African Market review 04-20-2021
- In Morocco, AfDB plans to provide ONCF with EUR 300m for the modernization of the railway sector;
- In Tunisia, THE BANK OF TUNISIA recorded a +2.5% increase in its net banking income -GNP- in Q1 2021;
- Egyptian Government representatives are expected to meet, this week, with HYUNDAI representatives to discuss the crisis affecting the South Korean company’s supply of vehicle components;
- Average all around performances recorded by covered African markets, with the Ghana Stock Exchange topping the list at +0.42%, whereas the The Nairobi Securities Exchange showed a decline of -0.82%.
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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