African Markets Review 05 13 19
- Morocco ranked 3rd in Africa with 36 projects in progress for a capacity of 6395 rooms, according to the economic press, based on a study by the HOSPITALITY GROUP;
- In Tunisia, a new discovery of an oil reservoir is made in a Sidi Marzoug -1 (SMG-1) development well for a production capacity of 2,000 barrels of oil per day and 5 ft3 of natural gas per day, according to ETAP;
- The UAE direct investments in Egypt exceeded USD 6.6bn in 2018;
Among the African markets, the Tunisian Stock Exchange recorded the highest daily performance (+0.29%) whereas the Egyptian Stock exchange recorded the lowest one (-1.53%).
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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