Nigeria, South Africa, Top News

Business: 21 African companies in the world top 2000

STANDARDBANK

The American Magazine, Forbes, published its list of the world 2000 largest companies. Only 21 African companies appear in this prestigious list.

South Africa takes the lion share with 13 companies. Nigeria, the first economic power of Africa comes in the second position with 4 companies. The countries of the Maghreb, Morocco (3 companies) and Egypt (1) closes the list.

To establish this ranking, the magazine used criteria as market capitalization, turnover and operating profit.

Let us note that the market capitalization criterion played against several unlisted African large companies.

South Africa:

  • Standard Bank, world 329th / cap: $23.1 billion
  • Sasol 366th/ $21.9 billion
  • MTN Group 395th/ $34.5 billion
  • FirstRand 397th / $26.9 billion
  • Sanlam 602nd/ $14.7 billion
  • Steinhoff International 614th / $22.3 billion
  • Naspers 691st / $67.1 billion
  • Bidvest Group 1143rd / $9.4 billion
  • Remgro 1436th / $11.6 billion
  • Aspen Pharmacare 1455th / $14. 9 billion
  • Shoprite Holdings 1471st /$8 billion
  • MMI Holdings 1625th / $4.4 billion
  • RMB Holdings 1671st / $8.5 billion

Nigeria

  • Dangote Cement 1216th / $15.6 billion
  • Zenith Bank 1498th / $4 billion
  • FBN Holdings 1595th / $1.6 billion
  • Guaranty Trust Bank 1787th / $4.5 billion

Morocco

  • Attijariwafa Bank 1138th / $7.7 billion
  • Banque Centrale Populaire 1855th/ $3.9 billion
  • BMCE Bank 1975th / $4.1 billion

Egypt

  • Commercial Int. Bank 1512nd / $6.3 billion

 

Original text by:Roger ADZAFO

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