FINANCIAL MARKET HEADLINES

| TUNISIA | LAND’OR | Revenue up 15% at the end of September 2020

In Q3 2020, Land'Or's revenue increased by 21.9% compared to the same period of the previous year. In this context, the compa-ny's revenue at the end of September 2020 shows an increase of 15.0% at TND 94.9 Mn.

ECONOMIC HEADLINES

| MOROCCO | GDP | The World Bank forecasts a 6.3% decline in GDP in 2020

According to the latest forecasts from the World Bank, the Moroccan economy is expected to decline by 6.3% in 2020 due to the Covid-19 health crisis as well as the impact of bad rainfall on the agricultural sector. In 2021, the World Bank forecasts a GDP rebound of 3.4%.

| SENEGAL | ECONOMY | Economic activity excluding agriculture down 6% y-o-y in August 2020

According to the statistics of the Planning and Economic Forecasting Department (DPEE) for the month of August 2020, economic activity excluding agriculture and forestry in Senegal shows a decline of 7.6% compared to the previous month. Year-on-year, it displays a decrease of 5.9% during the same period.

Did you like this page? Share it !

Sur le même thème

A global Panic…, an inflated decline of equities in Morocco

In this unstable global context, it would be pretentious to say that the Moroccan Equity market is completely spared. Indeed, there are several transmission channels of the deterioration of interna-tional economic conditions to Morocco.   

Casablanca Closing - april 28th, 2021

Find the evolutions of activity index in casablanca MASI, MADEX, CAPI as well as the main daily performances of april 28th, 2021.

Morning Brief - january 3rd, 2022

Find the main news from the financial and economic markets for the day of january 3rd, 2022.