Facilitation Program, according to the business press;
- In Tanzania, the private sector credit grew by 5.5% in June from 5.1% in the preceding month;
- Among the covered African markets, Nairobi Stock Exchange recorded the best daily performance (+1.18%) while the Dar es Salaam Stock Exchange posted the worst variation (-1.11%).
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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