African Markets Review 08 02 18
- In Morocco, LYDEC increases water/sanitation prices applied to the category of corporate customers following the decision of the management committee taken last April ;
- In Tunisia, BANQUE CENTRALE DE TUNISIE reports that the average monthly rate for the money market goes from 6.72% (in June 2018) to 7.25% at the end of July 2018;
- In Tanzania, BARCLAYS BANK’s net profit has increased by over five times in Q2 2018 thanks to non-interest income (TZS 4.3bn this year compared to TZS 0.82bn in the same period last year);
- Among the African markets, the Egyptian market recorded the highest daily performance (+0.58%), while the Nigerian market recorded the lowest one (-1.10%).
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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