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African Markets Review 03 01 18

  • TAQA MOROCCO published its press release concerning the 2017 results, highlighting an increase of the turnover and the NIGS by 0.4% and 3.6% respectively ;
  • A group of top industry professionals and Fintech companies have established “Open Banking Nigeria” with the goals to develop a common standard for Application Programming Interfaces;
  • The African’s banking market is the second most profitable of any global region, according to the business press, reiterating a report by McKinsey Global Banking practice;
  • Among the African markets, the Nigerian Stock Market recorded the highest daily performance (+2.08%) while the Egyptian Stock Exchange recorded the lowest one (-0.38%).
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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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