AFRICA

BUSINESS
DIRECTORY
Edition 2022
An Integrated, Prosperous and Peaceful Africa, driven by its own citizens
and representing a dynamic force in the global arena.
AFRICA
BUSINESS
DIRECTORY
Edition 2022

An Integrated, Prosperous and Peaceful Africa, driven

by its own citizens and representing a dynamic force
in the global arena.
 © 2022, African Union Commission

Neither the African Union Commission, nor any affiliate

Agency or Entity acting on behalf of the African Union is
responsible for the use that might be made of the
following information.

The designations employed and the presentation of

material on any map in this work do not imply the
expression of any opinion whatsoever on the part of the
African Union Commission concerning the legal status of
any country, territory, city or area or of its authorities, or
concerning the delimitation of its frontiers or boundaries.

Mention of any firm or licensed process does not imply

the endorsement of the African Union Commission.

This publication has been edited externally.

[AUC/ETIM/ABD/2022/01]
FOREWORD
The African Union attaches great importance to the provision of transparent
and thorough information to all investors and trade partners of the African
continent. Business results will not be adequately reflected unless there is
high-quality information dissemination and communication with trading
partners and investors.

In this context, the AUC developed this Africa Business Directory document to
facilitate engagement among businesses within and outside the continent.

Primarily, the Africa Business Directory has been developed to serve

international exporters, importers, manufacturers, traders, services providers,
and merchants looking to establish contacts with their business counterparts
in Africa. Also, it aims to promote direct connections between African
businessmen and prospective international partners by providing useful
information on various segments of the African economy.

There is no doubt that the Africa Business Directory will be a useful instrument
in promoting trade and investment within the continent and between Africa
and the rest of the world. It will provide African businesses with the opportunity
to explore new sources of supply while at the same time giving overseas
companies an excellent opportunity to identify partners with whom to work to
promote their products and services on the continent.

More importantly, the Africa Business Directory is meant to be a relevant and

easy to use tool for those active and interested in doing business on the
African continent.

It is my hope that with the availability of this important new resource, large
and small businesses will take advantage of it to improve the operations of
their enterprises. As support programs evolve, with new programs emerging
and some closing, this document will similarly be updated to present the
most up-to-date information.
It is, therefore, my pleasure to offer, on behalf of the African Union
Commission, this important information for businesses within and outside the
continent. We encourage all users, both small and large, to make full use of
this document, provide feedback to enhance it, and inform others about its
existence.

Lastly, I would like to acknowledge the work of the Department of Economic

Development, Trade, Tourism, Industry and Minerals: Mr. Djamel Ghrib, Director
of Economic Development, Integration and Trade; Mr. Charles Chiza, Acting
Director of Industry, Minerals, Entrepreneurship and Tourism; Mr. Hussein
Hassan Head of Industry, Innovation and Minerals; Mr. Islam Swaleh, Acting
Head of Entrepreneurship and Investment; Mr. Elia Karuhanga, Policy Officer,
Private Sector Development; and Dr. Patrick Olomo, Policy Officer Private
Sector Development.

Amb. Albert Muchanga

Commissioner
Economic Development, Trade, Tourism, Industry and Minerals
African Union Commission
ACKNOWLEDGEMENTS
The Africa Business Directory was prepared by a Consulting Consortium led
by Humanics (Humanics & EKIE Group Joint Venture) under the guidance and
supervision of Mr. Djamel Ghrib (Director of Economic Development,
Integration and Trade), Mr. Chiza Charles Chiumya (Acting Director of
Industry, Minerals, Entrepreneurship and Tourism) and Mr. Islam Swaleh
(Acting Head of Entrepreneurship and Investment).

Mr. Jesus Ekie, Chief Technology Officer at Humanics, was the lead consultant
for the report and coordinated the background technical research.

Research support and inputs were provided by Jesus Ekie, Zacharie Gbaguidi,
Alida Beka, Magatte Sarr, and Tresor Ekie.

Special thanks go to EKIE Group, Head of Research & Development for their
active participation during the crucial data gathering process in the
development of the Africa Business Directory.

The Handbook also benefited from extensive feedback provided by

participants in the context of the Technical Workshop to develop a
Comprehensive Strategy for the Mobilization Quality and sustainable
Investment into Africa from 22 to 25 March 2022 in Cairo, Egypt. Discussants
at the meeting included African Independent experts from private sectors,
civil societies, and academia from east, west, south, and northern African
countries are attending the workshop.

At various stages of preparation, including during the consultation meetings,

the Handbook benefited from extensive advice from Mr. Islam Swaleh (Acting
Head of Entrepreneurship and Investment).

The manuscript was copy-edited by Magatte Sarr & Jesus Ekie. The design of
the charts and infographics, and the typesetting of the report were done by
Jesus Ekie, with assistance from Zacharie Gbaguidi and Magatte Sarr.
Production of the report was supported by Tresor Ekie.
Table of Contents
FOREWORD ___________________________________________ 5

ACKNOWLEDGEMENTS ____________________________________ 8

EXECUTIVE SUMMARY _____________________________________ 1

CHAPTER 1: INTRODUCTION _________________________________ 4

CHAPTER 2: THE AFRICAN UNION _____________________________ 8

2.1. Establishment _____________________________________ 8

2.2. Background ______________________________________ 8
2.3. Structure ________________________________________ 9
2.4. Verification _______________________________________ 10
2.5. Compliance ______________________________________ 10
2.6. ETIM mandate _____________________________________ 10
2.7. Overview of AU Regions _______________________________ 11
2.7.1. Central Africa ___________________________________ 11
2.7.1.1. Economic Community of Central African States (ECCAS) ____ 11
2.7.2. Eastern Africa ___________________________________ 12
2.7.2.1. Common Market for Eastern and Southern Africa (COMESA) __ 12
2.7.2.2. East African Community (EAC) _____________________ 12
2.7.2.3. Intergovernmental Authority on Development (IGAD) ______ 14
2.7.3. Northern Africa __________________________________ 14
2.7.3.1. Arab Maghreb Union (AMU)________________________ 14
2.7.3.2. Community of Sahel-saharan States (CEN-SAD) _________ 15
2.7.4. Southern Africa __________________________________ 16
2.7.4.1. Southern African Development Community (SADC) _______ 16
2.7.5. Western Africa __________________________________ 17
2.7.5.1. Economic Community of West African States (ECOWAS) ____ 17
CHAPTER 03: AFRICA, THE PLACE TO DO BUSINESS __________________20

3.1. Economy in Brief ___________________________________ 20

3.2. Natural Resources _________________________________ 20
 3.3. Consumer Growth _________________________________ 20
3.4. Ease of Doing Business _______________________________ 21
3.5. Growing Foreign Direct Investment _______________________22
CHAPTER 04: MAIN INDUSTRIES ______________________________24

4.1. Agribusiness _____________________________________ 24

4.1.1. Industry Overall State _____________________________ 24
4.1.2. Fruits and Vegetables _____________________________ 25
4.1.3. Cassava, Potatoes, Yams, Plantain ____________________ 26
4.1.4. Cocoa and Coffee _______________________________ 26
4.1.5. Cotton, Sisal and Kenaf ____________________________ 26
4.1.6. Cashews, Coconuts, Kola Nuts, Pam Nuts ________________ 26
4.1.7. Sugar Cane and Rubber ____________________________ 27
4.1.8. Cattle, Goats, Ostrich, Poultry and Sheep _________________ 27
4.1.9. Poultry ________________________________________27
4.1.10. Fish _________________________________________27
4.1.11. Relevance of the industry ___________________________ 27
4.1.12. Industry Leaders ________________________________ 28
4.2. Automotive______________________________________ 29
4.2.1. Industry Overall State _____________________________ 29
4.2.2. Evolution Trend _________________________________ 29
4.2.3. Industry Leaders ________________________________ 30
4.3. Aviation ________________________________________ 30
4.3.1. Industry Overall State _____________________________ 30
4.3.2. African Aviation Giant _____________________________ 31
4.3.3. Context-related Challenges _________________________ 31
4.3.4. Industry’ Future__________________________________ 31
4.3.5. Industry Leaders ________________________________ 32
4.4. Banking & Financial Services __________________________ 32
4.4.1. Industry Overall State _____________________________ 32
4.4.2. Participation of Foreign Banks _______________________ 33
4.4.3. Sub-Saharan Africa’s Banking Environment ______________ 33
 4.4.4. The Insurance Industry in Africa______________________ 34
4.4.5. Industry Leaders ________________________________ 34
4.5. Broadcast Media __________________________________ 35
4.5.1. Industry Overall State _____________________________ 35
4.5.2. Industry Main Challenges __________________________ 35
4.5.3. Africa’ Main Markets _____________________________ 36
4.5.4. Evolution Trend_________________________________ 36
4.5.5. Industry Partnerships______________________________37
4.5.6. Broadcasting Technologies ________________________ 38
4.5.7. Industry Leaders ________________________________ 39
4.6. Construction & Infrastructure__________________________ 39
4.6.1. Industry Overall State _____________________________ 39
4.6.2. Potential Evaluation ______________________________ 40
4.6.3. Ever Increasing Number of Projects ___________________ 40
4.6.4. Industry Leaders ________________________________ 40
4.7. General Education & Higher Education ____________________ 41
4.7.1. Industry Overall State ______________________________ 41
4.7.2. Industry Main Challenges ___________________________ 41
4.7.3. Targeted Audience Overview _______________________ 42
4.7.4. Efforts Towards Free-Education ______________________ 42
4.7.5. Gender Equality & Women’ Empowerment ______________ 43
4.7.6. Matching Trainings Curricula with the Needs _____________ 43
4.7.7. Industry Leaders ________________________________ 44
4.8. Government and Public Services _______________________ 44
4.8.1. Industry Overall State _____________________________ 44
4.8.2. Public Perception _______________________________ 44
4.8.3. Industry Potential _______________________________ 45
4.8.4. African Union Stake on Corruption ____________________ 45
4.8.5. Advocacy Actions _______________________________ 46
4.8.6. Industry Leaders ________________________________ 46
4.9. Healthcare ______________________________________ 46
 4.9.1. Industry Overall State _____________________________ 47
4.9.2. Paradigm Transformation _________________________ 47
4.9.3. Life Expectancy in Africa ___________________________ 47
4.9.4. Main Causes of Illness and Death in Africa ______________ 48
4.9.5. Level of Morbidity in Africa _________________________ 48
4.9.6. Africa Healthcare Sector Main Challenges _______________ 48
4.9.7. Declaration on Primary Health Care and Health Systems _____ 49
4.9.8. African Union’ Efforts _____________________________ 50
4.9.9. Industry Leaders ________________________________ 50
4.10. Internet Connectivity _______________________________ 50
4.10.1. Industry Overall State ____________________________ 50
4.10.2. Evolution Trend _________________________________ 51
4.10.3. Broadband Penetration ____________________________ 51
4.10.4. Channeling of Investments _________________________ 51
4.10.5. Industry Leaders _______________________________ 52
4.11. Manufacturing ___________________________________ 52
4.11.1. Industry Overall State _____________________________ 52
4.11.2. Manufacturing Across Africa ________________________ 52
4.11.3. Integrated iron and steel __________________________ 53
4.11.4. Petrochemicals ________________________________ 53
4.11.5. Cement _____________________________________ 53
4.11.6. Textiles/Apparels _______________________________ 53
4.11.7. Food/Beverages ________________________________ 53
4.11.8. Furniture _____________________________________ 53
4.11.9. Others Goods Manufactured in Africa __________________ 54
4.11.10 Intra-Regional Trade _____________________________ 54
4.11.11. Export Promotion _______________________________ 54
4.11.12. Industry Leaders _______________________________ 54
4.12. Metals & Mining __________________________________ 55
4.12.1. Industry Overall State ____________________________ 55
4.12.2. Natural Resource Extraction ________________________ 55
 4.12.3. Industry Main Challenges _________________________ 56
4.12.4. Major Developments in the Industry __________________ 56
4.12.5. Industry Leaders _______________________________ 60
4.13. Property Development and Real Estate ___________________ 60
4.13.1. Industry Overall State ____________________________ 60
4.13.2. Fostering the Sector Potential ________________________ 61
4.13.3. Harnessing Opportunities __________________________ 61
4.13.4. Overview of Some Majors Deals ______________________ 61
4.13.5. Industry Leaders _______________________________ 62
4.14. Telecommunications ______________________________ 62
4.14.1. Industry Overall State ____________________________ 62
4.14.2. Growth Opportunities ____________________________ 63
4.14.3. Investment Challenges ___________________________ 63
4.14.4. Market Penetration Rates _________________________ 63
4.14.5. Government-Led Efforts __________________________ 64
4.14.6. African Mobile Market ____________________________ 64
4.14.5. Industry Leaders _______________________________ 65
CHAPTER 05: COUNTRIES PROFILE _____________________________67

5.1. People`s Democratic Republic of Algeria ___________________ 67

5.1.1. About ________________________________________ 67
5.1.2. Economic Overview ______________________________ 68
5.1.3. GDP Composition by Sectors ________________________ 69
5.1.4. Trade _______________________________________ 70
5.1.5. Export & Import _________________________________ 70
5.1.6. Contacts ______________________________________ 71
Investment Promotion Agency __________________________ 71
Business Council & Associations _________________________ 71
5.2. Republic of Angola _________________________________ 74
5.2.1. About _______________________________________ 74
5.2.2. Economic Overview ______________________________ 76
5.2.3. GDP Composition by Sectors _________________________ 77
 5.2.4. Trade ________________________________________ 77
5.2.5. Export & Import _________________________________ 78
5.2.6. Contacts _____________________________________ 79
Investment Promotion Agency _________________________ 79
Business Council & Associations ________________________ 79
5.3. Republic of Benin __________________________________ 83
5.3.1. About _______________________________________ 83
5.3.2. Economic Overview ______________________________ 85
5.3.3. GDP Composition by Sectors ________________________ 87
5.3.4. Trade _______________________________________ 87
5.3.5. Export & Import _________________________________ 88
5.3.6. Contacts _____________________________________ 88
Investment Promotion Agency _________________________ 88
Business Council & Associations ________________________ 89
5.4. Republic of Botswana _______________________________ 93
5.4.1. About _______________________________________ 93
5.4.2. Economic Overview ______________________________ 95
5.4.3. GDP Composition by Sectors________________________ 96
5.4.4. Trade _______________________________________ 96
5.4.5. Export & Import ________________________________ 97
5.4.6. Contacts _____________________________________ 97
Investment Promotion Agency _________________________ 97
Business Council & Associations ________________________ 98
5.5. Burkina Faso _____________________________________ 100
5.5.1. About _______________________________________ 100
5.5.2. Economic Overview ______________________________ 102
5.5.3. GDP Composition by Sectors________________________ 103
5.5.4. Trade _______________________________________ 103
5.5.5. Export & Import ________________________________ 104
5.5.6. Contacts _____________________________________ 104
Investment Promotion Agency _________________________ 104
 Business Council & Associations ________________________ 105
5.6. Republic of Burundi ________________________________ 108
5.6.1. About _______________________________________ 108
5.6.2. Economic Overview ______________________________ 109
5.6.3. GDP Composition by Sectors_________________________ 111
5.6.4. Trade ________________________________________ 111
5.6.5. Export & Import ________________________________ 112
5.6.6. Contacts _____________________________________ 112
Investment Promotion Agency _________________________ 112
Business Council & Associations ________________________ 113
5.7. Republic of Cameroon ______________________________ 116
5.7.1. About _______________________________________ 116
5.7.2. Economic Overview ______________________________ 118
5.7.3. GDP Composition by Sectors ________________________ 119
5.7.4. Trade _______________________________________ 119
5.7.5. Export & Import _________________________________ 120
5.7.6. Contacts _____________________________________ 120
Investment Promotion Agency _________________________ 120
Business Council & Associations ________________________ 121
5.8. Republic of Cape Verde _____________________________ 124
5.8.1. About _______________________________________ 124
5.8.2. Economic Overview ______________________________ 126
5.8.3. GDP Composition by Sectors________________________ 127
5.8.4. Trade _______________________________________ 127
5.8.5. Export & Import ________________________________ 128
5.8.6. Contacts _____________________________________ 128
Investment Promotion Agency _________________________ 128
Business Council & Associations ________________________ 129
5.9. Central African Republic _____________________________ 132
5.9.1. About _______________________________________ 132
5.9.2. Economic Overview ______________________________ 134
 5.9.3. GDP Composition by Sectors________________________ 135
5.9.4. Trade _______________________________________ 135
5.9.5. Export & Import ________________________________ 136
5.9.6. Contacts _____________________________________ 136
Investment Promotion Agency _________________________ 136
Business Council & Associations ________________________ 137
5.10. The Republic of Chad ______________________________ 138
5.10.1. About _______________________________________ 138
5.10.2. Economic Overview _____________________________ 140
5.10.3. GDP Composition by Sectors _______________________ 141
5.10.4. Trade _______________________________________ 141
5.10.5. Export & Import ________________________________ 142
5.10.6. Contacts ____________________________________ 142
Investment Promotion Agency _________________________ 142
Business Council & Associations ________________________ 143
5.11. Union of the Comoros ______________________________ 145
5.11.1. About _______________________________________ 145
5.11.2. Economic Overview ______________________________ 147
5.11.3. GDP Composition by Sectors________________________ 148
5.11.4. Trade _______________________________________ 148
5.11.5. Export & Import ________________________________ 149
5.11.6. Contacts _____________________________________ 149
Investment Promotion Agency _________________________ 149
Business Council & Associations ________________________ 150
5.12. Republic of the Congo ______________________________ 151
5.12.1. About _______________________________________ 151
5.12.2. Economic Overview _____________________________ 153
5.12.3. GDP Composition by Sectors _______________________ 154
5.12.4. Trade _______________________________________ 154
5.12.5. Export & Import ________________________________ 155
5.12.6. Contacts ____________________________________ 156
 Investment Promotion Agency _________________________ 156
Business Council & Associations ________________________ 156
5.13. Republic of Cote d'Ivoire_____________________________ 158
5.13.1. About _______________________________________ 158
5.13.2. Economic Overview _____________________________ 160
5.13.3. GDP Composition by Sectors _______________________ 161
5.13.4. Trade _______________________________________ 161
5.13.5. Export & Import ________________________________ 162
5.13.6. Contacts ____________________________________ 163
Investment Promotion Agency _________________________ 163
Business Council & Associations ________________________ 163
5.14. Democratic Republic of the Congo _____________________ 167
5.14.1. About _______________________________________ 167
5.14.2. Economic Overview _____________________________ 169
5.14.3. GDP Composition by Sectors _______________________ 170
5.14.4. Trade _______________________________________ 170
5.14.5. Export & Import ________________________________ 171
5.14.6. Contacts ____________________________________ 172
Investment Promotion Agency _________________________ 172
Business Council & Associations ________________________ 172
5.15. Republic of Djibouti ________________________________ 175
5.15.1. About _______________________________________ 175
5.15.2. Economic Overview _____________________________ 176
5.15.3. GDP Composition by Sectors _______________________ 177
5.15.4. Trade _______________________________________ 178
5.15.5. Export & Import ________________________________ 178
5.15.6. Contacts ____________________________________ 179
Investment Promotion Agency _________________________ 179
Business Council & Associations ________________________ 179
5.16. Arab Republic of Egypt _____________________________ 180
5.16.1. About _______________________________________ 180
 5.16.2. Economic Overview _____________________________ 182
5.16.3. GDP Composition by Sectors _______________________ 184
5.16.4. Trade _______________________________________ 184
5.16.5. Export & Import ________________________________ 185
5.16.6. Contacts ____________________________________ 185
Investment Promotion Agency _________________________ 185
Business Council & Associations ________________________ 186
5.17. Republic of Equatorial Guinea _________________________ 188
5.17.1. About _______________________________________ 188
5.17.2. Economic Overview _____________________________ 190
5.17.3. GDP Composition by Sectors _______________________ 191
5.17.4. Trade _______________________________________ 191
5.17.5. Export & Import ________________________________ 192
5.17.6. Contacts ____________________________________ 192
Investment Promotion Agency _________________________ 192
Business Council Associations _________________________ 192
5.18. State of Eritrea ___________________________________ 193
5.18.1. About _______________________________________ 193
5.18.2. Economic Overview _____________________________ 194
5.18.3. GDP Composition by Sectors _______________________ 195
5.18.4. Trade _______________________________________ 196
5.18.5. Export & Import ________________________________ 196
5.18.6. Contacts ____________________________________ 197
Investment Promotion Agency _________________________ 197
Business Council & Associations ________________________ 197
5.19. Eswatini _______________________________________ 199
5.19.1. About _______________________________________ 199
5.19.2. Economic Overview _____________________________ 200
5.19.3. GDP Composition by Sectors _______________________ 202
5.19.4. Trade _______________________________________ 202
5.19.5. Export & Import ________________________________ 203
 5.19.6. Contacts ____________________________________ 203
Investment Promotion Agency _________________________ 203
Business Councils & Associations _______________________ 203
5.20. Federal Democratic Republic of Ethiopia _________________ 204
5.20.1. About ______________________________________ 204
5.20.2. Economic Overview _____________________________ 205
5.20.3. GDP Composition by Sectors _______________________ 207
5.20.4. Trade ______________________________________ 207
5.20.5. Export & Import ________________________________ 208
5.20.6. Contacts ____________________________________ 208
Investment Promotion Agency _________________________ 208
Business Council & Associations ________________________ 209
5.21. Gabonese Republic ________________________________ 211
5.21.1. About _______________________________________ 211
5.21.2. Economic Overview _____________________________ 213
5.21.3. GDP Composition by Sectors _______________________ 214
5.21.4. Trade _______________________________________ 214
5.21.5. Export & Import ________________________________ 215
5.21.6. Contacts ____________________________________ 216
Investment Promotion Agency _________________________ 216
Business Council & Associations ________________________ 216
5.22. Republic of the Gambia_____________________________ 218
5.22.1. About _______________________________________ 218
5.22.2. Economic Overview _____________________________ 220
5.22.3. GDP Composition by Sectors _______________________ 221
5.22.4. Trade ______________________________________ 221
5.22.5. Export & Import ________________________________ 222
5.22.6. Contacts ____________________________________ 222
Investment Promotion Agency _________________________ 222
Business Council & Associations ________________________ 223
5.23. Republic of Ghana ________________________________ 223
 5.23.1. About_______________________________________ 223
5.23.2. Economic Overview _____________________________ 225
5.23.3. GDP Composition by Sectors _______________________ 226
5.23.4. Trade ______________________________________ 227
5.23.5. Export & Import ________________________________ 227
5.23.6. Contacts ____________________________________ 228
Investment Promotion Agency _________________________ 228
Business Council & Associations ________________________ 228
5.24. Republic of Guinea ________________________________ 230
5.24.1. About ______________________________________ 230
5.24.2. Economic Overview _____________________________ 232
5.24.3. GDP Composition by Sectors _______________________ 233
5.24.4. Trade ______________________________________ 234
5.24.5. Export & Import ________________________________ 234
5.24.6. Contacts ____________________________________ 235
Investment Promotion Agency _________________________ 235
Business Council & Associations ________________________ 235
5.25. Republic of Guinea-Bissau___________________________ 238
5.25.1. About ______________________________________ 238
5.25.2. Economic Overview _____________________________ 239
5.25.3. GDP Composition by Sectors _______________________ 241
5.25.4. Trade ______________________________________ 241
5.25.5. Export & Import ________________________________ 242
5.25.6. Contacts ____________________________________ 242
Investment Promotion Agency _________________________ 242
Business Council & Associations ________________________ 243
5.26. Republic of Kenya ________________________________ 245
5.26.1. About ______________________________________ 245
5.26.2. Economic Overview _____________________________ 247
5.26.3. GDP Composition by Sectors _______________________ 248
5.26.4. Trade ______________________________________ 248
 5.26.5. Export & Import ________________________________ 249
5.26.6. Contacts ____________________________________ 249
Investment Promotion Agency _________________________ 249
Business Council & Associations ________________________ 250
5.27. Kingdom of Lesotho _______________________________ 252
5.27.1. About _______________________________________ 252
5.27.2. Economic Overview _____________________________ 253
5.27.3. GDP Composition by Sectors _______________________ 255
5.27.4. Trade ______________________________________ 255
5.27.5. Export & Import ________________________________ 256
5.27.6. Contacts ____________________________________ 256
Investment Promotion Agency _________________________ 256
Business Council & Associations ________________________ 257
5.28. Republic of Liberia ________________________________ 259
5.28.1. About ______________________________________ 259
5.28.2. Economic Overview _____________________________ 260
5.28.3. GDP Composition by Sectors _______________________ 262
5.28.4. Trade ______________________________________ 262
5.28.5. Export & Import ________________________________ 263
5.28.6. Contacts ____________________________________ 263
Investment Promotion Agency _________________________ 263
Business Council & Associations ________________________ 264
5.29. Libya _________________________________________ 265
5.29.1. About ______________________________________ 265
5.29.2. Economic Overview _____________________________ 267
5.29.3. GDP Composition by Sectors _______________________ 268
5.29.4. Trade ______________________________________ 269
5.29.5. Export & Import ________________________________ 269
5.29.6. Contacts ____________________________________ 270
Investment Promotion Agency _________________________ 270
Business Council & Associations ________________________ 270
5.30. Republic of Madagascar ____________________________ 271
5.30.1. About ______________________________________ 271
5.30.2. Economic Overview _____________________________ 273
5.30.3. GDP Composition by Sectors _______________________ 275
5.30.4. Trade ______________________________________ 275
5.30.5. Export & Import ________________________________ 276
5.30.6. Contacts ____________________________________ 276
Investment Promotion Agency _________________________ 276
Business Council & Associations ________________________ 277
5.31. Republic of Malawi ________________________________ 279
5.31.1. About _______________________________________ 279
5.31.2. Economic Overview _____________________________ 281
5.31.3. GDP Composition by Sectors _______________________ 282
5.31.4. Trade _______________________________________ 282
5.31.5. Export & Import ________________________________ 283
5.31.6. Contacts ____________________________________ 283
Investment Promotion Agency _________________________ 283
Business Council & Associations ________________________ 284
5.32. Republic of Mali __________________________________ 285
5.32.1. About_______________________________________ 285
5.32.2. Economic Overview _____________________________ 287
5.32.3. GDP Composition by Sectors _______________________ 288
5.32.4. Trade ______________________________________ 288
5.32.5. Export & Import ________________________________ 289
5.32.6. Contacts ____________________________________ 290
Investment Promotion Agency _________________________ 290
Business Council & Associations ________________________ 290
5.33. Republic of Mauritania _____________________________ 292
5.33.1. About_______________________________________ 292
5.33.2. Economic Overview _____________________________ 294
5.33.3. GDP Composition by Sectors _______________________ 295
 5.33.4. Trade ______________________________________ 295
5.33.5. Export & Import ________________________________ 296
5.33.6. Contacts ____________________________________ 296
Investment Promotion Agency _________________________ 296
Business Council & Associations ________________________ 297
5.34. Republic of Mauritius ______________________________ 300
5.34.1. About ______________________________________ 300
5.34.2. Economic Overview _____________________________ 302
5.34.3. GDP Composition by Sectors _______________________ 303
5.34.4. Trade ______________________________________ 304
5.34.5. Export & Import ________________________________ 304
5.34.6. Contacts ____________________________________ 305
Investment Promotion Agency _________________________ 305
Business Council & Associations ________________________ 305
5.35. Kingdom of Morocco ______________________________ 307
5.35.1. About ______________________________________ 307
5.35.2. Economic Overview _____________________________ 309
5.35.3. GDP Composition by Sectors _______________________ 311
5.35.4. Trade ______________________________________ 311
5.35.5. Export & Import ________________________________ 312
5.35.6. Contacts ____________________________________ 312
Investment Promotion Agency _________________________ 312
Business Council & Associations ________________________ 313
5.36. Republic of Mozambique ____________________________ 316
5.36.1. About ______________________________________ 316
5.36.2. Economic Overview _____________________________ 318
5.36.3. GDP Composition by Sectors _______________________ 319
5.36.4. Trade ______________________________________ 319
5.36.5. Export & Import ________________________________ 320
5.36.6. Contacts ____________________________________ 321
Investment Promotion Agency _________________________ 321
 Business Council & Associations ________________________ 321
5.37. Republic of Namibia _______________________________ 324
5.37.1. About _______________________________________ 324
5.37.2. Economic Overview _____________________________ 326
5.37.3. GDP Composition by Sectors _______________________ 327
5.37.4. Trade ______________________________________ 327
5.37.5. Export & Import ________________________________ 328
5.37.6. Contacts ____________________________________ 328
Investment Promotion Agency _________________________ 328
Business Council & Associations ________________________ 329
5.38. Republic of Niger _________________________________ 330
5.38.1. About ______________________________________ 330
5.38.2. Economic Overview _____________________________ 332
5.38.3. GDP Composition by Sectors _______________________ 334
5.38.4. Trade ______________________________________ 334
5.38.5. Export & Import ________________________________ 335
5.38.6. Contacts ____________________________________ 335
Investment Promotion Agency _________________________ 335
Business Council & Associations ________________________ 336
5.39. Federal Republic of Nigeria __________________________ 338
5.39.1. About ______________________________________ 338
5.39.2. Economic Overview _____________________________ 340
5.39.3. GDP Composition by Sectors _______________________ 342
5.39.4. Trade ______________________________________ 342
5.39.5. Export & Import ________________________________ 343
5.39.6. Contacts ____________________________________ 343
Investment Promotion Agency _________________________ 343
Business Council & Associations ________________________ 344
5.40. Republic of Rwanda _______________________________ 346
5.40.1. About ______________________________________346
5.40.2. Economic Overview _____________________________ 348
 5.40.3. GDP Composition by Sectors _______________________ 350
5.40.4. Trade ______________________________________ 350
5.40.5. Export & Import ________________________________ 351
5.40.6. Contacts ____________________________________ 351
Investment Promotion Agency _________________________ 351
Business Council & Associations ________________________ 352
5.41. Sahrawi Arab Democratic Republic _____________________ 354
5.41.1. About _______________________________________ 354
5.41.2. Economic Overview _____________________________ 355
5.41.3. GDP Composition by Sectors _______________________ 357
5.41.4. Trade _______________________________________ 357
5.41.5. Export & Import ________________________________ 357
5.41.6. Contacts ____________________________________ 358
Investment Promotion Agency _________________________ 358
Business Councils & Associations _______________________ 358
5.42. Democratic Republic of São Tomé and Principe ____________ 358
5.42.1. About ______________________________________ 358
5.42.2. Economic Overview _____________________________ 360
5.42.3. GDP Composition by Sectors _______________________ 361
5.42.4. Trade ______________________________________ 361
5.42.5. Export & Import ________________________________ 362
5.42.6. Contacts ____________________________________ 363
Investment Promotion Agency _________________________ 363
Business Council & Associations ________________________ 363
5.43. Republic of Senegal _______________________________ 363
5.43.1. About ______________________________________ 363
5.43.2. Economic Overview _____________________________ 365
5.43.3. GDP Composition by Sectors _______________________ 367
5.43.4. Trade ______________________________________ 367
5.43.5. Export & Import ________________________________ 368
5.43.6. Contacts ____________________________________369
 Investment Promotion Agency _________________________ 369
Business Council & Associations ________________________ 369
5.44. Republic of Seychelles _____________________________ 372
5.44.1. About ______________________________________ 372
5.44.2. Economic Overview _____________________________ 374
5.44.3. GDP Composition by Sectors _______________________ 376
5.44.4. Trade ______________________________________ 376
5.44.5. Export & Import ________________________________ 377
5.44.6. Contacts ____________________________________ 377
Investment Promotion Agency _________________________ 377
Business Council & Associations ________________________ 378
5.45. Republic of Sierra Leone ____________________________ 380
5.45.1. About ______________________________________ 380
5.45.2. Economic Overview _____________________________ 382
5.45.3. GDP Composition by Sectors _______________________ 383
5.45.4. Trade ______________________________________ 383
5.45.5. Export & Import ________________________________ 384
5.45.6. Contacts ____________________________________ 385
Investment Promotion Agency _________________________ 385
Business Council & Associations ________________________ 385
5.46. Somali Republic__________________________________386
5.46.1. About ______________________________________386
5.46.2. Economic Overview _____________________________ 388
5.46.3. GDP Composition by Sectors _______________________ 390
5.46.4. Trade ______________________________________ 390
5.46.5. Export & Import ________________________________ 391
5.46.6. Contacts ____________________________________ 391
Investment Promotion Agency _________________________ 391
Business Council & Associations ________________________ 391
5.47. Republic of South Africa ____________________________ 393
5.47.1. About_______________________________________ 393
 5.47.2. Economic Overview _____________________________ 395
5.47.3. GDP Composition by Sectors _______________________ 397
5.47.4. Trade ______________________________________ 397
5.47.5. Export & Import ________________________________ 398
5.47.6. Contacts ____________________________________398
Investment Promotion Agency _________________________ 398
Business Council & Associations ________________________ 399
5.48. Republic of South Sudan ____________________________ 401
5.48.1. About ______________________________________ 401
5.48.2. Economic Overview _____________________________ 403
5.48.3. GDP Composition by Sectors _______________________404
5.48.4. Trade ______________________________________405
5.48.5. Export & Import ________________________________405
5.48.6. Contacts ____________________________________406
Investment Promotion Agency _________________________406
Business Councils & Associations _______________________406
5.49. Republic of The Sudan _____________________________406
5.49.1. About ______________________________________406
5.49.2. Economic Overview _____________________________408
5.49.3. GDP Composition by Sectors _______________________ 410
5.49.4. Trade ______________________________________ 410
5.49.5. Export & Import ________________________________ 411
5.49.6. Contacts ____________________________________ 411
Investment Promotion Agency _________________________ 411
Business Council & Associations ________________________ 412
5.50. United Republic of Tanzania__________________________ 413
5.50.1. About ______________________________________ 413
5.50.2. Economic Overview _____________________________ 415
5.50.3. GDP Composition by Sectors _______________________ 416
5.50.4. Trade ______________________________________ 416
5.50.5. Export & Import ________________________________ 417
 5.50.6. Contacts ____________________________________ 417
Investment Promotion Agency _________________________ 417
Business Council & Associations ________________________ 418
5.51. Togolese Republic ________________________________ 420
5.51.1. About _______________________________________ 420
5.51.2. Economic Overview _____________________________ 422
5.51.3. GDP Composition by Sectors _______________________ 423
5.51.4. Trade _______________________________________ 423
5.51.5. Export & Import ________________________________ 424
5.51.6. Contacts ____________________________________ 424
Investment Promotion Agency _________________________ 424
Business Council & Associations ________________________ 425
5.52. Tunisian Republic _________________________________ 427
5.52.1. About ______________________________________ 427
5.52.2. Economic Overview _____________________________ 429
5.52.3. GDP Composition by Sectors _______________________ 430
5.52.4. Trade ______________________________________ 430
5.52.5. Export & Import ________________________________ 431
5.52.6. Contacts ____________________________________ 431
Investment Promotion Agency _________________________ 431
Business Council & Associations ________________________ 432
5.53. Republic of Uganda _______________________________ 435
5.53.1. About ______________________________________ 435
5.53.2. Economic Overview _____________________________ 437
5.53.3. GDP Composition by Sectors _______________________ 439
5.53.4. Trade ______________________________________ 439
5.53.5. Export & Import ________________________________440
5.53.6. Contacts ____________________________________440
Investment Promotion Agency _________________________440
Business Council & Associations ________________________ 441
5.54. Republic of Zambia _______________________________ 443
 5.54.1. About ______________________________________ 443
5.54.2. Economic Overview _____________________________445
5.54.3. GDP Composition by Sectors _______________________ 447
5.54.4. Trade ______________________________________ 447
5.54.5. Export & Import ________________________________448
5.54.6. Contacts ____________________________________448
Investment Promotion Agency _________________________448
Business Council & Associations ________________________449
5.55. Republic of Zimbabwe _____________________________ 451
5.55.1. About ______________________________________ 451
5.55.2. Economic Overview _____________________________ 452
5.55.3. GDP Composition by Sectors _______________________454
5.55.4. Trade ______________________________________454
5.55.5. Export & Import ________________________________455
5.55.6. Contacts ____________________________________455
Investment Promotion Agency _________________________455
Business Councils & Associations _______________________456
CHAPTER 06: OVERVIEW OF MAIN PARTNERSHIPS __________________ 459

6.1. Arab Region _____________________________________459

6.2. China _________________________________________459
6.3. Europe Region ____________________________________459
6.4. India __________________________________________459
6.5. Japan _________________________________________460
6.6. South America ___________________________________460
6.7. South Korea _____________________________________460
6.8. Turkey _________________________________________ 461
6.9. United States ____________________________________ 461
CHAPTER 07: AFRICA’S TOP BUSINESS MEN ______________________ 463

7.1. Aliko Dangote ____________________________________463

7.2. Johann Rupert & family ______________________________465
7.3. Nicky Oppenheimer & family __________________________ 467
 7.4. Nassef Sawiris ___________________________________ 469
7.5. Abdulsamad Rabiu ________________________________ 471
7.6. Mike Adenuga ____________________________________ 473
7.7. Issad Rebrab & family _______________________________ 475
7.8. Naguib Sawiris ___________________________________ 477
7.9. Patrice Motsepe __________________________________ 479
7.10. Koos Bekker _____________________________________ 481
7.11. Strive Masiyiwa ___________________________________483
7.12. Mohamed Mansour ________________________________485
7.13. Aziz Akhannouch & family ____________________________ 487
7.14. Michiel Le Roux ___________________________________489
7.15. Othman Benjelloun & family __________________________ 491
7.16. Mohammed Dewji _________________________________ 493
7.17. Youssef Mansour__________________________________495
7.18. Yasseen Mansour _________________________________ 497
CHAPTER 08: AFRICA’S TOP 500 BUSINESSES & CONTACTS ____________ 500

CHAPTER 09: CONCLUDING REMARKS _________________________ 834

REFERENCES _________________________________________ 837

Pg. 1 Africa Business Directory - Ed. 2022

EXECUTIVE SUMMARY
The supply of open and comprehensive information to any and all parties
interested in investing in or doing business on the African continent is given a
high priority by the African Union (AU). If there is not appropriate information
distribution and contact with trade partners and investors, then the outcomes
of the company's operations will not accurately represent the situation.

