FINANCIAL MARKET HEADLINES
| MOROCCO | STOKVIS NORD AFRIQUE | The final completion of the sale transaction with Loxam
In a press release, Stokvis Nord Afrique announces that it has concluded with Loxam, on June 28th 2023, an agreement for the sale of all the shares representing 49% of the capital of its subsidiary Atlas Rental.
This operation is part of the restructuring process of the Stokvis Nord Afrique Group aiming to optimize its portfolio. The comple-tion of the Transaction is effective starting from July 11th 2023.
ECONOMIC HEADLINES
| BURKINA FASO | INFLATION | An inflation rate down by 0.7% in June 2023
According to the National Institute of Statistics and Demography (INSD), the Harmonized Consumer Prices Index (IHPC) of Burki-na Faso increased by 1.6% in June 2023 compared to the previous month. Year-on-year, it recorded a decline of -0.7%.
Read More.
