African Markets Review 04 14 21
- In Morocco, MAROC TELECOM has obtained the approval of the AMMC for the renewal of its share buyback program in order to promote market liquidity;
- In Tunisia, WIFAK BANK divides its losses by four in 2020 by posting a net loss of TND 5.9m last year, against a deficit of TND 23m in 2019;
- In Egypt AMAZON PAYMENT SERVICES has announced it will waive all fees for new micro, small, and medium enterprises (MSMEs) wishing to benefit from its services in Egypt;
- Overall mixed performances across the covered African markets with the BRVM Stock Exchange gaining +0.48% whereas the Dar Es Salaam Stock Exchange posted the worst one (-0.42%).
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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