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Top 100 most valuable companies in Africa 2021

Victor Mochere by Victor Mochere
in Business
Reading Time: 10min read
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Top 100 most valuable companies in Africa

As the global economy keeps growing, so are companies around the world; African companies included. In the recent past we have witnessed African companies rising to the occasion in competing with their counterparts from advanced economies. Some companies have seen their value grow steadily, thereby ranking as the most valued in Africa. Market capitalization is the market value of a publicly traded company’s outstanding shares, which is equal to the share price multiplied by the number of shares outstanding.

Here are the top 100 most valuable companies in Africa.

Rank

Company

Country

Market cap

1.

Prosus

South Africa

$119.14 billion

2.

Naspers

South Africa

$62.26 billion

3.

Financière Richemont

South Africa

$28.00 billion

4.

Anglo American

South Africa

$22.62 billion

5.

Anglo American Platinum

South Africa

$13.05 billion

6.

Firstrand

South Africa

$12.55 billion

7.

Vodacom Group

South Africa

$12.48 billion

8.

Maroc Telecom

Morocco

$11.08 billion

9.

Standard Bank Group

South Africa

$10.12 billion

10.

Safaricom

Kenya

$9.97 billion

11.

AngloGold Ashanti

South Africa

$8.76 billion

12.

South32

South Africa

$8.36 billion

13.

Mondi

South Africa

$7.68 billion

14.

Sanlam

South Africa

$7.11 billion

15.

Attijariwafa Bank

Morocco

$6.99 billion

16.

Capitec Bank Holdings

South Africa

$6.82 billion

17.

Kumba Iron Ore

South Africa

$6.11 billion

18.

Commercial International Bank

Egypt

$6.06 billion

19.

Gold Fields

South Africa

$5.49 billion

20.

MTN Group

South Africa

$5.33 billion

21.

Dangote Cement

Nigeria

$5.19 billion

22.

Sibanye-Stillwaters

South Africa

$4.90 billion

23.

MTN Nigeria

Nigeria

$4.77 billion

24.

Bid Corp

South Africa

$4.59 billion

25.

Impala Platinum Holdings

South Africa

$4.57 billion

26.

Remgro

South Africa

$4.30 billion

27.

RMB Holdings

South Africa

$4.11 billion

28.

Banque Centrale Populaire

Morocco

$4.07 billion

29.

Shoprite Holdings

South Africa

$4.05 billion

30.

B2Gold Corp

Namibia

$3.79 billion

31.

Absa Group

South Africa

$3.70 billion

32.

Clicks Group

South Africa

$3.64 billion

33.

Discovery

South Africa

$3.30 billion

34.

BUA Cement

Nigeria

$3.11 billion

35.

Nedbank Group

South Africa

$3.07 billion

36.

Old Mutual

South Africa

$2.95 billion

37.

Airtel Africa

Nigeria

$2.92 billion

38.

Bidvest Group

South Africa

$2.91 billion

39.

Tullow Oil

Ghana

$2.89 billion

40.

LafargeHolcim Maroc

Morocco

$2.81 billion

41.

Aspen Pharmacare Holdings

South Africa

$2.74 billion

42.

Sasol

South Africa

$2.57 billion

43.

Mediclinic International

South Africa

$2.57 billion

44.

Qatar National Bank Alahly

Egypt

$2.47 billion

45.

Assore

South Africa

$2.43 billion

46.

Vodafone Egypt

Egypt

$2.39 billion

47.

Northam Platinum

South Africa

$2.30 billion

48.

Growthpoint Properties

South Africa

$2.29 billion

49.

Sonatel

BRVM

$2.17 billion

50.

Exxaro Resources

South Africa

$2.16 billion

51.

Investec

South Africa

$2.10 billion

52.

Multichoice

South Africa

$2.09 billion

53.

Mr Price Group

South Africa

$2.04 billion

54.

Orange Egypt

Egypt

$2.00 billion

55.

Rand Merchant Investment

South Africa

$1.99 billion

56.

Pepkor

South Africa

$1.98 billion

57.

African Export-Import Bank

Mauritius

$1.98 billion

58.

Taqa Morocco

Morocco

$1.96 billion

59.

PSG Group

South Africa

$1.94 billion

60.

Spar Group

South Africa

$1.92 billion

61.

Eastern Tobacco

Egypt

$1.79 billion

62.

Tiger Brands

South Africa

$1.79 billion

63.

Santam

South Africa

$1.76 billion

64.

Woolworths Holdings

South Africa

$1.75 billion

65.

Nestlé Nigeria

Nigeria

$1.71 billion

66.

Ciments du Maroc

Morocco

$1.69 billion

67.

Life Healthcare

South Africa

$1.65 billion

68.

Pick n Pay Stores

South Africa

$1.64 billion

69.

Cosumar

Morocco

$1.57 billion

70.

African Rainbow Minerals

South Africa

$1.50 billion

71.

Guaranty Trust Bank

Nigeria

$1.44 billion

72.

MCB Group

Mauritius

$1.43 billion

73.

AVI

South Africa

$1.43 billion

74.

Harmony Gold Mining

South Africa

$1.41 billion

75.

Tanzania Breweries

Tanzania

$1.40 billion

76.

Netcare

South Africa

$1.33 billion

77.

Pioneer Foods Group

South Africa

$1.29 billion

78.

Elswedy Electric

Egypt

$1.24 billion

79.

Abou Kir Fertilizers & Chemicals

Egypt

$1.23 billion

80.

SFBT

Tunisia

$1.20 billion

81.

Afriquia Gaz

Morocco

$1.17 billion

82.

Equity Group Holdings

Kenya

$1.17 billion

83.

Wafa Assurance

Morocco

$1.15 billion

84.

Zenith Bank

Nigeria

$1.14 billion

85.

Dis-Chem Pharmacies

South Africa

$1.14 billion

86.

Marsa Maroc

Morocco

$1.12 billion

87.

Vivo Energy

South Africa

$1.12 billion

88.

Liberty Holdings

South Africa

$1.11 billion

89.

Telecom Egypt

Egypt

$1.09 billion

90.

East African Breweries

Kenya

$1.08 billion

91.

The Foschini Group

South Africa

$1.07 billion

92.

KCB Group

Kenya

$999 million

93.

Egypt Kuwait Holding

Egypt

$988 million

94.

Italtile

South Africa

$980 million

95.

Golden Pyramids Plaza

Egypt

$940 million

96.

IBL

Mauritius

$899 million

97.

Distell Group

South Africa

$899 million

98.

Vodacom Tanzania

Tanzania

$827 million

99.

Label Vie

Morocco

$771 million

100.

Emaar Misr for Development

Egypt

$769 million

Tags: Companies
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Victor Mochere

Victor Mochere

Victor Mochere is an award winning blogger, social media influencer, literati savant, altruistic, and a netpreneur creating and marketing digital content.

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Comments 1

  1. Vincent Nyagaka says:
    3 months ago

    Several companies are coming up in Africa, I hope Safaricom will keep the pace. However, CBA is likely to grow faster in coming years since its owned by the first family. Another company to be looked at is Centum Investment Company owned by Chris Kirubi. Centum looks charming and it’s growing fast.

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