Report

African Markets Review 02 09 2021

  • In Morocco, HPS signed an acquisition agreement for 100% of ICPS' shares from the MCB Group, according to the business press;
  • In Tunisia, a -28% decrease in the amount of public agricultural investments has been registered in 2020, reaching TND 14.4bn, against TND 19.9bn;
  • In Egypt’s New Urban Communities Authority has signed a contract with the Chinese company CSCEC, to design and construct five residential skyscrapers in New Alamein City;
  • All the covered markets started the week with negative performances except for The Ghana Stock Exchange that closed the session in the green (+0.17%).
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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