African Markets Review 01 09 18
- In Morocco, the agricultural sector has recorded investments of MAD 6.7bn between 2009 and 2017 with direct subsidies granted to farmers amounting to MAD 2.6bn over the same period, according to the business press;
- The Central Bank of Egypt, on behalf of the Ministry of Finance, has offered to issue USD-denominated treasury bills worth USD 850m in order to cover the value of a previous tender put forward on January 10th, 2017, worth USD 888.8m;
- Nigeria has been ranked as the eighth cheapest place in the world to buy petrol with a pump price of NGN 145 (USD 0.4) per liter;
- Among the African Markets, the Nigerian Stock Exchange has recorded the highest daily performance (+2.38%) while BRVM has recorded the lowest one (-1.14%).
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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