African Markets Review 10 16 19
- In Morocco, the securitization file of the SAFI PORT's receivables is being finalized for an amount of MAD 2bn, according to the business press;
- In Tunisia, a 20% y-o-y drop of the average refinancing volume of banks to TND 12.8bn during September 2019 (-11% compared to August 2019);
- In Egypt, ETISALAT MISR, will invest around EGP 4.5bn within 2020 to modernize its 4G services;
- Among the covered African Markets, BRVM stock exchange recorded the highest daily performance (+0.16%), whereas the Egyptian stock Exchange pointed the lowest one (-0.85%).
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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