Morocco's billionaire prime minister is fighting bills to cap fuel prices in his own industry
Billionaires Africa | 17.06.2026 18:48
Morocco's Prime Minister Aziz Akhannouch, the billionaire petrol baron who controls Afriquia, the country's largest fuel distribution network, publicly fumed on June 16, 2026 against opposition-filed parliamentary bills seeking to cap fuel prices and nationalise the country's only oil refinery, the Samir facility, in a confrontation that puts his dual role as government head and major fuel sector shareholder back under a public spotlight he has never fully escaped.
