African Markets Review 11 13 18
- Imminent inauguration of the Tangier High Speed Line new station in Morocco, which required an investment of MAD 360m, according to the electronic press;
- Worsening of the Tunisian energy deficit at the end of October 2018 to TND 4,684m against TND 2,700m in the same period in 2017, according to the local Central Bank;
- The South African mobile phone Company MTN GROUP plans to apply for payment banking license in Nigeria by the second quarter of 2019, according to the business press;
- Among the African markets, the Egyptian stock market recorded the highest daily performance (+0.79%), while the Ghanaian stock exchange recorded the lowest one (-1.91%).
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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