# List of largest companies in Africa by revenue

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.

## List

Below are the 100 largest companies by revenue in 2022 (mostly for fiscal year 2021).
| Rank | Company | Industry | Revenue (US$ billions) | Headquarters |
| 1 | Sonatrach | Oil and gas | 77.013 | Algeria |
| 2 | Eskom | Electric utility | 13.941 | South Africa |
| 3 | Sasol | Chemistry | 12.989 | South Africa |
| 4 | MTN Group | Telecommunications | 12.238 | South Africa |
| 5 | Shoprite Holdings | Retail | 10.802 | South Africa |
| 6 | Nigeria National Petroleum | Oil and gas | 9.706 | Nigeria |
| 7 | Steinhoff International | Holding | 9.704 | South Africa |
| 8 | Anglo American Platinum | Mining | 9.402 | South Africa |
| 9 | Sibanye Gold | Mining | 8.692 | South Africa |
| 10 | Spar Group | Retail | 8.479 | South Africa |
| 11 | Bidcorp | Agroindustry | 8.227 | South Africa |
| 12 | Vodacom Group | Telecommunications | 6.707 | South Africa |
| 13 | Pick n Pay Stores | Retail | 6.351 | South Africa |
| 14 | Nigeria Liquefied Natural Gas | Oil and gas | 6.315 | Nigeria |
| 15 | OCP Group | Mining | 6.237 | Morocco |
| 16 | Naspers | Holding | 5.934 | South Africa |
| 17 | Massmart | Retail | 5.920 | South Africa |
| 18 | Suez Canal Authority | Transport | 5.600 | Egypt |
| 19 | Kumba Iron Ore | Mining | 5.466 | South Africa |
| 20 | Sonangol Group | Oil and gas | 5.332 | Angola |
| 21 | Vodacom South Africa | Telecommunications | 5.236 | South Africa |
| 22 | Bidvest Group | Holding | 5.233 | South Africa |
| 23 | Motus | Automotive | 5.009 | South Africa |
| 24 | Woolworths South Africa | Retail | 4.927 | South Africa |
| 25 | Impala Platinum | Mining | 4.766 | South Africa |
| 26 | Sappi | Pulp and paper | 4.609 | South Africa |
| 27 | Transnet | Transport | 4.590 | South Africa |
| 28 | Engen Petroleum | Oil and gas | 4.555 | South Africa |
| 29 | AngloGold Ashanti | Mining | 4.427 | South Africa |
| 30 | Pepkor | Holding | 4.300 | South Africa |
| 31 | Datatec | Information technology | 4.110 | South Africa |
| 32 | Office national d'électricité | Electric utility | 4.093 | Morocco |
| 33 | Groupe Maroc Telecom | Telecommunications | 4.082 | Morocco |
| 34 | Mediclinic International | Healthcare | 4.066 | South Africa |
| 35 | Gold Fields | Mining | 3.982 | South Africa |
| 36 | Remgro | Holding | 3.734 | South Africa |
| 37 | MultiChoice | Telecommunications | 3.693 | South Africa |
| 38 | MTN Nigeria | Telecommunications | 3.514 | Nigeria |
| 39 | Barloworld Limited | Conglomerate | 3.390 | South Africa |
| 40 | Orascom Construction | Construction | 3.371 | Egypt |
| 41 | Naftal | Oil and gas | 3.283 | Algeria |
| 42 | Massmart Wholesale | Wholesale | 3.246 | South Africa |
| 43 | Imperial Logistics | Conglomerate | 3.165 | South Africa |
| 44 | Ethiopian Airlines | Airline | 6.118 | Ethiopia |
| 45 | MTN South Africa | Telecommunications | 3.103 | South Africa |
| 46 | Telkom | Telecommunications | 2.949 | South Africa |
| 47 | Elsewedy Electric | Energy | 2.943 | Egypt |
| 48 | Wilson Bayly Holmes-Ovcon | Construction | 2.939 | South Africa |
