African Markets Review 10 23 18
- Revival of the privatization program is being included in the Moroccan 2019 Finance Law project and forthcoming submission of an updated list to the Council of Government before being submitted to the Parliament…
- … And, investments by Companies and public institutions down by 8% compared to the initial 2018 forecasts to reach MAD 99bn, according to the business press;
- MOODY’S confirmed the rating of the long-term deposits of five Tunisian banks namely AMEN BANK, ATB, BT, BIAT, and STB, while their prospects went from stable to negative, according to the business press;
- Congo and China are preparing the 3rd phase of the national telecommunications coverage project which will eventually make it possible to cover the entire African country in telecommunications infrastructure supported by an optical fiber backbone;
- Among the African markets, the Egyptian stock market recorded the highest daily performance (+0.90%), while the BRVM recorded the lowest one (-0.47%).
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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