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This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, 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$77 billion.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
[1] [2] In August 1994, Methold listed on the Johannesburg Stock Exchange as New Africa Investments Limited (Nail). [1] Nthato Motlana's Corporate Africa owned 51 per cent of the company, and Motlana became chairman. [3] In 1999 Motlana was forced out and Nail's ownership structure was reformed. [4]
Chancellor House is a South African holding company managing investments in the mining, engineering, energy and information technology sectors. [ 3 ] [ 4 ] It is named after Chancellor House , the building where the law firm of Nelson Mandela and Oliver Tambo was located.
South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
LeapFrog Investments is a South African-Australian private equity firm that invests in high-growth financial services, healthcare and climate solutions companies in emerging markets in Africa and Asia. As of 2019, LeapFrog had attracted over $2 billion USD from global investors. The firm's investments have grown at more than 24% annually over ...
South Africa will take over from Brazil, which is using its presidency to push for greater representation of developing nations on the global stage. South Africa is the only African nation in the G20.
In July 1996, the US and South Africa signed an investment fund protocol for a $120 million OPIC fund to make equity investments in South and Southern Africa. OPIC is establishing an additional fund – the Sub-Saharan Africa Infrastructure Fund, capitalised at $350 million – to investment in infrastructure projects.