ECONOMIC HEADLINES
| MOROCCO | FISHING | Sector’s revenue up 14% at the end of May 2022
According to the National Fisheries Office, landings of inshore and artisanal fishery products increased by 14% at the end of May 2022 to stand at 472,808 tons. Likewise, the sector's revenue rose by 14% compared to the same period of the previous year to settle at MAD 4.2 Bn.
| CAMEROON | RATING | Fitch ratings affirms Cameroon at 'B' with stable outlook
On June 10th 2022, Fitch Ratings has affirmed Cameroon's Long-Term Foreign-Currency Issuer Default Rating (IDR) at “B” with a stable outlook. According to the same source, Cameroon's GDP growth rate should stand at 3.7% in 2022 and 4.0% in 2023.
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