In a recent survey by McKinsey Africa undertaken in 2018, they discovered 438 businesses with $1 billion of annual sales. Of this total 25% are subsidiary group companies of foreign domicile multinationals, 50% have a local origin, 40% are publicly listed, and 60% are privately owned. In this list we only provide a sample of the largest companies in Africa, with the sample ranked by size. There are more large companies based in Africa which are not listed here.
101. Kap International Holdings
KAP Industrial Holdings Limited was incorporated in 1978. The company has diversified businesses in chemical, industrial and logistics. Headcount: c. 20,160 employees. The company’s headquarters is located in Stellenbosch, Western Province, South Africa. The industrial part of the group is into timber products manufacturing, the manufacturing of mattresses and bedding components. On March 30, 2012, KAP International Holdings Limited was acquired by PG Bison Holdings (Proprietary), Unitrans Holdings (Proprietary) and Steinhoff Raw Materials in a reverse merger transaction. The company’s annual turnover is R 24.80bn (2019 estimate).
102. Adcorp Holdings
Adcorp is a South African company and was incorporated in 1974. It has close to 3,000 employees. The company primarily focusses on work place management. They carry out their business operation by providing organization with capable workforce. They also help their clients by providing helpings hands in terms of management of payroll, recruitment, psychometric testing and different form of outsourced services. Adcorp is listed on the Johannesburg Stock Exchange. The company has an annual turnover of R15.55bn (April, 2019 estimate). Adcorp Holdings has its headquarters located in Bryanston, South Africa.
103. Poulina Group Holding
Abdelwahab Ben Ayed established Poulina Group Holding in 1967. One subsidiary of the company is Les Grands Ateliers Du Nord, Agromed S.A. The company’s annual turnover is 529.7 million dinars (2018 estimate). Its business operations cut across real estate, poultry, mass consumption goods, steel work, packaging, wood and household appliances, building materials, and trade and services sectors primarily in Morocco, Algeria, Libya, France, Senegal, and China. The company engages in the real estate activities; and construction of buildings. The company is also responsible for the manufacturing and distribution of home appliances such as washing machines, refrigerators, stoves, and industrial equipment, such as freezers, mini bars, and refrigerators under the Mont Blanc brand, as well as poultry and rabbit breeding equipment. The company’s headquarters is located in Ben Arous, Tunisia.
Lonmin was established in 1909 and it deals with the production of Platinum Group Metals. The company is considered the third largest producer of platinum group metals in the world. It has licenses to exploit platinum reserves in South Africa until 2037 and those licenses are renewable to 2067. 80% of the world economically viable platinum deposits are in South Africa. These metals are very useful in many industial processes such the catalytic conversion in internal combustion engines. They are also very useful in jewellery. The company has an annual turnover of US$1.23 billion (2018 estimate). The organization has Brian Beamish functioning as the Chairman, Ben Magara as the Chief Executive Officer, Barrie van der Merwe serving as the CFO and Mahomed Seedat functioning as the COO. The company has its headquarters in South Africa.
105. Condor Electronics
Condor Electronics is a company that deals in the manufacture of home appliances. The company’s headquarters is located in Algeria. The company was founded in 2002. Condor Electronics has an annual turnover of 650 million dollars (2013 estimate).
106. Hosken Consolidated Investments
The headquarters of Hosken Consolidated Investments Limited is located in Cape Town, South Africa. The company was incorporated in 1973. The company focusses on investment management. Some of the sectors which the company invest in are Non-casino gaming, Information technology, Media and broadcasting, Beverages, Mining, and Properties. The company has a labour force of 3,600 people. The company reported a revenue of R14.829 billion (2017 estimate).
107. Rand Merchant Investment (RMI) Holdings
RMI Holdings is a company based in South Africa, established in 2010 to provide financial services in the insurance sector of the economy. Its headquarters is located in Sandton, South Africa. The stock of this company is traded publicly on the Johannesburg stock exchange. The company recognizes the importance of sound management in investment decisions and operational independence, hence, the leadership of the company makes it the core guiding principle in the daily business operation of the company. The company reported a revenue of ZAR 15 billion (2017 estimate) and manpower of 36,000 people For 2017.
