Report
EUR 25.00 For Business Accounts Only

African Markets Review 03 01 19

  • In Morocco, WAFA ASSURANCE published a Profit Warning on its 2018 results that should be impacted by an increase of MAD 350m of net claims resulting in a Net Income just above MAD 600m, i. e. a 25% y-o-y projected decrease;
  • In Tunisia, renewal of the partnership agreement between ENNAKL AUTOMOBILES and TOTAL TUNISIE for the distribution of TOTAL QUARTZ lubricants for an additional 5 year period;
  • In Kenya, NATIONAL BANK OF KENYA claimed an additional business volume of about KES 2.5bn on its wealth banking segment between 2015 and 2019;
  • Among the covered African markets, the BRVM maintains the first place on the podium with the best daily performance (+2.83%), whereas the Nigerian Stock Exchange closes the ranking with the lowest performance (-2.14%).
Provider
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.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch