African Markets Review 03 31 21
- In Morocco, PROMOPHARM published a press release, reporting a +9.7% increase in turnover and an +15.6% increase in net income;
- In Tunisia, the closed-end investment company INMA FINANCE will increase its capital by TNS 35m in cash;
- Egypt’s ORASCOM FINANCIAL HOLDING (OFH) has announced the launch of a new financial technology company, in partnership with EXCEL, focused on digital payments;
- While all African markets seem to decelerate, the Casablanca Stock Exchange recorded the highest performance (+0.30%) as opposed with the Nigeria Stock Exchange (-0.57%).
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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