In light of this, the African Union Commission (AUC) established this Africa
Business Directory document with the intention of easing the process of
interaction between companies based on and operating outside of the
continent.

The Africa Business Directory was created in the first place to meet the needs
of worldwide exporters, importers, manufacturers, traders, service providers,
and merchants who are interested in establishing links with their business
counterparts in Africa.

The extensive research, compilation, and analysis process surrounding data

related to trade and investment, along with useful contacts from the
perspective of partners and investors, led to the production of this easy-to-
use reference publication that covers the primary aspects of doing business
in Africa. The following information, which may or may not be included
depending on the accessibility of the data or the very existence of the entity,
may be found throughout this document:
➢ Information related to GDP, Geographical demography, inflation and
GDP growth Levels of all African member states;
➢ Produced and manufactured products in all AU member states;
➢ Information related to the regulatory framework of African Member
States;
➢ Information related to tendering, procurement and project and
investment opportunities;
➢ Information on leading African businesses;
Pg. 2 Africa Business Directory - Ed. 2022

➢ Information related to the Financial Markets, Corporate Finance and

Stock Exchanges available in African Member States;
➢ Investment policy of all African member states
➢ African Investment Promotion Agencies;
➢ African Chambers of Commerce and Industry;
➢ National and Regional Economic Communities Business Councils
➢ African Business Councils
➢ The Pan African Chamber of Commerce and Industry
➢ National, regional and continental sectoral associations.

By disseminating informative content on all facets of the African economic

landscape, it also seeks to facilitate the establishment of direct contacts
between businesspeople from Africa and potential foreign partners.

There is no shadow of a doubt that the Africa Business Directory will prove to
be an effective tool in fostering commerce and investment across the African
continent as well as between Africa and the rest of the world. It will provide
businesses in Africa the option to investigate new sources of supply while at
the same time providing an ideal opportunity for businesses outside of Africa
to discover partners with whom they can engage to market their goods and
services on the African continent.

Most significantly, the goal of the Africa Business Directory is to provide a

resource that is both practical and simple to use for anyone who are already
doing or who are interested in conducting business on the African continent.

It is our sincere desire that both big and small firms, now that this significant
new resource is available to them, would make use of it in order to enhance
the operations of their own companies.
Pg. 3 Africa Business Directory - Ed. 2022
Pg. 4 Africa Business Directory - Ed. 2022

CHAPTER 1: INTRODUCTION
Africa, which is the second-largest continent in the globe and has a land area
of 30 million km2, is quickly being recognized as an important location for
doing business. Africa has become the world's sixth fastest-growing
continent with an average GDP growth rate of 3.7 percent in 2020. The
continent has a population of 1.333 billion people and a GDP of $2.58 trillion
(US$1,970 per capita GDP).

In addition to its massive reserves of mineral resources, Africa has a sizable

and young population as well as a favorable environment for doing business.
Gold is the most important mineral resource that can be extracted from the
continent. In spite of this, Africa is either first or second in the world when it
comes to the deposits of zinc, steel, graphite, platinum-group metals,
vermiculite, and zirconium. In addition, more than a quarter of the world's
farmable land may be found in the African continent.

Africa has benefited from a time of extraordinary global demand, mainly from
the Asian nations of India and China, since natural resource exports account
for forty percent of the continent's total export revenues. The African continent
is home to around thirty percent of the world's total mineral reserves.

According to the World Bank's 2019 online Africa Overview report, four of
Africa's countries with the quickest expansion rates are also in the top 10
economies with the quickest expansion rates worldwide. Cote d'Ivoire (with a
GDP growth rate of 7.0 percent), Ethiopia (8.2 percent), Ghana (with a GDP
growth rate of 7.3 percent), Rwanda (with a GDP growth rate of 7.8 percent),
and Tanzania are among the African countries with the fastest-growing
economies (6.3 percent). Senegal's economy is one of the top 20 fastest-
growing in the world, increasing at 6.3 percent, which places it outside of the
top 10 countries with the fastest-growing economies.

The Africa Business Directory is divided into nine chapters. This chapter –
Introduction – describes the background against which the development of
the Africa Business Directory has taken place. It emphasizes a number of
trends, some of those inherently specific to the African context and others
generally applicable to the global trade and investment climate among
which we can mention: (i) the growing recognition of Africa as the place to be
in terms of Trade and Investment, (ii) the astonishing natural resources of
Africa is endowed with, (iii) the renewed pledge, by International
Pg. 5 Africa Business Directory - Ed. 2022

Organizations, of their confidence in the growing potential of African Union

Member States, (iv) the rising competitive pressure to attract quality
investment in Africa, (v) the heightened attention to the sustainable
development imperative, (vi) the details of African Union Member States
economies and (vii) the essential focal points contacts to facilitate trade &
investment. Each of these elements is further elaborated throughout the
Handbook.

In Chapter 02, we take a more educational approach to providing an overview

of the African Union. The chapter begins with a discussion of the
establishment of this structure, then moves on to the context that underpins
this work, then proceeds to an elaboration of the entity's structuring, followed
by an exposition of the verification and compliance process, and finally, the
chapter concludes with a presentation of the mandate that ETIM, the
department that is in charge of this activity, is tasked with carrying out.

In Chapter 03, we talk about the one-of-a-kind opportunity that Africa

presents in terms of commerce and investments. The economy of Africa is
introduced briefly, followed by a discussion of the enormous potential offered
by the continent's natural resources, followed by a discussion of the potential
offered by African consumers, followed by a presentation on the ease with
which businesses can operate in Africa, and finally by a focus on the
continued expansion of Foreign Direct Investment over the course of the past
several years.

It is the purpose of Chapter 04 to provide a forum for the discussion of

important African industries, such as agribusiness, automotive, aviation,
finance, media, infrastructure, education, utilities, health, internet, metals, real
estate, and telecommunications. The importance of investments in each of
these sectors, as well as the major nations that are now dominating the
industry, are discussed in this article, along with a general review of the
sectors themselves.

In Chapter 05, which is the most important part of this publication, a complete
assessment of the indicators of trade and investment in each of the 55
countries that make up the African Union is presented. In this chapter, a brief
overview of the countries is presented; this is followed by a summary of the
prevalent economy; the components of GDP are broken down and presented
in graphical form; trade and import-export are not left out and also benefit
from a graphical representation of the prevalent statistics; and finally, the
Pg. 6 Africa Business Directory - Ed. 2022

chapter concludes with a discussion of the implications of these findings.

Finally, we present helpful contacts for investors and partners, with a
particular emphasis on Investment Promotion Agencies and Business
Associations. These contacts can be found at the end of the article.

In Chapter 06, we discuss the most significant partnerships that are currently
in operation between Africa and the rest of the globe. These include
relationships with countries and regions such as the Arab world, China,
Europe, India, Japan, South America, South Korea, Turkey, and the United
States of America.

Chapter 7 profiles the most successful businessmen on the African continent

and includes a ranking of the continent's billionaires (in US Dollars). This
chapter provides a report on their wealth growth and a summary of their
preferred industries.

This document's core lies within Chapter 08, which provides an exhaustive
and detailed listing of the Top 500 Businesses in Africa. From financial data to
contact and CEO details, every effort is made to provide you with the most
accurate picture possible of the current state of these African economic
powerhouses.

A conclusion to our discussion, which will take place in Chapter 07, will include
a synopsis of the material that we have been discussing up until this point.
Pg. 7 Africa Business Directory - Ed. 2022
Pg. 8 Africa Business Directory - Ed. 2022

CHAPTER 2: THE AFRICAN UNION

The African Union (AU) is a continental body consisting of the 55 member
states that make up the countries of the African Continent. It was officially
launched in 2002 as a successor to the Organisation of African Unity (OAU,
1963-1999).

2.1. Establishment
25 May 1963 – On 26 May 2001, the Organization of African Unity (OAU) was
legally transformed into the African Union (AU).

2.2. Background
In May 1963, 32 Heads of independent African States met in Addis Ababa
Ethiopia to sign the Charter creating Africa’s first post-independence
continental institution, The Organisation of African Unity (OAU). The OAU was
the manifestation of the pan-African vision for an Africa that was united, free
and in control of its own destiny and this was solemnised in the OAU Charter
in which the founding fathers recognised that freedom, equality, justice and
dignity were essential objectives for the achievement of the legitimate
aspirations of the African peoples and that there was a need to promote
understanding among Africa’s peoples and foster cooperation among
African states in response to the aspirations of Africans for brother-hood and
solidarity, in a larger unity transcending ethnic and national Differences. The
guiding philosophy was that of Pan-Africanism which centred on African
socialism and promoted African unity, the communal characteristic and
practices of African communities, and a drive to embrace Africa’s culture and
common heritage.

The main objectives of the OAU were to rid the continent of the remaining
vestiges of colonisation and apartheid; to promote unity and solidarity
amongst African States; to coordinate and intensify cooperation for
development; to safeguard the sovereignty and territorial integrity of Member
States and to promote international cooperation. The OAU Charter spelled out
the purpose of the Organisation namely:

• To promote the unity and solidarity of the African States;

Pg. 9 Africa Business Directory - Ed. 2022

• To coordinate and intensify their cooperation and efforts to achieve a

better life for the peoples of Africa;
• To defend their sovereignty, their territorial integrity and independence;
• To eradicate all forms of colonialism from Africa; and
• To promote international cooperation, having due regard to the
Charter of the United Nations and the Universal Declaration of Human
Rights.

Through the OAU Coordinating Committee for the Liberation of Africa, the
Continent worked and spoke as one with undivided determination in forging
an international consensus in support of the liberation struggle and the fight
against apartheid. The OAU had provided an effective forum that enabled all
Member States to adopt coordinated positions on matters of common
concern to the continent in international fora and defend the interests of
Africa effectively.

On 9.9.1999, the Heads of State and Government of the Organisation of African

Unity (OAU) issued the Sirte Declaration calling for the establishment of an
African Union, with a view, to accelerating the process of integration in the
continent to enable Africa to play its rightful role in the global economy while
addressing multifaceted social, economic and political problems
compounded as they were by certain negative aspects of globalisation.

2.3. Structure
In structure, the OAU began as one entity, whereas the AU, integrating itself
with the African Economic Community and building other structures, consists
of: the Assembly (determines common policies); the Executive Council
(coordinates and makes decisions on common policies); the Pan-African
Parliament (implements policies); the Court of Justice (ensures compliance
with the law); the Commission (the secretariat); the Permanent
Representatives Committee (assists the Executive Council); the Specialized
Technical Committees (assist the Executive Council in substantive matters);
the Economic, Social and Cultural Council; the Peace and Security Council
(makes decisions on prevention, management and resolution of conflicts);
and the Financial Institutions (consisting of the African Central Bank, the
African Monetary Fund, and the African Investment Bank).
Pg. 10 Africa Business Directory - Ed. 2022

2.4. Verification
The AU mandated the Council of Ministers to take the necessary measures to
ensure the implementation of decisions and, in particular, to prepare the
constitutive legal text of the Union, taking into account the Charter of the OAU
and the Treaty Establishing the African Economic Community. Under the
Constitutive Act of the OAU, Article 9 mandates that the Assembly composed
of OAU Heads of States and Governments, as the supreme organ of the union,
with the power to monitor the implementation of policies and decisions of the
union as well to ensure compliance by all Member States.

2.5. Compliance
The non-implementation of regulations and directives from the assembly
shall attract appropriate sanctions.

2.6. ETIM mandate

The Department of Economic Development, Trade, Tourism, Industry and
Minerals core mandate is to support the AU in boosting intra-African trade,
fast track establishment of the Continental Free Trade Area (CFTA) and to
ensure Africa’s competitiveness in the global economy. It supports Africa’s
transformation by promoting diversification and modernisation of production
structures.

The Department’s core functions are to: ensure the formulation,

implementation and harmonisation of trade policies to promote inter- and
intra-African trade; ensure development of policies on tariffs, non-tariff
barriers and free movement of business people; liaise with relevant
stakeholders, such as chambers of commerce, industrial associations,
exporters, importers, non-governmental organisations and the Regional
Economic Communities (RECs), to ensure fair trade; provide support to AU
Member States in global trade negotiations; collect, analyse and monitor
data on global trends in trade and the impact on Africa.

The Department is also responsible for implementing initiatives such as

Accelerating Industrialisation of Africa (AIDA) and the Africa Mining Vision
(AMV), which promote transparency, social responsibility and tax compliance
in the extractive industry.
Pg. 11 Africa Business Directory - Ed. 2022

The Department has three divisions: Trade; Industry; and Customs

Cooperation.

2.7. Overview of AU Regions

The African Economic Community (AEC) was founded in 1991 by the African
Union to establish grounds for the development of a single African continental
economy, incorporating a free trade area, a single market and custom union,
one central bank and a common currency.

The pillars of the AEC are the “regional economic communities” or RECs.
Although having overlapping membership, today, the African Union
recognizes eight RECs. Additionally, African nations have developed a further
six regionally focused economic structures as well.

2.7.1. Central Africa

2.7.1.1. Economic Community of Central African States (ECCAS)
ECCAS is a regional body comprised of 10 member States, namely Angola,
Burundi, Cameroon, Central African Republic, Chad, Congo, DRC, Equatorial
Guinea, Gabon and Sao Tome and Principe. It was formed by the signing of
the Treaty in October 1983 and came into effect in December 1984. Its primary
objective is to promote member States’ economic and social development
and improving people’s living conditions. Article 4 of the Treaty outlined the
Community’s objectives as:

• Achieve collective autonomy

• Raise the standard of living of its population
• Maintain economic stability through harmonious cooperation

From 1992 to 1998, activities were suspended due to crisis within its member
States making its 4 priority fields even more important to follow. These are to:
develop capacities to maintain peace, security, and stability as essential
prerequisites for economic and social development; develop physical,
economic and monetary integration; develop a culture of human integration;
and establish an autonomous financing mechanism for ECCAS.

ECCAS’s supreme organ is the Conference of Heads of State or Government,

but is also supported by the Council of Ministers, General Secretariat, Court of
Justice, Technical specialised committees and Consultative Commission.
Pg. 12 Africa Business Directory - Ed. 2022

2.7.2. Eastern Africa

2.7.2.1. Common Market for Eastern and Southern Africa (COMESA)
Formed in 1993, COMESA is a regional trade agreement that evolved from the
Preferential Trade Agreement of 1978. COMESA exists to promote a free trade
region. Article 3 of the Treaty provides that the aims and objectives of COMESA
are to: attain sustainable growth and development of Member States;
promote joint development in all fields of economic activity; cooperate in the
creation of an enabling environment for foreign, cross-border and domestic
investment; promote peace, security and stability among the Member
States; and cooperate in strengthening relations between the Common
Market and the rest of the world.

COMESA’s 19 members States include Burundi, Comoros, DR Congo, Djibouti,

Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda,
Seychelles, Sudan, Swaziland, Uganda, Zambia, and Zimbabwe.

It is governed by its Heads of State and Government supported by the Council

of Ministers; 12 technical committees; a series of subsidiary bodies; Court of
Justice and the Secretariat. There are several sub-regional cooperation and
development organizations within COMESA.

2.7.2.2. East African Community (EAC)

The East African Community (EAC) is a regional intergovernmental
organization consisting of the six East African countries of Burundi, Kenya,
Rwanda, Uganda, Tanzania and South Sudan. The objectives of the
Community are to develop policies and programmes aimed at spearheading
the regional economic, social and political integration agenda and widening
and deepening cooperation among the Partner States in various key spheres
for their mutual benefit.

Its Treaty guides the works of the EAC. The Treaty for the Establishment of the
East African Community was signed in November 1999 and entered into force
in July 2000 following the conclusion of the process of its ratification by all
three original Partner States – Kenya, Tanzania, and Uganda. The regional
cooperation and integration envisaged in the EAC is broad based, as stated
in Article 5(1) of the Treaty: “The objectives of the Community shall be to
develop policies and programmes aimed at widening and deepening
Pg. 13 Africa Business Directory - Ed. 2022

cooperation among the Partner States in political, economic, social and

cultural fields, research and technology, defense, security and legal and
judicial affairs for their mutual benefit.”

The main Organs of the EAC are the Summit, the Council of Ministers, the Co-
ordinating Committee, the Sectoral Committees, the East African Court of
Justice, the East African Legislative Assembly and the Secretariat.

The Summit comprising of Heads of Government of Partner States gives

strategic direction towards the realization of the goal and objectives of the
Community. The Council of Ministers is the central decision-making and
governing Organ of the EAC.

The Coordinating Committee, responsible for regional cooperation and

coordination of sector-related activities. The Sectoral Committees,
responsible for conceptualizing programmes and monitoring their
implementation.

The East African Court of Justice (or simply, the Court) is the principal judicial
Organ of the Community and ensures adherence to the law in the
interpretation and application of compliance with the EAC Treaty. The East
African Legislative Assembly (EALA) is the Legislative Organ of the Community
and has a cardinal function to further EAC objectives, through its Legislative,
Representative and Oversight mandate.

The Secretariat, the executive organ responsible for initiating and

coordinating the harmonization of policies and strategies relating to the
development of the Community.

Kenya, Tanzania, and Uganda were founding Members of the EAC. Rwanda
and Burundi acceded to the EAC Treaty on 18 June 2007 and became full
Members of the Community on 1 July 2007. Both countries joined the EAC
Customs Union in July 2009. The Republic of South Sudan became the sixth
Member of the EAC on 15 August 2016, having acceded to the Treaty on 15 April
2016.

The East African Community is led by its long-term objective Vision 2050. The
EAC has set out to define a clear long-term vision that will inspire all
stakeholders towards a common development trajectory. The rationale for
the Vision 2050 is to provide a catalyst for the region to enhance
transformation for growth and development and move the community to a
Pg. 14 Africa Business Directory - Ed. 2022

higher income cohort and subsequently achieve an upper middle-income

status.

2.7.2.3. Intergovernmental Authority on Development (IGAD)

IGAD was established in 1996, as a successor to the International Authority on
Drought and Development (IGADD) which was established in 1986. The latter
was founded to address reoccurring droughts and other natural disasters
that caused hardship in the Eastern region from 1974 to 1984. The Authority’s
mandate increased to promote the greater regional political and economic
cooperation forming IGAD.

IGAD’s objectives are therefore promoting joint development strategies;

harmonizing member States’ policies; achieving regional food security;
initiating sustainable development of natural resources; promoting peace
and stability in the sub-region; and mobilizing resources for implementation
of programs within the framework of sub-regional cooperation.

IGAD’s 8 member states include Djibouti, Eritrea, Ethiopia, Kenya, Somalia,

South Sudan, Sudan, and Uganda. IGAD’s supreme organ is their Assembly of
Heads of State and Government, supported by the Council of Ministers, the
Committee of Ambassadors and Executive Secretariat.

2.7.3. Northern Africa

2.7.3.1. Arab Maghreb Union (AMU)
The MAGHREB Union was formed in 1988, the Algerian, Libyan, Mauritanian,
Moroccan, and Tunisian Heads of States met in Algiers to deliberate the
creation of the Arab Maghreb Union. The Arab Maghreb Union (AMU) was
founded in 1989 in Marrakech with the approval of the Treaty Instituting the
Arab Maghreb Union. At the Treaty approval, the member States agreed to
coordinate, harmonize and rationalize their policies and strategies to achieve
sustainable development in all sectors of human activities.

The Arab Maghreb Union has a GDP of US$425.7 billion and a population of 92
million. In addition to the Treaty forming AMU, the Marrakesh Summit adopted
the Solemn Declaration on the establishment of AMU and its work program.
The Arab Maghreb Union objectives were established to:
Pg. 15 Africa Business Directory - Ed. 2022

• Strengthen the ties of brotherhood which link the member States and
their peoples to one another;
• Achieving progress and prosperity of their societies and defending
their rights;
• Contributing to the preservation of peace based on justice and equity;
• Pursuing a common policy in different domains; and
• Working gradually towards achieving free movement of persons and
transfer of services, goods, and capital among them.

2.7.3.2. Community of Sahel-saharan States (CEN-SAD)

CEN-SAD was established in 1998 through the instigation of Brother Colonel
Kaddafi, leader of the Great Al Fateh Revolution. Article 1 of the Treaty
establishing the Community provides that the aims and objectives of CEN–
SAD are to:

• Establish a comprehensive economic union with a particular focus in

the agricultural, industrial, social, cultural and energy fields
• Adopt measures to promote free movement of individuals and capital
• Promote measures to encourage foreign trade, transportation and
telecommunications among Member States
• Promote measures to coordinate educational systems
• Promote cooperation in cultural, scientific and technical fields.

CEN-SAD’s member States comprise 29 of the 54 countries of Africa, which

include Benin, Burkina Faso, Cabo Verde, Central African Republic, Chad,
Comoros, Côte d’Ivoire, Djibouti, Egypt, Eritrea, Gambia, Ghana, Guinea,
Guinea Bissau, Kenya, Liberia, Libya, Mali, Mauritania, Morocco, Niger, Nigeria,
São Tomé and Príncipe, Senegal, Sierra Leone, Somalia, Sudan, Togo and
Tunisia.

CEN-SAD is an observer at the UN, and holds many partnership agreements

with many regional and international organizations with the aim of promoting
common and shared action in political, cultural economic, and social fields.
CEN-SAD is governed by its Conference of Heads of State and Government
and supported by its Executive Council; Special Ministerial Councils; General
Secretariat; Economic, Social and Cultural Council; and Sahel-Saharan
Investment Bank.
Pg. 16 Africa Business Directory - Ed. 2022

2.7.4. Southern Africa

2.7.4.1. Southern African Development Community (SADC)
The Southern African Development Community (SADC) has been in existence
since 1980, when it was formed as a loose alliance of nine majority-ruled
states in Southern Africa known as the Southern African Development
Coordination Conference (SADCC), with the main aim of coordinating
development projects in order to lessen economic dependence on the then
apartheid South Africa. SADC’s legal status is that of an international
organization which has the legal capacity and power to “enter into contract,
acquire, own, dispose of movable or immovable property and to sue and be
sued” (Art. 3(1) of the SADC Treaty). As an international organization it has
conventional organs such as the Summit of Heads of State or Government,
the Organ on Politics, Defense and Security Cooperation, the Council of
Ministers, the Integrated Committee of Ministers, the Standing Committee of
Officials, the Secretariat, the Tribunal, and SADC National Committees.

The SADC has 16 member states that include Angola, Botswana, the
Democratic Republic of the Congo (DRC), Lesotho, Madagascar (that was
suspended in March 2009 after a coup d’état), Malawi, Mozambique,
Mauritius, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia and
Zimbabwe. The 38th Ordinary SADC Summit in August 2018 noted that the
Union of Comoros has deposited its Instrument of Accession, becoming the
16th full Member of SADC.

The main policy making organ is the Summit of Heads of State or Government.
The policies are implemented through decisions adopted by the Council of
Ministers. Since its inception, SADC has constantly engaged in developing
policies and strategies in the different areas of regional cooperation and
integration, aimed at achieving the objectives contained in its Common
Agenda (Article 5 of the Treaty). These strategies and policies have been
consolidated into sectoral strategy papers, Memoranda of Understanding
(MOUs) and Protocols, which are key to the process of Community building.

The SADC Treaty, signed in August 1992 and amended in 2001, 2007, 2008 and
2009, is the constitutive document establishing SADC and the framework from
which all subsequent instruments are derived. It sets out the main objectives
of SADC – to achieve development and economic growth, alleviate poverty,
enhance the standard and quality of life of the peoples of Southern Africa and
support the socially disadvantaged through regional integration. All the
Pg. 17 Africa Business Directory - Ed. 2022

Protocols, Memoranda of Understanding, Charters and Declarations are

subordinate to the Treaty, and derive their legitimacy from the Treaty.

With the independence of Namibia in 1990 and the end of apartheid in South
Africa in 1994, SACU members embarked on new negotiations in November
1994, which culminated in a new SACU Agreement in 2002. The SACU
Agreement, 2002 addressed the following three outstanding issues:

• Joint decision-making processes

• New Revenue Sharing Formula
• Question of external (outside SACU) trade

2.7.5. Western Africa

2.7.5.1. Economic Community of West African States (ECOWAS)
The evolution of the ECOWAS Commission cannot be separated from the
conscious attempt to ensure that the affairs of ECOWAS are administered to
the best interest of the citizens of West Africa. The Commission was
established in 1975 via the Treaty of Lagos. There are 15 countries that are part
of ECOWAS. These counties are Benin, Burkina Faso, Cabo Verde, Cote d’Ivoire,
The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria,
Senegal, Sierra Leone, and Togo.

By subscribing to the vision of the founding fathers of ECOWAS, it can be said

that today’s leaders of the community have taken ownership of the grand
objectives designed to improve the living conditions of the citizenry, ensure
economic growth and create an environment conducive for true
development and integration.

ECOWAS established its free trade area in 1990 and adopted a common
external tariff in January 2015.The aims of the Community are to promote co-
operation and integration, leading to the establishment of an economic union
in West Africa in order to raise the living standards of its peoples, and to
maintain and enhance economic stability, foster relations-among Member
States and contribute to the progress and development of the African
Continent.

In 2000, ECOWAS members formed the West African Monetary Zone (WAMZ)
aiming to establish a strong stable currency, “eco”, to rival the CFA franc,
whose exchange rate is tied to that of the euro and is guaranteed by the
French Treasury. In 2020 the eventual goal is for the Eco to become West and
Pg. 18 Africa Business Directory - Ed. 2022

Central Africa’s a single stable currency. The launch of the new currency is
being prepared by the West African Monetary Institute based in Accra, Ghana.
This is intended to be the forerunner of a common central bank.
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Pg. 20 Africa Business Directory - Ed. 2022

CHAPTER 03: AFRICA, THE PLACE TO DO

BUSINESS
3.1. Economy in Brief
As the world’s second-largest continent with 30 million km2 of land, Africa is
fast emerging as a significant business destination as well. With a population
of 1.333 billion people and a GDP of US$2.58 trillion (US$1,970 per capita GDP)
in 2020, Africa has become the world’s 6th fastest-growing continent with
average GDP growth in 2020 of 3.7%.

The World Bank’s 2019 online Africa Overview noted that four of the fastest-
growing economies in Africa are in the top 10 fastest growing in the world. The
fastest-growing African nations include (GDP growth in brackets): Cote
d’Ivoire (7.0%); Ethiopia (8.2%); Ghana (7.3%); Rwanda (7.8%); Tanzania (6.3%).
Beyond the top 10 fastest growing economies in the world, Senegal (6.3%)
features within the top 20 fastest-growing nations.

3.2. Natural Resources

Endowed with tremendous natural resources, Africa has a large youthful
population and an open business climate in addition to its vast mineral
resources. Gold is the continent’s leading mining resource. However, Africa
also ranks 1st or 2nd in global reserves in zinc, steel, graphite, platinum-group
metals, vermiculite, and zirconium. Africa also has more than a quarter of the
world’s remaining arable land.

As 40% of the continent’s export earnings come from natural resource exports,
Africa has benefitted from a period of unprecedented global demand,
particularly from the Asian countries of India and China. 30% of the world’s
mineral resources come from the African continent.

3.3. Consumer Growth

Over the next 30 years, the African region’s population is expected to more
than double to 2.4 billion inhabitants. Thus, in 2050, when the world’s
population will have grown from 7.1 billion to 9.7 billion, Africa’s population will
be nearly as large as that of India (which with a population of 1.6 billion will be
Pg. 21 Africa Business Directory - Ed. 2022

the largest country in the world) and China(with a projected population of 1.3
billion).

The continent’s economic growth has also been fueled by internal consumer
growth from its fast urbanizing and expanding middle class. By 2030, when
the Continental Free Trade Area is fully implemented, as many as 1.7 billion
Africans will be integrated into the consumer goods market. As a result, in
addition to natural resources, banking, telecommunications, and
infrastructure expenditures have emerged as key drivers of the African
aggregate economy. The growth rate of these sectors is rising significantly
faster in Africa than in the world as a whole.

The trend is toward urbanization and the growing continental population.

Currently, Africa has 44 cities that have a population of more than a million
inhabitants.

Indeed, U.N. projections forecast that by 2030, there will be 759.4 million
African urban dwellers – more than today’s total number of city dwellers in
the entire Western hemisphere. By 2050, there will be more than 1.2 billion
African city dwellers, or more people living in African cities than the combined
urban and rural populations of the Western hemisphere.

Lastly, as a result of improved healthcare availability, declining mortality

rates, and continued high birth rates, Africa’s population is growing.
Furthermore, while civil unrest and terrorist attacks in the Sahel and Horn of
Africa regions still often capture global media headlines, over the past
decade, Africa has also enjoyed a period of unprecedented relative peace
and stability. With increasingly stable and democratic political environments,
Africa is also growing free and functioning economic markets. Furthermore,
notwithstanding the scourge of the Ebola virus, overall healthcare in Africa
and indicators relating to perennial challenges on the continent associated
with HIV/AIDs, malaria, and tuberculosis, as well as infant mortality, have all
been improving.

3.4. Ease of Doing Business

The ease with which one can conduct business on the continent has had a
significant impact on the number of companies launched in recent years. It
is not by coincidence that the three countries with the most newly registered
businesses on the continent. Nigeria, South Africa and Kenya are also three of
Pg. 22 Africa Business Directory - Ed. 2022

the leading regional economic centers in West Africa (first with 70,000
business launched annually); Southern Africa (second with 70,000 business
launched annually); and East Africa (third with 22,000 business launched
annually).

In addition to the growing entrepreneurship and new business formation in

Africa, demographically, the continent has one of the most youthful
populations and a growing labor pool that has encouraged both new
business start-ups and expanded investment. Young people in Africa aged 15
to 25 represent more than 60 percent of the continent’s total population and
45% of its overall labor force. By 2040, it is estimated that the continent’s labor
force will be 1 billion strong by 2040.

It is also important to note that Africa’s economic growth has accelerated

because of improving overall governance. Over the past decade, an
increasing number of policy and regulatory reforms have made it easier to
do business.

3.5. Growing Foreign Direct Investment

The developments in Africa over the past decade have led to unprecedented
foreign direct investment and encouraged unique intra-regional investment
as well. In this regard, the United States, UK, France, China, and South Africa
have emerged as the leading foreign investors in Africa among the top 15
investors overall. It is noteworthy that South Africa (number five leading
investors overall), Kenya (number 11 overall), and Nigeria (number 14 overall)
have also become prominent investors on the continent.

It is hoped that the signing of the African Continental Free Trade Agreement
(AfCFTA) will increase intra-regional trade from the current 18% to 60%.
Pg. 23 Africa Business Directory - Ed. 2022
Pg. 24 Africa Business Directory - Ed. 2022

CHAPTER 04: MAIN INDUSTRIES

4.1. Agribusiness
Africa’s economies have mostly been agrarian-based societies since
independence. Despite this fact, only 6% of the continent’s land is arable as
there are large deserts in North and Southern Africa. Agriculture contributes
two-thirds of the continent’s employment and accounts for 30% of the value
of its exports.

