African Markets Review 08 16 18
- In Morocco, card payments increased by 26.6% to MAD 27bn in value and by 6.3% to 14.8m transactions in volume at the end of June 2018;
- The Tunisian GDP increased by 2.8% in Q2 2018 and by 2.6% in the first six months of this year, according to the business press;
- The microfinance institutions in Côte d’Ivoire earned XOF 416bn in assets at the end of 2017, an increase of 29% compared to the previous year ;
- Among the African markets, the BRVM recorded the highest daily performance (+0.24%), while the Ghanaian stock market recorded the lowest one (-1.59%).
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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