Latest financial market news

| MOROCCO | MAROC TELECOM | Recurring NIGS up 0.5% in H1 2025

Despite a slight decline in revenue (-1.2%) and adjusted EBITDA (-4.2%) in the first half of 2025, posted a 0.5% increase in recurring net income, supported by an improvement in net margin to 16.4%. The published RNPG also recorded a strong rebound, rising by over MAD 5 billion.

| MOROCCO | AFRIC INDUSTRIES | Revenue up 7% in H1 2025

In Q2 2025, Afric Industries' revenue reached MAD 10,6 Mn, up 5.1% year-on-year. In H1 2025, this recorded an increase of 7.4% to MAD 21,3 Mn.

Economic News

| CAMEROON | INFLATION | An inflation rate of 3.2% in June 2025

According to (INS), the National Harmonized Consumer Prices Index of Cameroon shows an increase of 0.3% in June 2025 compared to the previous month. On a annual basis, the inflation rate stands at 3.2%.

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