4.1.1. Industry Overall State

Agribusiness in Africa is a chief priority for development because
notwithstanding the significant advancements that have been made across
the continent in the area of food processing, agriculture in Africa has primarily
been restricted to subsistence farming. Although in Southern Africa
commercial farms have been established in Zambia, Zimbabwe and South
Africa, in most parts of Africa inefficient farming techniques such as slash-
and-burn and crop shifting technologies are still predominantly employed.

The communal landholding structures of many communities in Africa also

have precluded the aggregation of land for the development of more
technology-intensive, higher yield producing farms. Furthermore, without
land tenure, very little investment in improved technologies has been made.
Many nations on the continent have pursued strategies to increase crop
yields amongst smallholder farmers by introducing different varieties of
planting materials and seeds, increasing the use of insecticides and
mineralized fertilizers and promoting mechanization (tillers, tractors, etc.).
However, for a variety of reasons (limited initiative because of the relative lack
of capital in most countries, inadequate resources to sustain initiatives after
they have commenced, lack of maintenance training and support,
inconsistent water supply where irrigation systems are not established) these
initiatives have not always yielded the intended results. As such, in the areas
of small-hold cultivation, where draft power could be used for the spraying of
natural or chemical fertilizer or for plowing, in Africa, this is predominantly
done by hand.
Pg. 25 Africa Business Directory - Ed. 2022

Animal husbandry is also a very important activity across Africa, but the
maximization of using animals to farm is thwarted by the fact that historically
cultivating communities in Africa (Kikuyu in Kenya, Hausa in Nigeria) have not
lived alongside herdsman (Masai in Kenya, Fulani in Nigeria).

Important agribusiness/ agriculture countries in Africa from the standpoint of

the production of export-oriented products include: South Africa (wheat and
grains, fruits, beef, beverages), Zimbabwe (tobacco, vegetables), Ghana
(cocoa, coffee, rubber), Cote d’Ivoire (cocoa, coffee, rubber), Kenya (tea,
coffee, silk, cotton), Uganda (tea, coffee, cut flowers), Madagascar (spices),
Mauritius (sugar), Mali (cotton), Egypt (cotton), Namibia (cattle); Botswana
(cattle) and Tanzania (tea, coffee)

In terms of local production relative to agriculture and agribusiness activity,

Africa produces the big four: grains, corn, wheat and rice in abundance in
concentrated regions. Corn is the most widely produced product, being
grown in almost all regions of the continent. Egypt and Mauritius are the two
countries known to produce the highest yields per acre.

Rice has become a major staple in Africa’s urban areas, and as such demand
and production have also risen significantly over the past decade. Millet and
sorghum are also produced but principally in the savanna region. Rice
production and consumption have become increasingly important and are
associated with areas of rapid urbanization. The most important rice-
producing countries are located predominantly in West Africa – Cote d’Ivoire,
Liberia, Guinea, Liberia, Mali, Nigeria, Senegal, and Sierra Leone. In other parts
of Africa, Egypt, Madagascar, and Tanzania are also important rice producers.

Wheat production has spread across the savanna region of Africa, including
parts of northern Nigeria, and is most actively produced in Southern
(particularly South Africa) and North Africa and upcountry in Kenya and
Ethiopia in Eastern Africa.

4.1.2. Fruits and Vegetables

Bananas, pineapples, dates, figs, olives, citrus fruits, onions, tomatoes grow in
most of the tropical belt that straddles the equator. Key fruit production
countries include: Angola, Congo, Cote d’Ivoire, Kenya, Somalia, South Africa,
Tanzania, and Uganda. Dates, figs and olives are predominantly found in
Mediterranean-esque climates such as Libya, Tunisia, Sudan and Egypt.
Pg. 26 Africa Business Directory - Ed. 2022

Citrus production is greatest along the northern coastal regions in North

Africa.

4.1.3. Cassava, Potatoes, Yams, Plantain

These crops are primarily grown in West Africa but are also found (primarily
for consumption purposes in countries such as the Democratic Republic of
Congo, Kenya, Madagascar and Ethiopia. In the more moderate climates of
North Africa and Southern Africa, tubers are also being grown. Plantain is a
popular staple crop produced in the tropical regions of Central and West
Africa.

4.1.4. Cocoa and Coffee

Cocoa is produced primarily in tropical West Africa, particularly Cote d’Ivoire,
Ghana, Cameroon and Nigeria produce high volumes of the crop. Coffee is
also grown in the Central and East African highlands: Cameroon, Congo, Cote
d’Ivoire, Kenya, Madagascar, Tanzania, Rwanda, Uganda, Malawi, and
Zimbabwe.

4.1.5. Cotton, Sisal and Kenaf

Fibre products are also important commodities produced for textile
manufacturing throughout the continent. Cotton is produced in Mali, Egypt,
Zimbabwe, and Sudan. Sisal is used for making string and rope and produced
in large quantities in Angola, Kenya, Madagascar, South Africa and Tanzania.
Kenaf is an excellent fibre from a tree which produces a fibre that can be used
to make paper.

4.1.6. Cashews, Coconuts, Kola Nuts, Pam Nuts

Cashews are produced along the coast of West Africa and in various regions
of East Africa, particularly in Cote d’Ivoire, Guinea Bissau, Mozambique, and
Tanzania. Coconuts are produced primarily in the Comoros, Cote d’Ivoire and
Ghana. Kola Nuts are primarily grown in West Africa, in Ghana, Nigeria, Cote
d’Ivoire, Liberia and Sierra Leone. Palm Nuts are widely produced in the
tropical region. The nuts are processed to make oil. Large palm plantations
exist in Cote d’Ivoire, Congo and Nigeria.
Pg. 27 Africa Business Directory - Ed. 2022

4.1.7. Sugar Cane and Rubber

Sugar Cane is grown in many countries across Africa. The leading countries
in the commodity are Egypt, South Africa, Mauritius, and Sudan. Rubber is
found in a smaller range of countries but predominantly in Liberia and Nigeria.

4.1.8. Cattle, Goats, Ostrich, Poultry and Sheep

Livestock in Africa is predominantly comprised of cattle, goat, sheep, and
poultry. Cattle are primarily raised for their meat and milk, while sheep are
raised in Northern and Southern Africa for their wool. South Africa in
aggregate produces more than 50% of the continent’s wool.

4.1.9. Poultry
Poultry production exists almost everywhere on the African continent,
although Ethiopia, Morocco, Nigeria, South Africa and Sudan are countries
with the greatest level of activity. Namibia, South Africa, Botswana and
Zimbabwe have a growing contingent of ostrich farmers.

4.1.10. Fish
Africa has abundant oceanic and freshwater resources. The continent has
significant inland waterways and 38 of the continent’s 55 countries have
access to the ocean. Fishing is a very important activity all over Africa.
Commercial fishing on the continent’s oceans is however not practiced
universally. Key countries where fishing forms a prominent part of economic
activity include Angola, Ghana, Morocco, Namibia, Nigeria and Senegal.
Countries with well-developed inland fisheries include Chad, Cote d’Ivoire,
Mali, Malawi, and Uganda.

4.1.11. Relevance of the industry

To stimulate increased value-added production and improvement in the
technologies employed in Africa, institutions such as the World Bank and
African Development Bank have been introducing the concept of ‘Agro-food
Systems Development’ in a number of countries in Sub-Saharan Africa.
Pg. 28 Africa Business Directory - Ed. 2022

The estimation is that the agribusiness sector (value-added processing of

agricultural inputs) in Africa, even at its current, relatively low level, is worth
50% of the overall manufacturing sector in Africa, or 20% of Sub-Saharan
Africa’s GDP.

The primary aim of Agro-food Systems Development focuses on the farm

auxiliary services. This addresses two main challenges which impede the
growth of agriculture on the continent, namely a) the lack of growth in the
areas of market access, market development, sector investment and
processing capacity, and b) the need for increased productivity via
technology transfer, greater access to inputs, research and information.

Given the strong need for food security, job creation, and optimal land
utilization, it is forecast that the focus on improving agricultural techniques
/technology and agribusiness development plans over the medium to long
term can assist with this. Also, by the year 2030. It is estimated that the African
agricultural sector will be worth US$1 trillion.

In support of this effort, the African Union Development Agency – NEPAD

launched the Comprehensive Africa Agriculture Development Programme
(CAADP). The CAADP was formed in 2003 and was established to address four
key issues: 1) land and water management, 2) infrastructure and market
access, 3) food supply and hunger reduction; and 4) agricultural research
and technology dissemination and adoption. Important partners and
stakeholders in the implementation of the CAADP initiative include: the United
Nations’ FAO, the World Bank, AfDB, International Fund for Agricultural
Development, and the World Food Programme.

4.1.12. Industry Leaders

With its mature commercial farming value chains, deep agribusiness sector,
and strong export orientation, South Africa ranks among the continent’s top
food producers. Cote d’Ivoire’s place among Africa’s top agribusiness nations
stems from its dynamic plantation sectors, including cocoa, coffee, and
rubber production. The country accounts for 41% of global cocoa bean
production, which is estimated at USD 9.94 billion in 2018. Consolidation,
aggregation, and value addition through cooperatives (such as the
Githunguri Dairy in Kenya that serves close to 40,000 farmers in East Africa)
has helped position Kenya among the top agribusiness leaders on the
continent.
Pg. 29 Africa Business Directory - Ed. 2022

4.2. Automotive
Africa continues to position itself as a vehicle OEM and vehicle component
assembly platform for the global automobile industry. Despite a low
motorization rate on the continent of only 44 vehicles per 1 000 inhabitants,
the sector has significant potential. The global average in terms of
motorization rate is 180 vehicles per 1 000 inhabitants, and Africa’s rate
remains lower than other developing regions such as Latin America (176) and
Developing Asia, Oceania and the Middle East (79). By 2015, approximately
1.55 million new vehicles were sold or registered across Africa. South Africa,
Egypt, Algeria, and Morocco – all countries with established and rapidly
developing automotive industries – together accounted for more than 80% of
total new vehicle sales in 2015. Based on recent sales trends, some sources
estimate that Africa’s passenger vehicle sales could reach up to 10 million
units per annum within the next 15 years.

4.2.1. Industry Overall State

Between 2005 and 2015, registrations and sales of new vehicles (passenger
and commercial combined) increased by a compound annual growth rate
(CAGR) of 3.6% on the continent. While coming from a low base and although
slightly higher than the global average of 3.5%, total sales growth in Africa was
significantly slower than other emerging regions such as Asia and the Middle
East (8.9%), and Latin America (4.2%). Both the lower motorization rate to date
and new vehicle sales and registrations reflect the still relatively low
purchasing power of African consumers relative to their emerging market
peers.

4.2.2. Evolution Trend

Based on market research, there is significant potential in the used vehicle
segment of the automobile market. In countries such as Ethiopia, Kenya,
Nigeria at least 8 out of 10 imported vehicles are used vehicles. This is a
common trend across the region given that Africa imports four times more
automotive products than it exports. Recent figures show that Africa’s
automotive imports are worth about US$48 billion; while exports are worth
only US$11 billion. Key sources of used vehicles are the United States (US),
Pg. 30 Africa Business Directory - Ed. 2022

Europe and Japan. The Middle East serves as a notable transit route for
vehicles into East Africa.

South Africa dominates automotive trade on the continent, accounting for

three-quarters of Africa’s automotive exports and 15% of imports. These
figures are inclusive of commercial and passenger vehicles and exclude
motorbikes.

In Africa, Kenya, South Africa, Egypt, Morocco, and Algeria have sizeable
automotive assembly and manufacturing sectors. Domestic vehicle
production and assembly may have substantial multiplier effects for African
economies and could act as a driver for industrialization and economic
diversification. This has positioned the automotive industry as an attractive
option for policymakers as it can boost local manufacturing, reduce
unemployment as well as diversify export revenue sources.

4.2.3. Industry Leaders

Roughly 85% of new cars sold in Africa are purchased in South Africa and
seventeen of the major global automotive and truck manufacturers have
production facilities in South Africa. This places South Africa at the top of the
list. Egypt is the second largest automotive market in Africa and produces
over 70,000 automobiles per year. Nigeria has established a ten-year duty
exemption and tax holiday for any OEM that sets up a local assembly plant in
Nigeria.

4.3. Aviation
Africa comprises 2.2% of the global market in terms of Revenue Passenger
Kilometers (RPK). According to Boeing’s recent Market Outlook, to service the
continent over the next 20 years, 1190 new aircraft with an expected value of
$170 billion will be needed.

4.3.1. Industry Overall State

This bodes well for the continent although there are aspects of Africa’s
aviation industry that are challenging. The overall state of air travel and
aircraft finance on the continent remains positive, with many carriers
managing to weather the political and economic storms of the past few years
Pg. 31 Africa Business Directory - Ed. 2022

very well – despite the poor general economic performances of the two
biggest economies, South Africa and Nigeria.

4.3.2. African Aviation Giant

Ethiopian Airlines is Africa’s biggest airline and one of the few turning a profit
on the continent. In the financial year 2017/2018, Ethiopian Airlines made
profits of $245m (£187m) and carried 10.6 million people. Founded in 1945, the
airline has made strides in the aviation industry and is the 4th largest in the
world in terms of destinations serviced. Beyond its operations, the airline has
also been helping other African national carriers. It revived and owns a 49%
stake in Malawi Airlines and a 45% stake in Zambia Airways and has
announced plans to help re-launch a new airline in Mozambique. It is also in
talks to establish smaller regional bases in Djibouti, Chad, and Equatorial
Guinea. It already operates hubs in Malawi and Togo.

4.3.3. Context-related Challenges

At the time of writing, the former number one African airline, South African
Airways (SAA) is under business rescue. The country continues to battle with
SAA, the country’s national carrier, as one of its poorly functioning State-
owned Enterprises.

Despite economic challenges, overall, Africa’s various domestic carriers exist

in a robust, well-functioning market. This is particularly true for low-cost
airlines which have enjoyed steady annual passenger growth of around 4%.

4.3.4. Industry’ Future

The future of Africa’s airlines lies in maintaining a load factor of well above
80%. It is important to note that growth figures are not universal across the
continent. In North Africa, passenger growth figures are even better, with an
average annual increase in passenger demand of over 5.75% year-on-year
as of the end of 2018. Overall capacity growth of airlines has increased by
approximately 3.9%. This is a strong signal regarding the improving efficiency
levels being achieved by many of the carriers on the continent, and it is
supported by a 1.2% increase in the load factor on African routes.
Pg. 32 Africa Business Directory - Ed. 2022

A key factor in the growth of the aviation industry on the continent is that
Africa is becoming an increasingly appealing investment destination. As the
population grows and the continent’s middle class expands, continental and
global investors are increasing their trip frequency to explore opportunities.
Aviation is due to be a huge beneficiary of Africa’s population and economic
growth.

4.3.5. Industry Leaders

Ethiopian Airlines carried more than 13 million passengers in 2019, helping
propel Ethiopia to a leading nation in Africa’s aviation industry and the world.
South Africa’s place among African nations leading in aviation is due to the
fact that 21 airlines call on the nation’s international hub, O.R. Tambo
International Airport. However, at the time of writing its national carrier is
under business rescue. With 66 planes in the fleet flying to 73 global
destinations, EgyptAir is the second-largest airline on the African continent.

4.4. Banking & Financial Services

Identifying sources of finance for projects in Africa has long been a challenge
for both Africa based enterprises and those interested in doing business with
the continent. Today, however, there is unprecedented capital available for
transactions in Africa and a growing number of financial institutions
emerging in a wide variety of areas (venture capital specialists, lease
financing specialists, bond financing specialists, corporate financiers, capital
markets specialists, merchant financiers, infrastructure finance specialists,
and traditional asset-based financiers).

4.4.1. Industry Overall State

Just as the continent has overall commercial centres and regional engines of
economic growth, it also has regional financial centres where institutions
have clustered with an aim toward providing capital for projects not just in
the host country but within each region. Today, Johannesburg, South Africa is
Africa’s leading financial centre where four of the continent’s largest banks
(Nedbank, ABSA, Standard Bank and First National Bank) are headquartered.
In addition to these institutions, Johannesburg has also attracted a variety of
global financial players who have made South Africa their regional base for
Pg. 33 Africa Business Directory - Ed. 2022

expansion on the continent. Among these institutions are global banking

giants such as HSBC, Citigroup, Deutsche Bank, Barclays Bank, Standard
Chartered, JP Morgan, Morgan Stanley and Discovery Bank.

4.4.2. Participation of Foreign Banks

The African banking system has also benefited from the growing presence
and participation of foreign banks across the continent, including Pan African
Banks such as Ecobank and Bank of Africa that have expanded beyond their
parent countries. Ecobank currently operates in 36 countries across the
continent, particularly in Western and Central Africa, while Bank of Africa
Group has activities in about 14 African countries. A key outcome of the wave
of banking reforms and consolidations that swept across the continent in the
1990s is the increasing presence of foreign banks. They have helped bolster
competitive pressure in the industry and allowed global banking innovations,
good practices, and good corporate governance ethos to be adopted by
domestic banks.

Evidence suggests that the presence of larger foreign banks is usually

associated with greater access to finance for small and medium scale
enterprises. However, unfair competition can arise in cases where foreign
banks disproportionally dominate the banking industry in terms of assets and
branches. Foreign banks with the capacity to obtain both hard and soft
information about borrowers and businesses can embark on anticompetitive
schemes while worsening the remaining credit pool for small domestic banks.
This can have an overall negative effect on small businesses and mitigate the
positive effect of foreign bank entry experience.

4.4.3. Sub-Saharan Africa’s Banking Environment

Sub-Saharan Africa’s banking environment is as competitive as those in Latin
America and the Caribbean and not far from the competitive environment
that exists in high-income OECD countries. Within the sub-regions, West
Africa’s banking environment is much more competitive than that of other
regions including North Africa. This is partly due to the relatively more
competitive environment in the Nigerian banking sector.
Pg. 34 Africa Business Directory - Ed. 2022

North and East Africa have higher Lerner indices. This signals lower
competitive banking environments as compared to other African regions.
Foreign banks in those regions also have the least share of total banking
assets (24% and 58% respectively) and the lowest degree of asset
concentration among the top 5 banks (78%). However, Southern Africa is a
market with significantly less competition than other African regions. This is
due to high asset concentration among the top 5 banks (90%) and the
relatively large asset ownership of foreign banks (66%) making it harder to
conclude whether foreign presence increases or decreases competition in
the banking sector across the continent.

4.4.4. The Insurance Industry in Africa

The insurance industry in Africa represents less than 1% of insured catastrophe
losses worldwide, although it’s home to almost 17% of the global population.
However, despite the low levels of insurance uptake, there continues to be
increased interest and focus from major international brokers, insurers, and
reinsurers. In 2017, the value of insurance premiums in Africa amounted to
almost $USD 45 billion.

Low insurance uptake in Africa can be attributed to low-income levels. In the

mid to late 2010s, South Africa dominated the non-life insurance industry in
Africa, while Morocco was responsible for about 23% of the life insurance
market on the continent.

Major Western insurance firms have more recently begun to especially pay
attention to the increasingly attractive Sub-Saharan African insurance
industry.

In recent years, Zambia, Nigeria, Ghana, and Uganda recorded some of the
highest growth rates within the insurance industry in Sub-Saharan Africa.

4.4.5. Industry Leaders

Despite a volatile Rand, downgraded status and a sluggish economy, South
African Banks remain among Africa’s most vibrant. Five of the top ten banks
in Africa are based in South Africa. At USD45 billion in Net international
reserves, Egypt has the fourth largest external account of African nations. This
Pg. 35 Africa Business Directory - Ed. 2022

fact coupled with the strength of its banks demonstrate Egypt’s leadership in
this critical sector. With 26 million registered users, mobile money is a huge
contributor to Kenya’s role as an industry leader in Banking and Financial
Services.

4.5. Broadcast Media

Historically, Africa has been a continent that has had its images shaped
externally. The perception of Africa as “the Dark Continent” and a land
ravaged by epidemics, war, strife, hunger, poverty, natural catastrophes, and
disease has been fairly consistently put forth by media sources from outside
the continent. These dated images of the continent have been perpetuated
and spread to all corners of the world by strong globally positioned media
channels.

4.5.1. Industry Overall State

Since the adoption and promotion of the African Union’s “New Partnership for
Africa’s Development” (NEPAD) when it was launched in 2003, this perception
has changed to some degree. There is a growing recognition amongst
Africa’s political and corporate leadership that Africa needs to be able to tell
its own story and establish its image on the continent and globally. There is a
growing need to put a positive face on news coming from the continent. This
realization has helped fuel an explosion of activity in Africa in the broadcast
media industry.

4.5.2. Industry Main Challenges

The two primary challenges of broadcast networks in Africa today are the
expense of premium programming content and selling advertising space,
which at times is best done by pushing some marketing decisions down to
local and regional offices. Free-to-Air networks that generate low revenue
have a low advertising-to-sale ratio making it difficult to procure
programming that would be attractive to each advertiser.

The legacy of the early free-to-air and sometimes paid networks paved the
way for the formation of several private television stations to launch. Today
the African television market is primarily divided between English speaking (or
Anglophone Africa) and French-speaking (or Francophone Africa).
Pg. 36 Africa Business Directory - Ed. 2022

4.5.3. Africa’ Main Markets

The main markets in Africa for television are South Africa with about 5.8 million
households with television sets (2016); Nigeria with 10.3 million households
with television sets (2018); Cote d”Ivoire with 1.5 million households with
television sets (2018); and Kenya 1.4 million households with television sets
(2018).

The South African Broadcasting Corporation fuels what is arguably Africa’s

largest content source for television programming. A US billion-dollar
corporation, SABC offers three channels and the continents’ only pan-African
news channel, SABC News. Other key national television broadcasters include
the Nigerian Broadcast Corporation, the Kenyan Broadcast Corporation, and
the Egyptian Radio and Television Union (ERTU). ERTU was able to establish the
continent’s first locally geostationary satellite Nile site.

4.5.4. Evolution Trend

Today, there are two main pan-African focused networks in Africa, South
Africa’s pay television channel bouquet, Multichoice (Dstv), and the French
government-owned free-to-air Canal France International.

Multichoice is by far Africa’s largest privately-owned media group, which was

founded as a publishing house in 1915. The African business is operated
through Multichoice Africa (Propriety) Limited and Multichoice Subscriber
Management Services (Propriety) Limited (collectively “Multichoice South
Africa”), and Multichoice Africa Limited (“Multichoice Africa”), each an indirect
wholly-owned subsidiary of Naspers Limited.

Multichoice provides pay television and subscriber management services in

48 countries throughout Africa and the adjacent Indian Ocean islands. The
group has ownership interests through Multichoice South Africa and
Multichoice Africa in subsidiaries and joint ventures operating in Kenya,
Ghana, Uganda, Nigeria, Tanzania, Mozambique, Zambia, Namibia, and
Botswana. In many other African countries, Multichoice operates through
agents or franchisees.

The agents and franchisees conduct marketing and advertising activities to

build Multichoice Africa’s subscriber base and collect subscription revenues
on behalf of Multichoice Africa. They retain a portion of the subscription
Pg. 37 Africa Business Directory - Ed. 2022

revenues they collect as compensation for their services and remit the
balances to Multichoice.

The pay- television service consists of terrestrial analog networks as well as

direct-to-home digital satellite television (“DStv”) bouquets on three
separate satellites: Eutelsat W4 KU-band, PAS 10C-band, and PAS 7 KU-band.

Multichoice Africa’s analog features various bouquets that transmit a

customized M-Net and SuperSport channels, offering exclusive movies, tv
shows, and sports. Multichoice Africa uses Irdeto Access encryption and set-
top box technology for both its analog and digital platforms. The company
delivers analog and digital services terrestrially to Sub-Saharan Africa. This is
done by transmitting its programming signal by satellite to local receiving
stations in countries.

4.5.5. Industry Partnerships

Established in May 1989 by the French government, Canal France
International (CFI) was created to serve as a programme repository for
emerging markets-specifically national channels in Africa, the Maghreb, the
Middle East, Haiti, Central, and East Asia. In the mid-1990s, CFI regionalized
programming for Africa under the banner CFI Pro Afrique. CFI Pro Afrique
provides its partners with 80% free programmes (primarily French-language
content although some African productions are broadcast in French and
English) and daily news in French (and some English), 20% of the
programming is offered on a barter system. On average CFI offers 237 hours
of programming per month.

Through its partnership agreements, CFI Pro Afrique provides daily

programmes from Paris, France from its digital control room via an Intelsat
Satellite, a New Skies Satellite and a Eutelsat satellite accompanied with the
CFI-Tanderberg decoder, a standard TT1200, or a Humax F1VACI
semiprofessional decoder with a Viaccess module.

A key partner in Africa of CFI is Senegal based, Pan-African Union of National

Radio and Television Organizations of Africa (URTNA). The Union established
a non-commercial television programme exchange service, whose primary
success has been in the area of live transmission by satellite of international
sporting events, often brokered by CFI, in the 1980s and 1990s. Among
Francophone broadcasters, URTNA has also had success in promoting the
Pg. 38 Africa Business Directory - Ed. 2022

exchange of documentaries, music programmes and sport-related

programmes.

4.5.6. Broadcasting Technologies

In the early 2000s, two new digital television platforms were launched in
Nigeria to compete with DStv. These are Frontage Satellite TV (FSTV) and the
other TrendTV. Since 2010, new competitors have emerged as competition for
DStv, these include Netflix, Open View HD, Amazon Prime, Youtube, StarSat,
Startimes tv and until recently Kwese TV. It is estimated that Africa will have
47 million pay-tv subscribers by 2025.

On the continent Pay-DTT (direct terrestrial television) overtook DTH (direct-

to-home) in terms of subscribers in 2012, becoming the leading multi-
channel platform, as the service is positioned as a more affordable
alternative to DTH with the lowest ARPU (Average Revenue Per User) among
all multi-channel platforms, estimated at $6.39 in 2017. At the end-2017,
Kagan, a research group within S&P Global Market Intelligence, estimated 60%
of Nigeria’s TV homes subscribed to pay DTT services, while DTH had a 34.8%
share, with the remainder attributable to fixed wireless services. Growing at
an 8.6% CAGR through 2027, pay DTT is projected to remain the leading multi-
channel platform with a 61% market share in 2027. DTH is the most lucrative
multichannel platform accounting for nearly 60% of the market’s total
multichannel revenues in 2017. Pay-DTT follows, despite being the largest by
subscribers, accounting for 34.8% of the total video service revenue.

Although ARPUs are much lower than in South Africa, leading to lower
revenues, Nigeria may increasingly be an investment focus for operators due
to its size (22% of all African TV Households are in Nigeria), low TV household
penetration, and its rapidly growing middle-class segment that has
disposable income for entertainment services.

At end-2017, Kagan estimated that Nigeria’s multi-channel market had over

27 million TV households and almost 7 million pay-tv subscribers, equating to
a 9% year-over-year increase. Household penetration, however, remains low
reaching nearly 26% in 2017 (compared to over 50% in South Africa), while
multi-channel revenues equalled $835 million, translating into a monthly
ARPU of $10.45. Nigeria’s multi-channel market is projected to add 8.7 million
subscribers reaching close to 16 million by 2027, equating to an 8.4% CAGR. TV
household penetration is projected to reach 39% in 10 years, while multi-
Pg. 39 Africa Business Directory - Ed. 2022

channel revenues are modelled to reach $2 billion by 2027 remaining behind

South Africa.

4.5.7. Industry Leaders

In addition to having 3 state-owned broadcasters, South Africa has Africa’s
top media company, Naspers. With a capitalization of $104 Billion, Naspers
owns broadcast media houses throughout Africa. In addition to a State-
owned broadcaster, Kenya has six large private corporations with television
and radio stations. Kenya also has over 100 corporate and non-profit stations
broadcasting throughout the country. In Egypt, 6 state-run TV, 30 state-
owned radio stations, and 8 privately held stations comprise the country’s
broadcasting industry.

4.6. Construction & Infrastructure

The African construction market is expected to register a CAGR of 6.4% over
the period, 2019 – 2024. Regionally, Africa will become a major player in global
construction over the next four years. There will be a steady acceleration in
construction activity in Nigeria efforts (4.6% CAGR) to revitalize the economy,
by focusing on developing the country’s infrastructure. However, Ethiopia
(12.7% CAGR) will be Africa’s best performer, where its construction industry
will continue to grow (albeit from a lower base than some of the continent’s
other leading countries) in line with the country’s economic expansion.

4.6.1. Industry Overall State

The African construction industry is the target destination for many global
investors. This is because of accruing benefits and/or advantages such as
availability of huge natural resources, huge investment opportunities in
energy and infrastructure, cheap labor, and a fast-growing consumer
market. Also, there is a beneficial business environment that includes
favorable economic development policies and rising commodity prices, in
addition to continued progress in the fight against corruption and the
adoption of democratic governments.
Pg. 40 Africa Business Directory - Ed. 2022

4.6.2. Potential Evaluation

According to industry sources, 482 projects valued at USD 50 million or above
each broke ground before June 2018. In total, these projects are worth USD 471
billion. It nearly doubled the total project value from 2017 which was USD 210
billion.

4.6.3. Ever Increasing Number of Projects

As a region, East Africa has the largest number of recorded projects with 139
projects. The outlook for Tanzania remains positive, with construction growth
anticipated to be over 9%. The Kenyan construction sector is expected to
average 8,5% growth per annum through 2024. The fast pace of growth in the
region can be attributed to the construction of commercial and residential
buildings, and on-going infrastructure construction projects. North Africa
accounts for the largest share of projects in terms of value at 31.5% (or USD
148.3 billion). The projects included are spread over 43 of Africa’s 55 countries.
Egypt is the country having the most projects with 46 projects (9.5% of
projects on the continent) as well as the most projects by value at USD 79.2
billion (17% of the continent’s value), edging out South Africa and Nigeria,
respectively.

As a sector, the Transport sector has 186 projects (22.7% of total project value),
followed by power and energy projects (with a share of 24.4% of the total
project value).

South Africa’s construction industry remains weak as construction spending

has suffered, due to negative investor sentiment and slow economic growth.
South Africa officially entered a technical recession in the second quarter of
2018. However, the construction industry increased by 2.3 percent, quarter on
quarter, with non-residential building and construction work recording
positive growth, but not enough to lift the country’s overall economic
performance.

4.6.4. Industry Leaders

In 2018, Egypt’s construction sector had more than 1,400 active projects
collectively valued at USD 348 billion, according to a report by BNC Network.
Currently, Egypt has the most construction of any African nation (46 projects)
representing 9.5% of projects on the continent as well as the most projects by
Pg. 41 Africa Business Directory - Ed. 2022

value at USD 79.2 billion. In Algeria, 99% of residents have electricity, 97% have
piped water and 95% have sewerage – the highest percentage of any African
country. To grow and maintain this, the government has mandated a USD 215
billion investment construction program with an emphasis on transport,
health and water infrastructure. Based on reports by the Globe Newswire, the
building construction industry in Nigeria is expected to record a CAGR of 13.9%
to reach NGN 10,671.3 billion by 2024. The residential construction industry in
value terms increased at a CAGR of 4.2% during 2015-2019.

4.7. General Education & Higher Education

Today education in Sub-Saharan Africa is for the most part moving sideways,
as there has yet to be the level of investment in African school systems
necessary to develop across the continent-globally competitive primary,
secondary and tertiary education institutions. The UNESCO Institute for
Statistics estimated that in 2018, on average, only 61% of adults in Sub-
Saharan Africa could read and write with understanding, which is one of the
lowest adult literacy rates in the world. The absolute number of adult illiterates
continues to rise because of high population growth, from 133 million in 1990
to around 144 million today. More than 60% are women. Adult literacy rates
range from 19% in Mali to 90% in Seychelles. Fourteen of the 22 countries in the
world with literacy rates below 60% are in Sub-Saharan Africa.

4.7.1. Industry Overall State

National and international learning assessments continue to underscore poor
literacy and numeracy skills in some parts of the continent. Africa has a high
incidence of grade repetition which is close to or above 20% in more than half
the countries with data available and acute teacher shortages as the region
needs to recruit an average of 6% more teachers each year. This, despite the
fact that between 2004 and 2015 an additional 1.6 million teachers were
recruited.

4.7.2. Industry Main Challenges

There are also significant infrastructural challenges on the continent (not
enough school buildings, too few school buildings with electricity, and not
enough books and available learning materials). The educational attainment
Pg. 42 Africa Business Directory - Ed. 2022

profile in Africa is also not helped by the fact that roughly 60% of all Africans
live in rural areas and are engaged in subsistence farming. School-age
children in these environments are also part of the expected labour pool of
rural African families and as such many do not complete primary school as
they are required by their families to work their land.

4.7.3. Targeted Audience Overview

While the age at which African girls and young women are giving birth across
the continent is not as low as it once was, the expectation that young women
should help their mothers and aunts at home and in the villages till persists
across a large number of countries. The day-to-day requirements of rural ‘life’
are keeping a large majority of Africa’s school-age young people out of
school. According to the Washington DC based Basic Education Coalition,
more than 46 million children in Africa are not in school and this figure
represents more than 40% of the world’s out of school children.

To address the myriad of challenges, African nations, through the African

Union and the African Union Development Agency – NEPAD have re-doubled
their efforts to strengthen the educational systems across the continent.
Computer and internet assisted distance education has been identified as an
important tool to support learning at all levels on the continent and
stakeholders such as UNESCO, the World Bank and a number of bilateral
donors have developed programmes to connect African primary and
secondary schools to the internet. Distance learning has also been adopted
at the tertiary educational level as well.

4.7.4. Efforts Towards Free-Education

Universal free education to all primary students is being adopted by several
nations and efforts to close the gender gap in education are yielding
increasing success. The efforts by African nations to receive increased debt
relief and accept creditors adhering to structural adjustment repayment
prescriptions allows the countries to allocate more of their budgets to
education. Yet for the foreseeable future, there will be a serious battle waged
to educate in particular African youth.
Pg. 43 Africa Business Directory - Ed. 2022

4.7.5. Gender Equality & Women’ Empowerment

Higher education in Africa has been under-developed over the past three
decades. Access to higher education for the relevant age group remains at
5%, the lowest regional average in the world, just one-fifth of the global
average of about 25%. Women are underrepresented in higher education
particularly in the science and technology fields. While there are institutions
of higher learning in East Africa and Southern Africa that are improving their
standing in global academic rankings, not a single Western and Central
African university features in the rankings of the world’s best 500 academic
institutions.

