Morning Brief march 12th, 2024

FINANCIAL MARKET HEADLINES
| MOROCCO | CRÉDIT DU MAROC | NIGS up 24% in 2023, DPS raised to MAD 34.2

ECONOMIC HEADLINES
| MOROCCO | REAL ESTATE | The Real Estate Assets Prices Index up 1.1% in Q4 2023
According to Bank Al-Maghrib, the Real Estate Assets Prices Index increased by 1.1% in Q4 2023 compared to the same quarter of the previous year. This results from the increase of +0.6% in residential prices and +2.1% in land prices and the decrease of -0.4% in prices of assets for professional use. Quarter-on-quarter, the index shows an increase of 0.1%.
Regarding the number of transactions, these fell by -3.1% in Q4 2023 compared to the same period of the previous year and rose by 2.0% compared to the previous quarter.

| SENEGAL | INFLATION | An inflation rate of 2.3% in February 2024
According to the National Agency for Statistics and Demography (ANSD), Senegal's Harmonized Consumer Prices Index fell by 0.6% in February 2024 compared to the previous month. Year-on-year, the inflation rate stood at 2.3%.

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