African Markets Review 01 19 2021
- In Morocco, CMR improved the performance of its financial portfolio to 5.27% in 2020 compared to 3.73% in 2016, according to the business press;
- In Tunisia, STIP increases its turnover by 16% in 2020 to TND 72m;
- In Egypt, Egypt’s Minister of Trade and Industry expressed the country’s keenness to commence with the African Continental Free Trade Area (AfCFTA), whose agreement came into effect at the beginning of January;
- A negative performance was recorded in the majority of the covered African markets except for the Casablanca Stock Exchange which closed the session on a positive note (+0,43%), followed by Dar Es Salaam Stock Exchange (+0.15%).
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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