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2026-06-07T14:28:06.000Z

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Casablanca Stock Exchange ranks Morocco third in Africa

Casablanca Stock Exchange ranks Morocco third in Africa

The Casablanca Stock Exchange ranked third in Africa in terms of market capitalization, becoming the second-largest exchange in the northern part of the continent after Johannesburg, with a market value reaching $111 billion as of May 2026. The financial performance results of Morocco reflect a significant development in institutionalization and sector maturity, despite the market still lagging behind the stock exchanges of South Africa and Nigeria. This success is attributed to the stability of Moroccan financial institutions, initiatives such as the "Casablanca Finance City" project, and the expansion of Moroccan companies across Africa, enhancing Morocco's position as a regional financial and economic center.

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