• Standard Bank Group, Safaricom and Dangote Group are among the top largest public companies by market values in the world.
  • Forbes Global 2000 list has more than $40 trillion in annual revenue and more than $186 trillion in global assets.
  • 17 companies make the list including 10 from South Africa, three from Morocco and two from Nigeria.

Standard Bank Group, Safaricom and Dangote Group are among the top largest public companies by market values and most profitable company in Africa, according to a recent Forbes' report.

The report, Forbes Global 2000 list has more than $40 trillion in annual revenue and more than $186 trillion in global assets.

In Africa, there are 19 companies on the list including ten from South Africa, three from Morocco and two from Nigeria.

South Africa's Standard Bank Group is the largest public company in Africa with a market value worth $22.9 billion.

Also, on the list, 9 of the top 10 largest public companies in the world are located in either in the United States or China.

ALSO READ: The most valuable companies by market cap in Nigeria in 2018

Forbes says it gathered data from FactSet Research Systems, Bloomberg, and company financial statements to analyse the sales, profits, assets and market value of public companies around the world.

Business Insider SSA by Pulse takes a closer look at the 17 African public companies on the list:

Standard Bank Group – South Africa

Standard Bank Group - Moneyweb
Standard Bank Group - Moneyweb
Moneyweb
  • Sales: $9 billion
  • Profits: $2.1 billion
  • Assets: $147.9 billion
  • Market value: $22.9 billion  

Safaricom - Kenya

Safaricom Plc head office
Safaricom Plc head office
  • Sales: $2.4 billion
  • Profits: $593 million
  • Assets: $2 billion
  • Market value: $11 billion

Commercial International Bank - Egypt

Egypt’s Commercial International Bank (mubasher.info)
Egypt’s Commercial International Bank (mubasher.info)
Aderemi Ojekunle
  • Sales: $2.4 billion
  • Profit: $538 million
  • Assets: $19.1 billion
  • Market value: $6.2 billion

Attijariwafa Bank - Morocco

Morocco's Attijariwafa Bank  (insite ooh)
Morocco's Attijariwafa Bank (insite ooh)
insite ooh
  • Sales: $4.1 billion
  • Profits: $608 million
  • Assets: $53.3 billion
  • Market value: $8.7 billion

Maroc Telecom - Morocco

File photo - Maroc Telecom
File photo - Maroc Telecom
Reuters
  • Sales $3.8 billion
  • Profits $640 million
  • Assets $6.5 billion
  • Market value $13.4 billion

Banque Centrale Populaire - Morocco

Banque Centrale Populaire  (Bladi)
Banque Centrale Populaire (Bladi)
Aderemi Ojekunle
  • Sales: $2.4 billion
  • Profits: 313 million
  • Assets: 41.4 billion
  • Market value: $5 billion

Dangote Group - Nigeria

Aliko Dangote during a visit to the fertilizer plant under construction in Lagos State. Credit: ANDREW ESIEBO FOR BLOOMBERG BUSINESSWEEK
Aliko Dangote during a visit to the fertilizer plant under construction in Lagos State. Credit: ANDREW ESIEBO FOR BLOOMBERG BUSINESSWEEK
ANDREW ESIEBO FOR BLOOMBERG BUSINESSWEEK
  • Sales: $2.5 billion
  • Profits: $1.1 billion
  • Assets: $4.7 billion
  • Market value: $9 billion

Zenith Bank - Nigeria

Zenith Bank Plc
Zenith Bank Plc
  • Sales $1.7 billion
  • Profits $534 million
  • Assets $16.4 billion
  • Market value $1.8 billion.

Others companies on the list from South Africa include:

Naspers

  • Sales: $6.9
  • Profits: $13.5 B
  • Assets: $35.8 B
  • Market value: $111.3 B

FirstRand

  • Sales: $7.6 billion
  • Profits: $2.3 billion
  • Assets: $110.5 billion
  • Market value: $27.2 billion

Sasol

  • Sales: $14.8 billion
  • Profits: $1.3 billion
  • Assets: $32.8 billion
  • Market value: $21 billion

Absa Group

  • Sales: $9.7 billion
  • Profits: $1.1billion
  • Assets: $89.6 billion
  • Market value: $9.9 billion

Nedbank

  • Sales: $7.7 billion
  • Profits: $1 billion
  • Assets: $72.6 billion
  • Market value: $9.4 billion

Old Mutual

  • Sales: $8.2 billion
  • Profits: $1.1 billion
  • Assets: $60.7 billion
  • Market value: $8.3 billion

Sanlam

  • Sales: $5.8 billion
  • Profits: $877 million
  • Assets: $55.9 billion
  • Market value $12.4 billion

MTN Group Ltd

  • Sales: $10.2 billion
  • Profits: $658 million
  • Assets: $17 billion
  • Market value: $13.5 billion

RMB Holdings

  • Sales: $4 million
  • Profits: $741 million
  • Assets: $3.6 billion
  • market value: $8.3 billion