108. Saham Finances
Sanlam Limited was incorporated in 1959. The company’s headquarter is located in BELLVILLE, South Africa. The company operates in the financial sector of the South African economy through the provision of financial solutions to individuals and institutional clients. Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate and Santam are the five aspects of the business through which it carries out its business operations. Sanlam Personal Finance segment includes Sanlam Sky, Glacier and Strategic business development. Sanlam Emerging Markets segment includes Namibia, Botswana, India, Malaysia operations and Saham Finances. Sanlam Investments segment includes investment management, wealth management, international business and Sanlam specialized finance. Sanlam Corporate segment includes Sanlam employee benefits and healthcare business. Santam segment provides a range of general insurance products and services. The company reported a turnover of R 77.89bn (2018 estimate) and has 21,300 employees on its payroll.
109. Marjane Holding
Marjane is a Morocco based company. The company operates a chain of hypermarket. It is 100% owned by SNI, the holding company of king Mohammed VI. The chain opened its first supermarket, in 1990, in Rabat. In 2008, the company had 33 Hypermarkets around Morocco. For 2007, the company reported a revenue of 6.78 billion Dirhams, there are 5,144 employees working consistently to ensure the success of the company.
110. PSG Group
PSG Group Limited, an investment holding company, engages in the banking, education, financial services, and food and related businesses in South Africa and internationally. It operates through seven segments: Capitec, Curro, PSG Konsult, Zeder, PSG Alpha, Dipeo, and PSG Corporate. The company provides retail banking products and services; wealth and asset management, insurance, corporate finance, advisory, investment management, treasury, and stock broking services; and industrial refrigeration products. It also operates private, pre-primary, and primary schools; and invests in selected growth sectors. PSG Group Limited was incorporated in 1970 and is based in Stellenbosch, South Africa. The company has 21.92k employees on its payroll. The company has an annual revenue of R 22.10bn (2018 etimate).
111. Optimum Telecom Algeria
Optimum Telecom Algérie S.P.A was established in 2012 with the mission to provide wireless communication in Algeria. The company was known as Orascom Telecom Algeria before it was rebranded to Optimum Telecom Ageria. Some of the services rendered by this company are not limited to messaging, invoice and reloading, entertainment and multimedia but also include directory services. The company reported turnover of $1.796 billion in 2013.
112. Société Nationale des Hydrocarbures
Societe Nationale des Hydrocarbures was incorporated in 1980. The company deals in the exploration of hydrocarbon resources in Cameroun. Some of its activities include the promotion, development and the close monitoring of different forms of hydrocarbon activities. The company also manage and market the resulting crude oil. There are 295 employees in the company, it has its headquarters in Yaounde, Cameroon. It is owned by the Cameroonian government.
113. Nigerian Breweries
Nigerian Breweries Plc was incorporated in 1946 with its headquarters in Nigeria. The company deals in the brewing and marketing of non-alcoholic drinks such as malt and soft drinks, as well as alcoholic drinks such as Stout and lager beer. Some of its products are Turbo Kings dark ale, More lager beer, malt drinks, Maltex, Hi Malt, 33 Export lager beer and Williams dark ale. Additional brands are Amstel Malta; Heineken lager beer; Maltina Sip-it; Fayrouz, which is a non-alcoholic soft drink; Climax, a herbal energy drink; Goldberg lager; Malta Gold; Life Continental lager; Ace Passion; Star Lite and Star Radler, Star lager beer; Gulder lager beer; Maltina, which is a nourishing malt drink; Legend Extra Stout. The company reported a turnover of NGN324.39bn for 2018. In terms of size, the company has 2.98k employees.
114. Kenya Airways
Kenya Airways PLC is owned by the Kenya government and was incorporated in 1977. Kenya Airways is a domestic and international airline. It also carries out the handling of import and export of cargo and other services to other airlines. Kenya Airways fly passengers to more than 52 countries in Africa, Asia, Europe and the Middle East. The company at the end of 2017, had 39 aircrafts in its fleet. The company’s headquarters is located in Nairobi, Kenya. The company has 3,548 employees with an annual revenue of KSh116,158 million (2016 estimate).
