African Markets Review 11 01 17
Morocco was ranked 69th worldwide, down by one rank compared to the previous year,
according to the DOING BUSINESS 2018 report;
In Tunisia, BANQUE DE L'HABITAT got the visa from the Financial Market Council in
order to increase its capital to TND 238m by cash subscription, through the issuance of
6,800,000 new free shares and the incorporation of reserves;
Signature of three agreements and a memorandum of understanding between Egypt and
the European Union regarding social, environmental and infrastructure projects,
according to the Egyptian Ministry of Investments;
Among the African Markets, the Kenyan Stock Exchange recorded the highest daily
performance (+1.49%) while the BVRM recorded the lowest (-0.52%) one.
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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