African Markets Review 08 30 18
- The Moroccan Company COSUMAR created a subsidiary called "COSUMAR WILMAR" specialized in vegetable fats with a capital of MAD 3.3m, according to the business press;
- BANQUE DE TUNISIE registered a net profit of TND 68m in H1 2018, i.e. up by 21.8% compared to the same period of the previous year;
- In Ghana, the Government loses USD 5.7bn of GDP annually due to the influx of fake, counterfeit and substandard goods on the Ghanaian markets;
- Among the African markets, the Egyptian stock market recorded the highest daily performance (+1.47%), while the Nigerian stock exchange recorded the lowest one (-0.52%).
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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