Morning Brief november 20th, 2023

FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS up 27% at the end of September 2023

| MOROCCO | BANK OF AFRICA | NIGS up 15% at the end of September 2023

ECONOMIC HEADLINES
| MOROCCO | FISHING | Sector’s revenue up 6% at the end of October 2023
According to the National Fisheries Office, landings of inshore and artisanal fishery products declined by 11% at the end of October 2023 to stand at 1,108,330 tons. Meanwhile, the sector's revenue settled at MAD 8.7 Bn increasing by 6% compared to the same period of the previous year.

| TOGO | INFLATION | An inflation rate of 5% in October 2023
According to the National Institute of Statistics and Economic and Demographic Studies (INSEED) of Togo, the National Harmonized Consumer Prices Index increased by 0.7% in October 2023, compared to the month previous. Year-on-year, the inflation rate stands at 5.0%.

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