115. Group Five Holdings
Group Five Holdings was incorporated in 1969. The annual sales of Group Five is R 7.35bn (2018 est.). The company conducts its business operation in the infrastructure, energy, resources and real estate sectors. The company focusses on project development, investment, construction, operations and maintenance and the manufacturing and supply of construction products. The company’s headquarter is located in South Africa and also conducts its operation in some European countries. The company has a labour force of 3, 500 people and operates in 28 countries.
116. Ooredoo Algeria
Ooredoo Algérie SPA provides mobile telephony services. The company was formerly known as Wataniya Telecom Algérie s.p.a. Ooredoo Algérie SPA was founded in 2003 and is based in Algiers, Algeria. Ooredoo Algérie SPA operates as a subsidiary of Ooredoo Q.S.C. For its financial which ended in 2017, the company reported a revenue of KWD 219.4 million.
Kenolkobil has its headquarters in Kenya. The company was founded by R.S. Alexander in 1959 and deals in the importation of crude oil for refining, storage, trading and also distributes the refined products to other customers. The six divisions of KenolKobil are Fuel Business, Lubricants, Fuel Card, K-gas, Supply and Trading, Export Sales and Non-Fuel Business. Some of the subsidiaries of the company are not limited to Kobil Petroleum Ltd, Kobil Uganda Limited, Kobil Tanzania Limited, Kobil Zambia Limited, Kobil Rwanda SARL, Kobil Petroleum Rwanda Limited, Kobil Ethiopia Limited, Kobil Burundi SA, Kobil Mozambique but also Kobil DRC. For 2018, the company reported revenue of KES176.26bn.
118. Société Nationale de Raffinage*
Société Nationale de Raffinage S.A. is into the business of crude oil refining. The company was incorporated in 1973 and has its headquarters located in Limbe, Cameroon.
119. Tsogo Sun Holdings
Tsogo Sun Holdings Limited was incorporated in 1989. The company focusses on the hospitality, gaming and entertainment sector of the economy. For 2018, the number of employees working in the company stood at 11,000. The company reported a turnover of R 15.29bn for 2018. Montecasino, Suncoast, Gold Reef City, Silverstar, The Ridge, Emnotweni, Golden Horse, Hemingways, Garden Route, Blackrock, The Caledon, Mykonos, Goldfields, Other gaming operations, South African hotels division, Offshore hotels division and Corporate are the major business segment from which the company executes its business operations.
120. Olam Group Côte d’Ivoire
The Olam Group Côte d’Ivoire is part of the Olam international group, a global grower, trader and processor of agricultural commodities with strong roots in Africa, began its Côte d’Ivoire. The Olam Group Côte d’Ivoire began operation in 1994 by exporting raw cashew nuts to India. For 2018, the company’s portfolio has grown to include coffee, cotton, rubber and cocoa. Another milestone recorded by this company is the local processing of cocoa and cashew. Partheeban Theodore, is Olam’s senior vice president and head of operations in Côte d’Ivoire. For 2016, there were 35,000 employees on the payroll of the company. The company recorded a revenue of US$69 billion For 2018.
121. Egypt Air Holdings
Egypt Air was incorporated in 1932. It is the national carrier in Egypt. It started operations on May 7th 1932 as the first airline in the Middle East and Africa, and the seventh airline in the world to join the IATA and become a treasured brand. The Egypt Air has achieved significant growth for over eight decades. For 2016/17, the company had a turnover of US$1.5 billion.
122. Compagnie Ivoirienne d’Électricité
Compagnie Ivoirienne d’Electricité (CIE) is a flagship company in the Ivorian energy sector, responsible for the supply of electricity in Côte d’Ivoire since 1990. Its activities are governed by a concession agreement signed with the State of Côte d’Ivoire that was renewed in October 2005 for another 15 years. This agreement entrusts CIE with the operation of generation facilities owned by the State, transmission and distribution, marketing, import and export of electricity throughout the country and in the sub-region. CIE is a private company and subsidiary of Eranove group.
