Articles   /  business /  rankings /  Richest African companies by revenue & market cap

Top 50 largest African companies by revenue and market cap

TM
Verified Article
View Editorial Team

Besides its economic hardships in some countries, Africa houses a number of multi-billion dollar companies gaining large sums of revenues and high market cap values. Here is a list of the top 50 largest and richest African companies.

Richest African companies by revenue & market cap | IBSA
+2 columns
Rank & Name Revenue (USD) Market Cap (USD) Industry Country
#1 Sonatrach $75B N/A (State) Energy (Oil & Gas) Algeria
#2 NNPC $31.2B N/A (State) Energy (Oil & Gas) Nigeria
#3 Naspers $31.9B $40.4B Media & Technology South Africa
#4 Vivo Energy $26.0B $2.1B Energy (Oil & Gas) Multi/UK
#5 Sonangol $21.0B N/A (State) Energy (Oil & Gas) Angola
#6 Eskom $18.5B N/A (State) Utilities (Power) South Africa
#7 NOC (Libya) $18.0B N/A (State) Energy (Oil & Gas) Libya
#8 Sasol $17.8B $4.2B Energy & Chemicals South Africa
#9 MTN Group $13.5B $11.5B Telecommunications South Africa
#10 Shoprite Holdings $12.8B $8.5B Retail South Africa
#11 Bidcorp $11.2B $8.1B Food Distribution South Africa
#12 OCP Group $10.5B N/A (State) Mining/Fertilizer Morocco
#13 Sonelgaz $9.8B N/A (State) Utilities Algeria
#14 Vodacom Group $7.2B $12.1B Telecommunications South Africa
#15 Pick n Pay $6.1B $1.2B Retail South Africa
#16 Standard Bank Group $5.9B $21.6B Banking South Africa
#17 FirstRand $5.5B $21.9B Banking South Africa
#18 Anglo American Plat $5.3B $10.8B Mining South Africa
#19 Sanlam $5.1B $8.5B Financial Services South Africa
#20 SPAR Group $4.9B $1.8B Retail South Africa
#21 Suez Canal Authority $4.8B N/A (State) Logistics/Transport Egypt
#22 AngloGold Ashanti $4.5B $12.4B Mining South Africa
#23 Gold Fields $4.3B $19.7B Mining South Africa
#24 Ethiopian Airlines $4.2B N/A (State) Transport (Aviation) Ethiopia
#25 Safaricom $4.1B $5.4B Telecommunications Kenya
#26 Maroc Telecom $3.9B $8.2B Telecommunications Morocco
#27 Sibanye-Stillwater $3.8B $3.5B Mining South Africa
#28 Dangote Cement $3.6B $14.2B Construction Nigeria
#29 Absa Group $3.5B $7.1B Banking South Africa
#30 Attijariwafa Bank $3.4B $11.2B Banking Morocco
#31 Orascom Construction $3.3B $0.9B Construction Egypt
#32 Impala Platinum $3.2B $4.8B Mining South Africa
#33 Bidvest Group $3.1B $4.5B Conglomerate South Africa
#34 Nedbank Group $2.9B $6.8B Banking South Africa
#35 Royal Air Maroc $2.8B N/A (State) Transport (Aviation) Morocco
#36 Zenith Bank $2.7B $1.4B Banking Nigeria
#37 Sonatel $2.6B $3.1B Telecommunications Senegal
#38 Access Holdings $2.5B $1.1B Banking Nigeria
#39 MCB Group $2.4B $1.9B Banking Mauritius
#40 Egyptian Tobacco $2.3B $1.5B Consumer Goods Egypt
#41 Elsewedy Electric $2.2B $1.8B Energy/Engineering Egypt
#42 Kumba Iron Ore $2.1B $7.9B Mining South Africa
#43 Equity Group $2.1B $1.4B Banking Kenya
#44 UBA Group $2.0B $0.8B Banking Nigeria
#45 CIB Egypt $2.0B $4.1B Banking Egypt
#46 Nigerian Breweries $1.9B $0.6B Food & Beverage Nigeria
#47 Capitec Bank $1.8B $19.6B Banking South Africa
#48 EgyptAir $1.8B N/A (State) Transport (Aviation) Egypt
#49 Investec $1.7B $6.2B Financial Services South Africa
#50 KCB Group $1.6B $0.7B Banking Kenya

Related Articles