BKGR African Markets Review 07 05 2021
- In Morocco, public external debt stock is quasi-stable in the first quarter of 2021 at 34.33% of GDP (vs. 34.4% of GDP in 2020), according to the electronic press;
- In Tunisia, the leader of olive oil, CHO, obtains a financing of EUR 22m from the IFC;
- In Egypt, the Central Bank (CBE) revealed an increase in the volume of local currency deposits in banks operating in Egypt by EGP 53.774bn, to reach EGP 3.932tn during May 2021, compared to EGP 3.879tn in April 2021;
- The Nigeria Stock Exchange closed this session on the highest daily performance (+0.83%) while the Nairobi Securities Exchange ended the day in the red (-2.09%).
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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