Morocco has once again solidified its status as a key player in Africa’s economic landscape. The 2025 ranking of the 500 African Champions, published by Jeune Afrique, highlights 54 Moroccan companies, including 39 from the private sector, with a combined revenue of $55.9 billion.
This strong performance reflects the growing influence of Moroccan businesses, driven by steady growth and an effective pan-African expansion strategy.
Among the standout performers, the Office Chérifien des Phosphates (OCP) continues to lead, securing the 10th spot with a revenue of $8.3 billion. Meanwhile, Royal Air Maroc has made a remarkable leap, climbing 42 places to reach 91st position, underscoring its resilience and dynamism in a rapidly evolving industry.
The 2025 edition of the ranking also highlights the rise of new industry leaders. Dislog Group, led by Moncef Belkhayat, made an impressive debut at 451st place, showcasing the diversity and competitiveness of Morocco’s business landscape. “Joining the Top 500 in just 20 years is a testament to our hard work and commitment,” noted its CEO.
Morocco’s banking sector continues to shine on the continental stage, with three of its institutions ranking among Africa’s 20 largest banks:
Attijariwafa Bank ranks 9th, reaffirming its leadership and deep-rooted presence across Africa.
Banque Centrale Populaire (BCP) stands at 19th, maintaining its expansion and strengthening its regional influence.
Bank of Africa (BOA) follows closely at 20th, demonstrating the robustness of Morocco’s banking sector and its driving role on the continent.
In an era marked by economic challenges and currency fluctuations, Moroccan corporate giants continue to show remarkable adaptability and ambition. Their sectoral diversification and international expansion are further cementing Morocco’s position as a leading economic hub in Africa.
