FINANCIAL MARKET HEADLINES
| MOROCCO | AFRIC INDUSTRIES | Revenue down -3% in 2020
In Q4 2020, Afric Industries' revenue increased by 19% compared to the same period of the previous year to settle at MAD 11.2 Mn. In 2020, the operator’s revenue fell by -3% to MAD 41.7 Mn.
| MOROCCO | SRM | Revenue down -31% in 2020
|
Indicators (MAD Mn) |
2019 |
2020 |
Change |
|
Revenue |
361 |
248 |
-31,3% |
|
EBITDA |
14 |
12 |
-12,9% |
|
EBITDA margin |
3,9% |
5,0% |
+1,1pts |
ECONOMIC HEADLINES
| WAEMU | BUSINESS CLIMATE | A drop of 6% y-o-y in December 2020
According to the Central Bank of West African States , the WAEMU Business Climate Index stood at 97.5 points in December 2020, recording an increase of 0.1% compared to the previous month. On a year-on-year basis, the index decreased by 6.25%.
| WAEMU | INFLATION | Prices up 2.3% y-o-y in December 2020
According to the Central Bank of West African States, the inflation rate of WAEMU member countries stood at 2.3% in December 2020. This mainly results from the increase in the prices of “Food and non-alcoholic beverages” (+1.9%), “Restaurants and Ho-tels” (+0.2%) and “Textile” (+0.1%).
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