African Markets Review 11 23 2020
- In Morocco, BANK OF AFRICA publishes its results at the end of September 2020 showing an increase of nearly +1% in its NBI to MAD 10,424.7m;
- In Tunisia, a partnership agreement was signed between the Tunisian Investment Authority (TIA) and the General Public-Private Partnership (IGPP) in order to promote investment and encourage the creation and development of companies;
- In Egypt, UPTURN DEVELOPMENTS targets sales of EGP 700m-EGP 800m at its Centric Business District development in New Cairo;
- Outstanding daily performance was recorded in The Casablanca Stock Exchange (+1.30%) among the covered markets, while the Nigerian Stock Exchange posted the poorest one (-1.46%).
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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