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Home Funding

Moroccan Startup AZA Petrosolutions secures $250K

by Cynthia Nwanonyiri
4 years ago
in Funding
Reading Time: 2 mins read
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Aza Petrosolutions - techbuild

Credits: Btishop

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AZA Petrosolutions, formerly known as AZA Petroleum, is an Agadir-based business focused on designing technology solutions and constructing intelligent and integrated objects. It was created by Zakaria Azemzi, Fatima Ezzahra Azemzi, and Abdelaziz Elaiachi.

By integrating an automated system for managing supply and refueling operations and the emergence of mobile payment at service stations, the solutions created by AZA Petrosolutions enable the elimination of the conventional methods of hydrocarbon reconciliation.

Bearing in mind the investments made by the Maroc Numeric Fund I fund, which is now in the disinvestment phase, this is the 6th investment of the Maroc Numeric Fund II fund and the 23rd investment of its management team.

Dounia Boumehdi, Managing Director of MITC Capital, the business in charge of managing Maroc Numeric Fund II, said they are pleased to assist Aza Petrosolutions in growing.

Their teams’ competence and complementarity, as well as the innovations they have created that address actual digitalization demands in the petroleum products distribution business, allured them.

Techbuild’s Take

Industries are adopting technology to transform their operational environments and gain the advantages of increased performance, effectiveness, and cost reductions. This is nothing new to the oil and gas sector, which is moving closer to digital innovation.

AZA Petrosolutions is increasing productivity with digitization, and it is getting to grips with how digital technologies are enabling practically every company to reinvent its operational environment.

For oil and gas firms who manage the digital revolution correctly, technological developments, the declining cost of digitization, and the networking of smart devices offer a genuine chance to impress the competition.

Higher efficiency, quicker reaction and intervention times, cost savings, secure operations, asset integrity, and sustainable resource management are all potential advantages of adopting digital.


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