Marsa Maroc is expanding its operations in Africa with new subsidiaries in Djibouti and Benin, supported by an investment in oil and gas port development. The company has established Marsa Maroc International Logistics to oversee these projects, which aim to strengthen its logistics presence in East Africa. As a key player in the Moroccan port sector, Marsa Maroc is also enhancing its operations domestically and regionally.
Marsa Maroc, the Moroccan port management operator, is poised to bolster its African footprint by establishing two new subsidiaries in Djibouti and Benin. The initiative involves an undisclosed investment in Damerjog Oil FZE, which is tasked with developing an oil and gas port along the Gulf of Aden in Djibouti. Furthermore, Marsa Maroc has inaugurated a subsidiary named Marsa Maroc International Logistics, which will oversee the operations of Marsa Djibouti.
This strategic move is part of a larger effort to enhance Marsa Maroc’s logistics capabilities in East Africa. In addition to the Djibouti project, Marsa Maroc International Logistics has also facilitated the creation of Marsa Benin, responsible for managing Terminals 1 and 5 at the Port of Cotonou in Benin. In June 2024, Marsa Maroc successfully secured a contract for operating a container terminal at the Nador West Med port in Morocco, with a projected capacity exceeding three million TEUs. Notably, Marsa Maroc is listed on the Casablanca Stock Exchange and operates nine ports across Morocco, including Tangier Med and Casablanca.
Marsa Maroc is a leading operator in the Moroccan port sector, recognized for managing multiple significant ports. The company is pursuing expansion opportunities within Africa, focusing on enhancing logistics and port management capabilities. The establishment of subsidiaries in Djibouti and Benin represents a systematic approach towards tapping into the growing logistics needs of East Africa. This aligns with broader trends in port management, where private operators are increasingly involved in enhancing infrastructure to support regional trade and economic growth.
Marsa Maroc’s strategic investment in Djibouti and Benin signifies a strong commitment to enhancing its operational presence across Africa. By establishing local subsidiaries and securing contracts for critical infrastructure, the company is positioning itself as a key player in the continent’s logistics landscape. This initiative not only reflects Marsa Maroc’s growth ambitions but also underscores the importance of public-private partnerships in the development of port management systems in Africa.
Original Source: fesnews.media
