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Addoha Boosts Presence with Prime Abidjan Asset and Over 10 Billion DH Secured Revenue
<p>Addoha Group is expanding its footprint in West Africa by acquiring a strategic land parcel in Abidjan's coveted Zone 4. The site will host a mixed‑use development featuring a commercial centre, office spaces and four luxe residential towers – the “Elephant Towers”. The project, projected to generate over 3 billion DH in sales, adds to Addoha’s pipeline that already secures more than 10 billion DH of revenue across Morocco and West‑Central Africa.</p><p>Alongside the Ivory Coast move, Addoha has green‑lit the Blanca City Park project in Casablanca, a high‑end residential complex expected to contribute 12 billion DH in sales. Combined with a 5 000‑unit resettlement contract worth 1.2 billion DH, the developer now enjoys a multi‑year visibility horizon and a clear path to stronger earnings from 2025 onward.</p>
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Strategic Land Acquisition in Abidjan
On 13 February 2026, Addoha Group sealed a deal to purchase a prime parcel of land located in the heart of Zone 4, Abidjan’s most dynamic business district. The site will become the "Elephant Towers" – a mixed‑use complex comprising a large shopping centre, modern office blocks and four residential towers built to R+20 standards.
The development will span over 150,000 m² of usable space and is forecast to generate more than 3 billion DH in sales, with an attractive profitability profile.
Why Zone 4 Matters
Zone 4 is a key economic hub in Abidjan, boasting sustained demand for premium retail, office and high‑end residential space. By securing this rare prime asset, Addoha instantly strengthens its foothold in West Africa – complementing its activities in Côte d’Ivoire, Senegal and Guinea.
Blanca City Park – A Flagship Project in Casablanca
Back in Morocco, Addoha has authorised the Blanca City Park scheme on the South‑West Ring Road of Dar Bouazza, Casablanca. The project targets the upscale housing segment and is projected to deliver 12 billion DH in revenue, reinforcing the Group’s position in the capital’s premium residential market.
Pipeline, Secured Revenue and Outlook
- More than 5,000 resettlement homes awarded across Casablanca, Rabat and Marrakech – expected to bring in 1.2 billion DH.
- Current production in Morocco and West Africa exceeds 23,000 units, underpinning a secured revenue base of over 10 billion DH.
- These volumes give Addoha a strong multi‑year visibility and set the stage for a sharp increase in turnover and net results starting in FY 2025.
The combination of new high‑value developments and a shift toward premium segments is poised to drive earnings growth and enhance shareholder value.