FINANCIAL MARKETS HEADLINES
| MOROCCO | DARI COUSPATE | Acquisition project of Grandes Semouleries du Maroc
In a press release, Dari Couspate announced that it has submitted an offer to Les Grandes Semouleries du Maroc S.A. (GSM), one of its main historical suppliers, for the acquisition by DARI of all of its industrial assets. This offer was accepted by GSM. This ac-quisition project concerns all of the tangible assets belonging to GSM, in particular a durum wheat semolina mill with a capacity of 240 tons per day, located in Casablanca.
The completion of this transaction is subject to a number of conditions precedent, including ongoing due diligence and obtaining the required regulatory authorizations. The parties aim to achieve this transaction no later than March 26th 2025.
ECONOMIC HEADLINES
| CAMEROON | INFLATION | An inflation rate of 4.5% in 2024
According to the National Institute of Statistics of Cameroon (INS), the Harmonized Consumer Prices Index rose by 0.6% in De-cember 2024 compared to the previous month. On an annual basis, the inflation rate stood at 5.0%.
In 2024, Cameroon's annual inflation rate stand at 4.5%, above the 3% threshold set by CEMAC.
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