By Tino MazorodzePresident, Developer
Top 50 largest African companies by revenue and market cap
business
rankings
2 mins
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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.
Top 50 Richest Companies in Africa
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| Rank & Name | Revenue (USD billion) | Market Cap (USD billion) | Industry | Country |
|---|---|---|---|---|
| 1. Sonatrach | 89.1 | Not Listed | Oil and gas |  Algeria |
| 2. Eskom | 13.9 | Not listed | Electric utility |  South Africa |
| 3. Sasol | 12.9 | 2.91 | Chemicals | South Africa |
| 4. MTN Group | 12.2 | 11.2 | Telecommunications | South Africa |
| 5. Shoprite Holdings | 10.8 | 8.21 | Retail | South Africa |
| 6. Nigerian National Petroleum | 9.7 | Not listed | Oil and gas |  Nigeria |
| 7. Steinhoff International | 9.7 | Not listed | Retail | South Africa |
| 8. Anglo American Platinum | 9.4 | 9.27 | Mining | South Africa |
| 9. Sibanye Stillwater | 8.6 | 2.86 | Mining | South Africa |
| 10. Spar Group | 8.4 | Not listed | Retail | South Africa |
| 11. Bid Corporation | 8.2 | 8.64 | Foodservice | South Africa |
| 12. Vodacom Group | 7.5 | 12.48 | Telecommunications | South Africa |
| 13. Pick n Pay Stores | 6.3 | 1.52 | Retail | South Africa |
| 14. Nigeria Liquefied Natural Gas | 6.3 | Not listed | Oil and gas | Nigeria |
| 15. OCP Group | 6.2 | Not listed | Mining |  Morocco |
| 16. Naspers | 5.9 | 37.23 | Media | South Africa |
| 17. Massmart | 5.9 | Not listed | Retail | South Africa |
| 18. Suez Canal Authority | 5.6 | Not listed | Transport |  Egypt |
| 19. Kumba Iron Ore | 5.4 | 6.06 | Mining | South Africa |
| 20. Sonangol Group | 5.3 | Not listed | Oil and gas |  Angola |
| 21. Bidvest Group | 5.2 | 4.79 | Conglomerate | South Africa |
| 22. Motus Holdings | 5.0 | Not listed | Automotive | South Africa |
| 23. Woolworths Holdings | 4.9 | 2.89 | Retail | South Africa |
| 24. Impala Platinum | 4.7 | 4.84 | Mining | South Africa |
| 25. Sappi | 4.6 | 1.48 | Pulp and paper | South Africa |
| 26. Transnet | 4.5 | Not listed | Transport | South Africa |
| 27. Engen Petroleum | 4.5 | Not listed | Oil and gas | South Africa |
| 28. AngloGold Ashanti | 4.4 | 15.98 | Mining | South Africa |
| 29. Pepkor Holdings | 4.3 | 5.55 | Retail | South Africa |
| 30. Datatec | 4.1 | Not listed | Information technology | South Africa |
| 31. Office National de l'Électricité | 4.0 | Not listed | Electric utility | Morocco |
| 32. Maroc Telecom | 4.0 | 9.01 | Telecommunications | Morocco |
| 33. Mediclinic International | 4.0 | Not listed | Healthcare | South Africa |
| 34. Gold Fields | 3.9 | 17.41 | Mining | South Africa |
| 35. Remgro | 3.7 | 4.57 | Investment | South Africa |
| 36. MultiChoice Group | 3.6 | 2.64 | Media | =flag("ZA", "South Africa" |
| 37. MTN Nigeria | 3.5 | Not listed | Telecommunications | Nigeria |
| 38. Barloworld Limited | 3.3 | 1.17 | Conglomerate | South Africa |
| 39. Orascom Construction | 3.3 | Not listed | Construction | Egypt |
| 40. Naftal | 3.2 | Not listed | Oil and gas | Algeria |
| 41. Imperial Logistics | 3.1 | Not listed | Logistics | South Africa |
| 42. Ethiopian Airlines | 6.1 | Not listed | Airline |  Ethiopia |
| 43. MTN South Africa | 3.1 | Not listed | Telecommunications | South Africa |
| 44. Telkom SA | 2.9 | 1.04 | Telecommunications | South Africa |
| 45. Elsewedy Electric | 2.9 | Not listed | Energy | Egypt |
| 46. Wilson Bayly Holmes-Ovcon | 2.9 | Not listed | Construction | South Africa |
| 47. Afriquia SMDC | 2.8 | Not listed | Oil and gas | Morocco |
| 48. Dangote Cement | 2.7 | Not listed | Cement | Nigeria |
| 49. Transnet Freight Rail | 2.7 | Not listed | Transport | South Africa |
| 50. Nigerian Petroleum Development | 2.6 | Not listed | Oil and gas | Nigeria |