4.7.6. Matching Trainings Curricula with the Needs

Further, a backlog of reforms has accumulated over the last decades. A key
consequence of underdeveloped higher education institutions is also high
rates of migration of talent out of Africa in pursuit of training and research
opportunities abroad. The contradiction of unemployed graduates and the
lack of a highly skilled workforce continues to plague many African
economies. Currently, most African countries face human resource shortages
and limited capacity within the science, technology, engineering, and
mathematics disciplines as well as in the agriculture and health disciplines.

Higher education in Africa also faces severe constraints in terms of the

attainment of a critical mass of quality faculty. The average percentage of
staff with a Ph.D. in public higher education institutions in Africa is estimated
to be less than 20%.

Many departments do not have more than 1 or 2 senior professors and many
who are there are close to the retirement age. This prevents departments and
universities from being able to provide relevant higher education training and
to be able to establish vibrant research environments. Moreover, low salaries
of faculty, lack of research funding and equipment, as well as limited
autonomy provide disincentives for professors to stay in African universities.
Academic disruptions due to strikes by staff and/or students arising from a
number of factors including poor administrative leadership and lack of
resources are other challenges confronting African higher education.
Pg. 44 Africa Business Directory - Ed. 2022

4.7.7. Industry Leaders

According to a recent World Economic Forum ranking of Secondary Education
systems in Africa, Seychelles, Tunisia, and Mauritius rank among the top
educational systems on the continent. These rankings are based on skills
development and the quality of instruction.

With respect to highest ranking tertiary institutions in Africa, Egypt and South
Africa are the two-best represented countries. Egypt, Kenya, Nigeria, and
South Africa all have universities in the top 500 of the global ranking.

4.8. Government and Public Services

Recognizing that good governance in the public sector is a critical
component toward the pursuit of economic development (i.e political
representation, institutional effectiveness, executive effectiveness, human
rights and the rule of law, independence of media and civil society
organizations, economic management and corruption control) efforts to
improve governance have become a major thrust within Africa.

4.8.1. Industry Overall State

Public service plays a fundamental role in governance in Africa.
Strengthening public services in Africa has thus been deemed critical to the
continent’s development. When reinforced, good governance and public
service facilitate healthy communities, government accountability,
constructive and positive citizen engagement, job creation, and lay the
framework for development and growth. On the other hand, weak public
services result in education gaps, citizen distrust, and a lack of government
transparency. Present and future challenges can only be addressed if this
pillar of governance is secured across the continent.

4.8.2. Public Perception

African citizen’s satisfaction with the provision of basic public services
appears to have diminished over the last decade.

This indicates that governments are not meeting public demand in areas
such as health care, education, justice, safety, and security. The Ibrahim Index
of African Governance (IIAG) recognizes progress in overall governance
Pg. 45 Africa Business Directory - Ed. 2022

across Africa, and has noted a decline in the provision of core public services.
Education, for instance, shows a concerning trajectory.

4.8.3. Industry Potential

According to the Afrobarometer, 12.7% of people surveyed in 2014/2015
considered that it was challenging to obtain the services needed from
teachers or school officials. With Africa’s population set to double by 2050,
efficient public service delivery in this area is vital to the continent’s ability to
deal with new challenges in the future.

4.8.4. African Union Stake on Corruption

In 2018, the African Union declared the year as a year of fighting corruption
across the continent and transparency has played a big part in governance
debates. Transparency and accountability are key challenges that are
central to unlocking the potential of public services in Africa.

According to the Ibrahim Index of African Governance, findings show that

public sector corruption in Sub-Saharan Africa is the second highest globally,
after South Asia. This is a widespread phenomenon with 22% of Africans who
have had contact with public services saying they have paid a bribe.

Corruption is both a potential loss of resources and an obstacle to accessing

public services. This calls for policies against bribes and money laundering,
the benefits of which are already being seen across Africa.

Yet, public services do not work in isolation. The public and private sectors,
together with civil society, are increasingly involved in delivering services to
citizens. In particular, there is a growing role of local authorities and public-
private partnerships in delivering public services. Today, the 20 biggest cities
on the continent manage populations larger than many countries. In cities
such as Kampala and Johannesburg, a new generation of mayors, supported
by teams of young and motivated Africans, are offering examples of
modernising public services that engage with cross-sections of society.
Pg. 46 Africa Business Directory - Ed. 2022

4.8.5. Advocacy Actions

In order to ensure that African countries fulfill their mandate as
developmental states, there has been a call for them to improve their:
regulatory capacity– the ability to establish and enforce rules throughout the
society, including the traditional and religious realms; administrative
capacity – the ability to manage the personnel and resources of the state
and to ensure accountability and efficiency in service delivery; and domestic
resource mobilization/ tax collection capacity – to raise the revenues needed
by the state to pay for the expenses of implementing state policies and goals,
which includes the revenue for hiring, paying, and providing public servants
with the resources to work with.

4.8.6. Industry Leaders

According to Transparency International’s corruption perception index,
Seychelles, Botswana and Cabo Verde are the least corrupt countries in
Africa. According to the United Nations Economic Commission for Africa,
Mauritius, South Africa and Tunisia rank first, second, and third respectively
among African nations for provision of e-government services.

4.9. Healthcare
At the end of the colonial era in the 1960s, African nations began significant
efforts to bolster their healthcare systems and particularly under the
mandate of public health development to extend the reach of medical
facilities and services into their rural areas. Spending on health (and
education) as a percentage of the annual budgets of these nations was
relatively robust. These activities were supported by the United Nation’s World
Health Organization which prompted a community-focused approach to
healthcare and advocated that comprehensive healthcare was a basic right
and a responsibility of government.

However, much of this effort began to be undone in the 1990s when economic
crisis across the continent ushered in the era of the World Bank and IMF loans.
The need to borrow meant that African states began to lose control over the
ability to set their own domestic spending agendas. The “structural
adjustment” lending requirements within the loan agreements mandated
Pg. 47 Africa Business Directory - Ed. 2022

that African borrowers spend less on social services, including health and
education.

4.9.1. Industry Overall State

As African nations began to pay back the World Bank and bilateral creditors,
it soon became apparent that the level of debt that had been incurred was
unsustainable. Over the last fourteen years, this situation has gotten much
worse. Just before the millennium, an estimate suggested that from an
aggregate standpoint, Sub-Saharan African countries were transferring more
to their western creditors than four times what they were spending on
healthcare for their people.

With decreased public spending domestically and very weak private sectors,
the social services net which had been historically provided by the
government began to fall. This led, and today continues to lead, to increased
poverty on the continent-and poverty, in turn, has led to increased health
challenges- particularly regarding communicable diseases.

4.9.2. Paradigm Transformation

Privatization of health care, which was another suggestion of the World Bank,
has only served to create a two-tiered system of healthcare in Africa –with
wealthy Africans having access to healthcare and poorer Africans not having
access. With slightly more than 10% of all Africans having formal sector jobs,
health insurance is also scarce in most parts of the continent.

4.9.3. Life Expectancy in Africa

The overall average healthy life expectancy is on an increasing trend in the
African Region, from 50.9 years to 53.8 years for the period 2012– 2015. This
trend is also seen with the median healthy life expectancy, which has
increased from 50.1 to 53.6 years between 2012 and 2015. This suggests an
improving trend in the overall health and well-being of the persons living in
the Region. Four countries – Algeria, Cape Verde, Mauritius and Seychelles –
have a significantly better life expectancy compared to the other countries,
and nine other countries have a healthy life expectancy under 50 years.

The levels of healthy life in the African Region remain much lower than the rest
of the world. The Region is the only WHO region with a healthy life expectancy
under 60 (52.3 years as compared to the next lowest, the Eastern
Pg. 48 Africa Business Directory - Ed. 2022

Mediterranean Region, at 60.1 years). The African Region has a 16.4-year gap
in healthy life as compared to the Western Pacific Region, the best performing
region globally, representing a major disparity for its population.

4.9.4. Main Causes of Illness and Death in Africa

Direct causes of ill health and death in Africa are varied, with eight conditions
in the top 10 causes. Lower respiratory infections, HIV/AIDS and diarrhoeal
diseases still represent the top three causes of both morbidity and mortality.
The threat of Ebola is also prevalent in some regions of the continent. Other
diseases that continue to plague Africa’s people include diseases such as
Polio, Diabetes and River blindness.

4.9.5. Level of Morbidity in Africa

It should, however, be noted that the levels of morbidity are on a downward
trend. The DALYs per 100 000 population associated with the top 10 conditions
have dropped by half since the year 2000. The largest drops are associated
with communicable conditions, with malaria (66% reduction), HIV/AIDS (57.9%
reduction) and diarrhoeal diseases (56.5% reduction) having the highest
morbidity reductions. On the other hand, the conditions associated with the
least reductions are all non-communicable: road injuries (0.9% reduction)
and congenital abnormalities (7.2% reduction).

Similarly, the levels of mortality are also getting lower, with an average crude
death rate due to the top 10 causes of mortality falling from 87.7 to 51.3 per 100
000 population. As with morbidity, the reductions in crude death rate were
most significant in the same three communicable conditions: Malaria (66%
reduction); HIV/AIDS (57% reduction) and diarrhoeal diseases (52%
reduction). Again, the reductions in mortality are least with non-
communicable conditions, led by road injuries (1% reduction), ischaemic
heart disease (2% reduction) and stroke (3% reduction). This reinforces the
need for countries to scale up interventions to reduce mortality associated
with non-communicable conditions.

4.9.6. Africa Healthcare Sector Main Challenges

The major disease leading to mortality in Africa is Tuberculosis or TB. TB is also
the 9th leading cause of death worldwide and the leading cause of a single
Pg. 49 Africa Business Directory - Ed. 2022

infectious agent, ranking above HIV/AIDS. In 2017, 2.5 million people fell ill with
TB in the African region, accounting for a quarter of new TB cases worldwide.

HIV/AIDS, the second-highest killer, accounts for approximately 34 million

HIV-positive people worldwide, 69% live in Sub-Saharan Africa. There are
roughly 23.8 million infected persons in all of Africa. Of all infected children
worldwide, 91% of the world’s HIV-positive children live in Africa. Since the
epidemic of HIV/AIDS, more than 75 million people have contracted the illness,
and over 36 million have died from an HIV-related cause. In 2018, 1.1 million
people in the WHO Africa region contracted HIV and the same year resulted
in 470,000 deaths from AIDS-related illnesses. In the region 81% of people with
HIV status know it; while 64% of people living with HIV have access to lifesaving
antiretroviral therapy.

In the case of Malaria, 219 million cases of malaria worldwide were estimated
in 2017. Of all cases reported, 92% of global cases were in the WHO African
Region– an estimated 200 million cases. In 2017, five countries accounted for
nearly half of all malaria cases worldwide. Four of them are in Africa, these
namely are Nigeria (25%), Democratic Republic of Congo (11%), Mozambique
(5%), and Uganda (4%). Through the efforts of WHO, 505 million of the nets
were destined for Sub-Saharan Africa. Household ownership of at least one
such net increased from 50% in 2010 to 80% in 2016 across Sub-Saharan Africa.

4.9.7. Declaration on Primary Health Care and Health Systems

In 2008, Burkina Faso hosted a conference on Primary Health Care and Health
Systems in Africa. The conference adopted the “Ouagadougou Declaration
on Primary Health Care and Health Systems in Africa: Achieving Better Health
for Africa in the New Millennium”. This Declaration was endorsed by the 58th
Regional Committee which also adopted the related Resolution AFR/RC58/R3.
A generic framework for the implementation of this Declaration has been
prepared to build on the priority areas highlighted in the Declaration as well
as other policies and goals related to health development. Also on the policy
front, African Union member states share and strongly endorse the values
and principles of the Sustainable Development Goals adopted in 2015, in
particular, Sustainable Development Goal #3: “To ensure healthy lives and
promote wellbeing for all at all ages”.
Pg. 50 Africa Business Directory - Ed. 2022

4.9.8. African Union’ Efforts

The AU’s Regional Office provides support to Member States in their efforts to
revise or develop their national health policy and strategic plans. Also related
to policy formulation, the Regional Office provides technical support to
countries. To date, 44 national health policies have been developed/revised
based on the AFRO guidelines. This represents an increase of 35% in the past
4 years. The process of developing these national health policies is improving
through a more inclusive approach involving all relevant stockholders active
in health development. However, efforts have to be made to strengthen the
capacity of countries in policy analysis.

4.9.9. Industry Leaders

South Africa is regarded as the leading provider of private health services in
Africa as the country has over 200 private hospitals that provide a standard
of care consistent with that found in Europe and the US. Tunisia’s health
system provides universal coverage and helped raise life expectancy from
47.1 in the 1960s to 74 today. While Kenya is the leading healthcare in East
Africa, with over 52 public and private hospitals, the nation has struggled with
shortages of medicine and medical supplies, counterfeit medicine, and
escalating services costs.

4.10. Internet Connectivity

Internet use on the African continent is on the rise. However, Africa remains a
region where only a third of the population has access to broadband
connectivity. Achieving universal, affordable, and good quality internet
access by 2030 will require an investment of US $100 billion. This is according
to a report launched at the Annual Meetings of the World Bank Group, which
calls for urgent action to close the internet access gap while providing a
roadmap to reach this ambitious goal.

4.10.1. Industry Overall State

The report from the Broadband for All Working Group gives practical insights
and suggestions of what is needed to attain this objective, including an action
plan for universal broadband connectivity in Africa. To achieve universal
broadband access by 2030, African countries will need to bring about 1.1 billion
Pg. 51 Africa Business Directory - Ed. 2022

more people online. This will require exceptional and coordinated efforts from
governments, the private sector, development partners, and civil society, the
report says, but the investment is worth it.

4.10.2. Evolution Trend

“The digital agenda is first and foremost a growth and jobs agenda,” says
Makhtar Diop, the World Bank’s former Vice President for Infrastructure. “The
working-age population in Africa is expected to increase by some 450 million
people between 2015 and 2035. If current trends continue, less than one
quarter will find stable jobs. Broadening internet access means creating
millions of job opportunities.”

4.10.3. Broadband Penetration

While the number of broadband connections in Africa crossed the 400 million
mark in 2018 (nearly twenty times 2010 levels), the regional average
broadband penetration including 3G and 4G connections is only 25% in 2018.
Mobile broadband coverage in Africa is still at 70% of the population. Even in
North Africa, there is ample room for growth with 4G networks covering only
about 60% of the population. Additional challenges, such as the lack of access
to reliable and affordable electricity, make accelerating Africa’s digital
transformation journey even more difficult.

4.10.4. Channeling of Investments

According to the report, nearly 80% of all required investments are directly
related to the need to roll out and maintain broadband networks. However,
connecting the unconnected is about more than just infrastructure: about
20% of required investments consist in building the user skills and local
content foundations, and another 2-4% should be allocated to setting up the
appropriate regulatory framework, the report notes. While the private sector
has driven most successful broadband initiatives, public agencies play a
crucial role by implementing effective sector regulation, addressing potential
market failures, and creating the conditions for an open, competitive
broadband sector.
Pg. 52 Africa Business Directory - Ed. 2022

4.10.5. Industry Leaders

Most of Africa’s Internet activity and infrastructure exists in South Africa, Egypt
and Morocco. South Africa ranks highest in internet penetration rates in Sub-
Saharan Africa (SSA) estimated to be 71.4% in 2020. Nigeria has the most
Internet users at 124 million in Africa due in large part to its large population.
Kenya leads the continent in mobile Internet users, with a penetration rate of
83%.

4.11. Manufacturing
t has long been proven that value-added production is the key to economic
development. Manufacturing creates jobs, jobs fuel spending and spending
fuels the economy. In Africa, the colonial era legacy of a region that primarily
supplied natural resources has been hard to shake off. In addition, the
relatively small markets (20 countries with less than 10 million inhabitants),
inhibits mass production and offers small markets and a relatively small
labour pool.

4.11.1. Industry Overall State

More than 50 years after the African era of independence, challenges to
manufacturing remain and the focus on how the continent can best stimulate
value-added production is intensifying. Today, 50% of the entire
manufactured good output from the continent comes from South Africa. The
only other major diversified manufacturing economies on the continent are
Algeria and Egypt in North Africa and Zimbabwe (although the sector has
been severely hurt because of political discord in the country) in Southern
Africa. Kenya also has a strong manufacturing sector, but trails the top group.

4.11.2. Manufacturing Across Africa

Manufacturing across the continent, for the most part, is concentrated in the
low skilled, labour intensive echelons of production. Most products are
produced for local consumption although a few items are made for export
with the intent of capitalizing on Africa’s comparatively low (vis-a-vis global
standards) wage levels. Some of the key products manufactured in Africa
include:
Pg. 53 Africa Business Directory - Ed. 2022

• Integrated iron and steel

• Petrochemicals
• Cements
• Textiles/Apparels
• Food/Beverages
• Furnitures.

4.11.3. Integrated iron and steel

Algeria, Egypt, Tunisia, and Zimbabwe are all top producers of integrated iron
and steel across the continent.

4.11.4. Petrochemicals
Petrochemicals are heavily produced in Algeria, Egypt, Ghana, Kenya, Libya,
Morocco, Nigeria, Senegal, South Africa, Sudan, Tunisia and Zimbabwe.

4.11.5. Cement
Algeria and South Africa are the continent largest cement producers.

4.11.6. Textiles/Apparels
Textiles/apparels are heavily produced in Mauritius, Lesotho, South Africa,
Kenya, Zimbabwe, Egypt, and Nigeria.

4.11.7. Food/Beverages
South Africa, Kenya, Tanzania, Egypt, Nigeria, and Cote d’Ivoire appears as the
top producers of food/beverages.

4.11.8. Furniture
Furniture are heavily produced in South Africa, Nigeria, Kenya, Algeria, Egypt,
and Ghana.
Pg. 54 Africa Business Directory - Ed. 2022

4.11.9. Others Goods Manufactured in Africa

More broadly other items that are produced on the continent include
automotive parts and vehicles (South Africa, Kenya, and Egypt); electric
motors, tractors, coal, rubber and metal goods. Although Algeria and South
Africa are the leading producers, most countries have cement factories.
Bottling and food processing, to some degree, exists in almost all of the
markets of the continent.

4.11.10 Intra-Regional Trade

Intra-regional trade has been an important bi-product in the growth of
Africa’s manufacturing prowess and of the growing focus which the African
Union and AU Development Agency (AUDA) – NEPAD have placed on the
importance of regional integration and strong, functioning Regional
Economic Communities (RECs). The biggest beneficiaries of this trend and
these policies have been South Africa in Southern Africa, Algeria and
particularly Egypt and Morocco in North Africa, and Kenya and Ethiopia in East
Africa. In Central Africa, Cameroon is the most industrialized nation and
supplies the region.

4.11.11. Export Promotion

Export promotion, increasing product quality and efficiency, and market
access are key areas of focus among African government leaders as they
work to use automation and value-added production in their countries to
increase jobs and stimulate economic growth. Key supporters of the growth
of the African manufacturing sector include the United Nations Industrial
Development Organization (UNIDO) and the World Bank. Important studies
on the subject of African competitiveness have been prepared by the OECD,
the World Economic Forum and the United Nations Conference on Trade and
Development.

4.11.12. Industry Leaders

Fifty percent of the manufacturing output from the continent comes from
South Africa. Egypt and Morocco both benefit from their strategic location
between Africa, Europe and Asia. Egypt has established large scale
manufacturing capacity and has set its sights on being the leading
Pg. 55 Africa Business Directory - Ed. 2022

manufacturer in the Middle East. Morocco is steadily establishing itself as a

manufacturing hub and has attracted numerous multinationals given its
strategic location and modern port.

4.12. Metals & Mining

One of the several factors external and domestic that has supported the
nearly two decades of sustained growth in Africa has been the growth of the
extractives sector.

4.12.1. Industry Overall State

The super cycle in commodity prices in the extractives sector that began in
2000 was notable on the external side, and this enabled the region’s
resource-rich countries to grow at an appreciably faster pace than non-
resource-rich countries. Another consequence of sharply elevated
commodity prices has been a boost in the production of extractives and
increased investor interest in the region’s abundant natural resources,
ranging from hydrocarbons (oil and natural gas) to minerals (gold,
diamonds, copper, and iron ore).

Increased investor interest has led to intensified resource exploration, a spate

of new discoveries, and a surge in mine openings.

4.12.2. Natural Resource Extraction

Natural resource extraction is expected to be an important activity for African
economies as they continue on their growth path. In the past two decades,
the extractive industry has made up nearly two-thirds of exports from African
countries oil and gas alone accounting for close to 50% of total exports a
substantial rise from the 48% share in the previous 10-year period. Rising
exports of natural resources contributed significantly to government finances,
providing much-needed funds for building human and physical capital.
Pg. 56 Africa Business Directory - Ed. 2022

4.12.3. Industry Main Challenges

Southern Africa has long been considered a regional and global mining
powerhouse, in particular South Africa. However, it has been engulfed by a
series of shocks and economic underperformance. This has taken a toll on
the country’s position as a leader in the extractives industry. Johannesburg
remains a critical hub for regional operators and improving conditions in the
commodity marketplace bode well for the rest of Southern Africa as investors
eagerly look to other jurisdictions that boast the region’s undeniable shared
strengths.

In addition to the economic challenges the sector is facing, South Africa also
faces the challenges associated with an aging mining sector. Industrial
mining has been taking place for around 120 years and subsequently,
activities in some areas now reach depths of over 4,000 meters. Not only does
this present operational challenges, but the hazards of operating so deep
present significant risks to human life. In South Africa, the potential to have
the largest impact is through increasing the amount of productivity in deep
underground mines.

4.12.4. Major Developments in the Industry

In Namibia, TSX-listed Diamond Fields International was granted a renewal for
its license to mine within the nation’s 3,700 square miles of marine diamond
concessions along its south-west coast. Marine diamonds have surpassed
the importance of land diamonds with production totalling 1.7 million carats
from the sea in comparison to 403,000 carats recovered on land. A joint
venture between the Government of Namibia and De Beers Group, known as
Debmarine Namibia, has commenced construction on a US$142 million
offshore diamond mining vessel to begin operations in 2021 to further unlock
the potential for sea diamonds. In general, Namibia’s economy has recovered
substantially following a period of drought that put pressure on its mining and
agriculture-dependent economy.

Mozambique holds some of the world’s largest untapped deposits of both

thermal and coking coal and has strong potential for graphite that warrants
increased attention. Madagascar is also another country that has significant
potential for graphite with ASX-listed Bass Metals securing a sales agreement
for 3,000 million tons per year of its flake graphite concentrate.
Pg. 57 Africa Business Directory - Ed. 2022

Botswana (Diamond) and Zambia (Copper) remain top destinations for

investment, while the political developments in Zimbabwe (Platinum) could
position the country for great success when economic sanctions are lifted.
Despite being a well-established jurisdiction, Zambia’s geology remains
widely unmapped, which presents exploration opportunity.

East and Central Africa have not been immune from the rising tide of
protectionism around the globe, and the implementation of restrictive trade
policies in Tanzania has created an uncertain investment environment there.
Further jurisdictional uncertainties have impacted investor security in other
East African nations such as Kenya. Despite this, rebounding prices have
played a role in generating interest in this prospective and under-exploited
region.

In general, the value of the resources sector as a driver for regional socio-
economic development is well understood by the region’s nations. As
commodity prices continue to rise, initiatives to promote the vast mineral
potential of the region abound and key projects to support improved
infrastructure and labor capacity are underway.

Kenya, a relatively new mining jurisdiction, has launched a gold project with
the resource believed to likely surpass 1.3 million ounces of gold. Goldplat’s
Kilimapesa mine, the country’s largest gold operation, recently
commissioned a new crushing plant, and a highly anticipated airborne
survey of Kenya will provide investors with more data.

Ethiopia is one of the fastest-growing economies globally and committed to

diversifying its economic strategy, which has translated to positive outcomes
for miners operating in the region. In Ethiopia, gold and gemstones represent
particularly exciting and under-explored areas of potential and its potash
mineralization could make waves in the global markets. Potash in the ground
of traditional producers like Russia and Canada may not occur until depths
of 500+ meters; in Ethiopia’s Danakil Depression such zones can be found as
close to the surface as 50 meters.

The DRC is experiencing a buzz of activity across a range of extractable

commodities although copper and cobalt undeniably remain the leading
mineral assets of the country. Growing global interest in cobalt bears
particular relevance given that the country contains roughly two-thirds of the
world’s supply and the price of the metal has grown rapidly in recent years.
The DRC is also the largest producer of copper in Africa and boasts some of
Pg. 58 Africa Business Directory - Ed. 2022

the highest grades in the world. While the global average falls between 0.6%
– 0.8%, some of the country’s mines are estimated to contain grades higher
than 3%.

West Africa continues to position itself as a noteworthy region for investment

in the mining sector. From Ghana’s world-renowned gold deposits to Burkina
Faso’s unexplored wealth, West Africa hosts some of the more attractive
projects for the industry across the continent.

Burkina Faso is experiencing a boom in its mining industry. Land-locked but

richly endowed with immense mineral wealth, this country has quietly
emerged as one of the preferred destinations for mining investors. Although
falling behind gold-producing giants like South Africa, Ghana, and Mali,
Burkina Faso has the highest number of new gold projects in the continent.

Endeavour Mining recently confirmed it had added over 260,000 oz. of gold to
its proved resource at its Karma gold mine thereby extending its mine life
more than 10 years. Meanwhile, major gold producer IAMGOLD announced the
installation of a 15-megawatt solar power plant at its Essakane mine, which is
the largest hybrid diesel solar photovoltaic project in the world.

With an estimated 822 tons of gold reserves, Mali remains a hotspot for gold
mining companies worldwide. Largely due to developments from Randgold’s
Loulo-Gounkoto complex and the Morila mine, the country has managed to
increase its reserves significantly in the past few years. Although the security
situation in the north of the country has overshadowed developments in the
industry, Mali’s mining sector has ultimately experienced very eventful years
recently.

Well-established mining jurisdictions such as Ghana have upgraded efforts

to reap the benefits of increased investment flows to the region. Ghana has
committed significant resources and efforts into tackling illegal mining and
streamlining permitting processes.

While Ghana remains a strong favorite of investors, Senegal, Guinea, and Ivory
Coast are the newest players to see considerable interest West Africa. Guinea
(Bauxite) is also a country in which increased investment in the mining sector
is occurring. In Senegal, several explorers and developers, such as Bassari
Resources, are gearing up to begin production. The ASX-listed gold developer
is slated to begin awarding contracts for its Makabiungui gold project.
Pg. 59 Africa Business Directory - Ed. 2022

Cote d’Ivoire is one of Africa’s fastest-growing economies with a growth rate

averaging above 8% over the past decade. The country is earmarked for
future investments in its mineral resources. In particular, Cote d’Ivoire is rich
in gold as it sits on the Birimian Greenstone Belt. Over the past two years the
Ivorian government has awarded gold prospecting licenses to various
companies to search for gold ore deposits in eastern, northern, and
southwestern Cote d’Ivoire.

Mining in Cote d’Ivoire has been growing in the last few years and continues
to scale into what will likely be one of the most productive places to mine gold
in Africa. Production almost doubled between 2013 and 2015 alone, jumping
from 13 tonnes to 23.5 tonnes of gold. Private industry and the Ivorian
government aim to hit a target of at least 30 tonnes by 2020.

The Middle East and North Africa jointly hold more than 30% of global mineral
reserves. Despite this, the region severely lacks exploration and resource
development investment. The region is globally important for phosphate
production.

According to the US Geological Survey (USGS), Morocco and Western Sahara

produce 30-million tons of phosphate rock a year, Egypt produces six-million
tons, and Tunisia five-million tons.

In Morocco mining holds an important place in the country’s economy, as it

contributes 21% of the value of export remittances and employs about 39 225
people.

For centuries, mining has been one of Morocco’s most practiced economic
activities. Moroccan mining technologies, like copper works and steel
manufacturing, were exported abroad, particularly to Europe. Morocco is
particularly strong in manganese, iron, zinc, lead, phosphate, silver, zinc,
cobalt, copper, fluorine, lead, barite, iron-ore and anthracite.

Egypt is also a resource-rich region and as stability returns and more efforts
are made to improve the overall investment climate, mining will pick up.

To increase revenue and expand the country’s overall economy, the Ministry
of Petroleum’s Mineral Resources Authority is looking to offer several
international bids for mineral exploration sites, particularly in the gold sector.
Aside from the country’s stellar gold deposits on offer, estimated at 6.7-million
Pg. 60 Africa Business Directory - Ed. 2022

ounces, Egypt is home to an abundance of mineral resources, including

phosphate, iron ore, kaolin and coal located predominantly in the Eastern
desert, the Western Sahara desert and Alaqa Valley.

4.12.5. Industry Leaders

The DRC is arguably one of the richest natural resource endowed countries
on earth due to its natural resources. It has limitless water from the world’s
second-largest river, the Congo; a benign climate and rich soil make it fertile;
and abundant deposits of copper, gold, diamonds, cobalt, uranium, coltan
and oil beneath its soil. South Africa’s well-established mining industry
accounts for 60% of its exports, which in turn provide the world with vital
minerals needed for manufacturing. Ghana is now Africa’s largest gold
producer, surpassing South Africa. It accounts for 90% of its mineral exports,
but the country also produces bauxite, manganese and diamonds.

4.13. Property Development and Real Estate

The African real estate market is growing and maturing, albeit with different
trajectories and challenges in the various regions. The sector’s growth over
the last decade has not been linear or smooth. The rise and completion of
developments, a steady increase in transaction activity and an increase in
expansion into new real estate centres has been noted. Most importantly,
stakeholders have to take a longer-term view on investment.

4.13.1. Industry Overall State

It is estimated that about USD$14.5 billion has been invested and deployed in
African real estate in the last decade. The biggest challenge facing investors
currently is when to invest.

Increased investment has been noted in the development of A-grade offices,

large-scale retail malls, and high-end residential units. Another activity has
been noted in projects in the maturity phase. This segment has been
characterized by elements such as market corrections, the sale of assets
developed during the first phase, and the exit of certain pioneering
companies.
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4.13.2. Fostering the Sector Potential

For the sector to grow across the continent, it will have to go through an
institutional and public investment phase, which will be driven by further
market consolidation. This will, in turn, create greater input and create the
climate for large-scale institutional and public investment into the sector.

4.13.3. Harnessing Opportunities

The Africa Property Investment Summit is an example of a continent-wide
forum that increasingly works as a deal room for future investment in property
and real estate on the continent. Over the past decade investment in the
sector has seen sophisticated deal structuring in affordable housing,
hospitality, logistics, office spaces, and mixed-use spaces, across countries
and regions.

4.13.4. Overview of Some Majors Deals

An example of top African Real Estate Deals In 2019 include:

• Growthpoint Investec African Property Fund to acquire malls in Ghana

& Zambia
Deal Size: Undisclosed
• Centum RE & Nedbank $75M Debt Deal for their Two Rivers
development project
Deal Size: $75M
• IFC invests in Hilton in Lusaka Protea Hotel (Zambia)
Deal Size: $9M
• African Logistics Properties (ALP) Signs Debt restructuring deal with
Standard Bank
Deal Size: $26.5M
• Shelter Afrique in Affordable Housing Deal with Habitat International
Deal Size: $100M
• Grit buys Senegal Club Med
Deal Size: $12.5M with development plans of $28.8M
• CDC commits to mezzanine debt investment in Teyliom Hospitality
Deal Size: $30.7M
Pg. 62 Africa Business Directory - Ed. 2022

• WeWork opens its first of many African Office locations in

Johannesburg
Deal Size: Undisclosed
• Actis & Shapoorji launch affordable housing Joint Venture in Kenya
Deal Size: $120M
• Westpark & Siemens to build sustainable industrial park
Deal Size: Undisclosed

4.13.5. Industry Leaders

Although the overall South African real estate market is subdued, South Africa
continues to be an attractive real estate market. There are pockets of activity
and growth, particularly in KwaZulu Natal that attract tourism and
manufacturing development. Over the past 5 years, countries in Sub-Saharan
Africa have made some of the world’s strongest advances in real estate
development. Kenya, Ghana, Nigeria, Zambia and Mauritius have secured a
position in the Global Top 10 improvers. Nigeria remains a strong contender
with its growing GDP and population, which consequently contributes to its
housing deficit and therefore creates added opportunity. Ghana has been
earmarked by investors as a new frontier market as it has sufficiently repriced
the market and has increased the quality of real estate assets in recent years
attracting global corporates.

4.14. Telecommunications
Although Africa today remains the least connected continent in the world,
from having 12% of the world’s population and 3% of phone lines at the turn of
the millennium, the continent has made significant strides in improving its
connectivity.

4.14.1. Industry Overall State

The African region, in particular, the Sub-Saharan African region bar South
Africa is going through a major period of change. More than 90 percent of the
population was covered by 2G networks at the end of 2017, but more
advanced networks are now beginning to take hold. Sub-Saharan Africa has
led the world in mobile take-up growth over the past few years. About three-
quarters of Africa’s population has a SIM connection, this translates to 747
Pg. 63 Africa Business Directory - Ed. 2022

million people. Regardless of these huge strides that have been made, mobile
subscriber penetration remains at about 44%, well behind a global average
of 66%.

4.14.2. Growth Opportunities

Future telecommunications growth opportunities in the continent will
increasingly be concentrated in rural and low-ARPU (average revenue per
user) markets, as well as younger demographic groups. Africa today is a
region in which mobile telephone infrastructure has become the mainstay for
telecom services. In some markets, up to 99% of voice and data connections
are via mobile networks. This reflects the relative success of network
deployments as much as the poor condition of fixed-line infrastructure.

4.14.3. Investment Challenges

Some of the continent’s investment in telecommunications has suffered from
neglect, under-investment or destruction resulting from intermittent wars
and civil dislocations. In a number of countries that remain war-torn or
politically unstable (in the Horn of Africa and in areas such as Libya, the DRC,
Cameroon, and Burkina Faso) there are few inducements to extend fixed-line
services. Additional difficulties are the absence of reliable electricity and the
low use of computers.

4.14.4. Market Penetration Rates

The size and range of the diverse markets within Africa have contributed to
varied market penetration rates between countries. By early 2019 the highest
mobile penetration was found in countries including South Africa (169%),
Botswana (160%), Gabon (159%), and Mauritius (147%). To some degree, high
penetration reflects the popularity of consumers having multiple SIM cards
despite efforts among most regulators to enforce measures by which
operators must register SIM card users. These efforts are partly geared to
removing dormant SIM cards from operators’ databases, and thereby
providing a more accurate impression of market dynamics.
Pg. 64 Africa Business Directory - Ed. 2022

4.14.5. Government-Led Efforts

At the other end of the scale, there are a number of countries in which far
greater government direction, market competition, and regulatory oversight
are required for the local mobile markets to develop further. Some of the
lowest penetration rates on the continent are in Madagascar and Malawi
(both at about 35%), Chad and Djibouti (both at 41%), and Niger (49%). A
number of other countries are notable for having suffered from considerable
civil and economic disruption, including South Sudan and Eritrea (both at 11%).

