BKGR African Markets Review 08 04 2021
- In Morocco, unemployment rate increased to 12.8% in the second quarter compared to the same period of the previous year,
- In Tunisia, the Board of Directors of the Central Bank of Tunisia (BCT) highlighted the contraction of the current account deficit during the first half of the year to around 3.4% of GDP;
- In Egypt, the NATCO has signed an agreement with Beltone Financial to act as its financial advisor to its EGP 1bn bond offering on the Egyptian Exchange (EGX);
- Among the covered African markets, the Nigeria Stock Exchange closed this session on the highest daily performance (+0.81%) while the BRVM Stock Exchange ended the day in the red (-0.70%).
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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