African Markets Review 03 04 19
- In Morocco, BMCE BANK obtained a EUR 10m loan from the EBRD to support the green economy in the country, according to the business press;
- In Tunisia, PLACEMENT DE TUNISIE SICAF convened its shareholders to the 19/03/2019 OGM, which will namely approve the 2018 financial statements and the distribution of a TND 2.2 DPS as from 29/03/2019;
- In Côte d’Ivoire, fees on mobile money transactions have increased by 7.2%. In fact, operators are passing the tax imposed on their turnover by the 2019 fiscal appendix onto their end-clients;
- In this first weekly session, the Kenyan Stock Exchange recorded the highest daily performance (+0.76%), whereas the Tanzanian Stock Exchange recorded the lowest one (-0.31%).
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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