50 Most Valuable Companies In Africa

What are the most valued companies in Africa? This article is centered on the 50 most valuable companies in Africa currently. As every continent of the world is striving to escape the negativity that comes with the pandemic some have dropped out of business while some are still waxing strong, this leads us to the topic and the reason why we need make quality research on the most valuable companies in Africa.

Africa is globally seen as a struggling continent as there is a high level of poverty ravaging countries in Africa, this wasn’t so in the 90s but lately, there has been a lot of negative reports coming from Africa, poverty, underdevelopment, lack of stable electricity in most countries, wars and many more.

All the mentioned issues cant make a company thrive and even with this some companies in Africa were able to stand out, there has been some increase in growth for some companies and these companies will be mentioned based on rankings focused on the most valuable.

Market capitalization is the current market value of publicly-traded company’s outstanding shares, the shares are equal to the share price multiplied by the number of the outstanding shares.

Without further ado, below is the table showing the top 50 most valuable companies in Africa.

50 Most Valuable Companies In Africa

Rank	Company	Country	Market cap
1.	Prosus	South Africa	$119.14
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