A look at the 17 most profitable companies in Africa

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 Moneyweb

Sales: $9 billion
Profits: $2.1 billion
Assets: $147.9 billion
Market value: $22.9 billion

Safaricom - Kenya

Safaricom Plc head office ece-auto-gen

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) 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) 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 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) 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