4.14.6. African Mobile Market

The mobile market in Africa is almost entirely prepaid. Commonly, about 99%
of all subscribers have prepaid since this offers a far more economically
manageable means to gain access to voice and data services than does a
contract plan. In addition, year-on-year a greater proportion of the
continent’s population is able to afford mobile services, leading to a steady
increase in the subscriber base. Affordability has been extended by the
positive effects on pricing from market competition and by measures to
reduce termination rates. In addition, many countries have signed up to
regional agreements aimed at reducing international roaming charges.
Regional roaming initiatives reduce charges for customers, increase
regulated traffic, and curtail grey traffic (the re-origination of long-distance
calls). The East Africa One Network Area has been in effect since April 2016,
while the Economic Community of West African States (ECOWAS) came into
play in December 2016. The Common Market for Eastern and Southern Africa
(COMESA) provides a similar agreement (signed in October 2017) among its
19-member bloc stretching from Libya in the north to eSwatini (Swaziland) in
the south.

While network operators have seen reduced revenue from roaming access,
this has generally been recouped from a sharp increase in international
traffic. A few countries within Africa retain incumbent monopolies for the
provision of services, while others have seen consolidation among players
(largely due to operators such as Airtel and Tigo leaving certain markets, or
the failure of some poorly managed enterprises). In sum, though, there is
effective competition within the mobile sector across the region. This has also
encouraged competition for services based on upgraded technologies,
which in turn has encouraged investment. Africa remains the main region
globally for m-money and m-banking services, for example, and while there
Pg. 65 Africa Business Directory - Ed. 2022

is little focus on 5G deployments as yet, there is considerable effort being

undertaken to upgrade networks from 3G infrastructure to LTE. This process is
uneven since in many areas GSM remains the dominant technology. While
MNOs are keen to invest in LTE and so capitalize on the revenue potential of
mobile data services, they face difficulties related to the paucity of the
spectrum and delays in auctioning additional spectrum needed to extend
services and upgrade network capacity.

4.14.5. Industry Leaders

South Africa is the telecom industry leader in Africa as it is headquarters to
many of the continent’s most valuable and largest operators like MTN, the
largest mobile operator in the entire continent. Nigeria has Africa’s largest
telecom market with 185.74 million mobile subscriptions and 7% growth year-
on-year according to the Nigerian Communications Commission (NCC).
Egypt also has one of the largest mobile telecom markets on the continent
with a penetration rate of about 94%.
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Pg. 67 Africa Business Directory - Ed. 2022

CHAPTER 05: COUNTRIES PROFILE

5.1. People`s Democratic Republic of Algeria
5.1.1. About
Algeria, officially the People's Democratic Republic of Algeria, is a country in
the Maghreb region of North Africa. The country is the largest country by total
area in Africa and in the Arab world and is bordered to the northeast by
Tunisia; to the east by Libya; to the southeast by Niger; to the southwest by
Mali, Mauritania, and Western Sahara; to the west by Morocco; and to the
north by the Mediterranean Sea. It has a semi-arid geography, with most of
the population living in the fertile north and the Sahara dominating the
geography of the south. Algeria covers an area of 2,381,741 square kilometers
(919,595 sq. mi), making it the world's tenth largest nation by area, and the
largest nation in Africa. With a population of 44 million, Algeria is the ninth-
most populous country in Africa, and the 32nd-most populous country in the
world. The capital and largest city is Algiers, located in the far north on the
Mediterranean coast.

ALGERIA

Algiers
Capital[01]

Northern Africa, bordering the

Location[01]
Mediterranean Sea
2,381,741 sq km
Area[01]

Libya, Mali, Mauritania, Morocco, Niger,

Border Countries[01]
Tunisia, Western Sahara
Petroleum, natural gas, iron ore
Natural Resources[02]
phosphates, uranium, lead, zinc
Arid to semi-arid
Climate[01]

43,851,043 (2020 est.), the median age is

Population[03]
34 years
Arabic, French, Berber dialects
Languages[01]

Arab-Berber 99%, European less than 1%

Ethnic Groups[01]
Pg. 68 Africa Business Directory - Ed. 2022

1.40% (2019 est.)

GDP Growth Rate[04]

$3,306.9 (2020 est.)

GDP per Capita[04]

Agriculture: 14.13%, industry: 20.28%,

GDP Composition/Sector[03]
services: 48.74% (2020)
Arab-Berber 99%, European less than 1%
Labour Force/Occupation[02]

12.7% (2021 est.)

Unemployment Rate[05]

Unemployment 15-24 31% (2020 est.)

years[03]
27.6 (2011)
GINI index[03]

35 % (2019)
Population Below Poverty[03]

0.748 (2019)
HDI[03]

7.2 (2021 est.)

Inflation rate[03]

Petroleum, natural gas, and petroleum

Export Commodities[01]
products 97%
Wheat, barley, oats, grapes, olives,citrus,
Agriculture Products[01]
fruits, sheep, cattle
Petroleum, natural gas, light industries,
Industries[06] mining, electrical, petrochemical, food
processing
51.32% of GDP (2020 est.)
Public Debt[03]

37.03% of GDP (2021 est.)

Investment[04]

$-16 billion
Trade Balance[06]

5.1.2. Economic Overview

The country of Algeria has an economy that is dominated by the state, a
legacy of the country's socialist post-independence development model. The
North African country has a population of 44 million and a GDP of $180.69
billion USD. To provide the required quality of life for its masses, the Algerian
Pg. 69 Africa Business Directory - Ed. 2022

economy has to grow at no less than 6% per annum. The economy in the last
few years has hovered at growth rates of less than 2%. The government has
halted the privatization of state-owned enterprises (SOEs) and has imposed
restrictions on imports and foreign involvement in its economy. For the
Algerian economy to grow, a stabilization of SOEs will be required. Oil and
natural gas account for 95% of exports. Algeria has the 10th-largest reserves
of natural gas in the world and is the sixth-largest gas exporter. It ranks 16th
in oil reserves. Thanks to strong hydrocarbon revenues, Algeria has a cushion
of $173 billion in foreign currency reserves and a large hydrocarbon
stabilization fund. In addition, Algeria's external debt is extremely low at about
2% of GDP.

GDP Growth Rate GDP per Capita

1.4% $3.3

5.1.3. GDP Composition by Sectors

Main GDP Composition Elements

48,74%
50,00%

40,00%

30,00%
20,28%
20,00% 14,13%

10,00%

0,00%
Agriculture Industry Services
Pg. 70 Africa Business Directory - Ed. 2022

5.1.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Petroleum
✓ Petroleum,
✓ Natural gas ✓ Natural gas
✓ Natural gas,
✓ Light industries ✓ Iron ore
✓ Petroleum
✓ Mining phosphates
products
✓ Electrical ✓ Uranium
✓ Petrochemical ✓ Lead
✓ Food processing ✓ Zinc

5.1.5. Export & Import

Key Exports

20% 17%

13% 13%
15%
11%
10%
5,40% 4,90%
5%

0%
Pg. 71 Africa Business Directory - Ed. 2022

Key Imports

20,00% 17,90%
15%
15,00%

10,00%
6,61% 5,69%

5,00%

0,00%
China France Italy Germany

5.1.6. Contacts
Investment Promotion Agency

AGENCE NATIONALE DE DÉVELOPPEMENT DE L’INVESTISSEMENT

01 rue kaddour rahim, Hussein Dey (Alger).

Address

+213(0)23 73 85 80
Phone

+213(0)23 73 85 98
Fax

secretariat_dg@andi.dz
Email

https://andi.dz/
Website

Business Council & Associations

APAB ASSOCIATION DES PRODUCTEURS ALGERIENS DE BOISSONS

Résidence du 21ème siècle, Ain Allah Bt 3,Appt 01 Allah Bt

Address
3,Appt 01 16047 Dely Ibrahim
+213024725037
Phone
Pg. 72 Africa Business Directory - Ed. 2022

Fax

contact@apab-algerie.org
Email

http://www.apab-algerie.org
Website

SYNDICAT NATIONAL DU PATRONAT CITOYEN DU NUMERIQUE

08, Rue Sylvain Fourastier 16209 El Mouradia

Address

+2130770837658
Phone

Fax

contact@snpc.dz/
Email

http://www.snpc.dz/
Website

ORGANISATION NATIONALE DES PROMOTEURS IMMOBILIÈRS

Hai Zouatna villa n°93/94 les Vergers 16029 Birkhadem

Address

+213 23 53 49 73
Phone

+213 23 534973
Fax

secretariat@onpi-dz.org/
Email

http://www.onpi-dz.org/
Website

UNION GÉNÉRALE DES COMMERÇANTS & ARTISANS ALGÉRIENS

40-42, rue Larbi Ben M'hidi BP359 16100 Alger Centre

Address
Pg. 73 Africa Business Directory - Ed. 2022

+213 21 73 65 33
Phone

Fax

ugcaa.sg@gmail.com
Email

Website

CLUB DES ENTREPRENEURS & DES INDUSTRIELS DE LA MITIDJA

Avenue Mokhtar Kritli (Club Hippique) 09000 Blida

Address

+(213) 0674-67-87-86
Phone

+(213) 0674-67-87-86
Fax

contact@ceimi.org
Email

ceimi.org
Website

UNION ALGÉRIENNE DES SOCIÉTÉS D'ASSURANCE & DE RÉASSURANCE

Address 1, lot Said Hamdine, BP 226 RP, 16013 Bir Mourad Rais

+213 21 54 74 96
Phone

Fax

contact@ministerecommunication.gov.dz
Email

contact@uar.dz
Website

ASSOCIATION NATIONALE DES EXPORTATEURS ALGÉRIENS

Pg. 74 Africa Business Directory - Ed. 2022

Immeuble ALGEX (ex:Promex), Route Nationale N°5, Cinq

Address
Maisons, 16058 Mohammadia
+213 21 82 42 28
Phone

+213 21 824227
Fax

info@exportateur-algerie.org
Email

Website http://www.exportateur-algerie.org

5.2. Republic of Angola

5.2.1. About
Angola, officially the Republic of Angola (Portuguese: República de Angola), is
a country on the west coast of Southern Africa. It is the second-largest
Lusophone (Portuguese-speaking) country in both total area and population
(behind Brazil), and is the seventh-largest country in Africa. It is bordered by
Namibia to the south, the DR Congo to the north, Zambia to the east, and the
Atlantic Ocean to the west. Angola has an exclave province, the province of
Cabinda, that borders the Republic of the Congo and the Democratic
Republic of the Congo. The capital and most populated city is Luanda.

ANGOLA

Capital[01] Luanda

Southern Africa, bordering the South

Atlantic Ocean, between Namibia
Location[01]
and the Democratic Republic of the
Congo

Area[01] 1,246,700 sq km

Namibia, Zambia, Republic of Congo,

Border Countries[01]
Democratic Republic Congo
Pg. 75 Africa Business Directory - Ed. 2022

Petroleum, diamonds, iron ore,

Natural Resources[02] phosphates, copper, feldspar, gold,
bauxite, uranium
Semi-arid in south and along coast
Climate[01] to Luanda; north has cool, dry
season hot, rainy season

Population[03] 32,866,268 (2020 est.)

Portuguese (official), Bantu and

Languages[01]
other African languages
Ovimbundu 37%, Kimbundu 25%,
Ethnic Groups[01] Bakongo 13%, mestico 2%, European
1%, other 22%

GDP Growth Rate[04] -5.4% (2020 est.)

GDP per Capita[04] $1,0270 (2020)

Agriculture: 10.2%, industry: 61.4 and

GDP Composition/Sector[03]
services: 28.4% (2017 est.)
Agriculture: 85%, industry: 15% and
Labour Force/Occupation[02]
services: 15% (2021 est.)

Unemployment Rate[05] N/A

Unemployment 15-24 N/A

years[03]

GINI index[03] N/A

Population Below Poverty[03] 36.6% (2008 est.)

HDI[03] 0.581 (2017)

12.2% (2012 est.) Inflation has

averaged 2.12% from 2001 until 2019,
Inflation rate[03] reaching an all time high of 15.20
percent in August of 2008 and a
record low of -3.80% in April of 2017.
Pg. 76 Africa Business Directory - Ed. 2022

Crude oil, diamonds, refined

Export Commodities[01] petroleum products, coffee, sisal,
fish and fish products, timber, cotton
Bananas, sugarcane, coffee, sisal,
corn, cotton, cassava (manioc),
Agriculture Products[01]
tobacco, vegetables, plantains;
livestock, forest products, fish
Petroleum; diamonds, iron ore,
phosphates, feldspar, bauxite,
uranium, gold, cement, basic metal
Industries[06]
products, fish & food processing,
brewing, tobacco products, sugar;
textiles; ship repair

Public Debt[03] 57.9% of GDP (20202 est.)

Investment[04] 16.76% of GDP (2020 est.)

Trade Balance[06] $11.06 billion

5.2.2. Economic Overview

Angola is a country located on the North-Western quarter of SADC. The
country of 33 million people has a GDP of $105.75 billion USD. The Angolan
economy’s improved growth rate in recent years can be attributed to the high
international prices of oil. Angola is a member of OPEC and currently produces
1.71 million barrels of oil a day. Oil production and its supporting activities
contribute about 85% of the country’s GDP. Angola also produces diamonds,
these constitute 5% of the country’s exports. In the early parts of the 21st
century, the country’s economy grew by more than 17% each year. A postwar
reconstruction boom and resettlement of displaced persons has led to high
rates of growth in construction and agriculture as well. As a result of the
legacy of past conflicts and the economic impact they had, the government
of Angola continues to use credit lines from countries such as China, Portugal,
Brazil, Germany, and many others. China continues to be Angola’s biggest
trading partner, accounting for 61% of the country’s exports. Since the turn of
the millennium, the government has used billions of dollars in credit lines from
Pg. 77 Africa Business Directory - Ed. 2022

China, Brazil, Portugal, Germany, Spain, and the EU to rebuild Angola's public
infrastructure. The country of Angola has somewhat recovered from the
previous global recession that temporarily stalled economic growth.
Fluctuations in the prices for oil and diamonds pose a threat, hence Angola
like most oil-rich countries is working on diversifying its economy.

GDP Growth Rate GDP per Capita

-4% $6.7

5.2.3. GDP Composition by Sectors

Main GDP Composition Elements

70,00% 61,40%
60,00%
50,00%
40,00% 28,40%
30,00%
20,00% 10,20%
10,00%
0,00%
Agriculture Industry Services

5.2.4. Trade
Export Commodities Industries Natural Resources

✓ Fish, ✓ Petroleum; ✓ Petroleum

✓ Crude oil, ✓ Diamonds ✓ Diamonds
✓ Diamonds, ✓ Iron ore ✓ Iron ore
✓ Phosphates ✓ Phosphates
Pg. 78 Africa Business Directory - Ed. 2022

✓ Refined ✓ Feldspar ✓ Copper

petroleum ✓ Bauxite ✓ Feldspar
products, ✓ Uranium ✓ Gold
✓ Coffee, ✓ Gold ✓ Bauxite
✓ Sisal, ✓ Cement ✓ Uranium
✓ Fish and fish ✓ Basic metal
products, products
✓ Timber, ✓ Fish & food
✓ Cotton processing
✓ Brewing
✓ Tobacco
products
✓ Sugar;
✓ Textiles;
✓ Ship repair

5.2.5. Export & Import

Key Exports

70,00% 60,50%
60,00%
50,00%
40,00%
30,00%
20,00% 8,51%
5,26%
10,00%
0,00%
China India Thailand
Pg. 79 Africa Business Directory - Ed. 2022

Key Imports

23,80%
25,00%

20,00%
13,60%
15,00%

10,00%
4,57%
5,00%

0,00%
China Portugal US

5.2.6. Contacts
Investment Promotion Agency
ANIP (Agencia Nacional De investimentos Privados) (National Agency
for Private investment)
Rua Cerqueira Luquei, No. 25 Andar 9 Edificio do
Address
Ministerio da Industria, Luanda

Phone 00-244-2-391434

Fax

Email anip@multitel.co.ao

Website www.investinangola.com

Business Council & Associations

Angolan Industry Association (AIA)

Address Address: 6 Road Manuel F Caldeira, Luanda, Angola

Phone 33 8650
Pg. 80 Africa Business Directory - Ed. 2022

Fax

Email tiagogomes@ebonet.net

Website

Association of Angolan Entrepreneurs

Rede de Empresarios de Angola (REA) Rua N’gola

Address
Kiluange No.14-A Luanda

Phone 00 244 222 381248

Fax

Email vsoares@snet.co.ao

Website snet.co.ao

Angolan Chamber of Commerce & Industry

Address

Phone 00 244 91501818

Fax

tiagogomes@ebonet.net
Email

Website

Associacao Cassules Do Maculusso

SN Pct Lourenco M Conceicao, Luanda, Angola

Address
Pg. 81 Africa Business Directory - Ed. 2022

Phone +244 222 449 423

Fax

Email

https://amchamangola.glueup.com
Website

ADPA - Associação dos Paises Africanos P. Diamantes

R Aníbal Melo-LUANDA
Address

Phone +244 222 260 510

Fax

sec@adpa-diaf.org
Email

Website https://www.adpa-diaf.org
Website

Associação em Participação do Fucaúma

16/18 R João Seca-LUANDA

Address

Phone (+244) 225 420 300

Fax

fucauma@nexus.ao
Email

nexus.ao
Website

Associação em Participação do Luarica

Pg. 82 Africa Business Directory - Ed. 2022

25 R Ramalho Ortigão-LUANDA
Address

Phone

Fax

luarica@snet.co.ao
Email

Website snet.co.ao
Website

Globalmedia - Jornalistas Associados S.A.R.L.

66 R Lourenço Mendes Conceição-L

Address

Phone

Fax

Email semanarioagora@yahoo.com.br

Website

Gilbson Associar Import & Export

R Lueji Akonda-LUANDA
Address

+244 222 387 953

Phone

Fax

Email semanarioagora@yahoo.com.br

Website
Pg. 83 Africa Business Directory - Ed. 2022

Gilbson Associar Import & Export

Maianga, Luanda - Angola

Address

+244-222-693-800
Phone

Fax

Email baisede@bancobai.ao

bancobai.ao
Website

SBI Representative Office

66 R Lourenço Mendes Conceição-L

Address

00 244 222 327990

Phone

Fax

Email sbiangola@yahoo.co.in

Website

5.3. Republic of Benin

5.3.1. About
Benin, officially the Republic of Benin (French: République du Bénin) and
formerly known as Dahomey, is a country in West Africa. It is bordered by Togo
to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to
the north-east. The majority of its population lives on the small southern
coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost
tropical portion of the Atlantic Ocean. The capital of Benin is Porto-Novo, but
Pg. 84 Africa Business Directory - Ed. 2022

the seat of government is in Cotonou, the country's largest city and economic
capital. Benin covers an area of 114,763 square kilometers (44,310 sq. mi) and
its population is estimated to be approximately 12 million. Benin is a tropical
nation, highly dependent on agriculture, and is a large exporter of palm oil
and cotton. Substantial employment and income arise from subsistence
farming.

BENIN

Capital[01] Porto Novo

Western Africa, bordering the Bight

Location[01]
of Benin, between Nigeria and Togo

Area[01] 112,622 sq km

Border Countries[01] Burkina Faso, Niger, Nigeria, Togo

Small offshore oil deposits,

Natural Resources[02]
limestone, marble, timber
Tropical; hot, humid in south;
Climate[01]
semiarid in north
12,123,198 (2020 est.), the median age
Population[03]
is 18.4
French (official), Fon and yoruba and
Languages[01]
tribal languages
Fon, Adja, yoruba, Bariba, Peulh,
Ethnic Groups[01]
Ottamari, yoa Lopka, Dendi

GDP Growth Rate[04] 3.8% (2020 est.)

GDP per Capita[04] $1,291.30 (2020 est.)

Agriculture: 36%, Industry: 6.4%,

GDP Composition/Sector[03]
Services: 57.6%

Labour Force/Occupation[02] N/A

Unemployment Rate[05] N/A

Pg. 85 Africa Business Directory - Ed. 2022

Unemployment 15-24 3.9% (2020)

years[03]

GINI index[03] 37.8% (2020 est.)

Population Below Poverty[03] 38.5% (2019 est.)

HDI[03] 0.581 (2020 est.)

Inflation rate[03] 2.5% (2022 est.)

Cotton, cashews, shea butter,

Export Commodities[01]
textiles, palm products, seafood
Cotton, corn, cassava (manioc),
Agriculture Products[01] yams, beans, palm oil, peanuts,
cashews; livestock
Textiles, food processing,
Industries[06]
construction materials, cement

Public Debt[03] 46.10% of GDP (2020 est.)

Investment[04] 27.6% of GDP (2017 est.)

Trade Balance[06] $-2.05 billion

5.3.2. Economic Overview

Benin is a country located in West Africa on the Gulf of Guinea. The ECOWAS
country borders Togo, Burkina Faso, Niger and Nigeria’s. The Benin economy
remains largely based on subsistence agriculture, regional trade and
services. Crops planted in the country include cotton, palm oil and cassava
amongst others. The country’s top exports in order of revenue include Raw
Cotton, Coconuts, Brazil Nuts, and Cashews, Refined Petroleum, Gold and
Scrap Copper. The country exported a total of $630 million in 2017. Benin
however is a net importer of goods such as rice, motor vehicles and hair
products. Benin’s political situation remains stable but there is a risk of social
tensions. The country, with a population of 12 million people and a GDP of
$10.36 billion USD, has to make reforms that will make it an attractive
investment destination. Marginal growth should be expected in the 2019-2020
Pg. 86 Africa Business Directory - Ed. 2022

year, this as a result of the country’s bourgeoning port activity as well as

growth in the country’s cotton industry and the country’s public investment
projects. The country intends to boost its infrastructure projects. Benin is a
country with a lot of potentials and in the short to medium term plans to place
more emphasis on tourism, facilitate the development of new food
processing systems and agricultural products, and encourage new
information and communication technology. There are specific projects to
improve the business climate by reforms in the energy sector. A $375 million,
power-sector-focused compact with Benin entered into force in June 2017.
The compact includes the Millenium Challenge Corporation's largest
investment in solar power and its largest off-grid electrification project. The
MCC will help increase access to markets, land, justice, and financial services,
including a major modernization of the Port of Cotonou that has reduced port
costs, shortened wait times and boosted traffic at the regional commercial
hub. Cotton, a key export, continues to face the risk of flooding and has
suffered in times past. Benin has appealed for international assistance to
mitigate piracy against commercial shipping in its territory. Benin is one of
Africa’s most stable democracies, a key challenge that lies ahead is
managing the economic disparities that exist within the country. If the country
is to progress it will have to facilitate social cohesion especially in the northern
frontier that has seen clashes. It will also have to diversify its economy while
tackling cross border crime and terrorism.

GDP Growth Rate GDP per Capita

3.8% $1.291
Pg. 87 Africa Business Directory - Ed. 2022

5.3.3. GDP Composition by Sectors

Main GDP Composition Elements

47,90%
50,00%

40,00%
27,11%
30,00%
16,29%
20,00%

10,00%

0,00%
Agriculture Industry Services

5.3.4. Trade
Export Commodities Industries Natural Resources

✓ Textiles ✓ Small offshore oil

✓ Cotton,
✓ Food processing deposits
✓ Cashews,
✓ Construction ✓ Limestone
✓ Shea butter,
materials ✓ Marble
✓ Textiles,
✓ Cement ✓ Timber
✓ Palm products,
✓ Seafood
Pg. 88 Africa Business Directory - Ed. 2022

5.3.5. Export & Import

Key Exports

20% 18%

15%
11%
9% 8% 8%
10% 7%

5%

0%

Key Imports

30,00% 26,10%
25,00% 22,60%

20,00% 16,40%

15,00%

10,00% 4,88%
5,00% 0,80%

0,00%
Bengladesh United Arab India China Togo
Emirates

5.3.6. Contacts
Investment Promotion Agency
Investment benin

Address Cotonou Littoral BP 363 BENIN

Phone (229) 21 30 76 45

Fax (229) 21 30 30 24
Pg. 89 Africa Business Directory - Ed. 2022

Email commerce@ gouv.bj

Website commerce.gouv.bj

Business Council & Associations

ABPC (ASSOCIATION BENINOISE DES PSYCHOLOGUES CLINICIENS)

S/C 10 BP 875
Address
Cotonou - Bénin

Phone (+229) 69 68 58 66

Fax (+229) 94 34 98 86

Email abpcbenin@gmail.com

Website

CCOSC (CADRE DE CONCERTATION DES ORGANISATIONS DE LA SOCIETE

CIVILE)

Address Rue Saint-Louis Sène Abomey-Calavi - Bénin

Phone (+229) 97 25 78 18

Fax (+229) 64 85 34 68

Email

Website

CHAMBRE NATIONALE DES NOTAIRES DU BENIN

Address Carré 134 Joncquet 01 BP 3486 Cotonou - Bénin

Pg. 90 Africa Business Directory - Ed. 2022

Phone (+229) 21 35 14 02

Fax

Email contact@notairedubenin.org

Website http://www.notairedubenin.org/

FENAPAB (FEDERATION NATIONALE DES PRODUCTEURS D'ANACARDE DU

BENIN)
Résidence du CARDER, Von opposée à celle de l'église
Address Assemblée de Dieu temple Maranatha, Qtier Tranza BP
49 Parakou - Bénin

Phone (+229) 69 91 65 37

Fax (+229) 98 86 66 76

Email info@fenapab-benin.org/

Website info@fenapab-benin.org/

CONEB (CONFEDERATION NATIONLE DES EMPLOYEURS DU BENIN)

Address Lot 240 ZR Camp Guézo - 01 BP 22 Cotonou – Bénin

Phone (+229) 21 31 80 09

Fax

Email contact@coneb.africa

Website https://coneb.africa/
Pg. 91 Africa Business Directory - Ed. 2022

CONEB (CONFEDERATION NATIONLE DES EMPLOYEURS DU BENIN)

Address Lot 240 ZR Camp Guézo - 01 BP 22 Cotonou – Bénin

Phone (+229) 21 31 80 09

Fax

Email contact@coneb.africa

Website https://coneb.africa/

COOPERATIVE VOLAILLES DU BENIN

Address - 03 BP 1965 Abomey-Calavi - Bénin

Phone (+229) 98 80 42 27

Fax

Email contact@volaillesdubenin.com

Website https://www.volaillesdubenin.com/

FGA-BENIN (FONDS DE GARANTIE AUTOMOBILE)

Cité Houéyiho, allée centrale, à coté de la cité SBEE

Address
Houeyiho - 01 BP 4745 Cotonou 01 Cotonou - Bénin

Phone (+229) 21 38 40 71

Fax (+229) 21 04 53 00

Email fgabenin@yahoo.fr

Website https://www.fga-benin.com/
Pg. 92 Africa Business Directory - Ed. 2022

SENS BENIN (SOLIDARITES ENTREPRISES NORD-SUD)

7ème rue à droite en quittant l’Etoile rouge pour

Address AGONTIKON, rue 148 en face ECOBANK Agontinkon -
02 BP 1877 Cotonou - Bénin

Phone (+229) 21 32 61 43

Fax

Email contact.benin@solidarites-entreprises.org

Website https://www.solidarites-entreprises.org/

UBPHAR (UNION BENINOISE DE PHARMACIENS)

C/N° 646, Gbediga 2 Saint Jean - 01 BP 3629

Address
Cotonou - Bénin

Phone (+229) 21 30 30 50

Fax (+229) 21 30 34 80

Email contact@ubphar.com

Website https://www.ubphar.com/

URCPA-OP (UNION REGIONALE DES COOPERATIVES DE PRODUCTEURS

D'ANACARDE DE L'OUEME ET DU PLATEAU)

Address Olorun-Shogo Ketou - Bénin

Pg. 93 Africa Business Directory - Ed. 2022

Phone (+229) 97 76 78 36

Fax (+229) 94 45 64 48

Email

Website

5.4. Republic of Botswana

5.4.1. About
Botswana, officially the Republic of Botswana (Setswana: Lefatshe la
Botswana), is a landlocked country in Southern Africa. Botswana is
topographically flat, with up to 70 percent of its territory being the Kalahari
Desert. It is bordered by South Africa to the south and southeast, Namibia to
the west and north, and Zimbabwe to the north-east. It is connected to
Zambia across the short Zambezi River border by the Kazungula Bridge.

BOTSWANA

Capital[01] Gaborone

Location[01] Southern Africa, north of South Africa

Area[01] 581,730 sq km

Border Countries[01] South Africa, Namibia, Zimbabwe

Diamonds, copper, nickel, salt, soda

Natural Resources[02]
ash, potash, coal, iron ore, silver
Semi-arid; warm winters and hot
Climate[01]
summers

Population[03] 2,351,625 (2020 est.)

Pg. 94 Africa Business Directory - Ed. 2022

Setswana, Sekgalagadi, English,

Languages[01]
other

Ethnic Groups[01] Tswana, Kalanga, Basarwa, other

GDP Growth Rate[04] - 8.5% (2020 est.)

GDP per Capita[04] $6,404.9

Agriculture: 2.11%, industry: 27.53%,

GDP Composition/Sector[03]
services 65.18% (2020 est.)

Labour Force/Occupation[02] N/A

Unemployment Rate[05] 17.7% (2020 est.)

Unemployment 15-24 45.54% (2020)

years[03]

GINI index[03] 53.3(2015 est.)

Population Below Poverty[03] 14.5% (2015)

HDI[03] 0.735 (2019)

Inflation rate[03] 6.68 % (2021 est.)

Export Commodities[01] Diamonds, copper, nickel, soda ash,

Livestock, sorghum, maize, millet,

Agriculture Products[01]
beans, sunflowers, groundnuts
Diamonds, copper, nickel, salt, soda
Industries[06] ash, potash, coal, iron ore, silver,
livestock processing, textiles

Public Debt[03] 12.12% of GDP (2018 est.)

Investment[04] 28.9% of GDP (2018 est.)

Trade Balance[06] $-2.64B

Pg. 95 Africa Business Directory - Ed. 2022

5.4.2. Economic Overview

Botswana is a landlocked SADC country that borders South Africa, Namibia,
Zimbabwe and Zambia. Botswana is inundated with resources, particularly in
mining and livestock. Important exports from the country include livestock,
diamond, iron ore, silver, salt and textiles amongst other important exports.
Botswana is the world's largest producer of quality gem diamonds which
account for about 70% of exports by value. The country is an economic
success story. It is listed as one of the fastest-growing economies in the world,
averaging around about 5% per year. Botswana’s GDP in 2018 was $18.62
billion US dollars. The GDP value of the Southern African country represents
0.03% of the world economy. Like many countries, Botswana experienced a hit
during the Global Financial crisis with industrials shrinking by 30% as demand
for the country’s diamonds reduced. The economy has since recovered, with
GDP growth in Q2 of 2019 at 1.4%, a rise from the -1.5% in Q1. Botswana is a net
exporter of goods and services but as of July 2019 had a trade deficit of
$294.72 million USD in July 2019 from a surplus of $41.06 million USD in the
same month in 2018. The main reason for this is the fall in exports by 41.4% and
a lower shipment of diamonds by -49.2%. Botswana ranks as the country with
the least credit risk in Africa. Diamond mining contributes approximately 70%
to export earnings and this has been a major driver for the country’s
economic growth. The country’s reliance on a single main commodity in spite
of the existence of other key sectors such as agriculture, tourism, and financial
services was one of the key factors to the 2009 economic contraction. An
expected leveling off of the mining sector, as well as a transition to a services-
based economy, indicate long-term growth prospects.

GDP Growth Rate GDP per Capita

-8.5% $6,404.9
Pg. 96 Africa Business Directory - Ed. 2022

5.4.3. GDP Composition by Sectors

Main GDP Composition Elements

65,18%
70,00%
60,00%
50,00%
40,00%
27,53%
30,00%
20,00%
10,00% 2,11%

0,00%
Agriculture Industry Services

5.4.4. Trade
Export Commodities Industries Natural Resources

✓ Diamonds ✓ Diamonds
✓ Diamonds
✓ Copper ✓ Copper
✓ Copper
✓ Nickel ✓ Nickel
✓ Nickel
✓ Soda Ash ✓ Salt
✓ Soda ash
✓ Potash ✓ Soda Ash
✓ Coal ✓ Potash
✓ Iron Ore ✓ Coal
✓ Iron Ore ✓ Iron Ore
✓ Livestock ✓ Silver
Processing
✓ Textiles
Pg. 97 Africa Business Directory - Ed. 2022

5.4.5. Export & Import

Key Exports

25,00%
20,40% 19,70% 20%
20,00%

15,00% 12%

10,00% 6,04%
4,55%
5,00%

0,00%
United India Belgium South Singapore Israel
Arab Africa
Emirates

Key Imports

56,20%
60,00%

50,00%

40,00%

30,00%

20,00%
8,10% 7,57%
10,00%

0,00%
South Africa Namibia Belgium

5.4.6. Contacts
Investment Promotion Agency

Botswana Investment & Trade centre

CITE OULED HAMADA DEVISION 5 PROPRIETE 510 LOCAL

Address
4/5/6/7 Ouled Moussa, Boumerdes (35), Algérie

Phone +213024725037

Fax
Pg. 98 Africa Business Directory - Ed. 2022

Email contact@fmpagri.com/

Website http://www.fmpagri.com/

Business Council & Associations

Association of Consulting Engineers Botswana

Address

Phone +267 319 1297

Fax

Email Info@Aceb.Org.Bw

Website http://www.aceb.org.bw/

Botswana Nurses Union

Address 8WXG+2FP, Phiri, Gaborone, Botswana

Phone +267 395 3840

Fax

Email

Website

China General Business Association in Botswana

Unit D5, 20603 Ramakukane Orintal Plaza1,

Address
Gaborone, Botswana

Phone +267 73 888 886

Pg. 99 Africa Business Directory - Ed. 2022

Fax

Email

https://chamber-of-commerce-
Website
959.business.site/

BOTSWANA INSTITUTE FOR DEVELOPMENT POLICY ANALYSIS (BIDPA)

BIDPA Hse Plot 134 Millennium Office Par, k,

Address
Gaborone, Botswana

Phone +267 3971750

Fax +267 3971748

Email info@bidpa.bw

Website http://www.bidpa.bw/

BOTSWANA BANK EMPLOYEES UNION

Plot 547, South Ring Rd, Dilalelo Ext 4, P.O. Box: 111,
Address
Gaborone, Botswana

Phone +267 3905893

Fax

Email bobeu@btcmail.co.bw

Website

BOTSWANA MINE WORKERS UNION

Pg. 100 Africa Business Directory - Ed. 2022

Plot 3193 Union Hse, Meepo Rd, Selebi-Phikwe, P.O.

