African Markets Review 11 17 17
- In Morocco, BCP has invested MAD 100m in order to acquire more than 16% stake in the capital of the Moroccan reinsurance company MAMDA RE;
- The Government of Benin plans to inject more than USD 845m in 277 socio-economic projects, according to the State Ministry in charge of the Sustainable Development Plan;
- In Egypt, the COMMERCIAL INTERNATIONAL BANK has received a subordinated loan of USD 100m from the EBRD in order to strengthen its capital base and support the growth of its lending in the country;
- Among the African Markets, the Ghana Stock Exchange recorded the highest daily performance (+1.42%) while the Egyptian Exchange recorded the lowest (-1.27%).
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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