FINANCIAL MARKET HEADLINES
| MOROCCO | HPS | Results of the capital increase in cash reserved for employees and eligible consultants
The results of the capital increase in cash reserved for employees and eligible consultants of HPS and Group’s subsidiaries are as follows:
- Number of shares before transaction: 703,599;
- Capital before operation: MAD 70,359,900;
- Number of shares issued: 37,020;
- Number of shares after operation: 740,619;
- Capital after operation: MAD 74,061,900.
ECONOMIC HEADLINES
| SENEGAL | GDP | The IMF forecasts a growth rate of 5.3% in 2023
According to the International Monetary Fund (IMF), the Senegalese economy would record a growth rate of 5.3% in 2023 against 4.7% in 2022. This would be driven in part by the emergence of the gas and oil sector.
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