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African Markets Review 01 20 21

  • In Morocco, NEXANS invested MAD 60m for its new Fiber Optic production plant in Nouaceur;
  • In Tunisia, KIA is at the top of the podium of the Tunisian automotive market for the first time in its history;
  • In Egypt, the Prime Minister Mostafa MADBOULY announced, on Tuesday, that the implementation of Green Recovery projects is important for the country, being necessary for sustainable development;
  • Performance across the covered African markets was mixed, leading the best performers The Tunis Stock Exchange recorded a +0.50%increase, among the covered markets, whereas the BRVM Stock Exchange went down -0.74% at the end of the session..
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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