Dangote is Africa's 12th Richest Company

Aliko Dangote

Reports state that the Dangote Group, a global industrial conglomerate founded by Aliko Dangote, is the 12th richest company in Africa.

More than 30,000 people work for Dangote Group, which brought in more than US$4.1 billion in revenue in 2017.

Dangote, with a net worth of $7.3 billion, ranked twelfth in the report, with eleven South African-owned companies ranking in the top eleven.

The wealthiest businesses in Africa are listed below

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)