FINANCIAL MARKET HEADLINES
| MOROCCO | TAQA MOROCCO | Signing of a partnership with Nexans for the decarbonization of its industrial plants
In a press release, TAQA Morocco announces the signing of a memorandum of understanding with Nexans for the supply of electrical energy from renewable sources necessary for the electric consumption of Nexans’ sites in Morocco and the decarbonization of its industrial activities.
ECONOMIC HEADLINES
| MOROCCO | TOURISM | Tourist arrivals up 36% at the end of November 2023
In November 2023, nearly a million tourists visited Morocco, recording an increase of 9% compared to the same period of the previous year. During the first 11 months of 2023, tourist arrivals in Morocco jumped by 36% year-on-year to reach 13.2 million tourists. This is a level higher than that recorded throughout the year 2019.
| CÔTE D’IVOIRE | INFLATION | An inflation rate of 3.7% in November 2023
According to the National Institute of Statistics of Côte d'Ivoire, the Harmonized Consumer Prices Index recorded an increase of 0.2% in November 2023 compared to the previous month. Year-on-year, the inflation rate stood at 3.7%.
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