Morning Brief of February 12th 2025

FINANCIAL MARKETS HEADLINES

| MOROCCO | MARSA MAROC | Consolidated revenue up 16% in 2024
In 2024, the overall traffic handled by Marsa Maroc and its subsidiaries amounted to 63.3 MT, i.e. an increase of 11.2%, year-on-year. In this context, the operator's consolidated revenue rose by 15.9% during the same period to MAD 5,008 Mn.

| MOROCCO | ADDOHA | Issuance of a guaranteed bond loan of MAD 750 Mn
AMMC approved, on February 11th 2025, a prospectus relating to the issuance by Addoha of a bond loan reserved for holders of existing bonds and guaranteed by a mortgage on a company’s real estate asset. The amount of this loan is set at MAD 750 Mn with a maturity of 6 years and a risk premium of 300 BPS. The subscription period runs from February 18th to 20th 2025 included.

ECONOMIC HEADLINES

| SENEGAL | INFLATION | An inflation rate of 1.8% in January 2025
According to the National Agency for Statistics and Demography (ANSD), Senegal's Harmonized Consumer Prices Index increased by 1.1% in January 2025 compared to the previous month. On an annual basis, the inflation rate reached 1.8%.

 

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