Morning Brief December 6th 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | STROC INDUSTRIE | Revenue up 9% at the end of September 2024
In Q3 2024, Stroc Industrie's revenue stood at MAD 24.6 Mn, recording an increase of 33.0%. At the end of September 2024, the company’s revenue rose by 9.3% to MAD 73.8 Mn.

ECONOMIC HEADLINES

| WAEMU | MONETARY POLICY | The BCEAO kept unchanged its key rates
Following its meeting held on December 4th 2024, the Monetary Policy Committee of the Central Bank of West African
States (BCEAO) decided to maintain the main key rate at which the Central Bank lends its resources to banks at 3.50%, as well as the interest rate on the marginal lending window at 5.50%, levels in force since December 16th 2023.

 

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