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Morocco’s Akwa Group invests in oil storage project in Senegal

Moroccan Akwa private group, a major player in energy and petroleum distribution, has launched a strategic oil storage project in Bargny-Sendou, approximately 30 km from Dakar, Senegal. According to weekly news magazine “Jeune Afrique”, this project, which includes natural gas processing, could reshape energy distribution in West Africa. It will also enhance Senegal’s energy infrastructure […]

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Akhannouch Tops Podium of Richest Men in Morocco

Aziz Akhannouch, Agriculture and Fisheries Minister and head of the RNI party, was ranked Morocco’s wealthiest man in Forbes 2018 ranking of World’s Billionaires. Akhannouch, the owner of Akwa group, with a total wealth of $2.2 billion came ahead of his countryman Othman Benjelloun, President of BMCE Bank with $1.7 billion. Akhannouch’s wealth came largely […]

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Akhannouch, New Secretary General of National Rally for Independents

Aziz Akhannouch was elected new secretary General of the National Rally for Independents succeeding Salah Eddine Mezouar who presented his resignation following the October 7 legislative elections. Akhannouch, who served as Agriculture and Fisheries Minister in the outgoing government, won the election by 1,707 votes against 98 votes for his rival Rachid Sassi during a […]