As of December 20, 2024, Naspers Limited is the most valuable company in Africa, with a market cap of $38.56 billion. Following it are Firstrand Limited ($23.59 billion) and STANDARD BANK GROUP LIMITED ($20.15 billion).
Which one is the most valuable in Africa by market cap?
This list comprises the biggest companies currently in Africa by market cap in 2024:
Africa’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | NASPERS LIMITED | $38.56 billion |
| 2 | FIRSTRAND LIMITED | $23.59 billion |
| 3 | STANDARD BANK GROUP LIMITED | $20.15 billion |
| 4 | CAPITEC BANK HOLDINGS LIMITED | $20.06 billion |
| 5 | GOLD FIELDS LIMITED | $12.28 billion |
| 6 | ATTIJARIWAFA BANK SA | $11.47 billion |
| 7 | VODACOM GROUP LIMITED | $10.6 billion |
| 8 | SANLAM LIMITED | $9.51 billion |
| 9 | SHOPRITE HOLDINGS LTD | $8.86 billion |
| 10 | ABSA GROUP LIMITED | $8.67 billion |
| 11 | ANGLO AMERICAN PLATINUM LIMITED | $8.12 billion |
| 12 | MTN GROUP LIMITED | $8.08 billion |
| 13 | BID CORPORATION LIMITED | $7.88 billion |
| 14 | ITISSALAT AL-MAGHRIB (IAM) S.A. | $7.43 billion |
| 15 | NEDBANK GROUP LIMITED | $7.18 billion |
| 16 | DISCOVERY LIMITED | $7 billion |
| 17 | INVESTEC GROUP | $6.06 billion |
| 18 | AFRICAN EXPORT-IMPORT BANK | $5.93 billion |
| 19 | PEPKOR HOLDINGS LIMITED | $5.87 billion |
| 20 | BANQUE CENTRALE POPULAIRE | $5.86 billion |
| 21 | OUTSURANCE GROUP LIMITED | $5.82 billion |
| 22 | KUMBA IRON ORE LIMITED | $5.59 billion |
| 23 | SAFARICOM PLC | $5.45 billion |
| 24 | HARMONY GOLD MINING COMPANY LIMITED | $5.26 billion |
| 25 | DANGOTE CEMENT PLC | $5.19 billion |
| 26 | NEPI ROCKCASTLE N.V. | $5.03 billion |
| 27 | THE BIDVEST GROUP LIMITED | $4.97 billion |
| 28 | CLICKS GROUP LIMITED | $4.92 billion |
| 29 | IMPALA PLATINUM HOLDINGS LIMITED | $4.62 billion |
| 30 | REMGRO LIMITED | $4.61 billion |
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