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African Markets Review 01 29 2021

  • In Morocco, HOLDING AL OMRANE launched the second tranche of the integrated industrial park in Agadir, for a total amount of MAD 169.5m;
  • In Tunisia, ATTIJARI BANK TUNISIA and the EBRD have just signed two agreements on a risk sharing mechanism amounting to EUR 20m;
  • In Egypt, Public investments allocated for Cairo governorate in fiscal year 2020/21 rose to EGP 46.5bn, 41% higher than FY 2019/20;
  • Yesterday’s trading sessions among the African markets were marked by national holidays in Egypt in Mauritius, while the Ghana Stock Exchange recorded the best daily performance for the second time in a row (+1.15%).
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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