African Markets Review 11 20 17
- The Moroccan cement producer CIMAF announced the opening of its 2nd unit in Côte d’Ivoire for USD 63m;
- In Nigeria, execution of a USD 1.7bn deal between the NIGERIAN NATIONAL PETROLEUM CORPORATION / CHEVRON NIGERIA LIMITED to increase crude oil and gas production;
- KENYA AIRWAYS’ operating profits increased by a solid 52% to KES 1.44bn in the first half ended September;
- Among the African countries, DAR ES SALAM STOCK EXCHANGE recorded the highest daily performance (+0.63%) while the EGYPTIAN STOCK EXCHANGE recorded the lowest one (-0.95%).
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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