123. Total Nigeria
Total Nigeria Plc was incorporated in 1959. The company markets and distributes refined petroleum products in Nigeria. The company operates through Network, General Trade, and Aviation segments. It offers petrol and diesel for internal combustion engines; and kerosene for use in lamps, cooking stoves, etc. The company also provides lubricants for cars, motorcycles, trucks, buses, coaches, earth moving equipment, agriculture vehicles, and coastal and inland vessels, as well as food grade lubricants under the TOTAL and ELF brand names. In addition, it offers aviation gasoline and turbine kerosene for the aviation industry; liquefied petroleum gas (LPG) for use in cooking, heating, refrigeration, and lighting applications; and biocides. The company has annual revenue of NGN293.78bn (2018 estimate). There are close to 500 employees in the Total Nigeria workforce.
124. EOH Holdings
EOH Holdings Limited provides consulting, technology, and outsourcing solutions in South Africa. The company offers IT management services, including applications, infrastructure, unified communication, network solutions, and IT infrastructure hardware and software; IT Applications, such as enterprise applications, information management, software development and integration, digital solutions, and customized application development services; and IT outsourcing and managed services, IT performance management and optimization. It primarily serves various industries, such as financial services, telecommunications, manufacturing and logistics, public sector, mining, and retail. EOH Holdings Limited has its headquarters located in South Africa. For 2018, the company reported a turnover of R16.34bn (equivalent to $1.2 billion). The company has more than 11,500 employees.
Massbuild (Pty) Ltd operates in the construction sector of the South Africa economy. It operates as a home improvement retailer and building materials supplier. The company operates 71 stores under the brands Builders Warehouse, Builders Express, and Builders Trade Depot. The company was incorporated in 2006 and is based in Sandton, South Africa. Massbuild (Pty) Ltd. operates as a subsidiary of Massmart Holdings Ltd. The company was founded in 2006 and its headquarters is located in South Africa. As at 2017, the company recorded a turnover of R13.0 billion.
126. Anglovaal Industries
Anglovaal Group was founded in 1933 as the Anglo-Transvaal Consolidated Investment Company Limited with interests initially in mining by a stockbroker called Simeon “Slip” Menell and a mining engineer Bob Hersov. At time was one of only six large South African conglomerates that had interests in mining, finance and industry. In 1981, it became Anglovaal Limited. It was majority owned throughout its existence by the Hersov and Menell families. As economic theory changed and conglomerates fell out of favour, in the late 1990s, the decision was taken to split Anglo-Transvall into two separate companies: Anglovaal Industrial Holdings (AVI), focussed on contruction; and Anglovaal Minerals (Avmin), focused on mining. As a family owned business, all family interests were to be diluted by 2001. Anglovall has mining operations focused on ferrous metals, base and precious metals: gold mining in the Free state, chrome operations in Dwaarsrivier, cobalt and copper mining in Zambia, nickel and platinum in Nkomati, and manganese in the Northern Cape. It used to have a highly cash-generative diamond mining business which was sold off to De Beers.
127. Sun International
Sun International Limited with an annual revenue of $1.3B was incorporated in 1967. The company focusses on the gaming and hospitality aspect of the entertainment industry. The Company owns and operates casino, hotel and resort properties in South Africa, other African countries and Latin America. The Company has presence in South Africa, Nigeria and Latin America (Latam). The Company operates or has an interest in a total of over 30 resorts, luxury hotels and casinos in approximately 10 countries. This includes over 10 operations in South Africa, approximately two in Zambia, over two in Lesotho and one each in Botswana, Nigeria, Swaziland and Namibia. The company has approximately 13,000 employees working for the company.
128. Tanzania Electric Supply Company
Tanzania Electric Supply Company Limited (TANESCO) was founded in 1964 with the objective of generating, transmission and distribution of electricity. The company sells electricity to Tanzanian mainland and sells bulk power to the Zanzibar Electricity Corporation (ZECO) which in turn sells it to the public in islands Unguja and Pemba. TANESCO owns most of the electricity Generating, Transmitting and Distributing facilities in Tanzania Mainland. The company has annual revenue of TSh 934 billion (2013 etimate). I also has 4896 employees on its payroll. It is located in Tanzania and it is 100% owned by the government of Tanzania.
