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African Markets Review 02 01 2021

  • In Morocco, MANAGEM concluded a second partnership with the WANBAO MINING Group for the development of a gold project in Sudan;
  • Tunisia would issue this year up to USD 3bn in bonds and is seeking a loan guarantee of USD 1bn from the administration of U.S. President Joe BIDEN;
  • Egypt’s Minister of International has met with a high-level delegation from GENERAL ELECTRIC to forge new partnerships and enhance productive dialogue between the public and private sectors;
  • Poor performances were displayed by the majority of the covered markets on this last session of the week except for The Nigeria Stock Exchange that recorded a significant daily performance of +0.58%.
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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