Report
EUR 25.00 For Business Accounts Only

African Markets Review 04 01 19

In Morocco, ADDOHA has released a Profit Warning on its 2018 accounts, integrating:  Tax audits for the Group and some of its subsidiaries for 2014, 2015, 2016 and 2017 for MAD 126m;  A forecasted consolidated turnover of MAD 4.1bn;  And, an estimated consolidated net profit of MAD 410m; A slight decrease in the Tunisian monthly average money market rate for December 2018 to 7.24% after reaching 7.25% in November, 7.27% in October and an annual peak of 7.29% in September 2018, according to the Central Bank; Nigeria has earned an amount of NGN 808bn from Value Added Tax, according to the National Bureau of Statistics; Among the African markets, the BRVM stock market recorded the highest daily performance (+1.31%), while the Nigerian stock market and Casablanca Stock Exchange have each the lowest one (-1.05%);

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