{"id":208648,"date":"2024-02-14T05:06:14","date_gmt":"2024-02-14T03:06:14","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=208648"},"modified":"2025-02-18T19:19:54","modified_gmt":"2025-02-18T17:19:54","slug":"africas-largest-companies-by-market-capitalization-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/02\/14\/africas-largest-companies-by-market-capitalization-2024\/","title":{"rendered":"Africa’s Largest Companies by market capitalization, 2024"},"content":{"rendered":"

As of February 18, 2025, Naspers Limited is the most valuable company in Africa, with a market cap of $41.56 billion.<\/strong> Following it are Firstrand Limited ($22.59 billion) and STANDARD BANK GROUP LIMITED ($19.69 billion).<\/p>\n

Which one is the most valuable in Africa by market cap?<\/strong>
\nThis list comprises the biggest companies currently in Africa by market cap in 2024:<\/p>\n

Africa\u2019s Largest Companies by market capitalization, 2024<\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
RANK<\/strong><\/th>COMPANY<\/strong><\/th>MARKET CAPITAL (USD DOLLAR)<\/strong><\/th>\n<\/tr>\n<\/thead>\n
1<\/td>NASPERS LIMITED<\/td>$41.56 billion<\/td>\n<\/tr>\n
2<\/td>FIRSTRAND LIMITED<\/td>$22.59 billion<\/td>\n<\/tr>\n
3<\/td>STANDARD BANK GROUP LIMITED<\/td>$19.69 billion<\/td>\n<\/tr>\n
4<\/td>CAPITEC BANK HOLDINGS LIMITED<\/td>$19.41 billion<\/td>\n<\/tr>\n
5<\/td>GOLD FIELDS LIMITED<\/td>$17.46 billion<\/td>\n<\/tr>\n
6<\/td>ATTIJARIWAFA BANK SA<\/td>$13.09 billion<\/td>\n<\/tr>\n
7<\/td>VODACOM GROUP LIMITED<\/td>$12.47 billion<\/td>\n<\/tr>\n
8<\/td>MTN GROUP LIMITED<\/td>$10.99 billion<\/td>\n<\/tr>\n
9<\/td>SANLAM LIMITED<\/td>$9.4 billion<\/td>\n<\/tr>\n
10<\/td>ANGLO AMERICAN PLATINUM LIMITED<\/td>$9.39 billion<\/td>\n<\/tr>\n
11<\/td>ITISSALAT AL-MAGHRIB (IAM) S.A.<\/td>$9.24 billion<\/td>\n<\/tr>\n
12<\/td>ABSA GROUP LIMITED<\/td>$8.56 billion<\/td>\n<\/tr>\n
13<\/td>BID CORPORATION LIMITED<\/td>$8.48 billion<\/td>\n<\/tr>\n
14<\/td>SHOPRITE HOLDINGS LTD<\/td>$8.08 billion<\/td>\n<\/tr>\n
15<\/td>HARMONY GOLD MINING COMPANY LIMITED<\/td>$7.26 billion<\/td>\n<\/tr>\n
16<\/td>NEDBANK GROUP LIMITED<\/td>$7.21 billion<\/td>\n<\/tr>\n
17<\/td>DISCOVERY LIMITED<\/td>$6.93 billion<\/td>\n<\/tr>\n
18<\/td>KUMBA IRON ORE LIMITED<\/td>$6.14 billion<\/td>\n<\/tr>\n
19<\/td>INVESTEC GROUP<\/td>$6.02 billion<\/td>\n<\/tr>\n
20<\/td>AFRICAN EXPORT-IMPORT BANK<\/td>$5.93 billion<\/td>\n<\/tr>\n
21<\/td>BANQUE CENTRALE POPULAIRE<\/td>$5.76 billion<\/td>\n<\/tr>\n
22<\/td>SAFARICOM PLC<\/td>$5.6 billion<\/td>\n<\/tr>\n
23<\/td>OUTSURANCE GROUP LIMITED<\/td>$5.56 billion<\/td>\n<\/tr>\n
24<\/td>PEPKOR HOLDINGS LIMITED<\/td>$5.51 billion<\/td>\n<\/tr>\n
25<\/td>DANGOTE CEMENT PLC<\/td>$5.33 billion<\/td>\n<\/tr>\n
26<\/td>NEPI ROCKCASTLE N.V.<\/td>$5.15 billion<\/td>\n<\/tr>\n
27<\/td>IMPALA PLATINUM HOLDINGS LIMITED<\/td>$4.99 billion<\/td>\n<\/tr>\n
28<\/td>THE BIDVEST GROUP LIMITED<\/td>$4.71 billion<\/td>\n<\/tr>\n
29<\/td>MANAGEM S.A.<\/td>$4.59 billion<\/td>\n<\/tr>\n
30<\/td>LAFARGEHOLCIM MAROC S.A.<\/td>$4.58 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n
\n

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As of February 18, 2025, Naspers Limited is the most valuable company in Africa, with a market cap of $41.56 billion. Following it are Firstrand Limited ($22.59 billion) and STANDARD BANK GROUP LIMITED ($19.69 billion). Which one is the most valuable in Africa by market cap? This list comprises the biggest companies currently in Africa […]<\/p>\n","protected":false},"author":5600,"featured_media":201421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37201],"tags":[36177,36182,36237,36272,36405,36461,37221,37229,37240],"class_list":["post-208648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-special-reports","tag-executive-chairman-insider","tag-chief-academic-officer-insider","tag-chief-web-officer-insider","tag-chairwoman-insider","tag-economy-insider","tag-capitalist-insider","tag-general-counsel-insider","tag-chief-data-security-officer-insider","tag-business-leaders-insider"],"yoast_head":"\nAfrica's Largest Companies by market capitalization, 2024 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2024\/02\/14\/africas-largest-companies-by-market-capitalization-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa's Largest Companies by market capitalization, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"As of February 18, 2025, Naspers Limited is the most valuable company in Africa, with a market cap of $41.56 billion. 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Based in Dubai and New York, Lila brings over a decade of experience covering global markets, corporate governance, and brand positioning. She previously worked as a financial correspondent for a major Middle Eastern news outlet and later transitioned into strategic communications for multinational firms in the energy and tech sectors. Lila\u2019s editorial leadership is characterized by precision, global fluency, and a strong sense of storytelling. At CEOWORLD, she manages a cross-border team that produces content on capital markets, CEO profiling, and corporate storytelling. Lila holds an MBA in Finance and a certificate in Media and Strategic PR from a top European university. She is also a recurring guest lecturer at business schools and a panelist on ESG and diversity in leadership. Lila believes in empowering executives with the content they need to lead confidently on the world stage, and her work at CEOWORLD reflects that mission\u2014offering insight-rich reporting and strategy-driven features that resonate across industries and cultures. Email Lila Jones at lila@ceoworld.biz","url":"https:\/\/ceoworld.biz\/author\/lila\/"}]}},"_links":{"self":[{"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/posts\/208648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/users\/5600"}],"replies":[{"embeddable":true,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/comments?post=208648"}],"version-history":[{"count":22,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/posts\/208648\/revisions"}],"predecessor-version":[{"id":251336,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/posts\/208648\/revisions\/251336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/media\/201421"}],"wp:attachment":[{"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/media?parent=208648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/categories?post=208648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceoworld.biz\/wp-json\/wp\/v2\/tags?post=208648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}