Economic and financial headlines of March 21, 2025

Financial Market Headlines

| MOROCCO | AKDITAL | NIGS up 80% in 2024, DPS raised to MAD 10

| MOROCCO | LESIEUR CRISTAL | A profit of MAD 24 Mn in 2024, DPS raised to MAD 3

Economic Headlines

| MOROCCO | INFLATION | An inflation rate of 2.6% in February 2025

In February 2025, the Consumer Prices Index rose by 0.3% compared to January 2025, taking into account the increase of 0.6% in the food products index and 0.2% in the non-food products index. Year-on-year, the inflation rate stands at 2.6%.

Note that the underlying inflation indicator which excludes products at volatile prices and products at public tariffs, increased by 0.2% in February 2025 compared to the previous month and by 2.4% year-on-year.

| CAMEROON | FUNDING | The World Bank approved two operations worth $ 400 Mn

The World Bank Group Board of Executive Directors approved two operations for Cameroon for a total amount of FCFA 239.6 Bn, i.e. $ 400 Mn. The two operations will complement each other to improve the use and transparency of public finances while enhancing resilient, sustainable and inclusive growth for the country.