African Markets Review 10 20 2020
- In Morocco, AXA CREDIT has convened its shareholders to the EGM of the 20/11/2020 to approve, a capital increase through a cash contribution of MAD 40m, bringing it to MAD 221.9m;
- In Tunisia, STIP improved its sales in the third quarter by +46%;
- The Egyptian government has undertaken efforts to diversify financing for sustainable infrastructure projects;
- The highest positive daily performance was recorded by the BRVM Stock Exchange (+0.39%) while Casablanca Stock Exchange displayed the lowest one (-0.35%).
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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