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This list comprises the largest companies currently in Africa by revenue as of 2022, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency . [ 2 ]
Oceania. v. t. e. The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people [11] were living in 53 countries in Africa. Africa is a resource-rich continent. [12] [13] Recent growth has been due to growth in sales, commodities, services, and ...
The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. The dynamics that play into this forecast, aside from the impact of ...
12:05 AM PST • February 16, 2022. Comment. Image Credits: Flutterwave. African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 ...
The company plays in an extremely competitive fintech market. Nigeria is Africa’s most populous nation, and with a large share of its people underbanked and unbanked, fintech is the most ...
Today the top five largest securities exchanges in Africa are Johannesburg Stock Exchange (JSE), Egyptian Exchange (EGX), Nigerian Stock Exchange (NGX), Casablanca stock exchange in Morocco and Nairobi Securities Exchange (NSE) in Kenya. There are several notable countries on the continent that do not have a stock exchange.
GMV itself jumped by 27% year-over-year from $198.9 million to $252.7 million. And Jumia’s revenue reached $47.6 million, a 44% rise from Q1 2021’s revenue of $33 million. According to co-CEOs ...