African Markets Review 08 18 2020
- In Morocco SAHAM ASSURANCE published a press release on activity indicators in H1 2020 showing a drop of 6.6% of the overall turnover to MAD 2.9bn compared to H1 2019;
- In Egypt, COVID-19 nudges the country’s unemployment rate up to 9.6% in Q2 2020;
- Nigeria’s inflation rate hits 12.82% in July, according to the National Bureau of Statistics;
- With the exception of the NAIROBI Stock Exchange (+ 1.50%), all the covered African
markets closed yesterday in red.
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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