African Markets Review 02 05 2021
- In Morocco, reduction of the deficit commercial by -23.1% at the end of 2020 compared to the year 2019 to reach a level of MAD -158.7 bn;
- In Tunisia, the budget deficit worsened by 91% during the first 11 months of 2020, at the level of TND 7.1bn;
- In Egypt, the Minister of Tourism and Antiquities has revealed that the country received about 3.7 million tourists in 2020 that brought in an average of USD 4.1bn in revenues;
- The Nairobi Securities Exchange posted, for the third time in a row, the best daily performance (+0.71%) however the Nigeria Stock Exchange dived into the red and recorded the worst one (-0.51%).
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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