African Markets Review 02 11 2021
- In Morocco, SOFAC acquired a 15% stake in the capital of BADEEL, a company specializing in Long Term Rental and mobility services;
- In Tunisia, fourteen Banks contributed to the mobilization of a syndicated foreign currency loan of USD 465m;
- In Egypt, Egypt’s food industry exports to China increased by +21% to about USD 36m in 2020;
- A tremendous performance of +1.17% was recorded by the main index of the Ghana Stock Exchange whereas the Nigeria Stock Exchange ended the session on a negative note of -1.96%.
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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