05. THE BIDVEST GROUP – $16.5 BILLION
An international services, trading and distribution company listed on the Johannesburg Stock Exchange, Bidwest operates in four continents and employs 105,000 people worldwide. While its roots remain firmly South African, it deals in many areas from travel to food services. it has businesses in the fields of stationary, medical waste management and industrial lighting.
04. MTN GROUP – $17.2 BILLION
Though it is the smaller of South Africa’s two mobile giants, MTN has a much larger global reach than its competitors. It is present in sixteen African countries and several in the Middle East. Established in 1994, by mid-2011 the group boasted having over 147 million subscribers. In recent years it has made good on expanding in West Africa and the Middle East, helping it collect some nice returns.
03. SASOL – $18.3 BILLION
SASOL has interests in coal, oil, gas and more. It recently made a$21 billion investment in a gas-to-fuel plant in the US and has a presence in 38 countries. It can be found on every continent and is very active in the African energy market. SASOL is said to contribute four percent of South Africa’s GDP.
02. SONANGOL – $22.2 BILLION
Angolan oil giant Sonangol is practically a monopoly in the country, which is Africa’s third-biggest oil producer. Under its umbrella sits over 30 subsidiaries – most of which do business with Sonangol to help it reach its needs. These include railways, transport systems, telecommunications companies and refinery facilities located across the globe.
01. SONATRACH – $58.7 BILLION
Algeria’s oil and gas giant Sonatrach is the first listed company in Africa and the 12th company in the world. In 2010, it achieved a turnover of nearly US $56.1. The company is involved in the exploration, production, pipeline, transportation, processing and marketing of hydrocarbons and their derivatives. It also does work in other industries, such as desalination of seawater and power generation and invests in or owns 18 major companies, including an airline. It is the 14th World Petroleum Company, the fifth largest exporter of natural gas, the sixth world company for Natural Gas and the fourth largest exporter of LNG. The company operates in several regions of the world apart from the continent, including Europe, Latin America and the USA. Biggest companies in Africa. Biggest companies in Africa.
