The Dangote Group, a multinational industrial conglomerate, founded by Aliko Dangote, has been ranked the 12^th richest company in Africa according to reports.

Dangote Group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017.

In the report, 11 South African owned companies were ranked in the first eleven while Dangote took the twelfth position with a net worth of $7.3 billion.

Naspers Limited a South African owned multinational internet, technology and multimedia holding company is ranked first with a networth of $31.49 billion.

MTN Group Limited, a South African multinational corporation and mobile telecommunications provider is ranked number 7 with a net worth of $8.3 billion.

Here Is a list of Africa’s richest companies.

1. Naspers (South Africa)($31.49 billion)

2. First Rand (South Africa) ($18.7 billion)

3. Standard Bank Group (South Africa) ($18 billion)

4. Capitec Bank (South Africa) ($12.1 billion)

5. Gold Fields (South Africa) ($11 billion)

6. Vodacom (South Africa) ($10.1 billion)

7. MTN (South Africa) ($8.3 billion)

8. Sanlam (South Africa) ($8.2 billion)

9. Shoprite (South Africa) ($7.9 billion)

10. Bid Corp (South Africa) ($7.86 billion)

11. AngloGold Ashanti (South Africa) ($7.69 billion)

12. Dangote Cement (Nigeria) ($7.3 billion)

(The Nation: Text, Excluding Headline)

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