Morning Brief november 21th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | CIH BANK | NIGS up 45% at the end of September 2022

| MOROCCO | CARTIER SAADA | Revenue up 16% during the period from 04/01/2022 to 09/30/2022
During the period from 04/01/2022 to 09/30/2022, Cartier Saada's revenue increased by 15.8% to MAD 109.8 Mn. In this context, exports accounted for 98% of the company's revenue during the same period, up 17.3%.

ECONOMIC HEADLINES
| CÔTE D’IVOIRE | INFLATION | An inflation rate of 6.2% in October 2022
According to the National Institute of Statistics, Côte d’Ivoire's Harmonized Consumer Prices Index increased by 0.3% in October 2022 compared to the previous month. Year-on-year, the country's inflation rate settles at 6.2%.

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