Address
Box: 14

Phone +267 2610693

Fax

Email letangrakwadi@yahoo.com

Website

BOTSWANA UNIFIED REVENUE SERVICE

Address Plot 53976, Kudumatse Dve, Gaborone, Botswana

Phone +267 363 8000

Fax

Email customerservice@mascom.bw

Website http://www.burs.org.bw/

5.5. Burkina Faso

5.5.1. About
Burkina Faso is a landlocked country in West Africa with an area of 274,200
square kilometres (105,900 sq mi), bordered by Mali to the northwest, Niger to
the northeast, Benin to the southeast, Togo and Ghana to the south, and the
Ivory Coast to the southwest. It has a population of 20 million. Previously called
Republic of Upper Volta (1958–1984), it was renamed Burkina Faso by
President Thomas Sankara. Its citizens are known as Burkinabè, and its capital
and largest city is Ouagadougou.
Pg. 101 Africa Business Directory - Ed. 2022

BURKINA FASO

Capital[01] Ouagadougou

Location[01] Western Africa, north of Ghana

Area[01] 274,200 sq km

Benin, Cote d’Ivoire, Ghana, Mali,

Border Countries[01]
Niger, Togo
Manganese, limestone, marble;
Natural Resources[02] small deposits of gold, phosphates,
pumice, salt
tropical; warm, dry winters; hot, wet
Climate[01]
summers

Population[03] 20,903,278 (2020 est.)

French (official) and native African

Languages[01]
languages
Mossi, Gurunsi, Senufo, Lobi, Bobo,
Ethnic Groups[01]
Mande, and Fulani

GDP Growth Rate[04] 1.9% (2020 est.)

GDP per Capita[04] $857.9 (2020 est.)

Agriculture: 18.4%, industry: 32.59%,

GDP Composition/Sector[03]
services: 40.83% (2020 est.)
Labour Agriculture: 90%, industry and
Force/Occupation[02] services10% (2000 est.)

Unemployment Rate[05] 4.8% (2021)

Unemployment 15-24 8.03% (2020)

years[03]

GINI index[03] 47.3 (2018)

Population Below Poverty[03] 40.1% (2019)

Pg. 102 Africa Business Directory - Ed. 2022

HDI[03] 0.316 (2019 est.)

Inflation rate[03] 1.96 % (2020 est.)

Export Commodities[01] Gold, cotton, livestock, textiles. gold

Cotton, peanuts, shea nuts, sesame,

Agriculture Products[01]
rice
Cotton lint, beverages, agricultural,
Industries[06]
soap, cigarettes

Public Debt[03] $3.7 billion (2021 est.)

Investment[04] 22.21 % of GDP (2019 est.)

Trade Balance[06] $56.70 millions

5.5.2. Economic Overview

Burkina Faso is a landlocked country that relies heavily on cotton and gold
exports for revenue. The country has few natural resources and a weak
industrial base. About 90% of the country’s 20 million population is engaged
in subsistence agriculture, which is vulnerable to periodic drought. Cotton is
the main cash crop. Burkina Faso has a GDP of $13, 80 billion USD and has
since the turn of the century embarked upon gradual privatization of state-
owned enterprises. Growth has been robust, averaging more than 6 percent
over the past two years. The activity has been supported by expansionary
fiscal policy, including from a boost to capital spending in 2017. Revenue has
not increased as expected and the wage bill has been rising. The country has
had to revise its investment code to attract foreign direct investment. As a
result of this new code and other legislation favoring the mining sector, the
country has seen an upswing in gold exploration and production. A decade
ago, gold became the main source of export revenue. Gold mining production
doubled during that period. Local community conflict persists in the mining
and cotton sectors, but the Prime Minister has made efforts to defuse some
of the economic causes of public discontent, including announcing income
tax reductions, reparations for looting victims, and subsidies for basic food
items and fertilizer. An IMF mission to Burkina Faso in October 2011 expressed
general satisfaction with the measures. The risk of a mass exodus of the 3 to
Pg. 103 Africa Business Directory - Ed. 2022

4 million Burkinabe who live and work in Cote d'Ivoire has dissipated and
trade, power, and transport links are being restored.

GDP Growth Rate GDP per Capita

7% $926

5.5.3. GDP Composition by Sectors

Main GDP Composition Elements

44,90%
50%

40% 31%

30% 23,90%

20%

10%

0%
Agriculture Industry Services

5.5.4. Trade
Export Commodities Industries Natural Resources

✓ Cotton Lint ✓ Manganese

✓ Gold
✓ Beverages ✓ Limestone
✓ Cotton
✓ Agricultural ✓ Marble;
✓ Livestock
✓ Soap ✓ Small Deposits of
✓ Textiles
✓ Cigarettes Gold
✓ Phosphates
Pg. 104 Africa Business Directory - Ed. 2022

✓ Pumice
✓ Salt

5.5.5. Export & Import

Key Exports

80%
80%

60%

40%

20% 7,74%
1,49%
0%
India Singapore
Switzerland

Key Imports

9,71%
10,00% 8,69%

8,00% 6,69%

6,00%
3,95%
4,00%
2,67%
1,92%
2,00%

0,00%
France Germany Ghana Ivory cost Belgium Togo

5.5.6. Contacts
Investment Promotion Agency

Invest Burkina
Pg. 105 Africa Business Directory - Ed. 2022

Ouaga 2000, Zone A, Avenue Pascal Zagré,03 BP

Address
7030 Ouagadougou 03 - Burkina Faso

Phone +226 25374449

Fax

Email info@investburkina.com

Website http://www.investburkina.com/index.php/fr/

Business Council & Associations

ABIPEJE

Address Ouagadougou - Burkina Faso

Phone (+226) 70 03 73 71

Fax

Email

Website https://abipeje.blogg.org/

ABSM (ALLIANCE DES FOURNISSEURS BURKINABE DE BIENS ET SERVICES

MINIERS)
Avenue de la Dignité, entre le station Petrofa Cissin
Address et le lycée privé Ridwane 02 BP 5483 Ouagadougou
02 Ouagadougou - Burkina Faso

Phone (+226) 25 41 96 91

Fax

Email info@absmburkina.org
Pg. 106 Africa Business Directory - Ed. 2022

Website https://www.absmburkina.org/

APSFD-BF (ASSOCIATION PROFESSIONNELLE DES SYSTEMES FINANCIERS

DECENTRALISES DU BURKINA FASO)
Avenue Ronsin, 1200 Logements 01 BP 5386
Address
Ouagadougou 01 Ouagadougou - Burkina Faso

Phone (+226) 25 36 13 78

Fax

Email apsfdbf@fasonet.bf

Website http://www.apsfd-burkina.bf/

ASSOCIATION SEMFILMS

Dassasgho, à 100 mètres du Lycée st Viateur (côté

Address ouest) 09 BP 1308 Ouagadougou 09 Ouagadougou
- Burkina Faso

Phone (+226) 25 36 53 60

Fax

Email info@semfilms.com

Website http://www.semfilms.org/

GPPI BURKINA (GROUPEMENT DES PROFESSIONNELS POUR LA PROMOTION

DE L'INVESTISSEMENT AU BURKINA)

Address Ouaga 2000

Ouagadougou - Burkina Faso
Pg. 107 Africa Business Directory - Ed. 2022

Phone (+226) 25 39 38 38

Fax

Email

Website

LA FABRIQUE

Address 12 BP 499, Ouagadougou 12

Phone (226) 70 26 08 95

🖨 Fax

Email contact@lafabrique-bf.com

Website lafabrique-bf.com

AIR BURKINA

29, Avenue de la Nation, Imm. Air Burkina

Address 01 BP 1459 Ouagadougou 01
Ouagadougou - Burkina Faso

Phone

Fax

Email contact@air-burkina.com/

Website https://www.air-burkina.com/
Pg. 108 Africa Business Directory - Ed. 2022

5.6. Republic of Burundi

5.6.1. About
Burundi, officially the Republic of Burundi (Kirundi: Repubulika y’Uburundi;
Swahili: Jamuhuri ya Burundi; French: République du Burundi), is a landlocked
country in the Great Rift Valley where the African Great Lakes region and East
Africa converge. It is bordered by Rwanda to the north, Tanzania to the east
and southeast, and the Democratic Republic of the Congo to the west; Lake
Tanganyika lies along its southwestern border. The capital cities are Gitega
and Bujumbura, the latter of which is the country's largest city.

BURUNDI

Capital[01] Bujumbura

Central Africa, east of Democratic

Location[01]
Republic of the Congo

Area[01] 27,830 sq km

Rwanda, Tanzania, Democratic Re-

Border Countries[01]
public of Congo
Nickel, uranium, rare earth oxides,
peat, cobalt, copper, platinum,
Natural Resources[02] vanadium, arable land, hydropower,
niobium, tantalum, gold, tin,
tungsten, kaolin, limestone
Equatorial; high plateau with
Climate[01]
considerable altitude variation

Population[03] 11,890,781 (2020 est.)

Kirundi (official), French (official),

Languages[01]
Swahili
Hutu, Tutsi, Twa, Europeans, South
Ethnic Groups[01]
Asians

GDP Growth Rate[04] 0.3% (2020 est.)

Pg. 109 Africa Business Directory - Ed. 2022

GDP per Capita[04] $239 (2020 est.)

Agriculture: 28.45%, industry: 10.68%,

GDP Composition/Sector[03]
services: 45.21% (2020 est.)
Agriculture: 93.6%, industry: 2.3%,
Labour Force/Occupation[02]
services 4.1% (2002 est.)

Unemployment Rate[05] 0.8 % (2020 est.)

Unemployment 15-24 3.25% (2020 est.)

years[03]

GINI index[03] 38.6 (2013)

Population Below Poverty[03] 70% (2019)

HDI[03] 0.43 (2019)

Inflation rate[03] 8.4% (2021 est.)

Export Commodities[01] Coffee, tea, sugar, cotton, hides

Wheat, barley, oats, grapes,

Agriculture Products[01]
olives,citrus, fruits, sheep, cattle
Coffee, cotton, tea, corn, sweet
Industries[06] potatoes, bananas, sorghum,
cassava (manioc), beef, milk, hides

Public Debt[03] 65.97% of GDP (2020 est.)

Investment[04] 11.38% of GDP (2020 est.)

Trade Balance[06] -$708 millions

5.6.2. Economic Overview

The country of Burundi is a landlocked country amid the African Great Lakes
region of East Africa. It is bordered by Rwanda to the north, Tanzania to the
east and southeast, and the Democratic Republic of the Congo to the west.
Burundi’s economy is predominantly agricultural and has an underdeveloped
Pg. 110 Africa Business Directory - Ed. 2022

manufacturing sector. As of 2018 agriculture was stated to contribute over

40% to the country’s GDP of $3.08 billion USD and was stated to employ over
90% of the population. Burundi mainly exports coffee, gold, niobium, tantalum,
vanadium, zirconium ore and raw lead. As of December 2018, the GDP growth
rate was at 3.8% a 0.2% rise from 3.6% of 2017. Exports contribute relatively a
small share to the GDP of Burundi. The GDP Annual Growth Rate in Burundi
averaged 2.76 percent from 1961 until 2018. The country’s imports are primarily
paid for by the revenue the country generates from its export of commodities.
Major challenges remain if the country is to make greater strides in its pursuit
for economic development. The challenges that exist range from the supply
of electricity, access to medication and access to food. Burundi has been
experiencing GDP growth over the past decade, with the only negative year
being 2015 where GDP shrunk by -0.5%. The country joined the East African
Community in 2007 and is working on making both economic and political
reforms to improve the lives of its 12 million citizens.

GDP Growth Rate GDP per Capita

0.3% $239
Pg. 111 Africa Business Directory - Ed. 2022

5.6.3. GDP Composition by Sectors

Main GDP Composition Elements

45,21%
50,00%

40,00%
28,45%
30,00%

20,00%
10,68%
10,00%

0,00%
Agriculture Industry Services

5.6.4. Trade
Export Commodities Industries Natural Resources

✓ Coffee ✓ Nickel
✓ Coffee,
✓ Cotton ✓ Uranium
✓ Tea,
✓ Tea ✓ Rare Earth Oxides
✓ Sugar,
✓ Corn ✓ Peat
✓ Cotton,
✓ Sweet Potatoes ✓ Cobalt
✓ Hides
✓ Bananas ✓ Copper
✓ Sorghum ✓ Platinum
✓ Cassava ✓ Vanadium
(Manioc) ✓ Arable Land
✓ Beef ✓ Hydropower
✓ Milk ✓ Niobium
✓ Hides ✓ Tantalum
✓ Gold
✓ Tin
✓ Tungsten
✓ Kaolin
✓ Limestone
Pg. 112 Africa Business Directory - Ed. 2022

5.6.5. Export & Import

Key Exports

33,60%
35,00%
30,00%
25,00%
20,00% 15,70%
15,00%
10,00% 4,47% 3,64%
5,00%
0,00%
United Arab Uganda Pakistan China
Emirates

Key Imports

20,00%
16,10%
15,00%
9,94%
10,00% 7,12% 7%
6,06% 5,53%
5,00%

0,00%
India China Kenya United Saudi Belgium
Arab Arabia
Emirates

5.6.6. Contacts
Investment Promotion Agency

Agence burundaise de promotion des investisseurs

Address 7057 Bujumbura-Burundi

Phone +257 22 27 59 96/97

Fax
Pg. 113 Africa Business Directory - Ed. 2022

Email contact@investburundi.bi

Website https://en.investburundi.bi/

Business Council & Associations

CFCIB

Address 16 Ave De La J.R.R, Bujumbura, Burundi

Phone

Fax

Email contact@cfcib.bi/

Website http://cfcib.bi/

Association des Parlementaires Burundais

Address 89 Bd de l'Uprona, Bujumbura, Burundi

Phone

Fax

Email contact@apb.info.bi/

Website https://apb.info.bi/

Collectif d’Associations des Médias au Burundi

Address J94F+4R5, Bujumbura, Burundi

Phone +25722218759
Pg. 114 Africa Business Directory - Ed. 2022

Fax

Email

Website https://contact@mdp.org.bi/

ABUC (ASSOCIATION BURUNDAISE DE CHIRURGIE)

Address J986+X63, Bujumbura, Burundi

Phone +257 76 601 607

Fax

Email info@abuc.org

Website http://abuc.org/

ANTEBBU (ASSOCIATION NATIONALE DES TECHNOLOGISTES BIOMEDICAUX

DU BURUNDI)

Address Kamenge Bujumbura - Burundi

Phone +25761702635

Fax

Email naswabdi@gmail.com

Website

Mama's for Burundi Association

Bujumbura, Centre de Formation Professionnelle de

Address
Kigobe
Pg. 115 Africa Business Directory - Ed. 2022

Phone (+257)-793-677-50

Fax

Email info@mamasforburundi.com

Website mamasforburundi.com

SWAA Burundi

Kigobe Nord, à côté de l’Université du Lac

Address Tanganyika, Commune NTAHANGWA BP 7219
Bujumbura, Burundi

Phone (00257) 22 24 87 09

Fax

Email direxecutive@swaaburundi.org

Website swaaburundi.org

ANSS Burundi Association

Quartier Kigobe Sud, Avenue MUHABO, N° 6 BP 4152

Address
Bujumbura, Burundi

Phone (00257) 22 23 92 32

Fax

Email anss_turiho@yahoo.fr

Website http://www.anssburundi.bi/
Pg. 116 Africa Business Directory - Ed. 2022

5.7. Republic of Cameroon

5.7.1. About
Cameroon (French: Cameroun), officially the Republic of Cameroon (French:
République du Cameroun), is a country in west-central Africa. It is bordered
by Nigeria to the west and north; Chad to the northeast; the Central African
Republic to the east; and Equatorial Guinea, Gabon and the Republic of the
Congo to the south. Its coastline lies on the Bight of Biafra, part of the Gulf of
Guinea and the Atlantic Ocean. The country is sometimes identified as West
African and other times as Central African, due to its strategic position at the
crossroads between West and Central Africa. Its nearly 25 million people
speak 250 native languages.

CAMEROON

Capital[01] Yaounde

Central Africa, bordering the Bight of

Location[01] Biafra, between Equatorial Guinea
and Nigeria

Area[01] 475,440 sq km

had, Central African Republic,

Border Countries[01]
Gabon, Nigeria, Equatorial Guinea
Petroleum, bauxite, iron ore, timber,
Natural Resources[02]
hydropower
Varies with terrain, from tropical
Climate[01] along coast to semiarid and hot in
north

Population[03] 26,545,864 (2020)

English (official), French (official)

Languages[01] and 24 major African language
groups
Highlanders, Bantu, Kirdi, Fulani,
Ethnic Groups[01]
Nigritic, other African
Pg. 117 Africa Business Directory - Ed. 2022

GDP Growth Rate[04] 0.5% (2022 est.)

GDP per Capita[04] $ 1,537.1 (2020 est.)

Agriculture: 17.38%, industry: 23.35%,

GDP Composition/Sector[03]
services: 51.98% (2020 est.)
Agriculture: 70%, industry: 13%,
Labour Force/Occupation[02]
services: 17% (2001 est.)

Unemployment Rate[05] 3.5% (2014 est.)

Unemployment 15-24 N/A

years[03]

GINI index[03] 46.6% (2014)

Population Below Poverty[03] 37.5% (2014 est.)

HDI[03] 0.563 (2019)

Inflation rate[03] 2.4% (2018 est.)

Crude oil and petroleum products,

Export Commodities[01] lumber, cocoa beans, aluminum,
coffee, cotton
Coffee, cocoa, cotton, rubber,
Agriculture Products[01] bananas, oilseed, grains, cassava
(manioc), livestock; timber
Petroleum production and refining,
aluminum production, food
Industries[06]
processing, light consumer goods,
textiles, lumber, ship repair

Public Debt[03] 43 % of GDP (2020 est.)

Investment[04] 23.76% of GDP (2018 est.)

Trade Balance[06] $-3.8 billion

Pg. 118 Africa Business Directory - Ed. 2022

5.7.2. Economic Overview

Cameroon is a country located in Central Africa. The country is bordered by
Nigeria to the west and north; Chad to the northeast; the Central African
Republic to the east; and Equatorial Guinea, Gabon and the Republic of the
Congo to the south. Like most African countries, Cameroon is endowed with
resources and counts; oil, cocoa, coffee, and cotton gas and timber among
it's resources. Cameroon has a market-based, diversified economy.
Cameroon's market-based, diversified economy allowed it for a brief period
post-independence, Cameroon was one of the best performing economies
in Sub-Saharan Africa. A culmination of factors which included the fall in the
price of commodities in the country’s post-independence period, such as the
overvaluation of the country’s currency as well economic mismanagement
led to the country’s challenges. Cameroon’s GDP currently sits at $38.5 billion
US dollars, testament to the many reforms that the country has taken. The
country launched a comprehensive poverty reduction strategy aimed at
meeting the Millenium Development Goals. This initiative has seen the country
make great strides in improving its economy. The GDP annual growth rate as
of Q1 2019 was 4.2%, a rise from the previous year’s GDP of 3.5%. The country
continues to suffer from the unequal distribution of wealth. The country
continues to rely on international debt instruments. The country currently is
struggling, as a result of a strained fiscus. Cameroon subsidizes electricity,
fuel and food. The country has most recently attracted foreign direct
investment but these sorts of investments will take time to come to fruition.

GDP Growth Rate GDP per Capita

0.5% $1,537
Pg. 119 Africa Business Directory - Ed. 2022

5.7.3. GDP Composition by Sectors

Main GDP Composition Elements

60,00% 51,98%

50,00%

40,00%

30,00% 23,35%
17,38%
20,00%

10,00%

0,00%
Agriculture Industry Services

5.7.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Petroleum
✓ Crude oil and
Production And ✓ Bauxite
petroleum
Refining ✓ Iron Ore
products
✓ Aluminum ✓ Timber
✓ Lumber
Production ✓ Hydropower
✓ Cocoa beans
✓ Food Processing
✓ Aluminum
✓ Light Consumer
✓ Coffee
Goods
✓ Cotton
✓ Textiles
✓ Lumber
✓ Ship Repair
Pg. 120 Africa Business Directory - Ed. 2022

5.7.5. Export & Import

Key Exports

18%
20% 15,60%
15%
8,53%
10% 4,40% 3,69% 2,97%
5%
0%

Key Imports

30%
30%

25%

20%

15%
8,61%
10%
3,77% 2,56%
5%

0%
China France India Netherlands

5.7.6. Contacts
Investment Promotion Agency

Investment Promotion Agency

Head office situated at Nouvelle route Bastos,

Address
opposite Bethesda hospital P.O BOX

Phone +237 656024600

Pg. 121 Africa Business Directory - Ed. 2022

Fax +237 670218630

Email inquiries@investincameroon.net

Website https://www.investincameroon.net/

Business Council & Associations

ASSOCIATION DES FABRICANTS ET DISTRIBUTEURS DES MATERIAUX DE
CONSTRUCTION DU CAMEROUN (ASFADIMACAM)

Address 25131 YAOUNDE

Phone +237) 222 20 18 03

Fax

Email ac_og@yahoo.fr

Website

ASSOCIATION NATIONALE DES PROFESSIONNELS DE LA COMMUNICATION

PUBLICITAIRE – ACCOR BU

Address BP. 1711 - DOUALA

Phone (+237) 233 42 29 74

Fax

Email contact@mediaplus.com

Website mediaplus.com

ASSOCIATION PROFESSIONNELLE DES ETABLISSEMENTS DE CREDIT DU

CAMEROUN (APECCAM)
Pg. 122 Africa Business Directory - Ed. 2022

Address 133 YAOUNDE

Phone

Fax

Email apeccam@camnet.cm

Website camnet.cm

CHAMBRE PROFESSIONNELLE DES EXPERTS TECHNIQUES DU CAMEROUN

Address 15397 DOUALA

Phone (+237) 233 37 66 80

Fax (+237) 233 37 94 43

Email salesdeelide@global.com

Website

GROUPEMENT DES ENTREPRISES EN ZONES FRANCHES INDUSTRIELLES

(GEZFI)

Address 925 DOUALA

Phone (+237) 667 14 68 25

Fax

Email onzfi@onzfi.org

Website onzfi.org
Pg. 123 Africa Business Directory - Ed. 2022

GROUPEMENT DES EXPORTATEURS DE CAFE CACAO DU CAMEROUN (GEX)

Address 12232 DOUALA

Phone (+237) 233 42 69 11

Fax

Email gex@iccnet2000.cm

Website iccnet2000.cm

OK FOODS

Address BP. 3033 – DOUALA

Phone (+237) 233 39 28 71

Fax (+237) 233 39 28 72

Email info@okfoods-cam.com

Website okfoods-cam.com

ENTREPRISE DU CAMEROUN (ECAM)

Address 685 Douala

Phone (+237) 233 13 72 41

Fax

Email contact@patronat-ecam.org

Website patronat-ecam.org
Pg. 124 Africa Business Directory - Ed. 2022

SYNDICAT NATIONAL DES PRODUCTEURS DE MANIOC DU CAMEROUN

(SYNAPROMAC)

Address 11734 YAOUNDE

Phone (+237) 222 22 34 44

Fax

Email synapromac@yahoo.fr

Website

5.8. Republic of Cape Verde

5.8.1. About
Cape Verde or Cabo Verde, officially the Republic of Cabo Verde, is an
archipelago and island country in the central Atlantic Ocean, consisting of ten
volcanic islands with a combined land area of about 4,033 square kilometers
(1,557 sq. mi). These islands lie between 600 to 850 kilometers (320 to 460
nautical miles) west of Cap-Vert, the westernmost point of continental Africa.
The Cape Verde islands form part of the Macaronesia ecoregion, along with
the Azores, the Canary Islands, Madeira, and the Savage Isles.

CAPE VERDE

Capital[01] Praia

Western Africa, group of islands in

Location[01] the North Atlantic Ocean, west of
Senegal

Area[01] N/A
Pg. 125 Africa Business Directory - Ed. 2022

Border Countries[01] N/A

Salt, basalt rock, limestone, kaolin,

Natural Resources[02]
fish, clay, gypsum
Salt, basalt rock, limestone, kaolin,
Climate[01]
fish, clay, gypsum

Population[03] 555,988 (2020 est.)

Languages[01] Portuguese (official), Crioulo

Ethnic Groups[01] Creole (Mulatto), African, European

GDP Growth Rate[04] -14.8% (2020 est.)

GDP per Capita[04] $3,064.3 (2020 est.)

Agriculture: 4.86%, industry: 23.09%,

GDP Composition/Sector[03]
services 58.86% (2020)
Labour N/A
Force/Occupation[02]

Unemployment Rate[05] 14% (2019 est.)

Unemployment 15-24 N/A

years[03]

GINI index[03] N/A

Population Below Poverty[03] 35% (2015)

HDI[03] 0.665 (2019)

Inflation rate[03] 3.8% (2020 est.)

Export Commodities[01] Fuel, shoes, garments, fish, hides

Bananas,corn, beans, sweet potato,

Agriculture Products[01]
sugarcane, coffee, peanuts; fish
Pg. 126 Africa Business Directory - Ed. 2022

Food and beverages, fish

Industries[06] processing, shoes and garments,
salt mining, ship repair

Public Debt[03] 157% of GDP (2021 est.)

Investment[04] 32.2% of GDP (2017 est.)

Trade Balance[06] $-646 million

5.8.2. Economic Overview

The country of Cape Verde with a population of 551,635 people is a small
island nation located in the Atlantic Ocean just off West Africa. Cape Verde
forms part of the Micronesia region. As a result of its size and its geography,
the island suffers from having a poor natural resource base. The country is
inundated with poor weather cycles on most of its islands and agriculture is
not commercially viable. As a result, Cape Verde’s economy is service-
oriented with commerce, transport, tourism, and public services accounting
for about three-fourths of GDP. Cape Verde’s GDP as of the end of 2018 was
1.99 billion USD compared to the 1.77 billion USD in 2017. The GDP growth in 2018
was 6.20%, a 1% increase when compared to the previous year. With about
35% of the country’s population living in rural areas, the share of food
production in the GDP is low. With agriculture not being completely viable, the
country has one significant advantage, its waters. The fishing potential of
lobster and tuna is not being fully exploited. Cape Verde’s geo-location is also
key to its development goals as it is located in the middle of the Atlantic
Ocean. This allows it to be a central logistical hub via its network of ports and
ship repair yards. Sound governance coupled with economic reforms as well
as a small population should see Cape Verde become an upper middle-
income country in the foreseeable future. In order to achieve this, its
government is working on promoting its private sector and attracting foreign
investment to diversify the economy and mitigate high unemployment.
Future prospects depend heavily on the maintenance of aid flows and the
encouragement of tourism, remittances. These will add momentum to the
government's development program.
Pg. 127 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

-14% $3,064

5.8.3. GDP Composition by Sectors

Main GDP Composition Elements

48,74%
50,00%

40,00%

30,00%
20,28%
20,00% 14,13%

10,00%

0,00%
Agriculture Industry Services

5.8.4. Trade
Export Commodities Industries Natural Resources

✓ Food and ✓ Salt

✓ Fuel,
beverages ✓ Basalt rock
✓ Shoes,
✓ Fish processing ✓ Limestone
✓ Garments,
✓ Shoes and ✓ Kaolin
✓ Fish,
garments ✓ Fish
✓ Hides
✓ Salt mining ✓ Clay
✓ Ship repair ✓ Gypsum
Pg. 128 Africa Business Directory - Ed. 2022

5.8.5. Export & Import

Key Exports

45%
50%
40%
40%

30%

20%
8%
10%

0%
Spain Portugal Netherlands

Key Imports

39,80%
40,00%

30,00%

20,00%
12,90%
9,11% 7,27%
10,00%

0,00%
Portugal Spain Netherlands China

5.8.6. Contacts
Investment Promotion Agency

Governo Cabo Verde

Address

Phone

Fax
Pg. 129 Africa Business Directory - Ed. 2022

Email peds@mf.gov.cv.

Website https://www.governo.cv/

Business Council & Associations

SOLMI (Associação de Apoio às Iniciativas de Auto-Promoção)

Address Praia

Phone (+238) 2618979

Fax

Email solmi@cvtelecom.cv

Website

Associação Cabo-Verdiana de Surdos

Address Praia

Phone (+238) 2623785

Fax

Email acsurdos.cv@gmail.com

Website

Associação Comunitária para Desenvolvimento de Calabaceira

Address PRAIA

Phone (+238) 2641626

Pg. 130 Africa Business Directory - Ed. 2022

Fax

Email andelino75@gmail.com

Website

Associação de Pais da Escola Secundária de Palmarejo

Address PRAIA

Phone (+238) 2627584

Fax

Email

Website

PRÓ PALMA - Associação Comunitária das Zonas Casa Lata, Fonton

e Palmarejo

Address PRAIA

Phone (+238) 9958841

Fax

Email faustinocardoso@gmail.com

Website

Associação dos Nacionais, Naturais e Simpatizantes de São Tomé e

Príncipe (ASTP)

Address CP. 1 – MINDELO

Pg. 131 Africa Business Directory - Ed. 2022

Phone (+238) 9923283

Fax

Email astp2.cv@hotmail.com

Website

Associação dos Profissionais de Secretariado de Cabo Verde –

APSCV

Address PRAIA

Phone (+238) 9988161

Fax

Email Maria.G.Tavares@cne.cv

Website

Associação para Convergência Artística CaboVerdiana - CONVARTE

Address PRAIA

Phone (+238) 9936946

Fax

Email Livio02@gmail.com

Website

Associação Amigos do Brasil – Associação dos Amigos para o

Desenvolvimento do Brasil
Pg. 132 Africa Business Directory - Ed. 2022

Address PRAIA

Phone (+238) 2628750

Fax

Email enunesdepina@gmail.com

Website

5.9. Central African Republic

5.9.1. About
The Central African Republic (CAR; Sango: Ködörösêse tî Bêafrîka; French:
République centrafricaine, RCA or Centrafrique) is a landlocked country in
Central Africa. It is bordered by Chad to the north, Sudan to the northeast,
South Sudan to the southeast, the DR Congo to the south, the Republic of the
Congo to the southwest, and Cameroon to the west.

CENTRAL AFRICA REPUBLIC

Capital[01] Bangui

Central Africa, north of Democratic

Location[01]
Republic of the Congo

Area[01] 622,984 sq km

Cameroon, Sudan, South Sudan,

Border Countries[01]
Chad, Republic of Congo
Diamonds, uranium, timber, gold, oil,
Natural Resources[02]
hydropower
Tropical; hot, dry winters; mild to hot,
Climate[01]
wet summers
Pg. 133 Africa Business Directory - Ed. 2022

Population[03] 4,829,764 (2020 est.)

French (official), Sangho, tribal

Languages[01]
languages
Baya, Banda, Mandjia, Sara, Mboum,
Ethnic Groups[01]
M’Baka, yakoma

GDP Growth Rate[04] 0.8% (2020 est.)

GDP per Capita[04] $492.8 (2020 est.)

Agriculture: 32.14%, industry: 20.7%,

GDP Composition/Sector[03]
services: 39.2% (2020)

Labour Force/Occupation[02] N/A

Unemployment Rate[05] 4.33% (2020 est.)

Unemployment 15-24 11.5%

years[03]

GINI index[03] 56.2 (2008)

Population Below Poverty[03] N/A

HDI[03] 0.39 (2019)

Inflation rate[03] 2.75% (2019 est.)

Export Commodities[01] diamonds, timber, cotton, coffee

Cotton, coffee, tobacco, manioc

Agriculture Products[01] (tapioca), yams, millet, corn,
bananas; timber
Gold and diamond mining, logging,
Industries[06]
brewing, sugar refining

Public Debt[03] 47.60 % of GDP (2020 est.)

Investment[04] N/A
Pg. 134 Africa Business Directory - Ed. 2022

Trade Balance[06] $-385.5 million

5.9.2. Economic Overview

The country of Central African Republic is a country in Central Africa. It is a
landlocked country bordered by Chad to the north, Sudan to the northeast,
South Sudan to the east, the Democratic Republic of the Congo to the south,
the Republic of the Congo to the southwest and Cameroon to the west. Over
the past decade the country with a population of 4,6 million has often been
classified as one of the world's least developed countries, with an estimated
annual per capita income of $492.8 PPP. The country’s GDP as of the end of
2018 was $2.38 billion USD. The country is a net importer and has a trade deficit
that is just over a third of exports to imports. The country imports include
refined petroleum, packaged medication as well as passenger and cargo
cars among many other goods. Central African Republic has a large
population that is sparsely located. The country is mainly agrarian, with most
of the country’s population engaging in subsistence farming. Principal food
crops include cassava, peanuts, sorghum, millet, maize, sesame, and
plantains. Principal cash crops for export include cotton, coffee, and tobacco.
In 2017, timber accounted for about 52% of export earnings and the diamond
industry for nearly 8.1%. In terms of government policy, the IMF has worked
closely with the government so as to put in place institutional reforms. In
terms of the political situation, the country is undergoing an internationally
supervised transition involving a constitutional referendum as well as
presidential and parliamentary elections. Coupled with this, the country
continues to combat security threats within its borders.

