Morning Brief February 8th, 2024

FINANCIAL MARKET HEADLINES
| MOROCCO | MAGHREB OXYGÈNE | Profit warning
In a press release, Maghreb Oxygène announces that its FY 2023 results, although profitable, should experience a decline com-pared to the previous year.
Therefore, the consolidated net income would drop by 37% compared to the FY 2022 while the parent company income should remain stable compared to the previous year.

ECONOMIC HEADLINES
| CÔTE D’IVOIRE | RATING | Fitch Ratings affirms Côte d'Ivoire at 'BB-'
On February 2nd 2024, Fitch Ratings has affirmed Côte d'Ivoire's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'BB-' with a stable outlook.

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