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Posted on Wednesday, 21 October 2015 17:59

TOP 500 COMPANIES IN AFRICA 2015

 

Each year, The Africa Report chronicles the fortunes of the top 500 companies in Africa's key business sectors. These rankings, which were published in February 2015 point to some of the important longer-term changes affecting African economies.

Methodology

Of 9,335 African companies in our database, 8,181 received a detailed questionnaire. After cross-checks and verification, we established a ranking of Africa's top 1,560 companies. The first 500 are published.

 

 To allow for comparison, we apply the same rules to all our data:

 

1• All financial data must have a clearly defined source, generally communicated to us by the companies themselves, and must refer to the year 2013 (in some cases 2013/2014);
 

2• If data is presented in the local currency, we convert it into US dollar amounts according to the rate prevailing on 31 December 2013;
 

3• We include all companies that fall under legal jurisdiction of at least one of the 54 countries in Africa, which is why a holding company and a subsidiary can both feature in the list; and
 

4• Where we cannot obtain up-to-date figures, we use those of the previous year (marked with an asterisk and italics). After two years of silence, a company is struck off the rankings.

 

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