FINANCIAL MARKET HEADLINES
| MOROCCO | CMT | Issue of ordinary bonds by private placement for an amount of MAD 250 Mn
In a press release, Compagnie Minière de Touissit (CMT) announces the issuance of ordinary bonds by private placement for a total amount of MAD 250 Mn to qualified investors. The target of this bond loan is to allow the company to finance its development plan and to diversify its sources of financing.
ECONOMIC HEADLINES
| TUNISIA | WORKERS REMITTANCES | An increase of 23% as of June 10th 2021
As of June 10th 2021, Tunisians’ workers remittances increased by 23.4% to TND 2,639.2 Mn compared to TND 2,131.3 Mn during the previous year.
| SENEGAL | INFLATION | Prices up 1.3% y-o-y in May 2021
According to ANSD, Senegal's Harmonized Consumer Prices Index rose by 0.3% in May 2021 compared to the previous month. Year-on-year, the inflation rate stands at +1.3% below the community convergence threshold of 3.0% set by WAEMU.
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