Morning Brief - mai 13th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | TAQA MOROCCO | NIGS up 22% in Q1 2022

| MOROCCO | AFRIC INDUSTRIES | Revenue up 4% in Q1 2022
In Q1 2022, Afric industries’ revenue amounted to MAD 12.4 Mn against MAD 12.0 Mn during the same period of the previous year, recording an increase of 3.6%.

ECONOMIC HEADLINES
| SENEGAL | INFLATION | Consumer prices up 7% y-o-y in April 2022
According to the National Agency for Statistics and Demography (ANSD), Senegal's Harmonized Consumer Price Index rose by 1.0% in April 2022 compared to that of the previous month. Year-on-year, the inflation rate stands at 7.0% above the community convergence threshold of 3% set by WAEMU.

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