129. Astral Foods
Astral Foods Limited was established in 1978. The company is a poultry producer and has its headquarter located in South Africa. The company sells poultry and related animal feed. The company has 6,694 employees on its payroll. Besides, the company involves in the sale of day old chicks, and also performs breeding and hatching of eggs. The annual turnover of Astral foods is R 12.98bn. Some of the business units of this company are Festive and Goldi, Mountain Valley, County Fair, National Chicks, Ross 308, Meadow Feeds, Provimi SSA, CAL, Tiger Chicks, Tiger Animal Feeds, Mozpintos, National Chicks Swaziland and Meadow Mozambique. The company has its feed mill in Zambia, South Africa and Mozambique.
130. Illovo Sugar
Illovo Sugar Africa (Pty) Ltd (Illovo) was incorporated in 1891. It is reputedly the largest sugar producer in Africa. The company manufactures sugar from cane supplied by its own agricultural operations. Being market-focussed and valued by its communities, Illovo’s primary customers of its sugar products are found primarily in the domestic markets where it operates and in neighbouring regional African countries, using an extensive network of distribution and logistics channels. The company has 12000 employees that are permanent staff on its payroll and more than 18,000 contract staff members. The company was established in 1891. Its headquarters is located in Umhlanga, South Africa and has an annual revenue of ZAR 13.3 billion (2015 estimate).
131. Total Kenya
Total Kenya Limited began its business operation in Kenya in 1959. It is a subsidiary of the TOTAL Group (the 4th largest Oil and Gas Company in the world operating in over 100 countries). Total Kenya focus on the sale of petroleum products to users of their products throughout the Kenya community. The company currently trading under the name of Total Kenya Limited was first registered in Kenya on June 13, 1955 as OZO East Africa Petroleum Company Limited. There were 373 employees working in the company as at 2018 and the company reported a turnover of KES 96.78B (2018 estimate).
Novignis is a global consulting company founded in 2010 by two regional experts. The company carries out its business operation by providing consultancy services to brands seeking to gain entry into the Nigerian market and the West African markets generally. It has its headquarters located in Nigeria. The company has a yearly turnover of $8.3M.
133. Ghabbour Auto
The Ghabbour Auto was incorporated by two brothers (Kamal and Sadek Ghabbour) in 1960 to meet the growing demands of the automotive market. The company’s headquarters is located in Cairo, Egypt and serves the Middle East market. In the early years of the company, it used the name “Ghabbour Brothers” for its numerous business transactions before changing it to Ghabbour Auto. The company manufactures diverse a range of automobiles ranging from Hyundai to Volvo. The company manufactures 150,000 units of automobiles annually. For now, it is the largest automobile manufacturer in Egypt. The company has a yearly turnover of EGP 25.8 billion (2018 est., equivalent to $1.5 billion).
134. Invicta Holdings
Invicta Holdings Limited was incorporated in 1966. It is an investment holding company, distributes engineering consumables, and provides technical services and solutions in Southern Africa and Singapore. It reported a turnover of R 10.24B For 2018. It operates through Capital Equipment and Engineering Solutions segments. It distributes engineering consumables, including bearings, seals and gaskets, power transmissions, fasteners, geared and electric drives, and tools; fluid technology products and solutions.
135. Kenya Power and Lighting
Kenya Power is a public company founded in 1922. Its stocks are traded on the Nairobi Securities Exchange (NSE). The company has annual turnover of KES125.85bn (2018 estimate). The company deals in the purchase, distribution and retail of electricity bought from the Kenyan Electricity generating Company to its customers. The company was founded through a merger in 1992, the owners are Harrali Esmailjee Jeevanjee and Clement Hertzel. For 2018, the company had a workforce of 10,990 people.
136. IBL Group (ex GML)
Ireland Blyth Ltd. (IBL) was incorporated in 1972 by George Ireland and James Blyth. The company is the second biggest business group in Mauritius. For 2015, the company reported a turnover of 16 billion Mauritian rupees. The company carries out its business activities in the Services, Logistics, Aviation & Shipping, Retail, Commerce, Engineering, Financial, Seafood and Marine sectors. It has its headquarters located in Port Louis, Mauritius and employs over 6,000 people.
