African Markets Review 06-10-2021
In Morocco, CDM issued a post-AGO press release approving the distribution of a MAD 4.55 DPS for 2020; In Tunisia, the WORLD BANK revised downwards its forecasts of growth of Tunisia in 2021 to 4% against 5.8% announced last January; Egypt’s Financial Regulatory Authority has approved the establishment of the PYRAMID PRIVATE EQUITY COMPANY, the first company in the Egyptian market to invest in small- and medium-sized enterprises (SMEs) and projects under the FRA’s umbrella; Among the covered African markets, an outstanding daily performance was recorded by the BRVM Stock Exchange (+0.97%) while the Ghana Stock Exchange ended the day in the red (-0.23%).
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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