Morning Brief of January 8th 2025

ECONOMIC HEADLINES

| MOROCCO | AUTOMOTIVE | The market is expected to grow by nearly 5% in 2025
According to the chairman of the Association of Vehicle Importers in Morocco (AIVAM), vehicle sales are expected to record a growth of nearly 5% in 2025, equivalent to around 185,000 units.

| TOGO | FINANCING | A funding worth $ 58.7 Mn from the IMF
The Executive Board of the International Monetary Fund (IMF) approved on December 20th 2024, the release of an amount worth $ 58.7 Mn in favor of Togo as part of the first review of its program supported by the Extended Credit Facility (ECF). This funding, intended for budgetary support, is part of the 42-month agreement concluded in March 2024 for a total amount of $ 390 Mn.

 

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