FINANCIAL MARKET HEADLINES
| MOROCCO | S2M | Millenum Ventures crossed downward the participation threshold of 5% in S2M capital
According to the AMMC, the company Millenum Ventures sold on December 24th 2021, 29,890 S2M shares on the central market, at a unit price of MAD 205, crossing downward the participation thresholds of 5% in the capital of S2M. In addition, Millenum Ven-tures sold, on December 28th 2021, 30,446 S2M shares.
Following these transactions, Millenum Ventures holds:
- directly: 0 S2M action
- and indirectly: 427,563 S2M shares, representing 52.65% of S2M par capital, through its subsidiary Medtech SA.
ECONOMIC HEADLINES
| MOROCCO | CEMENT | Domestic consumption up 15% in 2021
In December 2021, cement sales rose by 6.9% to 1,255,552 tons. In this context, domestic consumption during the year 2021 stood at 13,974,900 tons, up 14.8% year-on-year.
| NIGER | INFLATION | Prices up 4.3% y-o-y in November 2021
According to the National Institute of Statistics (INS), the Harmonized Consumer Prices Index of Niger fell by 0.2% in November 2021 compared to the previous month. Year-on-year, the inflation rate stands at +4.3% above the community convergence thresh-old set at 3.0% by WAEMU.
Read More.