137. Transnet Port Terminals
Transnet Port Terminals (TPT) is one of nine divisions of Transnet SOC Limited, South Africa’s state-owned freight, transport & handling company, with a staff compliment of over 8000. TPT provides world-class cargo handling & logistics services at seven commercial ports along South Africa’s coastline namely, Richards Bay, Durban, East London, Ngqura, Port Elizabeth, Cape Town &Saldanha. TPT operates in the container, mineral bulk, agricultural bulk & Ro-Ro sectors. The company has a yearly turnover of ZAR12.4billion (2018 est. equivalent to $860 million).
138. LafargeHolcimMaroc (ex LafargeCiments)
LafargeHolcim Maroc operates as a building material and solutions company worldwide. The company produces and supplies cement, aggregates, and ready-mix concrete, as well as mortar cement, plaster, and lime. Its products are used in building projects, including affordable housing and various infrastructure projects, such as ports, roads, urban development, and the green economy. The company serves masons, builders, architects, and engineers. The company was formerly known as Lafarge Ciments S.A. and changed its name to LafargeHolcim Maroc in July 2016. The company was founded in 1981 and is based in Casablanca, Morocco. LafargeHolcim Maroc is a subsidiary of Lafarge Maroc SA. The company reported a turnover of MAD 8.04B for 2018.
139. Pinnacle Technology Holdings
Pinnacle Holdings Limited was incorporated in 1986. The company engages in the manufacturing, distributing and supporting of information and communication technology (ICT) hardware, software and infrastructure. The Company’s segments include ICT Distribution, Services and Solutions, financial services and Group Central Services. The ICT Distribution segment imports, assembles ICT hardware and software and sells it into the sub-Saharan African markets through reseller channels, national retail chains, and on a limited scale direct to government and corporate. For 2018, the company reported a turnover of R 14.92B and employs 3,600 people.
140. Rand Water
Rand Water was formerly called Rand Water Board. It is located in South Africa and it supplies portable water to the Gauteng province and some parts of the country. The company came into existence in 1903; and, has Rand Water Services (pty) Ltd as its subsidiary. The company has Matshidiso Hashatse as its Chairperson and Percy Sechemane as the Chief Executive Oficer. The headquarter of the company is located at Glenvista, Gauteng , South Africa. There are 3,411 employees working consistently for the growth of the company and reported a turnover of ZAR7.9 billion.
141. Taqa Morocco
TAQA Morocco S.A. was incorporated in 1997 and has MAD 8.51B as its 2018 revenue. The company produces and supplies electricity in Morocco. The company operates six coal-fired thermal power plants with the total capacity of 2,056 MW. It has its headquarters in El Jadida, Morocco. TAQA Morocco S.A. is a subsidiary of Abu Dhabi National Energy Company. TAQA has a pool of 500 employees.
142. Total Maroc
Total Mory Maroc SA, formerly Total Maroc SA, is a Morocco-based company established in 1927. The company focusses on the oil and gas sector of the economy. The Company offers the distribution and marketing of oil and gas products throughout Morocco. It operates a network of stations in Morocco, and offers a range of products, such as fuels, gas and lubricants, auto plus shampoo, dashboard cleaner, engine cleaner, multipurpose textile cleaner and atmosphere tropical scent. Its portfolio includes total oils, which protects engines; ELF oils, a brand that has been operating for over 35 years; cleaning products, which enable the cleaning windshields without leaving scratches, the prevention of engine overheating and the protection from corrosion and the duration of vehicle life. Additionally, its products also prevent salt formation on the terminals and prolong the life of batteries, among others. The Company partners with Citroen and Peugeot. The company has 574 employees and its headquarters in Boulevard Zerktouni, Casablanca. The company reported a turnover of MAD 10.88B For 2018.
