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African Markets Review 01 26 2021

  • In Morocco, MAROC TELECOM launched, in partnership with KASPERSKY, two new cyber security solutions, according to the economic press;
  • In Tunisia, OXFAM declared that it will take more than 10 years for the poorest to recover from the economic impacts of the pandemic;
  • In Egypt, CITY EDGE DEVELOPMENTS has signed a cooperation protocol worth EGP 1bn with the COMMERCIAL INTERNATIONAL BANK (CIB);
  • Vaccination rollout announcement seemed to have pulled up most of the African last trading sessions, although lockdowns have been announced in many European countries, with the Ghana Stock Exchange recording the best daily performance (+1.78%) and the Mauritius Stock Exchange posting the lowest (-0.09%).
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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