African Markets Review 11 03 2020
- In Morocco, CREDIT AGRICOLE DU MAROC launches its payment institution AL FILAHI CASH after obtaining the approval of BANK AL-MAGHRIB;
- In Tunisia, UADH Group announces a 30% drop in its revenues at the end of September to stand at TND 129.7m;
- In Egypt, MOTAWAFER, the Egyptian platform for e-commerce, has become the country’s first online mall, including offers found on all e-commerce platforms in Egypt;
- The BRVM Stock Exchange recorded the best daily performance (+1.28%) among the covered markets, while Casablanca Stock Exchange posted the worst one (-0.90%).
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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