FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | The subordinated bond loan of MAD 500 Mn oversubscribed more than 4.87x
Attijariwafa bank closed the issuance of the subordinated bond loan worth MAD 500 Mn launched on June 18th 2020. This opera-tion was oversubscribed more than 4.87 times.
ECONOMIC HEADLINES
| SENEGAL | INDUSTRY | Production index up 15% y-o-y in April 2020
According to the National Agency for Statistics and Demography of Senegal (ANSD), the Harmonized Industrial Production Index increased by 5.6% in April 2020 compared to the previous month. On a y-o-y basis, it jumped by 14.7%.
| CAMEROON | INFLATION | An inflation rate of 2.1% in May 2020
According to Cameroon’s National Institute of Statistics, the Consumer Price Index fell by 0.2% in May 2020 compared to the pre-vious month. Compared to the same period of 2019, the general price level increased by 2.1%.
