Africa 200 2023 Ranking

2023
2022
Name
Country
2023
2022
2023
2022
11MTNSouth Africa$4,375M$4,047MAAAAAA
22VodacomSouth Africa$2,345M$2,021MAAAAAA
33Standard BankSouth Africa$1,748M$1,583MAAAAAA-
44First National BankSouth Africa$1,540M$1,581MAAA+AAA+
55AbsaSouth Africa$1,492M$1,437MAAA-AA+
67Woolworths SASouth Africa$1,278M$1,169MAAA+AAA+
712Spar SASouth Africa$1,262M$981MAAAAA-
89NedbankSouth Africa$1,021M$1,018MAAAAAA-
911InvestecSouth Africa$992M$992MAA+AA+
10nullMondiSouth Africa$990M$0MAAnull
116MultiChoiceSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1216DistellSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
138ShopriteSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1418CheckersSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1510SasolSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1619Pick n PaySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1723MOTUSSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1813SanlamSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
1921BidvestSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2015DiscoverySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
21nullBidfood GroupSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2220SafaricomKenyaπŸ”’πŸ”’πŸ”’πŸ”’
2317Old MutualSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2414Maroc telecomMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
2522Capitec BankSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2628CastleSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2733Carling Black LabelSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
2839Equity BankKenyaπŸ”’πŸ”’πŸ”’πŸ”’
2926SappiSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
3035Mr PriceSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
3156Ethiopian AirlinesEthiopiaπŸ”’πŸ”’πŸ”’πŸ”’
3231Attijariwafa BankMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
3332National Bank of EgyptEgyptπŸ”’πŸ”’πŸ”’πŸ”’
3427MediclinicSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
3540Access BankNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
3625ClicksSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
3746Zenith BankNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
3824Orascom ConstructionEgyptπŸ”’πŸ”’πŸ”’πŸ”’
3938SonatelSenegalπŸ”’πŸ”’πŸ”’πŸ”’
4029Sibanye StillwaterSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
4141Dangote CementNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
4247Banque MisrEgyptπŸ”’πŸ”’πŸ”’πŸ”’
4330Banque Populaire du MarocMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
4434MoovIvory CoastπŸ”’πŸ”’πŸ”’πŸ”’
4545Kenya Commercial BankKenyaπŸ”’πŸ”’πŸ”’πŸ”’
4653United Bank for AfricaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
4742Life HealthcareSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
4849CIBEgyptπŸ”’πŸ”’πŸ”’πŸ”’
4966GT BankNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
5044Anglo American PlatinumSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5136LibertySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5251Rand Merchant BankSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
53nullPeter StuyvesantSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5437Eastern CoEgyptπŸ”’πŸ”’πŸ”’πŸ”’
5548TruworthsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5652EngenSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5757AngloGold AshantiSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
58nullAVISouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
5959Flour Mills NigeriaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
6055Telecom EgyptEgyptπŸ”’πŸ”’πŸ”’πŸ”’
6165Gold FieldsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
6268First Bank of NigeriaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
6362Elsewedy ElectricEgyptπŸ”’πŸ”’πŸ”’πŸ”’
6463InwiMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
6560M-pesaKenyaπŸ”’πŸ”’πŸ”’πŸ”’
6677Co-Operative Bank of KenyaKenyaπŸ”’πŸ”’πŸ”’πŸ”’
6770Bank of AfricaMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
6843BobtailSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
6950ImplatsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7061MomentumSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7173Pep StoresSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7274Gb AutoEgyptπŸ”’πŸ”’πŸ”’πŸ”’
7382Econet WirelessZimbabweπŸ”’πŸ”’πŸ”’πŸ”’
7472SantamSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7567Imperial LogisticsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7664TelkomSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7758Kumba Iron OreSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
7869NetcareSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
79nullTwispSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
8078Aspen GroupSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
8179Hansa PilsnerSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
82nullAFREXIMBANKEgyptπŸ”’πŸ”’πŸ”’πŸ”’
8376Cell CSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
84nullKenya Power & Lighting LtdKenyaπŸ”’πŸ”’πŸ”’πŸ”’
8583MovitelMozambiqueπŸ”’πŸ”’πŸ”’πŸ”’
8692Canine CuisineSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
8797Life Continental LagerNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
88108OrijinNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
8981EcobankTogoπŸ”’πŸ”’πŸ”’πŸ”’
9098Carrefour MoroccoMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
9185NCBAKenyaπŸ”’πŸ”’πŸ”’πŸ”’
9291MobilisAlgeriaπŸ”’πŸ”’πŸ”’πŸ”’
935433 ExportNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
9475BarloworldSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
9589VitalitySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
9688Dis-ChemSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
97105Glo MobileNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
9895AfricellGambiaπŸ”’πŸ”’πŸ”’πŸ”’
99100HONEYWELL FLOUR MILLNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
100127BUA CementNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
10196Hero LagerNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
