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African Markets Review 01 07 2021

  • In Morocco, ONEE completed the construction of the wind farm of Midelt, with a capacity of 120 MW for a total cost of MAD 2.5bn;
  • The Tunisian Investment Authority declared 58 investment projects for TND 2.8bn;
  • Egypt’s net international reserves recorded USD 40.0625bn in December 2020, up from USD 39.221bn in November 2020;
  • A heavy downtrend was recorded in the BRVM Stock Exchange with a daily performance of -2.26% while The Nairobi Securities Exchange ended the session in the green zone with gains of +0.87%.
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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