African Markets Review 04 30 19
- In Morocco, acceleration of ABU DHABI DEVELOPMENT FUND investments in the country with the funding of 82 projects in 2018 totaling USD 2.45bn, which is more than twice 2017’s amount, according to the business press;
- In Tunisia, AIR LIQUIDE TUNISIE published its 2018 individual and consolidated financial statements, highlighting:
- A 13.6% y-o-y improvement in consolidated revenues to TND 91.43m (+5.8% to TND 32.11m for individual accounts);
- And, a 34.8% y-o-y increase in NIGS to TND 11.86m (+35% to TND 9.96m for individual accounts);
- In Egypt, Kuwaiti investments reached USD 4.7bn through 1,302 involved companies operating in the fields of industry, finance, real estate, tourism, services and agriculture, according to the business press;
- During the last trading day, the Nairobi Securities Exchange recorded the highest daily performance (+0.45%) whereas the Tanzanian Stock Exchange recorded the lowest one (-3.26%).
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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