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African Markets Review 11 08 19

  • In Morocco, CDC GROUP PLC crosses upward the 5% threshold in the capital of BMCE BANK OF AFRICA;
  • In Tunisia, EURO-CYCLES signs a contract with the Danish Group "SALLING GROUP" for a first test order of 500 bicycles which production will start in H1 2020;
  • In Egypt, DELTA INSURANCE announced a net profit of EGP 58m compared to EGP 30m in the same period a year ago, taking into account the minority rights;
  • Among the covered African markets, Dar Es Salam Stock Exchange recorded the highest daily performance (+0.99%), whereas Nairobi securities exchange pointed the lowest one (-0.70%).
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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.

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