African Markets Review 11 30 17
- In Morocco, OCP’s September 2017 results show a 12.6% improvement in sales to MAD 36bn and an increase of the EBITDA by 10.1% to MAD 10.1bn;
- In Tanzania, SONGAS LIMITED has paid TZS 11.6bn dividends to the Government;
- In Nigeria, the Government raised USD 3bn at the international capital market;
- In Kenya, an agreement was signed to build a 530 km highway from its east coast to the center of the country for a USD 620m investment;
- Among the African Markets, The Kenya Stock Exchange recorded the highest daily performance (+1.41%) while the Mauritius Stock Exchange had the worst one (-0.57%).
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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