FINANCIAL MARKET HEADLINES
| MOROCCO | CSE | Dominance of investors from Europe and the Middle East

According to AMMC, investors from Europe and the Middle East represent respectively 15.1% and 13.4% of the overall Equity market capitalization in 2021. Likewise, the weight in overall foreign investment stands at 44, 3% for European investors and 49.9% for investors from the Middle East.

ECONOMIC HEADLINES
| TUNISIA | INDUSTRY | Investments down 21% in H1 2022

At the end of June 2022, investments in the industry sector fell by 20.5% to TND 1,041.7 Mn. In this context, the agri-business in-dustries as well as the mechanical and electrical industries were the major contributors with respective shares of 35.4% and 30.0%.

| GABON | FOREIGN TRADE | Improvement in trade surplus in Q1 2022
In Q1 2022, Gabon's trade balance shows a surplus of FCFA 916.4 Bn against FCFA 298.3 Bn a year earlier. This is mainly due to the greater increase in exports (+113.7% to FCFA 1,276.5 Bn) compared to imports (+20.4% to FCFA 360.1 Bn) during the period under review.


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