Afriquia Gaz

Afriquia Gaz reports a **MAD370.2 million ($37M) net profit** for H1 2026, a slight 0.5% increase over the same period in 2025. The energy company achieves this growth despite **declining sales volumes**, maintaining profitability amid market challenges. The results reflect steady financial performance under billionaire Aziz Akhannouch’s leadership.

Oct 2026Billionaires.AfricaNews article

Afriquia Gaz reports a consolidated net profit of **MAD 750.5 million**, marking a slight **0.4% year-over-year increase** despite weaker operational performance. The company maintains profitability amid softer demand or market conditions. Financial results reflect resilience in core earnings despite broader challenges.

Feb 20267news MoroccoNews article

Protestors associated with the GenZ212 movement are urging a boycott of multiple companies linked to Aziz Akhannouch. The targeted businesses include energy provider Afriquia Gaz, retail chains Gap and Zara, and media outlet Aujourd'hui Le Maroc. Hotels and consumer goods brands like Fairmont and Mini Bahim are also affected by the campaign.

Oct 2025Morocco World NewsNews article

Morocco GenZ 212 activists urge a boycott of businesses linked to Prime Minister Aziz Akhannouch, including Afriquia Gaz, Akwa, Mini Brahim, Fairmont Hotel, and *Aujourd’hui Le Maroc*. The campaign targets companies owned or controlled by Akhannouch, a billionaire, amid broader protests. Activists highlight concerns over corporate influence and political ties in Morocco.

Oct 2025Middle East EyeNews article