African Markets Review 07 24 18
- In Morocco, tourist arrivals increased by 9% to 4,116,273 people by the end of May 2018;
- The Tunisian “WIFAK INTERNATIONAL BANK” recorded an increase of 36.6% in net banking income to TND 9.3m in H1 2018 compared to the same period in 2017;
- The African insurance market displays a 12% growth in premiums issued in 2017 to USD 66.7bn, according to the business press;
- Among the African markets, the Moroccan stock market recorded the highest daily performance (+0.93%), while the Egyptian stock market recorded the lowest one (-0.73%).
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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