As of September 17, 2024, INTERNATIONAL BREWERIES PLC is the most valuable company in Africa, with a market cap of $47.76 billion. Following it are Naspers Limited ($33.87 billion) and Firstrand Limited ($26.27 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 | INTERNATIONAL BREWERIES PLC | $47.76 billion |
| 2 | NASPERS LIMITED | $33.87 billion |
| 3 | FIRSTRAND LIMITED | $26.27 billion |
| 4 | STANDARD BANK GROUP LIMITED | $21.78 billion |
| 5 | CAPITEC BANK HOLDINGS LIMITED | $19.57 billion |
| 6 | GOLD FIELDS LIMITED | $12.98 billion |
| 7 | VODACOM GROUP LIMITED | $12.15 billion |
| 8 | ATTIJARIWAFA BANK SA | $11.17 billion |
| 9 | SANLAM LIMITED | $10 billion |
| 10 | MTN GROUP LIMITED | $9.47 billion |
| 11 | SHOPRITE HOLDINGS LTD | $9.18 billion |
| 12 | BID CORPORATION LIMITED | $8.33 billion |
| 13 | ANGLO AMERICAN PLATINUM LIMITED | $8.29 billion |
| 14 | ITISSALAT AL-MAGHRIB (IAM) S.A. | $8.07 billion |
| 15 | ABSA GROUP LIMITED | $7.96 billion |
| 16 | NEDBANK GROUP LIMITED | $7.63 billion |
| 17 | INVESTEC GROUP | $6.77 billion |
| 18 | KUMBA IRON ORE LIMITED | $6.36 billion |
| 19 | BANQUE CENTRALE POPULAIRE | $6.23 billion |
| 20 | HARMONY GOLD MINING COMPANY LIMITED | $6.16 billion |
| 21 | AFRICAN EXPORT-IMPORT BANK | $5.93 billion |
| 22 | DISCOVERY LIMITED | $5.82 billion |
| 23 | NEPI ROCKCASTLE N.V. | $5.57 billion |
| 24 | DANGOTE CEMENT PLC | $5.42 billion |
| 25 | THE BIDVEST GROUP LIMITED | $5.29 billion |
| 26 | CLICKS GROUP LIMITED | $5 billion |
| 27 | ASPEN PHARMACARE HOLDINGS LIMITED | $4.88 billion |
| 28 | SAFARICOM PLC | $4.8 billion |
| 29 | PEPKOR HOLDINGS LIMITED | $4.65 billion |
| 30 | IMPALA PLATINUM HOLDINGS LIMITED | $4.64 billion |
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