African Markets Review 02 08 19
- In Morocco, appointment of the CIH BANK CEO, Mr. Ahmed RAHHOU, as Morocco's Ambassador in the European Union;
- In Tunisia, the AFREXIMBANK granted Tunisia two lines of financing of USD 800m to finance Tunisian exports, trade and investment in Africa;
- In Nigeria, the telecommunications operator GLOBACOM revealed plans to spend billions of funds in the upgrade of its facilities across the country. The investment is expected to go into network infrastructure, swapping of equipment with latest technology, and upgrade of its base stations and switches around the country;
- Among the African Markets, the Nigerian Stock exchange recorded the highest daily performance (+2.17%), while the Casablanca Stock Exchange recorded the lowest one (-0.50%).
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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