BKGR African Markets Review 08 03 2021
- In Morocco, BAM announced a progression of the profit realized in 2020 to MAD 1.68bn, an increase of +1% compared to 2019, according to the business press;
- In Tunisia, SERVICOM’s consolidated revenues for the first half of 2021 amount to TND 4.9m;
- Egypt’s bank deposits in the local currency increased by EGP 376.104bn to EGP 4.036trn during the first half (H1) of 2021, according to the Central Bank of Egypt (CBE);
- Strong daily performance was recorded by the Casablanca Stock Exchange (+1.05%) on this first session of the week while the Nairobi Stock Exchange dived into the red (-0.93%).
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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