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Forbes: Ecobank (Togo) listed among the 22 biggest African companies

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The American magazine Forbes has just published the list of the 2000 biggest companies of the world. Among them appeared 22 African companies that occupy special positions.


The ranking is based on four different criteria: income, trading value, net book asset and operating profit of every company.


The first three companies of the world are all Chinese.


This for the first time for Chinese, placing China thus as major leader of this Forbes’ ranking.


It is about three banks: Industrial & Commercial Bank of China, China Construction Bank and Agricultural Bank of China.


Nigeria and South Africa are the most present countries. But we should note that Egypt and Togo also emerged. Both countries have actually each one company in this ranking.


Full list of African companies:


– Standard Bank Group (287), South Africa
– Sasol (321), Afrique du Sud
– MTN Group (378), South Africa
– FirstRand (475), South Africa
– Steinhoff International (672), South Africa
– Sanlam (688), South Africa
– Naspers (857), South Africa
– Bidvest Group (1006), South Africa
– Dangote Cement (1046), Nigeria
– Shoprite Holdings (1281), South Africa
– Remgro (1441), South Africa
– Zenith Bank (1479), Nigeria
– FBN Holdings (1520), Nigeria
– MMI Holdings (1576), South Africa
– Aspen Pharmacare Holdings (1609), South Africa
– Equity Assurance (1671), Nigeria
– Imperial Holdings (1690), South Africa
– Guaranty Trust Bank (1715), Nigeria
– Commercial International Bank (1753), Egypt
– Ecobank Transnational Incorporated (1786), Togo
– RMB Holdings (1802), South Africa
– Hyprop Investments (1834), South Africa




Original text by: Blaise AKAME


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