Financial and Economic news of Sept 19, 2025

Latest financial market news

Morocco | Sonasid : A profit of MAD 97 Mn in H1 2025

Sonasid delivered a robust performance in the first half of 2025. Revenue reached MAD 3,054 million, marking a 25.3% increase compared to MAD 2,437 million a year earlier. At the same time, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) more than doubled, rising from MAD 121 million to MAD 252 million—an impressive 108.3% increase. As a result, the EBITDA margin improved by 3.3 percentage points, reaching 8.3%.

Net Income Group Share stood at MAD 97 million, compared to just MAD 21 million in the same period of 2024, representing a gain of MAD 76 million. The net margin also strengthened, rising by 2.3 percentage points to 3.2%, up from 0.9% a year earlier.

Economic news

Morocco | Public finances : Figures at the end of August 2025

At the end of August 2025, Treasury ordinary revenues increased by 13.2% to MAD 257.8 Bn. This trend reflects the increase of 15.1% in tax revenue to MAD 224.3 Bn and 2.2% in non-tax revenue to MAD 30.2 Bn.

Furthermore, overall expenses reached MAD 317.5 Bn up 18.4%, taking into account an increase of 14.5% in ordinary expenses to MAD 242.3 Bn and 3.7% in CAPEX to MAD 67.9 Bn. Note that the subsidies expenses settled at MAD 13.3 Bn during the same period, down 26.8%.

Côte d’Ivoire | Inflation : An inflation rate of -0.8% in August 2025

According to the National Agency of Statistics of Côte d’Ivoire (Anstat), the Harmonized Consumer Prices Index rose by 0.2% in August 2025 compared to the previous month. On an annual basis, the inflation rate stood at -0.8%.