Morning Brief - october 24th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | LYDEC | Results of the Public Buyout Offer
 The results of the Public Buyout Offer for Lydec shares at the initiative of VEOLIA Environnement acting in concert with VIGIE 50 AS are the following: · 
• Number of concerned shares : 127,113;  · 
• As a % of capital: 1,59%; · 
• Number of presented shares: 100,850; · 
• As a % of capital: 1,26%; · 
• Number of shares’ providers: 265; · 
• Participation rate: 79.33%.

ECONOMIC HEADLINES
| SENEGAL | FOREIGN TRADE | Widening of the trade deficit at the end of August 2022 
According to the National Agency of Statistics and Demography (ANSD), Senegal’s exports amounted to FCFA 2,360 Bn in August 2022, up 28.3% compared to the same period of the previous year. Similarly, imports increased by 39.3% to stand at FCFA 4,592 Bn. In this context, the trade deficit settles at FCFA -2,232 Bn at the end of August 2022 against FCFA -1,459 Bn a year earlier.

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