CEMAC zone: recession could reach 6% according to BEAC

All the indicators are certainly not red. But most of the economic indicators in the six countries of the Economic and Monetary Community of Central Africa (CEMAC) are already found the Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC) at the end of the second annual session on June 24, 2020 in Yaoundé.

Analyzing the situation in Central Africa, it emerges that in the short and medium terms, the CEMAC zone is affected by the health crisis and the fall in the prices of the main export products. "

"In the first half of 2020, the revival of productive activities was slowed down in the sub-region by the disruption of supply circuits for imported products as well as by the restrictive measures adopted by the various governments to contain the effects of the pandemic. Although it is premature for the moment to fully grasp the impact of COVID-19 on national economies, it is already anticipated during this first semester a drop in production as well as a det…

Top 10 Global Stock Exchanges Reveal Europe's Decline and Africa's Absence

The top 10 global stock exchanges weigh $ 63 trillion according to compilations from Buyshares.co.nz indicates, a specialist trading site. It is a classification where the first five places are made up of American (USA) and Asian places, Europe contenting itself with a role of arbiter and Africa, invisible on the radar, hoping on the theory of runoff to capture a hypothetical surplus.
Top 10 Global Stock Exchanges Reveal Europe's Decline and Africa's Absence

In short, in this ranking, the New York Stock Exchange (NYSE) occupies the first place with a capitalization of more than 25.530 billion dollars. Nasdaq, also from the United States, is in second place with a capitalization of $ 11.230 billion. Next come the Japan Exchange Group with a capitalization of 5,100 billion dollars, followed by the Shanghai Stock Exchange in China with 4,670 billion dollars. Hong Kong Exchanges is in fifth position with a capitalization of 4,230 billion dollars.

Sixth in the top 10, Euronext has a market capitalization of $ 3,670 billion, closely followed by the stock exchange in Shenzhen, China, with $ 3,280 billion. Formerly the starting point for all financial innovations, the London Stock Exchange, based in Italy and the United Kingdom, is eighth with a capitalization of 2,920 billion dollars. The TXM of Canada and BSE Limited of India are in ninth and tenth respectively with a capitalization of $ 1.750 billion and $ 1510 billion. First African Stock Exchange but evolving far from the world top ten (it is ranked 16th in the world), the Johannesburg Stock Exchange (JSE) weighs 727.84 billion dollars, or 80% of the continent's market capitalization or a little less than 3% from the New York Stock Exchange.