102133Senator LagerUgandaπŸ”’πŸ”’πŸ”’πŸ”’
103111BedeleEthiopiaπŸ”’πŸ”’πŸ”’πŸ”’
10471Media24 GroupSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
105103TT (Tunisie Telecom)TunisiaπŸ”’πŸ”’πŸ”’πŸ”’
106134Efg-HermesEgyptπŸ”’πŸ”’πŸ”’πŸ”’
107106MCB GroupMauritiusπŸ”’πŸ”’πŸ”’πŸ”’
108nullBigiNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
109110ItaltileSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
110119NESCAFΓ‰ RicoffySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
11190StarNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
11284BCXSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
113117Lucky StarSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
11494OUTsuranceSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
115104WestconGroupSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
11687Northam PlatinumSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
117115Seplat EnergyNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
118107MarkhamSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
11999WesbankSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
12086Growthpoint PropertiesSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
121113CatmorSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
122102Stanbic IBTCNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
123120LogicalisSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
124122AlbanySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
125144Ezz SteelEgyptπŸ”’πŸ”’πŸ”’πŸ”’
126114FoschiniSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
127137Fidelity Bank NigeriaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
128126gameSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
129124AECISouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
130116SportsceneSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
131143CIH BankMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
132135Builders WarehouseSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
133nullFearlessNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
134128ExxaroSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
135109HarmonySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
136123KooSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
137130AtlantaSanadMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
138125Blue Label TelecomSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
139101GoldbergNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
140112Ibnsina PharmaEgyptπŸ”’πŸ”’πŸ”’πŸ”’
141nullTIGER BRANDSSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
142nullRAYA TradeEgyptπŸ”’πŸ”’πŸ”’πŸ”’
143nullJulius BergerNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
144nullHousing & Development BankEgyptπŸ”’πŸ”’πŸ”’πŸ”’
145142I&MKenyaπŸ”’πŸ”’πŸ”’πŸ”’
146nullAmanEgyptπŸ”’πŸ”’πŸ”’πŸ”’
147138Atacado MoroccoMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
148145TuskerKenyaπŸ”’πŸ”’πŸ”’πŸ”’
149139Almadar AljadeedLibyaπŸ”’πŸ”’πŸ”’πŸ”’
150118Talaat Moustafa GroupEgyptπŸ”’πŸ”’πŸ”’πŸ”’
151131PPCSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
152nullOandoNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
153nullFAISAL ISLAMIC BANK OF EGYPTEgyptπŸ”’πŸ”’πŸ”’πŸ”’
154136cbz HoldingsZimbabweπŸ”’πŸ”’πŸ”’πŸ”’
155nullGuardRiskSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
156121IdentitySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
157nullU-SaveSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
158nullRCL FoodsΒ South AfricaπŸ”’πŸ”’πŸ”’πŸ”’
159140HollardSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
160129Banq Intl ArabeTunisiaπŸ”’πŸ”’πŸ”’πŸ”’
161nullPSG KonsultSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
162nullMcelMozambiqueπŸ”’πŸ”’πŸ”’πŸ”’
163148ManagemMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
164147African Rainbow MineralsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
165nullMovicelAngolaπŸ”’πŸ”’πŸ”’πŸ”’
166nullDANGOTE SUGARNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
167nullJumiaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
168nullMalta GuinnessNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
169nullGulderNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
170nullFCMB GroupNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
171nullEOHSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
172141BMCIMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
173nullCoronationSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
174nullLewisSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
175nullNampakSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
176nullKenya AirwaysKenyaπŸ”’πŸ”’πŸ”’πŸ”’
177nullTotal SportsSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
178nullAttijari BankTunisiaπŸ”’πŸ”’πŸ”’πŸ”’
179nullDiamond Trust bankKenyaπŸ”’πŸ”’πŸ”’πŸ”’
180nullTasticSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
181nullUnion Bank NigeriaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
182nullSerengetiTanzaniaπŸ”’πŸ”’πŸ”’πŸ”’
183nullTelmobBurkina FasoπŸ”’πŸ”’πŸ”’πŸ”’
184nullMustekSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
185nullMalekaEgyptπŸ”’πŸ”’πŸ”’πŸ”’
186nullSafripolSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
187nullJumboSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
188nullOK FurnitureSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
189nullKenGenKenyaπŸ”’πŸ”’πŸ”’πŸ”’
190nullTotalEnergies MarketingNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
191nullPalm Hills DevelopmentEgyptπŸ”’πŸ”’πŸ”’πŸ”’
192nullUnitransSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
193nullTongaat HulettSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
194nullMilady'sSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
195nullShieldSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
196nullAll GoldSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
197nullmakroSouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
198nullPuritySouth AfricaπŸ”’πŸ”’πŸ”’πŸ”’
199nullArdovaNigeriaπŸ”’πŸ”’πŸ”’πŸ”’
200nullMarsaMarocMoroccoπŸ”’πŸ”’πŸ”’πŸ”’
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