At a glance
Afric Industries makes and sells abrasives used for sanding, cutting and polishing in industry and construction. It is a subsidiary of Aluminium du Maroc.
History
Afric Industries was founded in 1980. It makes flexible abrasive papers and adhesive tapes, and also works with aluminium (joinery and finished products). It has been listed on the Casablanca Stock Exchange since 2012.
Latest published results
In the first half of 2026, revenue rose 5% to MAD 22.5 million, driven by abrasives (+11%). Operating income increased 20% to MAD 6 million and net income 25% to MAD 3.95 million.
What to watch
The target of higher revenue and operating income for full-year 2026.
Key dates
- 1980
Company founded.
- 2012
First listing on the Casablanca Stock Exchange.
- 2026
Net income up 25% in the first half, driven by abrasives.
Sources: Boursenews, Afric Industries : bénéfice net du premier semestre 2026, September 21, 2026; African Markets, fiche société Afric Industries, October 29, 2026.
Profile updated on October 29, 2026.