African Markets Review 01 18 19
- Stability of the banking sector in Morocco and expectation of a 4% increase in bank credit on average between 2019 and 2020, according to S&P GLOBAL RATINGS;
- Signature of a bilateral cooperation agreement between Tunisia and Nigeria in the field of civil aviation, road and rail transport, according to the business press;
- AFRINVEST has estimated the Nigerian economic growth to improve to 2.5% from 1.9% in 2018 based on the expectation of improved oil GDP and sustained expansion in the non-oil sector;
- Among the African markets, the Nigerian stock market recorded the highest daily performance (+1.02%), while the Ghanaian stock market recorded the lowest one (-0.33%).
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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