African Markets Review 07 25 18
- In Morocco, shareholders of ADDOHA approved a bond issue by private placement of MAD 250m to be realized within a maximum period of 5 years during the AGM of 07/24/2018;
- Tunisia plans to reduce its budget deficit next year to 3.9% from 4.9% this year, with expectations of a relative improvement in public finances;
- In Nigeria, NIPCO PLC’s shareholders have approved the payment of NGN 563m as dividends for last year;
- Among the African markets, the Tanzanian market recorded the highest daily performance (+1.87%), while the Nigerian market recorded the lowest one (-0.91%).
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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