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Main companies in Africa 2022, by market capitalization
Published by
Mariam Saleh
, Aug 1, 2022
In 2022, the South African multinational Naspers was the largest company in Africa
by market capitalization. Its outstanding shares had a market value of over almost
50 billion U.S. dollars. Anglo American Platinum, which is listed on the
Johannesburg Stock Exchange, ranked second with a value of around 36 billion U.S.
dollars, followed by FirstRand at roughly 30 billion U.S. dollars.
Naspers: an international player from South Africa
Naspers Limited had origin in a publishing company established in South Africa in
1915. The business went public in 1994, when it was listed on the Johannesburg
Stock Exchange. Over the years, Naspers expanded and diversified to become a global
leader in the digital and technological market. Specifically, its subsidiary Prosus
is among the main internet and online service companies worldwide. In 2022,
Naspers’s total assets amounted to around 71 billion U.S. dollars. The total
revenue reached approximately 22 billion U.S. dollars in 2020, after increasing
steadily from 2013 onwards. Naspers South Africa owns Takealot.com, one of the most
popular e-commerce platforms in Africa.
Africa’s stock exchanges
Africa has 29 stock exchanges. The leading bourse on the continent is the
Johannesburg Stock Exchange, which also ranked among the largest stock exchanges in
Europe, Middle East, and Africa, with a total market capitalization of over one
trillion U.S. dollars as of 2022. The bourse of Nigeria was considered the best
performing stock market on the continent in 2020. Airtel Africa and Dangote Cement
were the leading companies listed in the Nigerian Exchange Group as of 2021.
Additionally, another key stock market in Africa is the Egyptian Stock Exchange,
which counted 215 listed companies in 2020.
Read more
Leading companies in Africa in 2022, by market capitalization(in million U.S.
dollars)
Value of market capitalization in million U.S. dollars
49,61949,619
36,42936,429
29,73929,739
24,50024,500
20,91520,915
20,10220,102
18,60818,608
15,35415,354
14,44614,446
13,90913,909
13,06213,062
11,89811,898
11,78211,782
11,58111,581
11,20311,203
11,04811,048
11,00311,003
10,47110,471
10,25010,250
10,03210,032
Naspers(South Africa)
Anglo American Platinum(South Africa)
FirstRand(South Africa)
MTN Group(South Africa)
Standard Bank Group(South Africa)
Vodacom Group(South Africa)
Capitec Bank Holdings(South Africa)
Sasol(South Africa)
Kumba Iron Ore(South Africa)
Gold Fields(South Africa)
Impala Platinum Holdings(South Africa)
Safaricom(Kenya)
Maroc Telecom(Morocco)
Sibanye Stillwater(South Africa)
Dangote Cement(Nigeria)
Absa Group(South Africa)
Sanlam(South Africa)
MTN Nigeria(Nigeria)
Attijariwafa Bank(Morocco)
AngloGold Ashanti(South Africa)
05,00010,00015,00020,00025,00030,00035,00040,00045,00050,00055,000
Sasol
(South Africa)
• 15,354
Expand statistic

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Release date
March 2022

Region
Africa

Survey time period

March 31, 2022

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