FINANCIAL MARKET HEADLINES
| MOROCCO | LABEL VIE | NIGS up 6% in 2020, DPS raised to MAD 60
|
Indicators (MAD Mn) |
2019 |
2020 |
Change |
|
Revenue |
10 396 |
11 012 |
5,9% |
|
EBITDA |
790 |
910 |
15,2% |
|
EBITDA margin |
7,6% |
8,3% |
+0,7 pts |
|
NIGS |
312 |
330 |
5,9% |
|
Net margin |
3,0% |
3,0 |
- |
|
DPS (MAD) |
56,36 |
60 |
6,5% |
| MOROCCO | DISWAY | Consolidated revenue up 5.3% in 2020
In 2020, Disway's consolidated revenue stood at MAD 1,709 Mn compared to MAD 1,623 Mn a year earlier, recording an increase of 5.3%.
ECONOMIC HEADLINES
| MOROCCO | INVESTMENT | Approval of investment projects worth MAD 11.3 Bn
The investment commission held under the chairmanship of the head of government on February 17th 2021 approved 34 projects for a total amount of MAD 11.3 Bn. These should generate 3,500 direct jobs and 5,819 indirect jobs. These projects will be as follows :
29% in the tourism and leisure sector, 22% in transport and infrastructure, 20% in education and higher education, 18% in renewable energies and desalination of seawater and finally 11% in industry.
| TOGO | INFLATION | Prices up 1.9% y-o-y in January 2021
According to the National Institute of Statistics and Economic and Demographic Studies, Togo's Harmonized National Consumer Price Index rose slightly by 0.2% in January 2021, compared to the previous month. Year-on-year, the inflation rate stands at +1.9% below the community convergence threshold set at 3.0% by WAEMU.
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