FINANCIAL MARKETS HEADLINES
| MOROCCO | BCP | NIGS up 10% at the end of September 2024
| MOROCCO | MARSA MAROC | Consolidated revenue up 15% at the end of September 2024
At the end of September 2024, the overall traffic handled by Marsa Maroc rose by 13% to 46.9 MT. In this context, the Group's con-solidated revenue recorded an increase of 15% to MAD 3,717 Mn at the end of September 2024.
| MOROCCO | SONASID | Consolidated revenue up 4% at the end of September 2024
In Q3 2024, Sonasid's consolidated revenue stood at MAD 1,365 Mn, up 21%. In this context, the operator's consolidated revenue rose by 4% to MAD 3,803 Mn at the end of September 2024.
| MOROCCO | CRÉDIT DU MAROC | Issue of a perpetual subordinated bond loan
AMMC approved, on November 20th 2024, a prospectus relating to the issuance by Crédit du Maroc of a perpetual subordinated bond with a loss absorption mechanism and cancellation of coupon payments in the amount of MAD 500 Mn. The risk premium varies between 205 BPS and 235 BPS while the subscription period runs from December 2nd to 4th 2024 included.
ECONOMIC HEADLINES
| MOROCCO | INFLATION | An inflation rate of 0.7% in October 2024
In October 2024, the Consumer Price Index recorded a decrease of 0.3% compared to September, taking into account the decline of 0.5% in the food products index and 0.1% in the non-food products index. Year-on-year, the inflation rate stood at 0.7%.
Note that the underlying inflation indicator, which excludes products with volatile prices and products with public tariffs, in-creased by 0.3% in October 2024 compared to the previous month and by 2.4% compared to October 2023.
| TOGO | INFLATION | An inflation rate of 1.7% in October 2024
According to the National Institute of Statistics and Economic and Demographic Studies (INSEED) of Togo, the National Harmo-nized Consumer Prices Index decreased by 0.8% in October 2024, compared to the previous month. On an annual basis, the infla-tion rate stood at 1.7%.
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