FINANCIAL MERKET HEADLINES
| MOROCCO | TGCC | NIGS up 47% in H1 2022

| MOROCCO | DISTY TECHNOLOGIES | Net income down 12% in H1 2022

| MOROCCO | MED PAPER | A profit of MAD 4 Mn in H1 2022

| MOROCCO | MAGHREBAIL | Net income up 17% in H1 2022

ECONOMIC HEADLINES
| MOROCCO | GDP | EBRD forecasts a growth rate of 3.3% in 2023

According to the European Bank for Reconstruction and Development (EBRD), Morocco's GDP growth rate should stand at 1.1% in 2022. In 2023, the financial institution forecasts a growth rate of 3.3%.

| CEMAC | GDP| BEAC forecasts a growth rate of 3.2% in 2022
According to the Bank of Central African States (BEAC), the growth rate of CEMAC’s economic activity should reach 3.2% in 2022 against 1.5% in 2021.


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