African Markets Review 08 15 17
- DEBIT INTEREST RATE: A 5.26% drop in weighted average rate from 22 bps in Q2 2017 compared to the same period last year in Morocco ;
- LABEL’VIE: Visa on August 11th, 2017 by the AMMC of the prospectus relating to the capital increase in cash ;
- The Kenyan Stock Market records the highest performance (+2.51%) among the African markets;
- CURRENCY: A USD 40m raising from foreign investment and transfers since the currency flotation in November 2016, according to the deputy Governor of the Central Bank OF EGYPT.
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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