At a glance
Afriquia Gaz imports, stores, bottles and distributes butane and propane, in cylinders and in bulk, for households, farming and industry. It is part of Akwa Group.
History
The company listed on the Casablanca Stock Exchange in 1999. It grew by investing in port reception, storage and cylinder-filling capacity in several regions of the country.
Latest published results
In the first half of 2026, consolidated revenue was almost stable at MAD 4.69 billion despite a 4.2% fall in volumes sold to 605,099 tonnes. Operating income rose 7.9% to MAD 613 million thanks to better operational efficiency. Consolidated net income reached MAD 370 million (+0.5%).
What to watch
Volumes, linked to the gradual reform of the butane subsidy, and international gas prices.
Key dates
- 1999
Afriquia Gaz lists on the stock exchange, alongside Maghreb Oxygène.
- 2002
Its parent, Groupe Afriquia, is renamed Akwa Group.
- 2026
Operating income up 7.9% in the first half despite lower volumes.
Sources: Boursenews, Afriquia Gaz : résultat net consolidé du premier semestre 2026, September 29, 2026; Wikipedia, Akwa Group.
Profile updated on October 29, 2026.