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AKWA

AKWA

The Akwa group is a public company owned in majority by the Akhannouch and Wakrim families. It was founded in 1959 Ahmed Ouldhadj Akhannouch, father of current Minister of Agriculture Aziz Akhannouch, under the name Afriquia SMDC (Société Marocaine de Distribution de Carburants), which is today a subsidiary of Akwa. This conglomerate is mainly active in the field of gas and oil distribution. However, over time it has expanded its reach to the following fields: hospitality, tourism, telecommunication and real estate. 

Key facts

Business Form

Private

Legal Form

Public company

Business Sectors

Financial Activities

Ownership

Aziz Akhannouch

Aziz Akhannouch is one of the country’s few billionaires and current Minister of Agriculture enlisted with the RNI party.

35%
Other Media Outlets

Other Print Outlets

La Vie Eco
La Nouvelle Tribune
Aujourd’hui Le Maroc

Other TV Outlets

Facts

Media Business

Caracteres

Business

Lubricants and fuel (Afriquia SMDC; Afrilub; Auto Speedy;
Gas (Afriquia Gaz; Techno Gaz; Intral; Sodipit; AB Gaz 52%; Salam Gaz 20%; Maghreb Gaz 37.5%
Fluids (Maghreb Oxygene)
Tourism (Public/Private Partnership building hotels in southern Morocco; Partnership with multinational hospitality group Accor)
Telecommunication (Afrinetworks)

General Information

Affiliated Interests Founder

Employees

MD

Contact

Route de Rabat km.7

Ain Sebaa

Casablanca, Morocco

Tax/ ID Number

71021

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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