The Moroccan port management operator, Marsa Maroc, is enhancing its presence on the African continent with the upcoming establishment of two new subsidiaries in Djibouti and Benin. Marsa Maroc plans to invest an undisclosed amount in Damerjog Oil FZE, a company responsible for constructing an oil and gas port on the shores of the Gulf of Aden in Djibouti, according to a Moroccan government decree published on January 6.
To manage this operation, the Moroccan operator has created a subsidiary named Marsa Maroc International Logistics, which will oversee a dedicated entity called Marsa Djibouti. This project aligns with Marsa Maroc’s goal to strengthen its presence in the logistics chains of East Africa. Marsa Maroc International Logistics, established to support the company’s African ambitions, has also led to the creation of Marsa Benin, which will manage Terminals 1 and 5 at the Port of Cotonou in Benin.
In June 2024, Marsa Maroc secured a contract for operating a container terminal at the Nador West Med port in Morocco, with a capacity exceeding three million TEUs. Listed on the Casablanca Stock Exchange, Marsa Maroc manages nine ports in Morocco, including Tangier Med and Casablanca.
The Marsa Maroc group is exploring new expansion opportunities, particularly through public-private partnerships for managing ports in other African countries.