| 49 | Afriquia SMDC | Oil and gas | 2.833 | Morocco |
| 50 | Dangote Cement | Cement | 2.699 | Nigeria |
| 51 | Transnet Freight Rail | Transport | 2.692 | South Africa |
| 52 | Nigerian Petroleum Development | Oil and gas | 2.686 | Nigeria |
| 53 | Massmart Retail | Retail | 2.654 | South Africa |
| 54 | Aspen Pharmacare | Pharmaceuticals | 2.637 | South Africa |
| 55 | Clicks Group | Retail | 2.463 | South Africa |
| 56 | Ezz Steel | Steel | 2.450 | Egypt |
| 57 | Middle East Oil Refineries | Oil and gas | 2.429 | Egypt |
| 58 | Foschini Group | Retail | 2.428 | South Africa |
| 59 | Safaricom | Telecommunications | 2.403 | Kenya |
| 60 | Super Group | Transport | 2.359 | South Africa |
| 61 | Qalaa Holdings | Finance | 2.281 | Egypt |
| 62 | Sonatel | Telecommunications | 2.255 | Senegal |
| 63 | Maroc Telecom | Telecommunications | 2.252 | Morocco |
| 64 | RCL Foods | Agroindustry | 2.162 | South Africa |
| 65 | Al-Ezz Dekheila Steel Co. | Steel | 2.153 | Egypt |
| 66 | Etisalat Marocco | Telecommunications | 2.024 | Morocco |
| 67 | Tiger Brands | Agroindustry | 2.033 | South Africa |
| 68 | Telecom Egypt | Telecommunications | 2.024 | Egypt |
| 69 | Egyptair | Transport | 2.015 | Egypt |
| 70 | Flour Mills of Nigeria | Agroindustry | 2.014 | Nigeria |
| 71 | Harmony Gold | Mining | 1.995 | South Africa |
| 72 | Exxaro | Mining | 1.974 | South Africa |
| 73 | Tunisian Company of Electricity and Gas | Electric utility | 1.949 | Tunisia |
| 74 | Vodafone Egypt | Telecommunications | 1.888 | Egypt |
| 75 | Dangote Cement Nigeria | Cement | 1.879 | Nigeria |
| 76 | Petroleum Projects and Consulting | Oil and gas | 1.840 | Egypt |
| 77 | Marikana | Mining | 1.833 | South Africa |
| 78 | Dis-Chem | Healthcare | 1.793 | South Africa |
| 79 | Life Healthcare Group | Healthcare | 1.732 | South Africa |
| 80 | Société tunisienne des industries de raffinage | Oil and gas | 1.683 | Tunisia |
| 81 | ArcelorMittal South Africa | Steel | 1.681 | South Africa |
| 82 | Hassan Allam Holding | Construction | 1.667 | Egypt |
| 83 | AECI | Chemicals | 1.645 | South Africa |
| 84 | Arab Contractors | Construction | 1.619 | Egypt |
| 85 | Egyptair Airlines | Airline | 1.602 | Egypt |
| 86 | Société Ivoirienne de Raffinage | Oil and gas | 1.586 | Ivory Coast |
| 87 | Pioneer Foods | Agroindustry | 1.584 | South Africa |
| 88 | Mr Price Group | Retail | 1.558 | South Africa |
| 89 | Kansanshi Mining | Mining | 1.539 | Zambia |
| 90 | Distell Group Limited | Agroindustry | 1.526 | South Africa |
| 91 | Gold Fields Ghana | Mining | 1.517 | Ghana |
| 92 | Cevital | Agroindustry | 1.508 | Algeria |
| 93 | Airtel Nigeria | Telecommunications | 1.503 | Nigeria |
| 94 | Ghabbour Auto | Automotive | 1.479 | Egypt |
| 95 | Kap Industrial Holding | Holding | 1.473 | South Africa |
| 96 | Blue Label Telecoms | Telecommunications | 1.442 | South Africa |
| 97 | Kibali Gold Mine | Mining | 1.440 | DR Congo |
| 98 | Aveng | Conglomerate | 1.425 | South Africa |
| 99 | Murray and Roberts Holdings | Construction | 1.422 | South Africa |
| 100 | Rustenburg | Mining | 1.240 | South Africa |