African Markets Review 10 23 17
- In Morocco, MAROC TELECOM’s financial indicators at the end of September 2017 are showing consolidated sales down by 2.5% to MAD 26,020m (i.e. 75% of our yearly forecasts not yet adjusted)…
- … And, the CASA ANFA PROJECT aims to create a new urban centrality in the center of Casablanca on a total surface of more than 350 ha;
- The World Bank has signed a USD 155m agreement with the WEST AFRICAN DEVELOPMENT BANK to develop social housing in WEST AFRICAN ECONOMIC AND MONETARY UNION (WAEMU) countries;
- The NATIONAL BANK OF EGYPT was granted the “Strongest Bank” award in Egypt and Africa of 2017, according to the Asian Banker Institute;
- Among the African Markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.38%) while the Kenyan Stock Exchange recorded the lowest (-1.33%).
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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