African Markets Review 01 16 18
- In Morocco, ALLIANCES delivered the first tranche of AKWABA Residences in Abidjan with 640 economic and social housings and 32 businesses, according to the business press;
- Electricity distribution companies in Egypt paid EGP 10m to 129 individuals and small companies in return for electricity they produced from their solar panels until the end of last December;
- The Nigerian National Insurance Commission has reduced the minimum capital base for micro insurance companies from NGN 150m to NGN 40m
- Among the African markets, the Moroccan Stock Exchange recorded the highest daily performance (+1.65%) while the Egyptian Stock Exchange has recorded the lowest one (-0.83%).
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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