Morning Brief November 7th 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | COSUMAR | The Group plans to double its cultivated areas for the 2024-2025 sugar crop
According to the press, Cosumar Group should increase the areas dedicated to sugar beet to 45,000 hectares during the crop 2024-2025 against 23,000 hectares during the previous crop. Regarding the cultivation of sugar cane, the operator plans to exploit 5,000 hectares in the regions of Gharb and Loukkos.

| BURKINA FASO | ONATEL BF | Net income down 17% at the end of September 2024
At the end of September 2024, Onatel’s revenue amounted to FCFA 107 Bn, rising by 1.9% compared to the same period of the previous year. Meanwhile, the operator’s net income fell by 17.3% at the end of September 2024 to settle at FCFA 13 Bn.

 

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