African Markets Review 10 28 2020
- In Morocco, BCP does not envisage any opening of the capital of the establishment to an Asian Bank;
- In Tunisia, BH BANK was characterized mainly by a slight decrease in interest income of TND 1.6m, to reach TND 660.7m;
- In Egypt, the country’s total IT spending, which stood at USD 1.02bn in 2017, is expected to reach close to USD 1.17bn in 2022;
- The BRVM Stock Exchange recorded the best daily performance (+1.31%) among the covered markets, while the Tunis Stock Exchange posted the worst one (-0.30%).
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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