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This list comprises the largest companies currently in Africa by revenue as of 2022, according to the ranking of the largest 500 companies in Africa by Jeune Afrique.

In 2022, the largest company in Africa was Sonatrach with revenue of US$30 billion.

List

Below are the 100 largest companies by revenue in 2022 (mostly for fiscal year 2021). [1]

Rank Company Industry Revenue
(US$ billions)
Headquarters
1 Sonatrach Oil and gas 30.013   Algeria
2 Eskom Electric utility 13.941   South Africa
3 Sasol Chemistry 12.989   South Africa
4 MTN Group Telecommunications 12.238   South Africa
5 Shoprite Holdings Retail 10.802   South Africa
6 Nigeria National Petroleum Oil and gas 9.706   Nigeria
7 Steinhoff International Holding 9.704   South Africa
8 Anglo American Platinum Mining 9.402   South Africa
9 Sibanye Gold Mining 8.692   South Africa
10 Spar Group Retail 8.479   South Africa
11 Bidcorp Agroindustry 8.227   South Africa
12 Vodacom Group Telecommunications 6.707   South Africa
13 Pick n Pay Stores Retail 6.351   South Africa
14 Nigeria Liquefied Natural Gas Oil and gas 6.315   Nigeria
15 OCP Group Mining 6.237   Morocco
16 Naspers Holding 5.934   South Africa
17 Massmart Retail 5.920   South Africa
18 Suez Canal Authority Transport 5.600   Egypt
19 Kumba Iron Ore Mining 5.466   South Africa
20 Sonangol Group Oil and gas 5.332   Angola
21 Vodacom South Africa Telecommunications 5.236   South Africa
22 Bidvest Group Holding 5.233   South Africa
23 Motus Automotive 5.009   South Africa
24 Woolworths South Africa Retail 4.927   South Africa
25 Impala Platinum Mining 4.766   South Africa
26 Sappi Pulp and paper 4.609   South Africa
27 Transnet Transport 4.590   South Africa
28 Engen Petroleum Oil and gas 4.555   South Africa
29 AngloGold Ashanti Mining 4.427   South Africa
30 Pepkor Holding 4.300   South Africa
31 Datatec Information technology 4.110   South Africa
32 Office national d'électricité Electric utility 4.093   Morocco
33 Groupe Maroc Telecom Telecommunications 4.082   Morocco
34 Mediclinic International Healthcare 4.066   South Africa
35 Gold Fields Mining 3.982   South Africa
36 Remgro Holding 3.734   South Africa
37 MultiChoice Telecommunications 3.693   South Africa
38 MTN Nigeria Telecommunications 3.514   Nigeria
39 Barloworld Limited Conglomerate 3.390   South Africa
40 Orascom Construction Construction 3.371   Egypt
41 Naftal Oil and gas 3.283   Algeria
42 Massmart Wholesale Wholesale 3.246   South Africa
43 Imperial Logistics Conglomerate 3.165   South Africa
44 Ethiopian Airlines Airline 3.118   Ethiopia
45 MTN South Africa Telecommunications 3.103   South Africa
46 Telkom Telecommunications 2.949   South Africa
47 Elsewedy Electric Energy 2.943   Egypt
48 Wilson Bayly Holmes-Ovcon Construction 2.939   South Africa
49 Afriquia SMDC Oil and gas 2.833   Morocco
50 Dangote Cement Cement 2.699   Nigeria
51 Transnet Freight Rail Transport 2.692   South Africa
52 Nigerian Petroleum Development Oil and gas 2.686   Nigeria
53 Massmart Retail Retail 2.654   South Africa
54 Aspen Pharmacare Pharmaceuticals 2.637   South Africa
55 Clicks Group Retail 2.463   South Africa
56 Ezz Steel Steel 2.450   Egypt
57 Middle East Oil Refineries Oil and gas 2.429   Egypt
58 Foschini Group Retail 2.428   South Africa
59 Safaricom Telecommunications 2.403   Kenya
60 Super Group Transport 2.359   South Africa
61 Qalaa Holdings Finance 2.281   Egypt
62 Sonatel Telecommunications 2.255   Senegal
63 Maroc Telecom Telecommunications 2.252   Morocco
64 RCL Foods Agroindustry 2.162   South Africa
65 Al-Ezz Dekheila Steel Co. Steel 2.153   Egypt
66 Etisalat Marocco Telecommunications 2.024   Morocco
67 Tiger Brands Agroindustry 2.033   South Africa
68 Telecom Egypt Telecommunications 2.024   Egypt
69 Egyptair Transport 2.015   Egypt
70 Flour Mills of Nigeria Agroindustry 2.014   Nigeria
71 Harmony Gold Mining 1.995   South Africa
72 Exxaro Mining 1.974   South Africa
73 Tunisian Company of Electricity and Gas Electric utility 1.949   Tunisia
74 Vodafone Egypt Telecommunications 1.888   Egypt
75 Dangote Cement Nigeria Cement 1.879   Nigeria
76 Petroleum Projects and Consulting Oil and gas 1.840   Egypt
77 Marikana Mining 1.833   South Africa
78 Dis-Chem Healthcare 1.793   South Africa
79 Life Healthcare Group Healthcare 1.732   South Africa
80 Société tunisienne des industries de raffinage Oil and gas 1.683   Tunisia
81 ArcelorMittal South Africa Steel 1.681   South Africa
82 Hassan Allam Holding Construction 1.667   Egypt
83 AECI Chemicals 1.645   South Africa
84 Arab Contractors Construction 1.619   Egypt
85 Egyptair Airlines Airline 1.602   Egypt
86 Société Ivoirienne de Raffinage Oil and gas 1.586   Ivory Coast
87 Pioneer Foods Agroindustry 1.584   South Africa
88 Mr Price Group Retail 1.558   South Africa
89 Kansanshi Mining Mining 1.539   Zambia
90 Distell Group Limited Agroindustry 1.526   South Africa
91 Gold Fields Ghana Mining 1.517   Ghana
92 Cevital Agroindustry 1.508   Algeria
93 Airtel Nigeria Telecommunications 1.503   Nigeria
94 Ghabbour Auto Automotive 1.479   Egypt
95 Kap Industrial Holding Holding 1.473   South Africa
96 Blue Label Telecoms Telecommunications 1.442   South Africa
97 Kibali Gold Mine Mining 1.440   DR Congo
98 Aveng Conglomerate 1.425   South Africa
99 Murray and Roberts Holdings Construction 1.422   South Africa
100 Rustenburg Mining 1.240   South Africa

See also

References

  1. ^ "Classement 2022 des 500 premières entreprises africaines : le palmarès complet - Jeune Afrique.com". JeuneAfrique.com (in French). Retrieved 2024-01-28.