Morning Brief february 14th, 2023

FINANCIAL MARKET HEADLINES
| MOROCCO | CMT | Acceleration of mining projects’ development
In a press release, CMT announces the acceleration of its mining projects’ development with very promising results of the feasi-bility study related to the copper project in the province of Azilal and the confirmation of the commissioning of the new well in the Tighza site during H1 2024. The latter would allow an increase in the processing of raw materials by 10 to 15% in 2024 and 30% in 2025.

ECONOMIC HEADLINES
| BURKINA FASO | INFLATION | An inflation rate of 8.2% in January 2023
According to the National Institute of Statistics and Demography (INSD), the Harmonized Consumer Prices Index of Burkina Faso fell by 1.8% in January 2023 compared to the previous month. Year-on-year, the inflation rate stands at 8.2%.

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