52. Maroc Telecom

Country: Morocco
Sector: Telecommunications
Chairman of the Managing Board: Abdeslam Ahizoune
Market Value: $7.1 billion
Sales: $3.5 billion
Profits: $361 million
Assets: $6.5 billion

Maroc Telecom is the main telecommunications provider in Morocco, with operations in 11 countries across Africa, including Benin, Burkina Faso, Côte d’Ivoire, Gabon, Mali, Mauritania, Niger, Central African Republic, and Togo. By the end of March 2023, it had more than 75 million customers. The company is listed on the Casablanca Stock Exchange and Euronext Paris. e& is the major shareholder with a 53% stake, while Morocco owns 22%.