African Markets Review 04 03 2021
- ARADEI CAPITAL published its 2020 financial statements, showing sales down by -5.7% in y-o-y to MAD 271.1m and a net income of MAD 17.6m, compared to MAD 213.7m in the previous year;
- In Tunisia, a partnership agreement between the Ministry of Communication Technologies and the National Anti-Corruption Authority has just been signed;
- TELECOM EGYPT, has announced its plan to launch the Hybrid African Ring Path (HARP) by 2023;
- A successful mid-week session for the Tunis Stock Exchange that recorded the best daily performance (+0.29%) while the Nairobi Securities Exchange showed the worst one (-0.90%).
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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