African Markets Review 05 03 19
In Morocco, SNEP expects MAD 1.7bn in sales by 2024, which should mark the culmination of the gradual increase in its production capacity program initiated in 2017, according to the business press; In Tunisia, TAWASOL GROUP HOLDING published its 2018 individual financial statements, showing a 21.5% y-o-y increase in NI to TND 0.710m; The WORLD BANK announces the extension of its Country Partnership Framework 2015–2019 with Egypt for two years, so that it will end in 2021; During the last trading day, the Tanzanian Stock exchange recorded the highest daily performance (+2.24%), whereas the Ghanaian Stock Exchange recorded the lowest one (-0.31%) for the second time in a row.
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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