African Markets Review 01 29 19
- The Moroccan operator, SOTHEMA, launched a production unit for similar organic products that required an investment of MAD 200m and that should reduce the cost of cancer treatments by 75%, according to the electronic press;
- In Tunisia, ELBENE INDUSTRIE’s 2018 revenues decreased by 60% y-o-y to TND 34.58m;
- Loss of USD 23m in tax revenue per day between 2006 and 2015 for sub-Saharan African countries due to false invoicing by economic actors on international trade transactions, according to the GLOBAL FINANCIAL INTEGRITY;
- During the last session, the African financial markets have evolved in dispersed order with the Tanzanian Stock Market recording the highest daily performance (+1.58%) and the Ghanaian Stock exchange closing on the lowest one (-0.59%).
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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