Report

African Markets Review 02 26 2021

  • In Morocco, BCP published its annual results showing an +8.3% increase in consolidated NBI to MAD 19.3bn and a +139% increase in the cost of risk to MAD 6.1bn, and, a -59% drop in RNPG to MAD 1.2bn;
  • In Tunisia, the Minister of Higher Education and Scientific Research Olfa Benouda Sioud mulls possibility of holding Tunisian-Qatari forum for higher education and scientific researches;
  • In Egypt, MANARA DEVELOPMENTS announced the launch of Bella Vento resort over 65 feddan in Ain Sokhna’s Galala with EGP 4bn investments;
  • The BRVM Stock Exchange recorded the best daily performance (+0.81%) among the covered markets, whereas the Casablanca Stock Exchange posted the worst one (-0.84%).
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch