African Markets Review 06 21 18
- In Morocco, a 2.3x widening of the treasury deficit to MAD -19.3bn at the end of May 2018 y-o-y;
- The World Bank granted to Tunisia an additional USD 130m for more decentralization, according to the business press;
- Gas production in Ghana’s Sankofa fields about 60km offshore will start next week adding 50% more than what the Jubilee and TEN fields generate for local consumption;
- Among the African markets, the Egyptian market recorded the highest daily performance (+0.47%), while the Ghanaian market recorded the lowest one (-1.46%).
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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