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African Markets Review 11 27 2020

  • In Morocco, COSUMAR publishes its indicators at the end of September 2020, highlighting a cumulative turnover up 2.7% to MAD 6,433m;
  • In Tunisia, TUNISAIR has just published its activity indicators relating to the third quarter of the current year, during which the number of passengers fell by 74%, and revenues down by 67%;
  • In Egypt, The NATIONAL BANK OF EGYPT and the French Development Agency signed a new credit facility agreement worth EUR 100m with the aim of financing climate conservation and sustainable development projects in Egypt;
  • The best daily performance was beheld in Dar es Salaam Stock Exchange (+0.15%) while the worst one was observed in The Ghana stock Exchange (-0.68%).
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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