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African Markets Review 10 22 2020

  • In Morocco, BCP would consider giving in a significant portion of its capital to an East Asian-based credit organization;
  • In Tunisia, WIFAK BANK sees its NBI grow by +35% at the end of September to more than TND 20m compared to the same period of 2019;
  • In Egypt, AMER GROUP announced that its subsidiary, AMER TOURISM DEVELOPMENT COMPANY has been contracted to develop a plot of land located in the New Administrative Capital (NAC);
  • The Nairobi Securities Exchange recorded an outstanding daily performance (+7.11%) while The Nigerian Stock Exchange posted the worst one (-0.75%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

Analysts
Ghita BENIDER

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