African Markets Review 02 18 2021
- In Morocco, DISWAY published its activity indicators for Q4 2020, showing a 5.4% increase in cumulative consolidated revenue to MAD 1,709m;
- In Tunisia, the pace of growth in credits to the economy strengthened in December 2020, to reach 6.9% year-on-year, against 6.6% one month earlier and 3.7% in December 2019;
- In Egypt, the Central Bank of Egypt (CBE) announced, on Monday, the amendment of some provisions of the tourism initiative issued with the guarantee of the Ministry of Finance;
- The covered African markets closed the session on mixed performances with the Nairobi Securities Exchange gaining +0.34% when the Casablanca Stock Exchange posted a downturn of -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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