Morning Brief August 15th 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | COLORADO | Revenue down 5% in H1 2024
In H1 2024, Colorado's sales volume fell by 3.2% to 26,000 tons. In this context, the company’s revenue stood at MAD 281.7 Mn at the end of June 2024, recording a decrease of 5.1% year-on-year.

| MOROCCO | MAROC LEASING | Net income down 8% in H1 2024

ECONOMIC HEADLINES

| TOGO | INFLATION | An inflation rate of 4.0% in July 2024
According to the National Institute of Statistics and Economic and Demographic Studies (INSEED), the National Harmonized Con-sumer Prices Index of Togo increased by 0.5% in July 2024 compared to the previous month. On an annual basis, the inflation rate stands at 4.0%.

 

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