North Africa is the second most important region in our annual survey of Africa’s Top 250 Companies, contributing 70 entrants and 14.3% of total market value. This means there are two more Egyptian companies and one fewer Moroccan than in last year’s figures. Despite Egypt’s lead in the continental ranking, Morocco boasts a higher proportion of the Top 20 Companies in North Africa, including the country’s big four banks – led by Attijariwafa Bank. Read our other regional rankingsThe regional Top 20 for North AfricaThe African Business Top 250 Companies survey focuses on the biggest companies on Africa’s stock exchanges, with the ranking determined by the market capitalisation (total value of the listed shares) at 31 March 2023. The table below lists the 20 top companies in our survey from the North African region along with their position in the overall ranking.

Source: The North Africa Journal May 11, 2023 19:14 UTC