African Markets Review 05 22 18
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A projected inflation rate of 2.8% in Morocco for 2018, which is four times higher than the 2017 one (i.e. 0.7%) and the highest level observed since 2009, according to the business press reiterating the report on the “Status and Prospects of the United Nations World Economy in mid-2018"; The Tunisian company SOMOCER achieved revenues of TND 85.6m in 2017, i.e. an increase of 27% compared to the previous year; Algeria’s trade deficit fell to USD 856m in Q1 2018, i.e. a 77.88% decrease compared to the same period last year ; Among the African markets, the Tanzanian market recorded the highest daily performance of (+2.50%), while the Ghanaian market recorded the lowest one of (-1.71%). |
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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