African Markets Review 09 04 18
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In Morocco, the average absolute gap between the average regional GDP and the GDP of the different regions rose from MAD 56.8bn in 2015 to MAD 58.1bn in 2016, according to the business press… ... And, HCP reported a concentration of wealth up to 58.2% in three regions (Casablanca-Settat, Rabat-Salé-Kenitra, and Tangier-Tetouan-Al Hoceima) in 2016; The Tunisian WIFAK BANK announced a net loss of TND 3.4m in H1 2018 against a net profit of TND 396m in the same period last year, according to the business press; The Ghanaian Government announced that the country could issue a USD 50bn Century Bond to finance its development projects; Among the African markets, the Tanzanian stock market recorded the highest daily performance (+0.15%), while the BRVM recorded the lowest one (-1.05%). |
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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