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.
Aziz Akhannouch is one of the country’s few billionaires and current Minister of Agriculture enlisted with the RNI party.
Other Print Outlets
La Vie Eco
La Nouvelle Tribune
Aujourd’hui Le Maroc
Other TV Outlets
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)
Affiliated Interests Founder
Route de Rabat km.7
Tax/ ID Number