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MOROCCO

New PM Akhannouch's Akwa group boosts real estate subsidiary

Moroccan Prime Minister Aziz Akhannouch. © Phil Noble/Pool/Reuters

Akwa's property development subsidiary has just tripled its capital to 500m dirhams. Aziz Akhannouch, who is no longer directly involved in the group, has passed the baton to his youngest son, Ahmed. [...] (416 words)

Issue dated 08/11/2021 Reading time 2 minutes

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Business

Receive free prompts for these topics

MOROCCO
Afriquia
Ahmed Akhannouch
Akwa
Akwa Immo Développement
Akwa Immobilier
Ali Wakrim
Ali Zayd
Alliances
Amine Wakrim
Aziz Akhannouch
Kenza Akhannouch
Maghreb oxygène
Mehdi Benzine
Northeastern University
Ourti Holding
Soukayna Akhannouch
Stéphane Plaza

Who's who in first lady Salwa Akhannouch's Wasal, the would-be 'African Amazon'

The prime minister's wife and her two daughters are behind the nascent online retailer, which models itself on Jeff Bezos's behemoth. [...]

Salwa Akhannouch, wife of Moroccan Prime Minister Aziz Akhannouch and head of Aksal. © Aksal

MOROCCO Politics 25/11/2021

Aziz Akhannouch packs his new team with agriculture ministry aides

The new Moroccan prime minister Aziz Akhannouch is putting the finishing touches to his private staff, and has found plenty of room for advisers from his days at the Ministry of Agriculture. [...]

Moroccan prime minister Aziz Akhannouch at COP26 in Glasgow on 1 November 2021. © Ian Forsyth/Reuters

MOROCCO Energy 16/11/2021

Mining magnate Adonis Pouroulis bets big on gas-to-power with Chariot

Previously active in exploring for oil in little-known border regions, the Cypriot businessman has switched his business model to gas, including off the coast of Morocco, as a survival strategy. [...]

Cyprus mining magnate Adonis Pouroulis. © Chariot Ltd

MOROCCO Energy Business 16/11/2021

Abdeslam Ababou provides princely back-up for Xlinks' giant solar power project

British start-up Xlinks, which is promoting a plan to build a massive solar power plant in southern Morocco with a direct link to the UK electricity grid, is being assisted by Ababou's investment bank Red Med Capital, which has close links to Mohammed VI's brother, Prince Moulay Rachid. [...]

Abdeslam Ababou, founder and president of Red Med Capital. © Red Med Capital

MOROCCO Politics 10/11/2021

Ichrak Moubsit captains Akhannouch's team in Glasgow

Ichrak Moubsit, head of communications at the Moroccan agriculture ministry since 2009, has followed Aziz Akhannouch and become de facto head of his private office. She was the only adviser to go with him to the COP26 in Glasgow. [...]

The head of the Moroccan government and leader of the RNI Aziz Akhannouch. © Chadi/Xinhua News Agency/Newscom/MaxPPP

Focus

MOROCCO Politics 01/11/2021

Akhannouch ushers business magnates into parliament

The electoral tidal wave which has made Aziz Akhannouch's RNI party the biggest in the Moroccan parliament has also opened the doors of the legislature to the magnates of the country's main economic sectors, from communications to fishing, tourism and real estate. [...]

MOROCCO Politics 28/10/2021

Israel, economy, executive management: super-minister Jazouli's meteoric rise

Mohcine Jazouli's duties will go above and beyond the official scope of his ministerial portfolio. Prime Minister Aziz Akhannouch's close confidant will have the upper hand in relations with foreign investors, especially those from Israel, and will also be in the executive's "control seat". [...]

Minister in charge of investment, convergence and evaluation of public policies Mohcine Jazouli. © Story & Brands

MOROCCO Energy Business 12/10/2021

In Dakhla, Akhannouch, Benjelloun and Windvision are powering a secret wind turbine project

Shortly before becoming prime minister, Aziz Akhannouch launched a major wind power project in Dakhla, Western Sahara. To create this 200MW wind farm, his company Green of Africa, co-owned with the banker Othman Benjelloun, has embarked on an ambitious project with Belgian-Dutch company Windvision. [...]

MOROCCO Politics 16/09/2021

Aziz Akhannouch has abundance of choice for new inner circle of advisers

The newly elected prime minister is deciding who to appoint as his closest advisers and aides. He will be able to draw from his team at the agriculture ministry and from his Akwa holding company and the RNI party, which are already largely merged. [...]

The new Moroccan prime minister Aziz Akhannouch. © Chadi/Xinhua News Agency/Newscom/MaxPPP

MOROCCO Business 21/07/2021

Receive free prompts for these topics

MOROCCO
Afriquia
Ahmed Akhannouch
Akwa
Akwa Immo Développement
Akwa Immobilier
Ali Wakrim
Ali Zayd
Alliances
Amine Wakrim
Aziz Akhannouch
Kenza Akhannouch
Maghreb oxygène
Mehdi Benzine
Northeastern University
Ourti Holding
Soukayna Akhannouch
Stéphane Plaza

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