GDP Growth Rate GDP per Capita

0.8% $492
Pg. 135 Africa Business Directory - Ed. 2022

5.9.3. GDP Composition by Sectors

Main GDP Composition Elements

74%
80%

60%

40%
17%
20% 9%

0%
Agriculture Industry Services

5.9.4. Trade
Export Commodities Industries Natural Resources

✓ Gold and ✓ Diamonds

✓ Diamonds,
diamond mining ✓ Uranium
✓ Timber,
✓ Logging ✓ Timber
✓ Cotton,
✓ Brewing ✓ Gold
✓ Coffee
✓ Sugar refining ✓ Oil
✓ Hydropower
Pg. 136 Africa Business Directory - Ed. 2022

5.9.5. Export & Import

Key Exports

40%
40%
35% 29,40%
30%
25%
20%
15% 9,57%
10% 5,38%
3,55%
5%
0%
China United Arab Italy Belgium France
Emirates

Key Imports

15%
16%
14%
12%
9,59%
10% 7,70% 7,37%
8%
5,16%
6%
4%
2%
0%
France China Belgium Netherlands India

5.9.6. Contacts
Investment Promotion Agency
Ministère du Commerce
BP : 940 - Bangui - République Centrafricaine

Address 940 - Bangui - République Centrafricaine

Phone (236) 21.61.05.27

Fax
Pg. 137 Africa Business Directory - Ed. 2022

Email

Website https://www.commerce.gouv.cf/

Business Council & Associations

ASSOCIATION DES MAIRES DE CENTRAFRIQUE (AMCA)

Address Hôtel de Ville B.P. 789 Bangui, Centrafrique

Phone +236 7556 3162

Fax +236 7502 2224

Email mairie_bangui@yahoo.fr

Website

Internews Network Centrafrique

Address 9H94+79H, Bangui, République centrafricaine

Phone

Fax

Email info@internews.org

Website http://www.internews.org/

OASIS MEDIA

Address 1247, Bangui, République centrafricaine

Phone +23675299229
Pg. 138 Africa Business Directory - Ed. 2022

Fax

Email oasismediacinema@gmail.com

Website http://www.oasismediacinema.wordpress.com/

Association agropastotal de NDA

Address 9HV5+V7 Bangui, République centrafricaine

Phone +23672508497

Fax

Email

https://association-agropastotal-
Website
denda.business.site

5.10. The Republic of Chad

5.10.1. About
Chad (Arabic: ‫ تشاد‬Tšād, French: Tchad), officially known as the Republic of
Chad, is a landlocked country at the crossroads of North and Central Africa. It
is bordered by Libya to the north, Sudan to the east, the Central African
Republic to the south, Cameroon to the south-west, Nigeria to the southwest
(at Lake Chad), and Niger to the west. Chad has a population of 16 million, of
which 1.6 million live in the capital and largest city N'Djamena.

CHAD

Capital[01] N’Djamena
Pg. 139 Africa Business Directory - Ed. 2022

Location[01] Central Africa, south of Libya

Area[01] 1,284,000 sq km

Cameroon, Libya, Niger, Central

Border Countries[01]
African Republic, Sudan, Nigeria
Petroleum, uranium, natron, kaolin,
Natural Resources[02] fish (Lake Chad), gold, limestone,
sand and gravel, salt

Climate[01] Tropical in south, desert in north

Population[03] 16,425,859 (2020)

French (official), Arabic (official),

Languages[01] Sara (in south), more than 120
languages
Sara, Arab, Kanem Bornou, Mayo
Ethnic Groups[01]
Kebbi, Ouaddai, Hadjarai, Tandjile

GDP Growth Rate[04] -0.9% (2020 est.)

GDP per Capita[04] $ 659.3 (2020 est.)

Agriculture: 46.34%, industry: 15.79%,

GDP Composition/Sector[03]
services 43.82% (2020 est.)
Agriculture: 80% (2006 est.), industry
Labour Force/Occupation[02]
and services: 20% (2006 est.)

Unemployment Rate[05] 2.26%

Unemployment 15-24 N/A

years[03]

GINI index[03] N/A

Population Below Poverty[03] 42% (2019)

HDI[03] 0.398 (2019)

Pg. 140 Africa Business Directory - Ed. 2022

Inflation rate[03] 4.46% (2020 est.)

Export Commodities[01] Oil, cattle, cotton, gum arabic

Cotton, sorghum, millet, peanuts,

Agriculture Products[01] rice, potatoes, manioc (tapioca),
cattle, camels, sheep
Oil, cotton textiles, meatpacking,
Industries[06]
brewing

Public Debt[03] 47.91% of GDP (2020 est.)

Investment[04] 21.62% of GDP (2020 est.)

Trade Balance[06] $-294 million

5.10.2. Economic Overview

Chad is a landlocked country in North Central Africa. The country is bordered
by Libya to the north, Sudan to the east, the Central African Republic to the
south, Cameroon and Nigeria to the southwest, and Niger to the west. Chad’s
landlocked location results in high transportation costs for imported goods
and leads to a dependence on neighboring countries. Oil and agriculture,
which employ about 80% of the country's 16 million population, are key drivers
of Chad’s economy. Oil provides about 60% of export revenues, while cotton,
cattle, livestock, and gum arabic provide most of Chad's non-oil export
earnings. The services sector contributes, on average, less than one-third of
GDP and has attracted foreign investment mostly through
telecommunications and banking. Most of Chad’s fuel is provided by a single
domestic refinery, unanticipated shutdowns occasionally result in shortages.
As a result of this a black market exists for fuel. Chad as of the end of 2018 had
a GDP of $11.8 billion USD, a rise from the $9.98 billion USD. Though high oil
prices and strong local harvests have supported the country previously, the
fall in the price of oil as well as the risk of poor harvests have placed a strain
on the country’s fiscal standing. This has meant the government of Chad has
had to make scale-backs on its spending. Chad relies on foreign aid
assistance and foreign capital to meet its public and private sector
investment needs. For Chad to grow and fulfill its potential, the country should
Pg. 141 Africa Business Directory - Ed. 2022

improve on its infrastructure, human capacity, and lessen bureaucracy and

corruption.

GDP Growth Rate GDP per Capita

-0.9% $659

5.10.3. GDP Composition by Sectors

Main GDP Composition Elements

74%
80%

60%

40%
17%
20% 9%

0%
Agriculture Industry Services

5.10.4. Trade
Export Commodities Industries Natural Resources

✓ Oil ✓ Petroleum
✓ Oil,
✓ Cotton textiles ✓ Uranium
✓ Cattle,
✓ Meatpacking ✓ Natron
✓ Cotton,
✓ Brewing ✓ Kaolin
✓ Gum arabic ucts
✓ Fish (Lake Chad)
✓ Gold
Pg. 142 Africa Business Directory - Ed. 2022

✓ Limestone
✓ Sand and gravel
✓ Salt

5.10.5. Export & Import

Key Exports

39%
40%
35%
30% 24,40%
25%
20% 14,40%
15%
6,78%
10% 4,43%
5%
0%
United China Turkey United Arab India
States Emirates

Key Imports

29,40%
30,00%

25,00%
18,40%
20,00%

15,00%
9,82%
10,00% 5% 6,10%

5,00%

0,00%
China United Arab France United India
Emirates States

5.10.6. Contacts
Investment Promotion Agency

AVINORD ALGERIE (SARL)

Pg. 143 Africa Business Directory - Ed. 2022

Agence nationale des investissements et

Address
d’exportations

Phone Rue de Béguinage Ndjamena Tchad

Fax 322 52 52 35

Email

Website info@anie.td/

Business Council & Associations

African Youth in Agribusiness Organization

Address BP. 721 - N'DJAMENA

Phone +235 65 21 51 11

Fax

Email info@aya-chad.org

Website aya-chad.org

CCIAMA
Association Tchadienne des Investisseurs en Capital (ATIC)
BP 2800
Cité du 1er Décembre Radisson Blu
Quartier Sabangali, N’Djamena

Address

Phone (+235) 22 52 52 63

Fax

Email contact@cciama-tchad.com/
Pg. 144 Africa Business Directory - Ed. 2022

Website https://cciama-tchad.com/

Association Tchadienne des Investisseurs en Capital (ATIC)

Address BP. 3061 - N'DJAMENA

Phone (+235) 22 51 00 76

Fax (+235) 22 51 06 86

https://atic-
Email tchad.org/index.html#contactinfo@atic
-tchad.org

Website http://atic-tchad.org/

L'association Professionnelle Tchadienne des Etablissements de MicroFinance

Address N'DJAMENA

Phone (+235) 63 99 93 89

Fax

Email contact@am-globaltradam.com

Website http://am-globaltradam.com

Association des Coopératives d’Epargne et de Crédit

Address BP. 151 – MOUNDOU

Phone +243 894 326 760

Pg. 145 Africa Business Directory - Ed. 2022

Fax

Email

Website

5.11. Union of the Comoros

5.11.1. About
The Comoros, officially the Union of the Comoros, is an archipelagic country
in the Indian Ocean, at the northern end of the Mozambique Channel off the
eastern coast of Africa. It shares maritime borders with Madagascar and
Mayotte to the southeast, Tanzania to the northwest, Mozambique to the west,
and the Seychelles to the northeast. Its capital and largest city is Moroni. The
religion of the majority of the population, and the official state religion, is Sunni
Islam. As a member of the Arab League, it is the only country in the Arab world
which is entirely in the Southern Hemisphere. It is also a member state of the
African Union, the Organisation internationale de la Francophonie, the
Organisation of Islamic Cooperation, and the Indian Ocean Commission. The
country has three official languages: Comorian, French and Arabic.

COMOROS

Capital[01] Comoros

Location[01] Moroni

Southern Africa, group of islands at

Area[01] the northern mouth of the
Mozambique Channel

Border Countries[01] 2,235 sq km

Natural Resources[02] N/A

Climate[01] Negligible
Pg. 146 Africa Business Directory - Ed. 2022

Tropical marine, rainy season

Population[03]
(November to May)

Languages[01] 869,595 (2020 est.),

Arabic (official), French (official),

Ethnic Groups[01]
Shikomoro
Antalote, Cafre, Makoa, Oimatsaha,
GDP Growth Rate[04]
Sakalava

GDP per Capita[04] -0.1% (2020 est.)

GDP Composition/Sector[03] $ 1,420.7 (2020 est.)

Agriculture: 47.7%, industry: 11.8%,

Labour Force/Occupation[02]
services: 40.5% (2018 est.)
Agriculture: 80%, industry and
Unemployment Rate[05]
services: 20% (1996 est.)
Unemployment 15-24 3.71% (2018 est.)
years[03]

GINI index[03] 8.47% (2018 est.)

Population Below Poverty[03] 45.3 (2014 est.)

HDI[03] 42.4% (20135)

Inflation rate[03] 0.4 (2020.)

Export Commodities[01] N/A

Agriculture Products[01] N/A

Industries[06] N/A

Public Debt[03] N/A

Investment[04] 47.34% of GDP (2020 est.)

Trade Balance[06] 30% of GDP (2020 est.)

Pg. 147 Africa Business Directory - Ed. 2022

5.11.2. Economic Overview

Comoros is made up of three islands, a young and rapidly increasing
population of 850,886 citizens and few natural resources. Comoros is a
volcanic archipelago off Africa’s east coast. The Comoros, with an estimated
gross domestic product (GDP) per capita income of about $1,420.7 USD, is
among the world's poorest and least developed nations. The country derives
most of its revenue from agricultural activity in spite some of its archipelagos
not being suited for agriculture. Although most Comorians are involved in
subsistence farming and fishing, Comoros is not self-sufficient in food
production. Rice the main staple food is imported. One of the impediments to
Comoros economic development is the educational level of the labour force.
This factor contributes to a subsistence level of economic activity. As a result
of Comoros economic and geographic disposition, the country is heavily
reliant on foreign aid and technical assistance. Agricultural productivity is
extremely low, and cultivation methods are rudimentary. Agricultural activity
employs 30% of the population. Most production in the country is of ylang-
ylang- a flower used in many high end cosmetics and perfumes. In order for
Comoros to reach its economic growth targets it will have to invest in
upgrading the country’s education system, privatize commercial and
industrial enterprises, improve health services, diversify exports while
promoting tourism in the country. The country has a fairly stable political
environment but there is unrest with regards to the state of the economy.
Political problems have inhibited growth, which averaged only about 2.56% in
the period 2009-2018. In 2014 the economy only managed a 0.6% GDP growth-
an unsustainable figure for the small island nation. When the country
experienced its worst state in terms of liquidity, it had to get remittances to
supplement GDP from 150,000 Comorians abroad. It is believed the
referendum to overhaul the system of a rotating presidency among the
islands will bring great stability to the island nation. Despite the political
uncertainty related to the referendum and early elections, economic growth
remained steady at 2.8% in 2018. Improved reliability of the electricity supply
and increased competitiveness in the telecoms sector have been the primary
reasons of this growth. Lending to the private sector, however, was lethargic,
growing by only 5.1% in 2018. This can be attributed to the problems of the
financial sector, which is coping with large numbers of non-performing loans,
a shortage of bank liquidity and governance problems at the Government-
owned Postal Bank.
Pg. 148 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

3.8% $1,391

5.11.3. GDP Composition by Sectors

Main GDP Composition Elements

50%
50%
40%
40%

30%

20%
10%
10%

0%
Agriculture Industry Services

5.11.4. Trade
Export Commodities Industries Natural Resources

✓ N/A ✓ Negligible
✓ Vanilla,
✓ Ylang-ylang
(perfume
essence),
✓ Cloves
Pg. 149 Africa Business Directory - Ed. 2022

5.11.5. Export & Import

Key Exports

30,00% 26%

25,00% 22,50%

20,00%

15,00% 12,10%
9,16%
10,00% 6,87%

5,00%

0,00%
Greece France Germany India Turkey

Key Imports

15,90% 15,40%
16,00%
14,00% 12,70%
12,00% 9,87%
10,00%
6,54%
8,00%
6,00%
4,00%
2,00%
0,00%
United Arab France China Pakistan India
Emirates

5.11.6. Contacts
Investment Promotion Agency

ANPI

Address Rond point Salimamoud

Phone en face du Croissant Rouge

Fax +269 773 84 91

Pg. 150 Africa Business Directory - Ed. 2022

Email

Website infos@investcomoros.net

Business Council & Associations

Syndicat National des Agriculteurs Comoriens

Address 2504 Moroni

Phone +269 73.17.77

Fax

Email snac-fm@snpt.km

Website snpt.km

Mouvement des Entreprises Comoriennes (MODEC)

Address Moroni

Phone +(269)3593161

Fax

Email

Website contact@modec-km.com

OPACO,organisation patronale des entreprises des Comores

Address MORONI

Phone +269 367 91 57

Pg. 151 Africa Business Directory - Ed. 2022

Fax

Email nouvelle.opaco@gmail.com.

Website

SYNACO syndicat national des commerçants comoriens.

Address MORONI

Phone +(269)4493161

Fax

Email SYNACO@modec-km.com

Website

5.12. Republic of the Congo

5.12.1. About
The Republic of the Congo (French: République du Congo, Kituba: Repubilika
ya Kôngo), also known as Congo-Brazzaville, the Congo Republic or simply
either Congo or the Congo, is a country located in the western coast of Central
Africa. The country is bordered to the west by Gabon, to its northwest by
Cameroon and its northeast by the Central African Republic, to the southeast
by the DR Congo, to its south by the Angolan exclave of Cabinda and to its
southwest by the Atlantic Ocean. French is the official language of the
Republic of the Congo.

CONGO

Capital[01] Congo
Pg. 152 Africa Business Directory - Ed. 2022

Location[01] Brazzaville

Central Africa, bordering the South

Area[01] Atlantic Ocean, between Angola and
Gabon

Border Countries[01] 342,000 sq km

Angola, Cameroon, Democratic

Natural Resources[02]
Republic of Congo, Gabon
Petroleum, timber, potash, lead, zinc,
uranium, copper, phosphates, gold,
Climate[01]
magnesium, natural gas,
hydropower
Tropical, rainy season (March to
Population[03]
June), dry season (June to October)

Languages[01] 5,518,092 (2020 est.)

French (official), Lingala and

Ethnic Groups[01]
Monokutuba, many local languages
Kongo, Sangha, M’Bochi, Teke,
GDP Growth Rate[04]
Europeans and other

GDP per Capita[04] 7.9% (2020 est.)

GDP Composition/Sector[03] $556,81 (2020 est.)

Agriculture: 8.9%, industry: 50.8%,

Labour Force/Occupation[02]
services: 40.3% (2019)

Unemployment Rate[05] N/A

Unemployment 15-24 10.27% (2020 est.)

years[03]

GINI index[03] 42.7% (2020 est.)

Population Below Poverty[03] 48.9% (2011 est.)

Pg. 153 Africa Business Directory - Ed. 2022

HDI[03] 40.9% (2011 est.)

Inflation rate[03] 0.58 (2018 est.)

Export Commodities[01] 3.6% (2020 est.)

Petroleum, lumber, plywood, sugar,

Agriculture Products[01]
cocoa, coffee, diamonds
Cassava (tapioca), sugar, rice, corn,
Industries[06] peanuts, vegetables, coffee, cocoa,
forest products
Petroleum extraction, cement,
Public Debt[03] lumber, brewing, sugar, palm oil,
soap, flour, cigarettes

Investment[04] 66.38% of GDP (2020 est.)

Trade Balance[06] 39.4% of GDP (2012 est.)

5.12.2. Economic Overview

The Congo Republic is a country in Central Africa. The country neighbours the
DRC and it's capital Brazzaville lies across the Congo and neighbouring DRC’s
capital Kinshasa. The economy of Congo is supported by a mixture of
subsistence agriculture, and industrial activity in oil and supporting industries.
In Congo the GDP growth averages 5% annually, one of the highest rates in
Africa. The Congo Republic’s GDP as of 2018 is at $47.23 billion USD.
Characterized by budget problems and overstaffing, the government has
mortgaged a substantial portion of its oil earnings through oil-backed loans
that have contributed to a growing debt burden and chronic revenue
shortfalls. Economic reform efforts have been undertaken with the support of
international organizations, notably the World Bank and the IMF. The current
administration presides over an uneasy internal peace process and faces
difficult economic challenges of stimulating recovery and reducing poverty.
The drop in oil prices during the global crisis reduced oil revenue by about
30%, but the subsequent recovery of oil prices has boosted the economy's
GDP and near-term prospects. The country continues to benefit from the
World Bank and the International Monetary Fund (IMF) approved Heavily
Pg. 154 Africa Business Directory - Ed. 2022

Indebted Poor Countries (HIPC) loans. The Congo Republic has a population
of 5,6 million and the country’s social and political outlook is fairly stable.

GDP Growth Rate GDP per Capita

1.3% $448

5.12.3. GDP Composition by Sectors

Main GDP Composition Elements

54%
60%

50%

40%
29%
30%
17%
20%

10%

0%
Agriculture Industry Services

5.12.4. Trade
Export Commodities Industries Natural Resources

✓ Aluminum ✓ Coal
✓ Aluminum,
✓ Petroleum ✓ Titanium
prawns,
products ✓ Natural gas
✓ Cashews,
✓ Chemicals ✓ Hydropower
✓ Sugar,
(fertilizer ✓ Tantalum
✓ Citrus,
✓ Soap ✓ Graphite
✓ Timber;
Pg. 155 Africa Business Directory - Ed. 2022

✓ Bulk electricity ✓ Paints)

cotton ✓ Textiles
✓ Cement
✓ Glass
✓ Asbestos
✓ Tobacco
✓ Food
✓ Beverages

5.12.5. Export & Import

Key Exports

13%
14%
12%
10%
7%
8%
6% 3,55%
4%
2%
0%
India China South Africa

Key Imports

37%
40%
35%
30%
25%
20%
15%
7% 7% 6%
10% 4%
5%
0%
South Africa China United Arab India Portugal
Emirates
Pg. 156 Africa Business Directory - Ed. 2022

5.12.6. Contacts
Investment Promotion Agency

Agence de promotion de l’investissement du congo

Address

Phone

Fax

Email contact@apicongo.org

Website https://www.apicongo.org/

Business Council & Associations

APEC CONGO

Address Boulevard Denis SASSOU NGUESSO, C/O BGFIBank

Phone (+242) 06 676 19 65

Fax

Email infos@apec-congo.org

Website https://www.apec-congo.org

APCA CONGO (ASSOCIATION PROFESSIONNELLE DES CONTROLEURS

AERIENS DU CONGO)
Aeroport Maya-Maya Brazzaville - Congo-
Address
Brazzaville

Phone (+242) 056 02 12 81

Fax
Pg. 157 Africa Business Directory - Ed. 2022

Email info@apca-congo.atwebpages.com

Website apca-congo.atwebpages.com

Association congolaise pour le développement agricole ( AGRIDEV)

Address Quartier la Milice, Villa 43 B

Phone Avenue de l’OUA, Makélékélé

Fax +242 06 666 35 88

Email

Website contact@pcpacongo.org/

CRCI

Address TOUR NABEMBA – BRAZZAVILLE

Phone (+242) 05 525 85 00

Fax

Email contacts@congobrazzainvest.com

Website https://www.congobrazzainvest.com/

ADES (ALTERNATIVE DU DEVELOPPEMENT ECONOMIQUE ET SOCIAL)

Address BP.1 – BRAZZAVILLE

Phone (+242) 066 26 40 40

Pg. 158 Africa Business Directory - Ed. 2022

Fax

Email

Website

5.13. Republic of Cote d'Ivoire

5.13.1. About
Ivory Coast, also known as Côte d'Ivoire, officially the Republic of Côte d'Ivoire,
is a country on the southern coast of West Africa. Its political capital is
Yamoussoukro, in the centre of the country; while its largest city and
economic centre is the port city of Abidjan. It borders Guinea to the northwest,
Liberia to the west, Mali to the northwest, Burkina Faso to the northeast, Ghana
to the east, and the Gulf of Guinea (Atlantic Ocean) to the south. Its official
language is French, and indigenous languages are also widely used,
including Bété, Baoulé, Dioula, Dan, Anyin, and Cebaara Senufo. In total, there
are around 78 different languages spoken in Ivory Coast. The country has a
religiously diverse population, including numerous followers of Christianity,
Islam, and indigenous faiths.

COTE D’IVOIRE

Capital[01] Yamoussoukro

Western Africa, bordering the North

Location[01] Atlantic Ocean, between Ghana and
Liberia

Area[01] 322,463 sq km

Burkina Faso, Ghana, Guinea, Liberia,

Border Countries[01]
Mali
Petroleum, natural gas, diamonds,
Natural Resources[02]
manganese, iron ore, cobalt, bauxite,
Pg. 159 Africa Business Directory - Ed. 2022

copper, gold, nickel, tantalum, silica

sand, clay, cocoa beans, coffee,
palm oil, hydropower
Tropical along coast, semiarid in far
Climate[01]
north; three seasons

Population[03] 26,378,275 (2020 est.)

Languages[01] French (official), 60 native dialects

Akan, Voltaiques, Northern and

Ethnic Groups[01]
Southern Mandes

GDP Growth Rate[04] 2% (2020 est.)

GDP per Capita[04] $2,32 (2020 est.)

Agriculture: 21.39%, industry: 20.86%,

GDP Composition/Sector[03]
services: 42.13% (2020 est.)
Labour Agriculture: 70%, industry and
Force/Occupation[02] services: NA% (2015 est.)

Unemployment Rate[05] N/A

Unemployment 15-24 N/A

years[03]

GINI index[03] 37.2 (2018)

Population Below Poverty[03] 50.9% (2016)

HDI[03] 0.4 (2020)

Inflation rate[03] 2.4% (2020 est.)

Cocoa, coffee, timber, petroleum,

Export Commodities[01] cotton, bananas, pineapples, palm
oil, fish
Coffee, cocoa beans, bananas, palm
Agriculture Products[01]
kernels, corn, rice, cassava (manioc),
Pg. 160 Africa Business Directory - Ed. 2022

sweet potatoes, sugar, cotton,

rubber, timber
Foodstuffs, beverages, wood
products, oil refining, gold mining,
Industries[06] truck and bus assembly, textiles,
fertilizer, building materials,
electricity

Public Debt[03] 47.03% of GDP (2020 est.)

Investment[04] 22.1% of GDP (2020 est.)

Trade Balance[06] $1.27 billion

5.13.2. Economic Overview

Cote d'Ivoire is located in West Africa. The country borders Ghana, Liberia,
Guinea, Mali, and Burkina Faso. Cote d’Ivoire’s economy is heavily dependent
on agriculture and agriculture-related activities. Ivory Coast is a unique
country as it holds the mantle of the world's largest producer and exporter of
cocoa beans. It also is a significant producer and exporter of coffee and palm
oil. Consequently, the economy is highly sensitive to fluctuations in
international prices for these products. Cocoa, oil, and coffee are the country's
top export revenue earners, but the country is also producing gold. The
country with a population of 26,3 million people has a GDP per capita of 2,235
USD. In order for Cote d’Ivoire to fulfill its potential, the country will have to
address its infrastructure deficit. Power cuts through the possibility of a
turbine failure continue to be a threat to the economy. Cote d'Ivoire has
signed agreements to restructure its Paris Club bilateral, other bilateral, and
London Club debt. Cote d'Ivoire's long-term challenges include political
instability and degrading infrastructure. Almost a decade ago, Cote d'Ivoire's
economy was recovering from a severe downturn of the first quarter of the
year that was caused by widespread post-election fighting. This remains a
threat to the country’s stability.
Pg. 161 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

2% $2,325

5.13.3. GDP Composition by Sectors

Main GDP Composition Elements

50,00% 42,13%

40,00%

30,00% 21,39% 20,86%

20,00%

10,00%

0,00%
Agriculture Industry Services

5.13.4. Trade
Export Commodities Industries Natural Resources

✓ Foodstuffs ✓ Petroleum
✓ Cocoa, coffee,
✓ Beverages ✓ Natural gas
✓ Timber,
✓ Wood products ✓ Diamonds
petroleum,
✓ Oil refining ✓ Manganese
✓ Cotton,
✓ Gold mining ✓ Iron ore
✓ Bananas,
✓ Truck and bus ✓ Cobalt
✓ Pineapples,
assembly ✓ Bauxite
✓ Palm oil,
✓ Textiles ✓ Copper
✓ Fish
Pg. 162 Africa Business Directory - Ed. 2022

✓ Fertilizer ✓ Gold
✓ Building ✓ Nickel
materials ✓ Tantalum
✓ Electricity ✓ Silica sand
✓ Clay
✓ Cocoa beans
✓ Coffee
✓ Palm oil
✓ Hydropower

5.13.5. Export & Import

Key Exports

14,00% 12,60%
12,00%
10,00% 8,22% 8,27%
7,83%
8,00%
6,00% 3,86%
3,13%
4,00%
2,00%
0,00%

Key Imports

23%
25,00%

20,00%

15,00% 12%
8,95%
10,00%
4,97%
5,00%

0,00%
Nigeria France China India
Pg. 163 Africa Business Directory - Ed. 2022

5.13.6. Contacts
Investment Promotion Agency

CENTREDEPROMOTION DES INVESTISSEMENTS EN COTE D’IVOIRE

2e étage Immeuble MEMANOU Boulevard Clozel,

Address Plateau – Abidjan (Direction générale) Plateau -
Abidjan

Phone +225 27 20 31 14 00

Fax +225 27 20 31 14 09

Email infos.cepici@cepici.ci

Website https://www.cepici.gouv.ci/

Business Council & Associations

ADVCI (ASSOCIATION POUR LE DEVELOPPEMENT DES CULTURES VIVRIERES
INTENSIVES)
Rue des Jardins - Deux-plateaux - Vallon Cocody -
Address
28 BP 840 Abidjan 28 Abidjan - Côte d’Ivoire

Phone (+225) 27 22 41 58 31

Fax (+225) 27 22 41 52 67

Email contact@adcvi.com

Website https://www.adcvi.com/

CGE CI (CONFEDERATION GENERALE DES ENTREPRISES DE CÔTE D'IVOIRE)

Avenue Lamblin, La Maison de l'Entreprise Plateau

Address
- 01 BP 8666 Abidjan 01 Abidjan - Côte d’Ivoire
Pg. 164 Africa Business Directory - Ed. 2022

Phone (+225) 27 20 30 08 20

Fax

Email cgeci@cgeci.ci

Website cgeci.com/

FEDINCI (FEDERATION DES INVENTEURS ET INNOVATEURS DE COTE D'IVOIRE)

Imm de l'industrie, 1er Etage Plateau Abidjan - Côte

Address
d’Ivoire

Phone

Fax (+225) 25 20 00 88 38

Email

Website contact@fedinci.org

FIPME (FEDERATION IVOIRIENNE DES PETITES ET MOYENNES ENTREPRISES)

Derrière la polyclinique des II Plateaux

Address Cocody - 06 BP 212 Abidjan 06
Abidjan - Côte d’Ivoire

Phone (+225) 27 22 41 20 17

Fax

Email secretariat@fipme.ci

Website http://www.fipme.ci/
Pg. 165 Africa Business Directory - Ed. 2022

GIBTP (GROUPEMENT IVOIRIEN DU BATIMENT ET DES TRAVAUX PUBLICS)

Cité BAD, Lot 1606 - Riviera Bonoumin Cocody

Address
Abidjan - Côte d’Ivoire

Phone (+225) 27 22 43 77 91

Fax (+225) 27 22 43 77 95

Email gibtp@gibtp.org

Website https://gibtp.ci/

INTERCOTON

Rue des Jardins, lot N°156 - Deux-plateaux - Vallon

Address Cocody - 17 BP 988 Abidjan 17 Abidjan - Côte
d’Ivoire

Phone (+225) 48 86 94 87

Fax

Email intercot@aviso.ci

Website https://www.intercoton.org/

OISA (ORGANISATION INTERNATIONALE DE LA SANTE AFRICAINE)

Address Gonzagueville Port-Bouet Abidjan - Côte d’Ivoire

Phone (+225) 05 44 53 22 39

Fax (+225) 07 47 70 76 33

Email info@oisa-ci.org/
Pg. 166 Africa Business Directory - Ed. 2022

Website http://www.oisa-ci.org/

ONG ABONDANCE LIFE

Rue AB center - Abatta Cocody Abidjan - Côte

Address
d’Ivoire

Phone (+225) 27 21 29 76 84

Fax

Email contact@abondancelife.org

Website https://www.abondancelife.org/

REFTPH (REGIME D'ENTREPRISE FRANCHE DE TRANSFORMATION DES

PRODUITS HALIEUTIQUES)
Rue des Pêcheurs - Zone portuaire Treichville - 18
Address
BP 611 Abidjan 18 Abidjan - Côte d’Ivoire

Phone (+225) 27 21 24 63 32

Fax

Email ndapacome@gmail.com

Website
Pg. 167 Africa Business Directory - Ed. 2022

5.14. Democratic Republic of the Congo

5.14.1. About
The Democratic Republic of the Congo (French: République démocratique du
Congo (RDC)), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or
the Congo, and formerly and also colloquially Zaire, is a country in Central
Africa. It is, by area, the second largest country in Africa (after Algeria), and
the 11th-largest in the world. With a population of around 92 million, the
Democratic Republic of the Congo is the most populous officially
Francophone country in the world. It is a member of the United Nations, Non-
Aligned Movement, African Union, COMESA, and the East African Community.
The capital and largest city is Kinshasa, which is also the world's most
populous Francophone city.

DEMOCRATIC REPUBLIC OF THE CONGO

Capital[01] Kinshasa

Location[01] Central Africa, northeast of Angola

Area[01] 2,344,858 sq km

Angola, South Sudan, Burundi,

Border Countries[01]
Uganda. Tanzania, Rwanda, Zambia
Cobalt, copper, niobium, tantalum,
petroleum, industrial and gem
Natural Resources[02] diamonds, gold, silver, zinc,
manganese, tin, uranium, coal,
hydropower, timber
Tropical, hot and humid in equatorial
Climate[01]
river basin; cooler and drier in south
83,56.000 (2020 est.), the median
Population[03]
age is 16.99
French (official), Lingala, Kikongo,
Languages[01]
Tshiluba, Kingwana
Over 200 African ethnic groups of
Ethnic Groups[01]
which the majority are Bantu
Pg. 168 Africa Business Directory - Ed. 2022

GDP Growth Rate[04] 0.8% (2020 est.)

GDP per Capita[04] $556 (2020 est.)

Agriculture: 44.2%, industry: 22.6%,

GDP Composition/Sector[03]
services: 33.1% (2017 est.)

Labour Force/Occupation[02] N/A

Unemployment Rate[05] N/A

Unemployment 15-24 N/A

years[03]

GINI index[03] 42.15 (2014 est.)

Population Below Poverty[03] 63.9% (2014 est.)

HDI[03] 0.48 (2018 est.)

Inflation rate[03] 5% (2020 est.)

Diamonds, copper, gold, cobalt,

Export Commodities[01]
wood products, crude oil, coffee
Coffee, sugar, palm oil, rubber, tea,
cot- ton, cocoa, quinine, cassava
Agriculture Products[01] (manioc), bananas, plantains,
peanuts, root crops, corn, fruits,
wood products
Mining, copper, cobalt, gold,
diamonds, coltan, zinc, tin, tungsten,
mineral processing, consumer
products, textiles, plastics, footwear,
Industries[06]
cigarettes, metal products,
processed foods and beverages,
timber, cement, commercial ship
repair

Public Debt[03] 15.3% (2018 est.)

