Latest financial news

| MOROCCO | CIMENTS DU MAROC | Consolidated revenue up 23% in 2025

In 2025, Cimar's consolidated revenue amounted to MAD 5,408 Mn against MAD 4,387 Mn a year earlier, recording an increase of 23.3% YoY. On a proforma basis (including the consolidated revenue in Asment de Témara in H2 2024), the Group’s consolidated revenue recorded an increase of 9.1%.

| MOROCCO | MAROC LEASING | Net income up 2% in 2025

  • NBI: 379 million MAD in 2024 and 387 million MAD in 2025, representing an increase of 2.1%.
  • Net income: 105 million MAD in 2024 and 107 million MAD in 2025, reflecting a rise of 1.9%.
  • Net margin: 27.8% in 2024 and 27.7% in 2025, showing a slight decline of 0.1 point.

| MOROCCO | AFMA | Consolidated revenue up 11% in 2025

In Q4 2025, Afma's consolidated revenue stood at MAD 80 Mn, up 8.1% YoY. In 2025, the company's consolidated revenue rose by 10.8% to MAD 317 Mn.

Economic news

| MOROCCO | TOURISM | Tourist arrivals up 3% in January 2026

According to the latest report of the Observatory of Tourism, tourist arrivals in Morocco reached 1.3 million tourists in January 2026, displaying an increase of 3% compared to the same month of the previous year.

| MALI | FOREIGN TRADE | Figures in Q3 2025

According to (INSTAT), Mali's exports rose by 51.1% in Q3 2025 to FCFA 713.4 Bn. Likewise, imports increased by 15.8% to FCFA 1,086.5 Bn. In this context, the trade balance shows a deficit of FCFA -373.1 Bn in Q3 2025 against FCFA -465.9 Bn a year earlier.

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