The year 2024 will go down as a landmark chapter in the history of Marsa Maroc. The national port terminal operator recorded unprecedented performance, surpassing 5 billion dirhams in consolidated revenue for the first time. This milestone reflects the group’s sustained growth and its strengthened position within both the Moroccan and African port sectors.
Beyond its financial achievements, Marsa Maroc experienced an exceptional year in port operations. The total volume of handled goods reached a record 63.3 million tonnes, marking the first time the company has exceeded the 60-million-tonne threshold. Container traffic followed a similar trend, reaching nearly 2.9 million TEUs (twenty-foot equivalent units), while solid bulk cargo set a new record, surpassing 18 million tonnes. These figures underscore Marsa Maroc’s rising influence as a key player in Africa’s maritime industry.
The company’s remarkable performance had a significant impact on financial markets. On the Casablanca Stock Exchange, Marsa Maroc’s share price soared by nearly 95%, pushing the group’s market capitalization to approximately 40 billion dirhams. This surge has positioned the operator among the top six largest market capitalizations on the exchange, while making its stock the eighth most traded on the Moroccan financial market.
These achievements align with Marsa Maroc’s ambitious strategy of expansion and diversification. In 2024, the group took significant steps forward internationally by securing the delegated management of the Port of Cotonou in Benin. Domestically, it reinforced its footprint by winning the contract for the operation of the East Container Terminal at Nador West Med.
With these milestones, Marsa Maroc is now ranked as the sixth-largest container terminal operator in Africa. This growing stature further cements its ambitions to expand across the continent, where the port sector remains a crucial driver of trade and economic development.
