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African Markets Review 02 01 19

  • In Morocco, JET CONTRACTORS will be in charge of the Rabat-Salé airport extension project for an amount of nearly MAD 200m, according to the business press;
  • A continuous growth in the 2018's activity despite the difficulties of liquidity in the Tunisian financial market and the lack of tools to hedge foreign exchange risks on foreign loans, according to the Managing Director of TUNISIE LEASING AND FACTORING;
  • At end December 2018, 22 banks out of 30 have met the new capital requirement of GHS 400m of Ghana’s Central Bank as part of its measures to clean up the banking sector;
  • Among the African markets, Casablanca Stock Exchange recorded the highest daily performance (+1.57%), while the BRVM stock market had the lowest one (-2.76%);
  • In terms of y-t-d performance, all the covered African markets closed 2018 on a counter-performance at the exception of Tunis Stock Exchange that ended the year with a performance of +15.76% and the Mauritius Stock Exchange that stagnated at +0.74%.
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BMCE Capital Global Research
BMCE Capital Global Research

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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