FINANCIAL MARKETS HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS up 36% in H1 2024
| MOROCCO | SMI | Net income more than doubled in H1 2024
| MOROCCO | AFRIQUIA GAZ | NIGS up 1% in H1 2024
| MOROCCO | ARADEI CAPITAL | FFO Group Share up 9% in H1 2024
ECONOMIC HEADLINES
| MOROCCO | MONETARY POLICY | BAM kepts its key rate unchanged at 2.75%
Following its monetary policy meeting held on September 24th 2024, Bank Al-Maghrib decided to keep its key rate unchanged at
2.75%. In terms of outlook, the Central Bank forecasts a growth rate of the Moroccan economy of 2.8% in 2024 and 4.4% in 2025.
| CEMAC | MONETARY POLICY | BEAC kepts its key rates unchanged
Following its monetary policy meeting on September 23rd 2024, the Bank of Central African States (BEAC) decided to maintain the
Interest rate for tenders at 5%, the marginal lending facility rate at 6.75%, the deposit facility rate at 0% and the minimum reserve
coefficients at 7% on due on demand and 4.5% on term payable.
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