African Markets Review 09 12 18
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n Morocco, SNEP published its H1 accounts showing: ü A 9.2% rise in consolidated sales to MAD 477.7m; ü And, a 50% decline in the company’s consolidated income to MAD 21.4m. The Tunisian Company ENOVA ROBOTICS completed a fundraising of around TND 4.5m via the asset management company CAPSA CAPITAL PARTNERS, according to the business press; Kenyan Banking sector registered a Banks deposits’ increase by 12.01% in 2017 to reach KES 305.3bn in comparison with 2016 and pulled up by MWALIMU NATIONAL SACCO, STIMA, HARAMBEE AND KENYA POLICE, according to the business press; Among the African markets, the Moroccan stock market recorded the highest daily performance (+0.48%), while the Tanzanian stock exchange recorded the lowest one (-3.53%). |
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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