Economic news

| MOROCCO | LENDING RATES | The weighted average rate down 14 BPS in Q2 2025

According to the results of survey on lending rates, the overall weighted average rate settled at 4.84% in Q2 2025 down -14 BPS compared to the previous quarter. In this context, the lending rates declined by -32 BPS to 4.83% for equip-ment loans, by -25 BPS to 6.88% for consumer loans, by -9 BPS to 4.65% for treasury loans and by -5 BPS to 5.13% for mortgage loans.

| SENEGAL | INFLATION | An inflation rate of 1.8% in July 2025

According to (ANSD) of Senegal, the Harmonized Consumer Prices Index increased by 1.1% in July 2025, compared to the previous month. On an annual basis, the inflation rate stood at 1.8%.

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