ECONOMIC HEADLINES
| MOROCCO | ELECTIONS | A participation rate of 50.2%

According to Morocco's Ministry of Interior, the participation rate for the elections held on September 8th 2021 settled at 50.18%.

| MOROCCO | COMPANIES | Resumption of new businesses creations in H1 2021
According to OMPIC, the number of new registrations in the trade register stood at 40,131 creations of legal persons at the end of June 2021, i.e. an increase of 113% compared to the same period of the previous year. Likewise, the number of creations of sole proprietorships rose by 40% during the same period to 17,530.

| WAEMU | INFLATION | Prices up 3.5% y-o-y in July 2021
According to the Central Bank of West African States, inflation rate in WAEMU member countries rose by 3.5% in July 2021, year-on-year.

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