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Libya Excluded from Africa’s Top Economic Company Rankings

March 4, 2025
Libyan Official Highlights Challenges in Forecasting Refugee Arrivals
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Jeune Afrique magazine has released its annual ranking of the top 500 African companies for 2025, focusing on the continent’s economic giants. This ranking illuminates the sectoral and regional dynamics shaping business across Africa.

The Algerian group Sonatrach retained the first place, underscoring its unrivaled leadership position. Notably, 11 Algerian companies (including 9 public and 2 private) made it to this list, demonstrating Algeria’s economic clout on the continental stage.

The ranking also highlights South Africa’s dominance, with six companies landing in the top ten. The energy, mining, and telecommunications sectors continue to dominate, reflecting their strategic importance in the African economy. Despite ongoing challenges such as currency fluctuations and declining commodity prices, African companies demonstrate remarkable resilience and adaptability to changing market conditions.

Top 10 African Companies in 2025:
Sonatrach (Algeria): The oil giant maintains its leading position, with revenue affirming its central role in Africa’s economy.
Nigerian National Petroleum Corporation (Nigeria): Continues to be a pillar of the oil sector in West Africa.
Vivo Energy (South Africa): Specializes in the distribution of petroleum products, expanding its reach across the continent.
Eskom (South Africa): Despite financial difficulties, remains a leader in Africa’s electricity sector.
Sasol (South Africa): A leader in converting coal and gas into chemicals and fuels, confirming its impact.
Bidcorp (South Africa): A key player in the food distribution sector, strengthening its presence in African and international markets.
Sonangol (Angola): Continues to play a key role in the hydrocarbons industry.
MTN (South Africa): Operates in over 20 African countries, remaining the undisputed leader in the continent’s telecommunications.
Shoprite (South Africa): Dominates the African food retail sector with its extensive supermarket network.
Office Chérifien des Phosphates (Morocco): Maintains its position as a global leader in the fertilizer industry.
This ranking sheds light on the diversity of African economies, with strong representation from traditional sectors like energy and mining but also an increasing presence in services and distribution. Algeria, with 11 companies in the rankings, and South Africa, with six in the top ten, confirm their economic weight. Morocco also maintains a strategic position in the phosphate industry thanks to the Office Chérifien des Phosphates.

Tags: AfricaJeune AfriquelibyaLibyan Economy
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