African Markets Review 01 22 2021
- In Morocco, the Treasury's gross collections have increased by +46.2% year-on-year at the end of 2020 to reach approximately MAD 152.6bn.;
- In Tunisia, UBCI realizes a GNP of TND 241m in 2020, down 5%;
- In Egypt, BANQUE MISR and the European Investment Bank (EIB) have signed a EUR 425m credit line agreement to support local small and medium-sized enterprises (SMEs) that have been affected by the COVID-19 pandemic;
- An overall negative daily performance was recorded in most of the covered African markets except the BRVM Stock Exchange which gained +0.35%.
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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