Morning Brief - march 4th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | MARSA MAROC | NIGS up 128% in 2021, DPS settled at MAD 7.2

| MOROCCO | DISWAY | NIGS up 27% in 2021, Global DPS raised to MAD 7O

ECONOMIC HEADLINES
| MOROCCO | CEMENT | Domestic consumption up 6% at the end of February 2022
In February 2022, cement sales rose by 2.9% to 1,111,412 tons. In this context, domestic consumption during the first 2 months of 2022 stood at 2,239,964 tons, up 5.8% year-on-year.

| CAMEROON | IMF | Disbursement authorization of FCFA 67 Bn
Following the completion of the three-year agreements (July 2021-July 2024) first reviews, Cameroon obtained the agreement of the International Monetary Fund (IMF) to disburse $116 Mn (around FCFA 67 Bn) under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF). This disbursement brings the total amount disbursed under these agreements to $293.2 Mn (FCFA
170.3 Bn).

Read More.