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Company Industry Market cap (US$ millions) 1 Dangote Cement: Cement 11,203 2 MTN Nigeria: Telecommunications 10,471 3 Airtel Nigeria: Telecommunications 6,903 4 BUA Cement: Cement 5,759 5 Nestle Nigeria: Agroindustry 2,658 6 BUA Foods: Agroindustry 2,575 7 Zenith Bank: Banking 1,691 8 Guaranty Trust Holding Company PLC: Finance 1,585 9 First ...
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.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency . [ 2 ]
It overtook South Africa to become Africa's largest economy in 2014. [ 1 ] [ 2 ] The 2013 debt-to-GDP ratio was 11 percent. [ 3 ] Nigeria is considered to be an emerging market by the World Bank ; [ 4 ] it has been identified as a regional power on the African continent, [ 5 ] [ 6 ] [ 7 ] a middle power in international affairs, [ 8 ] [ 9 ...
Government-run company with shareholders. 2: Sabafon +967-71: GSM 900 MHz 6 (2021) [175] Al-Ahmar Group Batelco Hayel Saeed Anam & Co. Ltd. Consolidated Constructors International company S.A.L. (CCC) 3: YOU (formerly, MTN) +967-73: GSM 900 MHz 4.7 (2021) [176] Emerald International Investment, a subsidiary of the Zubair Corporation [177] 4
In the fourth quarter, net cash flow used in operating activities was $26.5 million, driven by approximately $1.3 million in market exit cost related to South Africa and Tunisia, a working capital ...
[30] In 2020, Jumia ranked 7th among the top 10 influential brands in Egypt. [31] In 2021, Jumia launched its technology centre in Egypt to provide its services to the Egyptian market as well as Africa at large. [32] COVID-19 accelerated the growth of e-commerce and digital entrepreneurship in Africa and more women embraced digital business. [33]
In December 2021, After refusing to comment on market "rumors" announcing its intention to sell its transport and logistics subsidiary in Africa, Bolloré Africa Logistics (BAL), the Bolloré group announced that it had received an offer from the giant Swiss MSC for this subsidiary in Africa.