Report

African Markets Review 03 16 21

  • In Morocco, CMT released a Post AGM press authorizing the issue by the company of a bond loan with a nominal amount of MAD 300m;
  • In Tunisia, SOCIETE TUNISIENNE DE BANQUE has achieved 102% of the objectives set by the restructuring plan launched in 2015;
  • In Egypt, the hotel market is expected to see occupancy hike between 35% and 62% in 2021, according to Colliers International’s latest Middle East and North Africa (MENA) Hotels Forecast;
  • Overall poor performances were recorded amongst the covered African Markets with the Mauritius Stock Exchange posting the worst one (-1.79%). However, the Nairobi Securities Exchange showed the best daily performance (+0.27%).
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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