The Dangote Group, a multinational industrial conglomerate, founded by Aliko Dangote, has been ranked the 12^thrichest 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 Africas 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)