STRATEGY

Morocco Key Rate Expectations - September 2024

During our recent survey, we identified investors' expectations regarding the evolution of the Moroc-can Central Bank Key rate during its 3rd monetary policy meeting scheduled for September 24th, 2024.

FIXED INCOME

AGR-ABI S1-2024

After an almost two-year lull, Sub-Saharan African issuers are clawing their way back in international markets. In fact, with a few exceptions, African countries were largely excluded from the international Eurobonds market.

equity en

Buy Recommendation : Moroccan Banks

In this Research Paper, we focused on the evolution of the valuation multiples of the Banks index and the MASI index over the period 2010-2024E.

AKDITAL

AGR AKDITAL CI 2024

Akdital's capital increase of MAD 1.0 Bn is a continuation of its development model which is mainly “growth” focused. [...]

STRATEGY

Morocco Key Rate Expectations - June 2024

During our recent survey, we identified investors' expectations regarding the evolution of the Moroccan Central Bank Key rate during its second monetary policy meeting scheduled for June 25th, 2024.

Equity april 2024

AGR - Managem Capital Increase 2024

Managem Group, a leading mining player, is launching a new capital increase operation for a total amount of MAD 3.0 Bn. The main aim is to accelerate the deployment of its 2023-2025E investment program while ensuring the solidity of its balance sheet.

Attijariwafa bank Egypt is positioned among the leaders on the Egyptian bond market

In 2023, Attijariwafa Egypt has reached a notable milestone with a remarkable market share, far exceeding its usual market share.

EQUITY DECEMBER

Listed companies results Q3-23

At the end of the 3rd quarter of 2023, the 67 listed companies having released their quarterly results showed a modest growth in their revenue of +4.8% to MAD 74.4 Bn.

STRATEGY

Morocco Key Rate Expectations - Sept 2023

During our survey conducted in September, we identified investors' expectations regarding the evolution of the Moroccan central bank’s key rate during its 3rd monetary policy meeting scheduled on September 26th 2023..