African Markets Review 10 02 18
- The Moroccan company COSUMAR created a 35,000 ton capacity specialty vegetable fat plant with WILMAR in Casablanca for an investment of MAD 350m...
- ... And, invested in a new white sugar packaging and marketing company in Guinea Conakry called COMAGUIS (55% owned by COSUMAR);
- The telecommunications sector revenues in Tunisia went up by 9.5% in H1 2018, according to the business press;
- Egypt’s current account deficit for the 2017-18 financial years that ended in June narrowed by 58.6% to USD 6bn, according to the Central Bank;
- Among the African markets, the Ghanaian stock market recorded the highest daily performance (+1.30%), while the Egyptian stock market recorded the lowest one (-1.16%).
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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