African Markets Review 04 3018
- The Moroccan banking network expanded by 62 branches in 2017 and recorded an online service use rate of 36%, according to AILANCY;
- The Tunisian Company POULINA GROUP HOLDING (PGH) reached a record net income of TND 138.3m in 2017 compared to TND 90.7m in 2016;
- NATIONAL BANK OF EGYPT (NBE) joined the software enterprise firm (R3) that is working closely with over 200 financial institutions to develop its blockchain platform designed specifically for commercial use;
- Among the African markets, the Nigerian Stock Exchange recorded the highest daily performance (+1.46%) while the Tanzanian Stock Exchange recorded the lowest one (-0.51%).
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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