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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAn analysis published by S&P Dow Jones Indices reveals that several commodities that are marketed by African economic actors experienced record price increases during the month of April 2021. This performance brings good news for public finances and investors. African scholarship holders.
Since the beginning of 2021, we have seen positive performances for certain raw materials. The reflection published by S&P Dow Jones Indices presents the evolution of the S&P GSCI, which is the index that tracks for its investors the performance of raw materials such as iron, wheat, soy or biogas.
According to the analysis, these raw materials globally increased in value by 8.2% in April, after +13.7% at the end of the first quarter of this year. Beyond the gain that this brings to investors who have made investments on this index, this good news indirectly comforts listed African companies or those active on the continent.
The values of Palm CI or the Rubber Company of Grand-Bereby are respectively up 107% and 23.4% since the beginning of 2021. The currently expected increase means more income for budgets and therefore more resources to gradually come out of covid-19.
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