Morning Brief - December 19th, 2022

FINANCIAL MARKET HEADLINES
CÔTE D’IVOIRE | SIB | Net income up 17% at the end of September 2022
At the end of September 2022, the Net Banking Income of SIB (Société Ivoirienne de Banque) jumped by 10.0% to FCFA 63.0 Bn. Likewise, the bank's net income recorded an increase of 16.9% during the same period to settle at FCFA 31.1 Bn.

ECONOMIC HEADLINES
| MOROCCO | INDUSTRY | The manufacturing production index up 3.1% in Q3 2022
According to HCP, the production index for the manufacturing industries excluding oil refining recorded an increase of 3.1% in Q3 2022 compared to Q3 2021. Meanwhile, the production indices for mining industries and of electric energy fell by 19.0% and 0.2% respectively during the same period.

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