African Markets Review 10 09 17
- In Morocco, the national economy has grown by 3.8% in Q3 2017 and is expected to reach 3.9% in Q4 2017, according to the High Commission for Planning …
- …And, STANDARD & POORS maintained the Kingdom's sovereign rating at BBB-, with a stable outlook for the country's solvency;
- In Côte d’Ivoire, signature of a bilateral agreement with Spain on October 6th, 2017, to convert the Ivorian debt of EUR 50.3m into development projects;
- In Egypt, the real estate tax revenue jumped by 455% to EGP 2bn in H1 2017 compared to the same period last year, following the implementation of the new tax law;
- The Nigerian Stock Exchange recorded the highest daily performance among African Markets (+1.70%) while the Casablanca Stock Exchange recorded the lowest (-0.51%).
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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