African Markets Review 03 12 2021
- In Morocco, WAFASALAF published a net loss of MAD -133.6m in 2020, against MAD 337.3m in 2019;
- In Tunisia, exports of energy products have recorded an increase in value of +75% accompanied by a decline in imports in value also of -28%;
- Egyptian and Kuwaiti investors established a real estate development company, under the name “MODON”, with investments exceeding EGP 5bn, in addition to an investment fund with over EGP 10bn;
- A drop of -0.57% was posted by the Nigeria Stock Exchange during yesterday’s session, whereas the BRVM Stock Exchange ended the day on a positive note of +48%.
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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