African Markets Review 06 13 18
- The World Bank agrees for a financing of USD 125m directed to the development and construction of NOOR-Midelt I and II plants in Morocco;
- The Tunisian INSTITUT NATIONAL DE LA STATISTIQUE unveiled figures for the first five months of the current year, recording a trade deficit of TND 6.6bn, lower by more than 2% compared to the end of May 2017;
- COFINA gathered more than XOF 16bn, i.e. an oversubscription of 60%, the money raised being reinvested in the financing of small and medium-sized businesses in West Africa;
- Among the African markets, the Nigerian market recorded the highest daily performance (+0.76%), while the Ghanaian market recorded the lowest one (-0.66%).
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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