Thursday, March 28, 2024

Top 10 biggest companies in Africa (Updated list)

Biggest companies in Africa: Many companies have grown through the years to have a net-worth of billions of dollars. This list contains ten largest companies in Africa and their worth.

10. IMPERIAL HOLDINGS – Over $8 BILLION

biggest companies in Africa

Imperial began its life in 1947 as a motor dealership in downtown Johannesburg and has grown to a company of more than 47,000 people spread out across South Africa, the rest of the continent Europe, the UK, USA and Australia. It has a large rental division. It also has the largest privately-held logistics company in the country.

09. VODACOM GROUP – $9.2 BILLION

biggest companies in AfricaVodacom Group is headquartered in Midrand, South Africa, and employs 7,300 people across five African operations which together provide class voice, data, messaging, segments, broadband and converged services to more than 40 million customers. It has achieved pole position more often than any other South African mobile network.

08. SANLAM – $10.12 BILLION

biggest companies in AfricaSanlam has evolved from being a mere insurer to a large financial services group which is registered on both the Namibian and South African stock exchanges. It operates across the continent including Tanzania, Nigeria, Ghana and Malawi and also in the UK, India and Australia.

07. SHOPRITE HOLDINGS – $10.14 BILLION

biggest companies in AfricaThere are Shoprite stores in 17 African countries and the business is listed on the South African, Zambian and Namibian stock exchanges. In total the group has control over or input in more than 1,700 shops – located in countries that include South Africa, Namibia, Zambia, Tanzania and Mauritius..

06. ESKOM – $13.7 BILLION

biggest companies in AfricaEskom is the biggest generator of power in Africa and one of the biggest in the world. It generates 95 percent of power used in South Africa and also meets 45 percent of the rest of Africa’s power needs. It has a lucrative position in that it is protected as an asset controlled by the South African government.

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