Persistent profits for «Afriquia Gaz» amidst the crisis: Is there a conflict of interest?

Financial and political controversy over «Afriquia Gaz» results

At a time when Moroccan citizens are grappling with the rising cost of living and energy price volatility, the issue of conflict of interest has once again taken center stage. The latest financial results for Afriquia Gaz, linked to the Akwa Group owned by Head of Government Aziz Akhannouch, have ignited a heated debate regarding the controversial intersection of public affairs management and private economic interests.

Figures reflecting profit stability despite market challenges

Financial indicators for the first half of 2026 reveal strong performance, with a consolidated turnover of approximately 4.69 billion dirhams, compared to 4.70 billion last year. Despite a slight decrease in marketed volumes, the company’s ability to maintain record income levels during difficult economic times raises questions about the sector’s resilience.

Government support policies: protecting professionals or reinforcing dominance?

These results come amidst significant government injections of funds to support road transport professionals. While the government justifies these as social measures to maintain services, observers argue that these policies reinforce the standing of major energy market players, who indirectly benefit from public funds intended for consumers or professionals.

The Akhannouch dilemma: A businessman at the top of power

The sensitivity of this file lies in the fact that Aziz Akhannouch, who serves as Head of Government, is also a key player in the energy sector. This intersection places government decisions under a microscope, leading to questions about whether public policy can effectively separate corporate accounting from the country’s public interest.

The need for transparency in the fuel market

While reports do not directly accuse Afriquia Gaz of misappropriating support funds, the structural issue remains. There is a growing demand for increased transparency in the fuel sector, ensuring that government interventions do not serve as tools to strengthen dominant players at the expense of competition and economic fairness.