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African Markets Review 12 31 2020

  • In Morocco, the investments of the ONEE for this year are expected to reach MAD 7.1bn, of which MAD 3.5bn in the electricity sector and MAD 3.6bn for drinking water and liquid sanitation;
  • In Tunisia, the Agency for the Promotion of Industry and Innovation signed, Wednesday, a collaboration agreement with ENDA INTER-ARAB AND ENDA TAMWEEL;
  • In Egypt, THE NATIONAL BANK has acquired a 24% stake in AMAN for Non-Banking Financial Services, in a deal worth EGP 480m;
  • The Nigeria Stock Exchange closed this penultimate session of the year on a notable performance (+1.03%) while the Tunis Stock Exchange posted a negative one (-0.07%).
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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