African Markets Review 01 20 2020
- n Morocco, INVOLYS changes the economic model and positioning on the consumer market through dedicated products, particularly in the fields of health, education and food safety, according to the business press;
- In Tunisia, at the end of the financial year ending December 31st, 2019, the ARAB TUNISIAN BANK saw its net outstanding loans reach TND 4.83bn, against TND 4.15bn in 2018, i.e. an increase of +16.4%;
- In Egypt, EGBANK's board approved financial results for the fiscal period ending December 31st, 2019, which revealed posting consolidated net profits of EGP 659.5m, compared to net profits of EGP 580m in the same period a year ago;
- BRVM Stock Exchange recorded the highest daily performance (+1.19%), among the covered African markets, whereas Ghana Stock Exchange pointed the lowest one (-0.75%).
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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