African Markets Review 01 06 2021
- In Morocco, MARSA MAROC published a press release confirming the receipt in January 2021 of the 1st container ship at Container Terminal 3 of Port TANGER MED 2;
- In Tunisia, the budget deficit increased by 80% to TND 6.6bn at the end of October 2020;
- The CENTRAL BANK OF EGYPT has launched a new EGP 15bn initiative to finance the dual-fuel vehicle conversion plan, with a lump-sum return of 3%;
- Unfavorable trend of the two main African markets with Nigeria Stock Exchange and Casablanca Stock Exchange showing declines of -1.83% and -0.77% respectively.
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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