African Markets Review 04 24 19
- In Morocco, BMCE BANK has inaugurated yesterday the Group's Shanghai branch, which should officially facilitate Chinese investments and financial transactions between China and Africa;
- In Tunisia, WIFAK BANK published its Q1 2019 activity indicators showing a 21% increase in NBI to TND 5.9m;
- In Côte d’Ivoire, The WORLD BANK has announced funding of XOF 245bn (more than USD 420m) for the country in order to implement several local development projects;
- Among the African markets, the BVRM Stock Exchange recorded the highest daily performance (+1.16%), whereas the Egyptian Stock Market recorded the lowest one (-1.05%).
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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