African Markets Review 12 13 17
- In Morocco, MAROC TELECOM has obtained the "Best African Operator" award at TELECOM REVIEW EXELLENCE AWARDS 2017;
- In Egypt, the draft budget for FY 2017/2018 allocated about EGP 110bn for fuel subsidies based on average of USD 55 per barrel of oil (vs. USD 60 now) and an average Dollar price of EGP 16 (vs. EGP 17.7 now);
- In Nigeria, the federal Government will redeem next week NGN 198bn worth of T-bills maturing between the 14th and the 21th of the current month;
- Among the African Markets, Kenya Stock Exchange recorded the highest daily performance (+1.41%) while Tunisia Stock Exchange recorded the lowest (-0.14%).
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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