BKGR African Markets Review 08 24 2021
- In Morocco, OCP have unveiled worksites for new sulphuric acid production facilities -PS4- as part of an industrial development program aiming at respecting the best environnemental standards and reducing emissions;
- In Tunisia, The BCT handed over to the CENTRAL BANK OF EGYPT, the presidency -for one year- of the North African sub-region, whose vice-presidency will be ensured by the CENTRAL BANK OF LIBYA and this until August 2022;
- In Egypt, the total investments allocated for the petroleum sector in fiscal year 2021/22 amounted to EGP 65.3bn;
- Overall weak performances recorded by the covered African financial markets with the Casablanca Stock Exchange ending the session with the best daily performance (+0.84%).
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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