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BKGR African Markets Review 06-28-2021

*      In Morocco, conclusion of an agreement between BANK AL-MAGHRIB and SOCIETE FINANCIERE INTERNATIONALE -SFI-, member of the WORLD BANK group, on the financing of supply chains, according to the economic press;

*      In Tunisia, the budget deficit was reduced by -47% at the end of April to TND 1.2bn, compared to TND 2.3bn at the end of April 2020;

*      In Egypt, CONTACT FINANCIAL HOLDINGS wins the Global Economics Award as the fastest growing financial institution;

*      The BRVM Stock Exchange closed this session on the highest daily performance (+0.54%) while the Nigeria Stock Exchange ended the day in the red (-0.78%).

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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