FINANCIAL MARKET HEADLINES
| MOROCCO | COLORADO | Revenue up 3% in Q1 2023

In Q1 2023, Colorado’s sales volume stood at 10.4 KT, up 2.0%. In this context, the operator's revenue recorded an increase of 2.9% at the end of March 2023 to settle at MAD 119.4 Mn.

ECONOMIC HEADLINES
| BENIN | INFLATION | An inflation rate of 3.8% in April 2023

According to the National Institute of Statistics and Demography (INSTAD), Benin's Harmonized Consumer Prices Index fell by 2.8% in April 2023 compared to the previous month. Year-on-year, the inflation rate stands at 3.8%.

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