143. Orange Côte d’Ivoire
Orange Cote D’ivoire S.A. provides mobile telecommunication services. It provides mobile telephony and fiber optic Internet services. The company also offers mobile banking services through a subscription based Orange Money feature. It has strategic alliances with Mimo SIFCOM academy, Stella Club d’Adjamé, AS Denguélé, and the Djékanou Amadou Diallo Football Academy. The company was formerly known as Ivoiris de SIM SA and changed its name to Orange Cote D’ivoire S.A. in May 2002. The company was founded in 1996 and is based in Abidjan, Ivory Coast. Orange Cote D’ivoire S.A. operates as a subsidiary of Orange S.A.
144. Telecom Egypt
Telecom Egypt Co SAE is an Egypt-based joint stock company, which is engaged in the provision of public communications and associated products and services. The Company operates under the following segments: Communications, Marine Cables and Infrastructure; Internet Services, as well as Outsourcing Services. It offers a range of fixed line and retail telecommunications services, as well as wholesale telecommunications services. Its retail telecommunication services include access, local, long distance and international voice, Internet and data, as well as other services. Its wholesale services include broadband capacity leasing to Internet Service Providers (ISPs), as well as national and international interconnection services. The Ministry of Communications and Information Technology has 80% stake in the company.
145. Compagnie Sucrière Marocaine de Raffinage
Compagnie Sucrerie Marocaine et de Raffinage SA, formerly Cosumar SA, is a Morocco-based sugar producer. It specializes in the production of white sugar in four main forms: sugar loafs, sugar ingots, sugar lumps and granulated sugar. The Company refines local and imported sugar beets in two refineries located in Morocco. The sugar cane is cultivated in Doukkala, Gharb, Loukkos, Tadla and Moulouya Regions. Its products are marketed under different brands name, including Enmer, El Bellar, Al Kasbah, Palmier and La Gazelle. The Company operates through subsidiaries, including Suta, Surac, Sunabel, Doukkala and Sucrafor. The company was incorporated in 1929 and has a turnover of MAD 7.70B For 2018.
146. PGI Holding – Amengroup
PGI Holding is conglomerate based in Tunis, Tunisia. It was founded as a café chain business by the late Brahim Ben Yedder, roasting and distributing coffee. Today, it has eight business lines: the Agro-Food division, providing eateries and catering; the Hotel division, which builds and operates hotels and restaurants; the Banking division, formed from the 1971 acquisition of “Crédit Foncier et Commercial de Tunisie” bank (C.F.C.T.), which now provides retail banking, investment banking, and asset management services; the Insurance division; the Health division, which builds and operates clinics; the Equipment Goods Trading division; the Specialized Financial Services division, involved in leasing and factoring; and Transport Equipment division.
147. Holding Marocaine Commerciale et Financière
Holding Marocaine Commerciale et Financière was incorporated in 1959, Morocco. It operates both domestically and internationally through its network of branches. BMCE offers a range of financial, investment and insurance products and services to individuals, professionals and corporate clients, among others. The Bank’s portfolio of products includes accounts, credit cards, as well as short and long term loans, among others. The company has a turnover of MAD 14.52B (2018 estimate) and employs 4,890 people.
148. Transnet National Ports Authority
Transnet National Ports Authority is a division of Transnet Limited and is mandated to control and manage all eight commercial ports on the 2954km South African coastline. Situated at the tip of the African Continent, the South African ports are ideally situated to serve both the eastern and western seaboards.
PetroSA was founded in 1965. It is the national oil company of South Africa. Its main activities are the extraction of natural gas from offshore fields about 89 km from Mossel Bay, the production of synthetic fuels. As at 2017, the company employed 1,594 employees to help in the daily activities of the company. The company has annual revenue of R 10.357 Billion (2017 estimate).
150. Anouar Invest
Anouar Invest SA was incorporated in 1994 with an initial focus on distributing staple food products. It now has five divisions: the Food division; the Trading division, involved in buying and selling grains; the Distribution and logistics division; the Real estate division; and Construction materials. Anouar Invest employs 3,500 employees, of whom 2,300 are women. Anouar Invest has many operational strengths in its Moroccan Food economic sector: #1 in milling food, #1 in muffins production, #1 in grains trading, #2 in biscuits production, 10 industrial production plants, and 10 teams involved in Research & Development. It has its headquarters in Morocco and has a yearly turnover of MAD 7.5 billion.