Report
EUR 2.50 For Business Accounts Only

African Market Review 04 28 2021

*      Moroccan direct investments in Africa have achieved an average annual growth rate of +8.3% between 2009-2019;

*      In Tunisia, MONOPRIX’s turnover declined by 10% in the first quarter of the year to TND 143m;

*      The MONETARY POLICY COMMITTEE at the CENTRAL BANK OF EGYPT will hold its third periodic meeting this year, on Wednesday, to discuss the fate of the country’s basic interest rates;

*      Mixed performances among the covered African Markets, mainly led by the BRVM Stock Exchange (+0.30%) and the Nairobi Securities Exchange (+0.20%).

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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