As of December 10, 2024, Naspers Limited is the most valuable company in Africa, with a market cap of $40.81 billion. Following it are Firstrand Limited ($25.26 billion) and STANDARD BANK GROUP LIMITED ($21.7 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 | $40.81 billion |
| 2 | FIRSTRAND LIMITED | $25.26 billion |
| 3 | STANDARD BANK GROUP LIMITED | $21.7 billion |
| 4 | CAPITEC BANK HOLDINGS LIMITED | $21.61 billion |
| 5 | GOLD FIELDS LIMITED | $13.17 billion |
| 6 | ATTIJARIWAFA BANK SA | $11.72 billion |
| 7 | VODACOM GROUP LIMITED | $11.57 billion |
| 8 | SANLAM LIMITED | $10.54 billion |
| 9 | SHOPRITE HOLDINGS LTD | $9.28 billion |
| 10 | ABSA GROUP LIMITED | $9.15 billion |
| 11 | ANGLO AMERICAN PLATINUM LIMITED | $8.79 billion |
| 12 | MTN GROUP LIMITED | $8.6 billion |
| 13 | BID CORPORATION LIMITED | $8.44 billion |
| 14 | NEDBANK GROUP LIMITED | $8.1 billion |
| 15 | ITISSALAT AL-MAGHRIB (IAM) S.A. | $7.56 billion |
| 16 | DISCOVERY LIMITED | $7.31 billion |
| 17 | INVESTEC GROUP | $6.73 billion |
| 18 | KUMBA IRON ORE LIMITED | $6.53 billion |
| 19 | BANQUE CENTRALE POPULAIRE | $6.04 billion |
| 20 | OUTSURANCE GROUP LIMITED | $5.97 billion |
| 21 | AFRICAN EXPORT-IMPORT BANK | $5.93 billion |
| 22 | PEPKOR HOLDINGS LIMITED | $5.91 billion |
| 23 | HARMONY GOLD MINING COMPANY LIMITED | $5.85 billion |
| 24 | THE BIDVEST GROUP LIMITED | $5.43 billion |
| 25 | NEPI ROCKCASTLE N.V. | $5.34 billion |
| 26 | CLICKS GROUP LIMITED | $5.28 billion |
| 27 | IMPALA PLATINUM HOLDINGS LIMITED | $5.25 billion |
| 28 | SAFARICOM PLC | $5.12 billion |
| 29 | DANGOTE CEMENT PLC | $5.07 billion |
| 30 | REMGRO LIMITED | $4.97 billion |
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