Morning Brief november 2nd, 2023

FINANCIAL MARKET HEADLINES
| SENEGAL | SONATEL | Net income up 20% at the end of September 2023
At the end of September 2023, Sonatel SN recorded a revenue worth FCFA 1,201.5 Bn, jumping by 11.3% year-on-year. Likewise, the operator's net income rose by 20.1% to FCFA 240.6 Bn during the same period.

ECONOMIC HEADLINES
| MOROCCO | BANK CARDS | The number of operations up 17% at the end of September 2023
According to the Interbank Monetary Center (CMI), the overall volume of transactions carried out by bank cards shows an increase of 16.5% in terms of operations number at the end of September 2023. In value, this shows an appreciation of 17.3% dur-ing the same period.

| NIGER | INFLATION | An inflation rate of 7.8% in September 2023
According to the National Institute of Statistics (INS), Niger's Harmonized Consumer Prices Index shows an increase of 1.9% in September 2023 compared to the previous month. Year-on-year, the inflation rate stands at 7.8%.

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