Pg. 169 Africa Business Directory - Ed. 2022

Investment[04] N/A

Trade Balance[06] $2.8 Billion

5.14.2. Economic Overview

The Democratic Republic of the Congo is a nation endowed with vast
potential wealth, the country is slowly recovering from decades of decline.
Political and social unrest have curbed the progress of one of the most
resource rich countries on earth. It is estimated that the DRC has $24 trillion
USD in untapped resources. The country borders Zambia, Angola, Congo
Republic, Rwanda, Tanzania, Burundi and the Central African Republic also
has a population of 83,5 million that can provide a vibrant labour force.
Conditions in the DRC began to improve at the turn of the century with the
withdrawal of a large portion of the invading foreign troops. Much economic
activity still occurs in the informal sector and is not reflected in GDP data.
Renewed activity in the mining sector post the Global Financial Crisis has
been the source of most export income that has boosted the DRC’s fiscal
position and GDP growth. The DRC currently has a GDP per capita of $55USD.
The DRC is currently working on implementing its Special Economic Zone
policy (SEZ). This is in order to encourage the revival of industry across
different sectors. The DRC is also working on several infrastructure projects,
such as the hydroelectric project; Inga III and the Grand Inga dam. It is
believed that expanding the country’s power base by 40000MW will help the
country meet its electrical needs (only 10% of the population is connected.)
This initiative will also allow the DRC to sell electricity to its neighboring
countries, as well as hasten its development. Politically, the DRC is in a state
of transition in 2019, having had its first peaceful transfer of power in since
independence. Going forward the country would want to maintain stability
and peace if it is to fulfill its vast potential. The country also has the task of
scaling up public investment to reduce poverty and widespread
unemployment. Reducing violent conflict in some regions as well as
addressing the worst ever outbreak of the deadly Ebola disease will be key
going forward. The DRC’s dependence on mineral exports has in times past
left the country vulnerable to commodity shocks.
Pg. 170 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

7% $556

5.14.3. GDP Composition by Sectors

Main GDP Composition Elements

50,00% 44,20%

40,00% 33,10%

30,00% 22,60%

20,00%

10,00%

0,00%
Agriculture Industry Services

5.14.4. Trade
Export Commodities Industries Natural Resources

✓ Mining ✓ Cobalt
✓ Diamonds,
✓ Copper ✓ Copper
✓ Copper,
✓ Cobalt ✓ Niobium
✓ Gold,
✓ Gold ✓ Tantalum
✓ Cobalt,
✓ Diamonds ✓ Petroleum
✓ Wood products,
✓ Coltan ✓ Industrial and
✓ Crude oil,
✓ Zinc gem diamonds
✓ Coffee
✓ Tin ✓ Gold
Pg. 171 Africa Business Directory - Ed. 2022

✓ Tungsten ✓ Silver
✓ Mineral ✓ Zinc
processing ✓ Manganese
✓ Consumer ✓ Tin
products ✓ Uranium
✓ Textiles ✓ Coal
✓ Plastics ✓ Hydropower
✓ Footwear ✓ Timber
✓ Cigarettes
✓ Metal products
✓ Processed foods
and beverages
✓ Timber
✓ Cement
✓ Commercial ship
repair

5.14.5. Export & Import

Key Exports

46,30%
50,00%

40,00%

30,00%

20,00%
5,91% 5,45% 2,90%
10,00%

0,00%
China United Arab Singapore Saudi Arabia
Emirates
Pg. 172 Africa Business Directory - Ed. 2022

Key Imports

24,20%
25,00%

20,00%

15,00% 10,80% 9%
10,00%
4,19% 4%
5,00% 2,71%

0,00%
China United Zambia Belgium India Tanzania
Arab
Emirates

5.14.6. Contacts
Investment Promotion Agency

Agence Nationale pour la Promotion des Investissements

33C, Boulevard du 30 Juin, Kinshasa, République

Address
Démocratique du Congo

Phone 00243 999 925 026

Fax

Email anapi@investindrc.cd

Website https://investindrc.cd/fr/

Business Council & Associations

FEDERATION DES ENTREPRISES DU CONGO

Address BLD TSHATSHI 26, GOMBE – KINSHASA

Phone +243812488909
Pg. 173 Africa Business Directory - Ed. 2022

Fax

Email contact@minitpr-rdc.com

Website https://investindrc.cd/fr/

Ordre National des Experts-comptables (ONEC RDC)

26, avenue de la Paix Immeuble Diomi - 4ème

Address
étage, Congo-Kinshasa

Phone +243810304270

Fax

Email contact@onecrdc.com/

Website https://www.onecrdc.com/

ACPRH, Association Congolaise des Professionnels des Ressources

Humaines

Address 4448, AVE TOMBALBAYE – KINSHASA

Phone +243999936859

Fax

Email info@acprh.net/

Website https://www.acprh.net/

BUREAU DE L’UNION DES FRANÇAIS DE L’ÉTRANGER (UFE)

Address IMMEUBLE BOTOUR, GOMBE - KINSHASA

Pg. 174 Africa Business Directory - Ed. 2022

Phone +243 250 052 584

Fax

Email ufekinshasa@gmail.com

Website

Association nationale des éducateurs sociaux

ANES, Croisement des Avenues Kasa-Vubu et

Address
Bangala, Commune de Ngaliema, Kinshasa, RDC

Phone +243 99 99 123 78

Fax

Email anescafes@yahoo.fr

Website

Association des Administrateurs du Congo

Address KINSHASA

Phone +243 82 47 47 352

Fax

Email contact@administrateursrdc.com

Website administrateursrdc.com
Pg. 175 Africa Business Directory - Ed. 2022

5.15. Republic of Djibouti

5.15.1. About
Djibouti, officially the Republic of Djibouti, is a country located in the Horn of
Africa. It is bordered by Somalia in the south, Ethiopia in the southwest, Eritrea
in the north, and the Red Sea and the Gulf of Aden in the east. Across the Gulf
of Aden is Yemen. The country has a total area of 23,200 km2 (8,958 sq. mi).

DJIBOUTI

Capital[01] Djibouti

Eastern Africa, bordering the Gulf of

Location[01] Aden and the Red Sea, between
Eritrea and Somalia

Area[01] 23,200 sq km

Border Countries[01] Eritrea, Ethiopia, Somalia

Potential geothermal power, gold,

clay, granite, limestone, marble, salt,
Natural Resources[02]
diatomite, gypsum, pumice,
petroleum

Climate[01] Desert, torrid, dry

988 002 (2020), the median age is 24

Population[03]
years
French (official), Arabic (official),
Languages[01]
Somali, Afar

Ethnic Groups[01] Somali, Afar and other

GDP Growth Rate[04] 5.60% (2018)

GDP per Capita[04] $2,787 (2018)

Agriculture: 2,4%, industry: 17.3%,

GDP Composition/Sector[03]
services: 80,2% (2019)
Pg. 176 Africa Business Directory - Ed. 2022

Labour Force/Occupation[02] N/A

Unemployment Rate[05] 39.4% (2019 est.)

Unemployment 15-24 43%

years[03]

GINI index[03] 41.7 (2017 est.)

Population Below Poverty[03] 21.1% (2017 est.)

HDI[03] 0.524 (2017)

Inflation rate[03] 1.78% (2020 est.)

Export Commodities[01] Re-exports, hides and skins, coffee

Fruits, vegetables; goats, sheep,

Agriculture Products[01]
camels and animal hides
Construction, agricultural
Industries[06]
processing

Public Debt[03] 41.03 % (2020)

Investment[04] 19% (2018)

Trade Balance[06] $-417,4 million

5.15.2. Economic Overview

Djibouti is a small country located at the horn of Africa. The country has a
population of just under a million people. The economy of Djibouti is based
on service activities connected with the country's strategic location and
status as a free trade zone in the Horn of Africa. Djibouti has a mixed economic
system which includes a variety of private freedoms, combined with
centralized economic planning and government regulation. Two-thirds of
Djibouti's inhabitants live in the capital city; the remainder are mostly
nomadic herders. Scanty rainfall limits crop production of fruits and
vegetables and most food must be imported. Djibouti provides services as
both a transit port for the region and an international transshipment and
Pg. 177 Africa Business Directory - Ed. 2022

refueling center. Imports and exports from landlocked neighbor Ethiopia

represent 70% of port activity at Djibouti's container terminal. Djibouti has few
natural resources and little industry. The nation is, therefore, heavily
dependent on foreign assistance to help support its balance of payments
and to finance development projects. The Djiboutian economy grew by 6% in
2018 and it is expected to grow by 7% in 2019 as a result of international trade
normalizing in Ethiopia following the successful political transition and the
devaluation by 15% of the Ethiopian birr, in 2017. Growth of the Djiboutian
economy will be driven by the export of transportation and logistics services
supported by the newly commissioned trade infrastructure. With a small
population, it is not expected that Djibouti would have a high unemployment
rate.

GDP Growth Rate GDP per Capita

0.5% $3.425

5.15.3. GDP Composition by Sectors

Main GDP Composition Elements

80%
80%

60%

40%
17%
20%
2%

0%
Agriculture Industry Services
Pg. 178 Africa Business Directory - Ed. 2022

5.15.4. Trade
Export Commodities Industries Natural Resources

✓ Construction ✓ Potential
✓ Re-exports,
✓ Agricultural Geothermal
✓ Hides and skins,
Processing Power
✓ Coffee
✓ Gold
✓ Clay
✓ Granite
✓ Limestone
✓ Marble
✓ Salt
✓ Diatomite
✓ Gypsum
✓ Pumice
✓ Petroleum

5.15.5. Export & Import

Key Exports

39%
40%
35%
30%
25%
20% 17%
15% 9% 9%
10% 5% 5%
5%
0%
Ethiopia Somalia Qatar Brazil Yemen United
States
Pg. 179 Africa Business Directory - Ed. 2022

Key Imports

25%
25%

20%
15%
15% 11% 10%
10% 7%
5%
5%

0%
United France Saudi China Ethiopia Yemen
Arab Arabia
Emirates

5.15.6. Contacts
Investment Promotion Agency

djiboutinvest

Address

Phone

Fax

Email coontact@djiboutinvest.com/

Website http://www.djiboutinvest.com/

Business Council & Associations

Femme TIC DJIBOUTI

Address 2903, Djibouti

Phone +25377166899

Fax
Pg. 180 Africa Business Directory - Ed. 2022

Email

Website http://www.femmeticdjibouti.webnode.fr/

Youth agriculture association

Address H5P2+XRG, Djibouti

Phone

Fax

Email somaliyouthagriculture@gmail.com

Website

5.16. Arab Republic of Egypt

5.16.1. About
Egypt, officially the Arab Republic of Egypt, is a transcontinental country
spanning the northeast corner of Africa and southwest corner of Asia via a
land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean
Sea to the north, the Gaza Strip (Palestine) and Israel to the northeast, the Red
Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba
in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the
capital and largest city of Egypt, while Alexandria, the second-largest city, is
an important industrial and tourist hub at the Mediterranean coast. At
approximately 100 million inhabitants, Egypt is the 14th-most populated
country in the world.

EGYPT

Capital[01] Cairo
Pg. 181 Africa Business Directory - Ed. 2022

Northern Africa, bordering the

Location[01]
Mediterranean Sea

Area[01] 1,001,450 sq km

Border Countries[01] Gaza Strip, Isreal, Libya, Sudan

Petroleum, natural gas, iron ore,

phosphates, manganese, limestone,
Natural Resources[02]
gypsum, talc, asbestos, lead, rare
earth elements, zinc
Desert; hot, dry summers with
Climate[01]
moderate winters

Population[03] 102,3 M (2020)

Arabic (official), English and French

Languages[01] widely understood by educated
classes

Ethnic Groups[01] Egyptian

GDP Growth Rate[04] 3.6% (2020 est.)

GDP per Capita[04] $3547 (2020 est.)

Agriculture: 11.57%, industry: 32.01%,

GDP Composition/Sector[03]
services: 51.76% (2020 est.)
Labour Agriculture: 20.62%, industry: 26.94%,
Force/Occupation[02] services: 52.44% (2019 est.)

Unemployment Rate[05] 7.4% (2021 est.)

Unemployment 15-24 30% (2020 est.)

years[03]

GINI index[03] 47% (2018)

Population Below Poverty[03] 32.5% (2018)

HDI[03] 0.589 (2018)

Pg. 182 Africa Business Directory - Ed. 2022

Inflation rate[03] 5.7% (2018 est.)

Crude oil and petroleum products,

Export Commodities[01] cotton, textiles, metal products,
chemicals, processed food
Cotton, rice, corn, wheat, beans,
Agriculture Products[01] fruits, vegetables, cattle, water
buffalo, sheep, goats
Textiles, food processing, tourism,
chemicals, pharmaceuticals,
Industries[06]
hydrocarbons, construction, cement,
metals, light manufactures

Public Debt[03] 93.5% of GDP (2018 est.)

Investment[04] 9.5% of GDP (2019 est.)

Trade Balance[06] $-2.697 billion

5.16.2. Economic Overview

Egypt is the trade and financial centre of North Africa. The country is located
in the northeast corner of the African continent and is optimally located as
the logistics hub between North Africa and the Middle East. Egypt has a
population of approximately 102 million people and a GDP per capita of $3,547
USD. The country is bisected by the highly fertile Nile valley and the Red Sea,
where most economic activity takes place. In terms of the economy, Egypt
has a mixed economic system which includes a variety of private freedom,
combined with centralized economic planning and government regulation.
Prior to the political crisis (Arab Spring), Egypt was a very attractive Middle
Eastern market for FDI. The dynamic growth of the Egyptian economy (around
7% before the crisis), its strategic geographical position, low labour costs,
skilled workforce, unique tourist potential, substantial energy reserves, large
domestic market and the success of the reforms undertaken by the
authorities (including many privatizations) all sharply drove up FDI. The
regional context must also be taken into account, as Egypt benefited from
abundant liquidity coming from the Gulf States. FDI decreased sharply as a
result of the global economic crisis and following the socio-political revolution
Pg. 183 Africa Business Directory - Ed. 2022

of 2011, but has been growing since at a steady rate, until 2017. Inward
investment flows decreased by 8.2% between 2017 and 2018. FDI inflows in 2018
amount to $6,798 million USD. However, Egypt remains the largest FDI
recipient in Africa. Inflows are now oriented towards the oil and gas industry,
thanks to the discoveries of offshore gas reserves. The stock of FDI between
2017 and 2018 increased by 6%, reaching $116 billion USD (46.6% of GDP). Cairo
at the turn of the century aggressively pursued economic reforms to attract
foreign direct investment and facilitate GDP growth. Despite the relatively high
levels of economic growth in recent years, living conditions for the average
Egyptian remained poor and contributed to public discontent. Tourism,
manufacturing, and construction are among the hardest hit sectors of the
Egyptian economy, and economic growth is likely to remain steady for the
foreseeable future. Politically, post the Arab Spring, Egypt put up a new
constitution that put in place a civilian government. This has brought about
greater stability and a better outlook on the country’s economic prospects.

GDP Growth Rate GDP per Capita

5% $2,573
Pg. 184 Africa Business Directory - Ed. 2022

5.16.3. GDP Composition by Sectors

Main GDP Composition Elements

48%
50%
38%
40%

30%
15%
20%

10%

0%
Agriculture Industry Services

5.16.4. Trade
Export Commodities Industries Natural Resources

✓ Textiles ✓ Petroleum
✓ Crude oil and
✓ Food Processing ✓ Natural Gas
petroleum
✓ Tourism ✓ Iron Ore
products
✓ Chemicals ✓ Phosphates
✓ Cotton, textiles
✓ Pharmaceuticals ✓ Manganese
✓ Metal products
✓ Hydrocarbons ✓ Limestone
✓ Chemicals
✓ Construction ✓ Gypsum
✓ Processed food
✓ Cement ✓ Talc
✓ Metals ✓ Asbestos
✓ Light ✓ Lead
Manufactures ✓ Rare Earth
Elements
✓ Zinc
Pg. 185 Africa Business Directory - Ed. 2022

5.16.5. Export & Import

Key Exports

12% 11%
10%
10%
8% 7%
6%
6% 4% 4%
4%
2%
0%
United Italy United United Turkey Germany
Arab States Kingdom
Emirates

Key Imports

8%
8%
7%
6% 5% 5% 5%
5% 4% 4%
4%
3%
2%
1%
0%
China United Germany Saudi United Russia
Arab Arabia States
Emirates

5.16.6. Contacts
Investment Promotion Agency

GAFI

Address 3, Salah Salem st., Nasr City, Cairo, 11562, Egypt.

Phone +202-240-55-425

Fax
Pg. 186 Africa Business Directory - Ed. 2022

Email info@gafi.gov.eg

Website https://www.gafi.gov.eg/English/Pages/default.aspx

Business Council & Associations

Egyptian Businessmen Association - EBA

21 ‫ ش الجيزة سابقا‬- ‫ش شارل ديجول‬، Oula, Giza

Address
District, Giza Governorate, Égypte

Phone +20235723020

Fax

Email eba@eba.org.eg

Website http://www.eba.org.eg/

Swiss Egyptian Business Association ( SEBA )

3 Abou Bakr El-Sedeek, Sheraton Al Matar, El Nozha,

Address
Cairo Governorate, Égypte

Phone +201003778855

Fax

Email info@seba.org.eg/

Website http://www.seba.org.eg/

Egyptian Junior Business Association - EJB

X6MJ+776، corniche El Nil، Athar an Nabi, Maadi,

Address
Cairo Governorate, Égypte
Pg. 187 Africa Business Directory - Ed. 2022

Phone +20225284094

Fax

Email ejb@ejb.org.eg

Website http://www.ejb.org.eg/

Alexandria Business Association

Address 21512,، 52 Fouad, Alexandria Governorate, Égypte

Phone +2034848979

Fax

Email aba@aba.org.eg/

Website http://aba.org.eg/

British Egyptian Business Association

26 Lebanon, Gazirat Mit Oqbah, Agouza, Giza

Address
Governorate, Égypte

Phone +20233441900

Fax

Email

Website

Elba - Egyptian Lebanese Businessmen Friendship Association

Pg. 188 Africa Business Directory - Ed. 2022

10 Al Kamel Mohammed, Al Gabalayah, Zamalek,

Address
Giza Governorate, Égypte

Phone +20227369612

Fax

Email info@elbaegypt.org

Website http://www.elbaegypt.org/

Egypt Business Council

Address 8, 9TH NEIGHBORHOOD - LE CAIRE

Phone (20-2) 3338-1050

Fax (20-2) 3338-1060

Email eusbcoffice@amcham.org.eg

Website http://www.egyptusbc.org/

5.17. Republic of Equatorial Guinea

5.17.1. About
Equatorial Guinea (Spanish: Guinea Ecuatorial; French: Guinée équatoriale;
Portuguese: Guiné Equatorial), officially the Republic of Equatorial Guinea
(Spanish: República de Guinea Ecuatorial, French: République de Guinée
équatoriale, Portuguese: República da Guiné Equatorial), is a country on the
west coast of Central Africa, with an area of 28,000 square kilometres (11,000
sq mi). Formerly the colony of Spanish Guinea, its post-independence name
evokes its location near both the Equator and the Gulf of Guinea. As of 2021,
the country had a population of 1,4 million people.
Pg. 189 Africa Business Directory - Ed. 2022

EQUATORIAL GUINEA

Capital[01] Malabo

Central Africa, bordering the Bight of

Location[01]
Biafra, between Cameroon and Gabon

Area[01] 28,051 sq km

Border Countries[01] Cameroon, Gabon

Petroleum, natural gas, timber, gold,

Natural Resources[02] bauxite, diamonds, tantalum, sand and
gravel, clay

Climate[01] Tropical; always hot, humid

1,402,985 (2020) , the median age is

Population[03]
29.3years
Spanish (official), other (includes
Languages[01]
French (official), Fang, Bubi)

Ethnic Groups[01] Fang, Bubi, Mdowe, Annobon, Bujeba

GDP Growth Rate[04] -4.90% (2020 est.)

GDP per Capita[04] $ 7,143.2 (2020 est.)

Agriculture: 2.5%, industry: 56.5%,

GDP Composition/Sector[03]
services: 41% (2017)
Labour
N/A
Force/Occupation[02]

Unemployment Rate[05] 9.15% (2020 est.)

Unemployment 15-24
19% (2019 est.)
years[03]

GINI index[03] N/A

Population Below Poverty[03] N/A

Pg. 190 Africa Business Directory - Ed. 2022

HDI[03] 0.59 (2020)

Inflation rate[03] 4.77% (2020 est.)

Export Commodities[01] Petroleum products, timber

Coffee, cocoa, rice, yams, cassava

Agriculture Products[01] (manioc), bananas, palm oil nuts,
livestock, timber

Industries[06] Petroleum, natural gas, sawmilling

Public Debt[03] 11% of GDP (2020 est.)

Investment[04] 35% of GDP (2020 est.)

Trade Balance[06] $1.27 billion

5.17.2. Economic Overview

Equatorial Guinea is a country located on the West Coast of Central Africa.
The country with a population of 1,4 million people has experienced significant
economic growth over the past few years. As of 2020, Equatorial Guinea had
a GDP per capita of $7,143 USD. The discovery and exploitation of large oil and
gas reserves have contributed to growth, but fluctuating oil prices have
produced huge swings in GDP growth in recent years. Forestry and farming
are also minor components of GDP. Subsistence farming is the dominate form
of livelihood. The country’s unemployment rate sits at 6.9%, with the industry
sector employing the majority of people Although pre-independence
Equatorial Guinea counted on cocoa production for hard currency earnings,
the neglect of the rural economy under successive regimes diminished
potential for agriculture-led growth (the government has stated its intention
to reinvest some oil revenue into agriculture). If Equatorial Guinea is to
improve its revenue and diversify its economy, it will need to deal with
corruption and mismanagement.
Pg. 191 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

4.9% $7,143

5.17.3. GDP Composition by Sectors

Main GDP Composition Elements

100,00% 87,30%

80,00%

60,00%

40,00%

20,00% 4,60% 8,10%

0,00%
Agriculture Industry Services

5.17.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Petroleum
✓ Petroleum
✓ Natural Gas ✓ Natural Gas
products
✓ Sawmilling ✓ Timber
✓ Timber
✓ Gold
✓ Bauxite
✓ Diamonds
✓ Tantalum
✓ Sand And Gravel
Pg. 192 Africa Business Directory - Ed. 2022

✓ Clay

5.17.5. Export & Import

Key Exports

28%
30%

25%

20%

15% 12%
10% 9%
10% 7%
5%
5%

0%
China India South Portugal United Spain
Korea States

Key Imports

25% 21%
19%
20%
13%
15%

10% 6% 5%
5%

0%
Spain China United Cote d’Ivoire Netherlands
States

5.17.6. Contacts
Investment Promotion Agency
N/A

Business Council Associations

N/A
Pg. 193 Africa Business Directory - Ed. 2022

5.18. State of Eritrea

5.18.1. About
Eritrea, officially the State of Eritrea, is a country in the Horn of Africa region of
Eastern Africa, with its capital (and largest city) at Asmara. It is bordered by
Ethiopia in the south, Sudan in the west, and Djibouti in the southeast. The
northeastern and eastern parts of Eritrea have an extensive coastline along
the Red Sea. The nation has a total area of approximately 117,600 km2 (45,406
sq. mi), and includes the Dahlak Archipelago and several of the Hanish
Islands.

ERITREA

Capital[01] Asmara

Eastern Africa, bordering the Red

Location[01]
Sea, between Djibouti and Sudan

Area[01] 117,600 sq km

Border Countries[01] Djibouti, Ethiopia, Sudan

Gold, potash, zinc, copper, salt,

Natural Resources[02]
possibly oil and natural gas, fish
Hot, dry desert strip along Red Sea
Climate[01]
coast

Population[03] 3,213,969 (2020 est)

Tigrinya (official), Arabic (official),

Languages[01]
English (official), Tigre, Kunama, Afar
Tigrinya, Tigre, Saho, Kunama,
Ethnic Groups[01]
Rashaida, Bilen

GDP Growth Rate[04] 8.7% (2020)

GDP per Capita[04] $ 642.5 (2020)

GDP Composition/Sector[03] N/A

Pg. 194 Africa Business Directory - Ed. 2022

Labour Agriculture: 80%, industry and

Force/Occupation[02] services: 20% (2015 est.)

Unemployment Rate[05] 7% (2019 est.)

Unemployment 15-24 10.54% (2020 est.)

years[03]

GINI index[03] N/A

Population Below Poverty[03] 53% (2018)

HDI[03] 0.45 (2019)

Inflation rate[03] 4.84% (2020 est.)

Livestock, sorghum, textiles, food,

Export Commodities[01]
small manufactures
Sorghum, lentils, vegetables, corn,
Agriculture Products[01] cotton, tobacco, sisal, livestock,
goats, fish
Food processing, beverages,
Industries[06] clothing and textiles, light
manufacturing, salt, cement

Public Debt[03] 184.31% of GDP (2020 est.)

Investment[04] 5% of GDP (2018 est.)

Trade Balance[06] $-461.4 million

5.18.2. Economic Overview

Eritrea is a country located in East Africa, at the Horn of Africa. Eritrea is
bordered to the northeast and east by the Red Sea, Sudan to the west,
Ethiopia to the south, and Djibouti to the southeast. Since independence from
Ethiopia, Eritrea has faced the economic problems of a small and poor
country, accentuated by the recent implementation of restrictive economic
policies. As of 2018 the country’s GDP expanded by 4.20%. The country current
GDP per capita is $642.5 USD. Like the economies of many African nations, a
Pg. 195 Africa Business Directory - Ed. 2022

large share of the population - nearly 80% - is engaged in subsistence

agriculture, but they produce only a small share of total output. Since the
conclusion of the Ethiopian-Eritrea war, the government has maintained a
firm grip on the economy, expanding the use of the military and party-owned
businesses to complete Eritrea’s development agenda. The Eritrean economy
is a command economy under the control of the sole political party. The
government strictly controls the use of foreign currency by limiting access
and availability. Few private enterprises remain in Eritrea. Eritrea’s economy
depends heavily on taxes paid by members of the diaspora. Erratic rainfall
and the delayed demobilization of agriculturalists from the military continue
to interfere with agricultural production, and Eritrea’s recent harvests have
been unable to meet the food needs of the country.

GDP Growth Rate GDP per Capita

8.7% $642

5.18.3. GDP Composition by Sectors

Main GDP Composition Elements

59%
60%

50%

40% 30%
30%

20% 12%

10%

0%
Agriculture Industry Services
Pg. 196 Africa Business Directory - Ed. 2022

5.18.4. Trade
Export Commodities Industries Natural Resources

✓ Food Processing ✓ Gold

✓ Livestock
✓ Beverages ✓ Potash
✓ Sorghum
✓ Clothing And ✓ Zinc
✓ Textiles
Textiles ✓ Copper
✓ Food
✓ Light ✓ Salt
✓ Small
Manufacturing ✓ Possibly Oil and
manufactures
✓ Salt Natural Gas
✓ Cement ✓ Fish

5.18.5. Export & Import

Key Exports

80% 62%

60%

40% 28%

20%

0%
China South Korea
Pg. 197 Africa Business Directory - Ed. 2022

Key Imports

15%
16% 13%
13% 13%
14%
12%
10%
8% 6%
6% 4%
4%
2%
0%
United China Saudi Italy Turkey South
Arab Arabia Africa
Emirates

5.18.6. Contacts
Investment Promotion Agency
N/A

Business Council & Associations

Eritrean Women in Agri-business Association

Address

Phone +291 1 112187

Fax

Email selamawitbrook@gmail.com

Website

Eritrea Trade Associations - iiiEM

Address Penden Street, 46 PO Box 856 0 ASMARA Eritrea

Phone 1121589
Pg. 198 Africa Business Directory - Ed. 2022

Fax 1120138

Email encc@gemel.com.er

Website gemel.com.er

Eritrean Leather and allied Industries Association (ELAIA)

Address APDO 653 – MALABO

Phone 1 12 4273

Fax

Email elaia@gemel.com.er.

Website

Eritrean National Chamber of Commerce, Trade Associations

Address Box 856 Asmara Eritrea

Phone 121589

Fax (+240) 09 24 29

Email encc@gemel.com.er

Website intnet.gq
Pg. 199 Africa Business Directory - Ed. 2022

5.19. Eswatini
5.19.1. About
Eswatini (Swazi: eSwatini), officially the Kingdom of Eswatini and formerly
named Swaziland (officially renamed in 2018), is a landlocked country in
Southern Africa. It is bordered by Mozambique to its northeast and South
Africa to its north, west, south, and southeast. At no more than 200 kilometers
(120 mi) north to south and 130 kilometers (81 mi) east to west, Eswatini is one
of the smallest countries in Africa; despite this, its climate and topography are
diverse, ranging from a cool and mountainous highveld to a hot and dry
lowveld.

KINGDOM OF ESWATINI

Capital[01] Mbabane

Southern Africa, between Mozambique

Location[01]
and South Africa

Area[01] 17,364 sq km

Border Countries[01] Mozambique, South Africa

Asbestos, coal, clay, cassiterite,

hydropower, forests, small gold and
Natural Resources[02]
diamond deposits, quarry stone, and
talc

Climate[01] Varies from tropical to near temperate

Population[03] 1,160,164 (2020 est.)

Languages[01] English (official), siSwati (official)

Ethnic Groups[01] African 97%, European 3%

GDP Growth Rate[04] -1.9% (2020 est.)

GDP per Capita[04] $ 3,424.3 (2020 est.)

Agriculture: 8.7%, Industry: 33.8%,

GDP Composition/Sector[03]
Services: 53.15% (2019 est.)
Pg. 200 Africa Business Directory - Ed. 2022

Labour
NA
Force/Occupation[02]

Unemployment Rate[05] 25.5% (2020 est.)

Unemployment 15-24
47.7% (2019 est.)
years[03]

GINI index[03] 54.6 (2020 est.)

Population Below Poverty[03] 39.7% (2017 est.)

HDI[03] 0.43 (2020 est.)

Inflation rate[03] 2.6% (2019 est.)

Soft drink concentrates, sugar, pulp,

Export Commodities[01] cotton yarn, refrigerators, citrus and
canned fruit, wood
Sugarcane, cotton, corn, tobacco, citrus,
Agriculture Products[01] pineapples, sorghum, peanuts, cattle,
goats, sheep, rice
Coal, wood pulp, sugar, soft drink
Industries[06]
concentrates, textiles and apparel

Public Debt[03] $35,24 million ( 2018 est.)

Investment[04] 11.7% of GDP (2017 est.)

Trade Balance[06] $12 million

5.19.2. Economic Overview

Kingdom of Eswatini is a country in the SADC block of countries that is
surrounded by South Africa, except for a short border with Mozambique,
Kingdom of Eswatini depends heavily on South Africa from which it receives
more than 90% of its imports and to which it sends 60% of its exports. Kingdom
of Eswatini's currency is pegged to the South African rand, effectively
subsuming Kingdom of Eswatini’s monetary policy to South Africa. The
government is heavily dependent on customs duties from the Southern
African Customs Union (SACU), and worker remittances from South Africa
Pg. 201 Africa Business Directory - Ed. 2022

supplement domestically earned income. As of 2020 the country of 1,1 million

people had a GDP per capita of $3,424.3 USD. Most of the country’s population
resides in rural areas, with only 21% in urban areas. The rural population is
heavily involved in subsistence agriculture and employs approximately 70%
of the population. The manufacturing sector has diversified since the mid
1980s. Sugar and wood pulp were major foreign exchange earners; however,
the wood pulp producer closed in January 2010, and sugar is now the main
export earner. In the late 2000s, the sugar industry increased efficiency and
diversification efforts, in response to a 17% decline in EU sugar prices. Mining
has declined in importance in recent years with only coal and quarry stone
mines remaining active. Customs revenues plummeted due to the global
economic crisis and a drop in South African imports. The resulting decline in
revenue has pushed the country into a fiscal crisis. The government has
requested assistance from the IMF and from the African Development Bank,
but in 2011 was not able to meet the targets-including cutting the wage bill
and improving spending controls-necessary to receive aid. Kingdom of
Eswatini is looking to other countries, including South Africa, for assistance,
but continues to struggle to meet its monthly payroll and fund government
programs. With an estimated 40% unemployment rate, Kingdom of Eswatini's
need to increase the number and size of small and medium enterprises and
attract foreign direct investment is acute. Overgrazing, soil depletion, drought,
and floods persist as problems for the future. More than one-fourth of the
population needed emergency food aid in 2006-07 because of drought, and
more than one-quarter of the adult population. Politically, the country is fairly
stable, the head of government is the King while the Queen Mother is the
Spiritual Head of the Nation. This counter balance has maintained the peace
and stability of the nation. The Prime Minister is appointed by the King.

GDP Growth Rate GDP per Capita

1.6% $3,415
Pg. 202 Africa Business Directory - Ed. 2022

5.19.3. GDP Composition by Sectors

Main GDP Composition Elements

60%
60%

50%
35%
40%

30%

20%
5%
10%

0%
Agriculture Industry Services

5.19.4. Trade
Export Commodities Industries Natural Resources

✓ Coal ✓ Asbestos
✓ Manufactures
✓ Wood Pulp ✓ Coal
(clothing),
✓ Sugar ✓ Clay
✓ Diamonds,
✓ Soft Drink ✓ Cassiterite
✓ Wool and mohair,
Concentrates ✓ Hydropower
✓ Food and live
✓ Textiles and ✓ Forests
animals,
Apparel ✓ Small Gold And
✓ Electricity
Diamond
✓ Water
Deposits
✓ Quarry Stone
✓ Talc
Pg. 203 Africa Business Directory - Ed. 2022

5.19.5. Export & Import

Key Exports

58,40%

60,00%

40,00%

20,00%

0,00%
South Africa

Key Imports

100% 82%

80%

60%

40%
10%
20%

0%
South Africa China

5.19.6. Contacts
Investment Promotion Agency
N/A

Business Councils & Associations

N/A
Pg. 204 Africa Business Directory - Ed. 2022

5.20. Federal Democratic Republic of Ethiopia

5.20.1. About
Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked
country in the Horn of Africa. It shares borders with Eritrea and Djibouti to the
north, Somalia to the east and northeast, Kenya to the south, South Sudan to
the west, and Sudan to the northwest. Ethiopia has a total area of 1,100,000
square kilometers (420,000 sq. mi). It is home to 117 million inhabitants and is
the 12th-most populous country in the world and the 2nd-most populous in
Africa after Nigeria. The national capital and largest city, Addis Ababa, lies
several kilometers west of the East African Rift that splits the country into the
African and Somali tectonic plates.

ETHIOPIA

Capital[01] Addis Ababa

Location[01] Eastern Africa, west of Somalia

Area[01] 1,104,300 sq km

Djibouti, Eritrea, Kenya, Somalia,

Border Countries[01]
South Sudan, Sudan
Small reserves of gold, platinum, cop
Natural Resources[02]
per, potash, natural gas, hydropower
Tropical monsoon with wide
Climate[01]
topographic-induced variation

Population[03] 114,963,583 (2020)

Oromigna, Amarigna (Amharic)

Languages[01]
(official), Somaligna, Tigrigna
Oromo, Amara, Somalie, Tigraway,
Ethnic Groups[01]
Sidama,Gurage, Hadiya…

GDP Growth Rate[04] 6.1% (2020 est.)

GDP per Capita[04] $963.3(2020 est.)

Pg. 205 Africa Business Directory - Ed. 2022

Agriculture: 35.8%, Industry: 23.1%,

GDP Composition/Sector[03]
Services: 42% (2019)
Labour Agriculture: 72.7%, Industry: 7.4%,
Force/Occupation[02] Services: 19.9% (2017 est.)

Unemployment Rate[05] 2.79% (2020 est)

Unemployment 15-24 8 % (2020)

years[03]

GINI index[03] 35 (2015 est.)

Population Below Poverty[03] 29.6% (2015 est.)

HDI[03] 0.4 (2020 est.)

Inflation rate[03] 15% (2020 est.)

Coffee, khat, gold, leather products,

Export Commodities[01]
live animals, oilseeds
Cereals, pulses, coffee, oilseed,
sugarcane, potatoes, khat, cut
Agriculture Products[01]
flowers, hides, cattle, sheep, goats,
fish, cotton
Food processing, beverages, textiles,
Industries[06] leather, chemicals, metals
processing, cement

Public Debt[03] 55% of GDP (2020 est.)

Investment[04] 30.75% of GDP (2020 est.)

Trade Balance[06] $-10.59 billion

5.20.2. Economic Overview

Ethiopia is a country located in East Africa that borders Kenya, Somalia, Eritrea,
South Sudan, Djibouti. Ethiopia is Africa’s fastest-growing economy, with an
estimated 8.5% GDP growth rate as of 2019. Efforts to modernize the country’s
Pg. 206 Africa Business Directory - Ed. 2022

economy by growing the country’s manufacturing base are paying off.

Favorable factors for the country’s economic growth are that the second-
most populous country in Africa can rely on a cheap labor force, a scenario
that is similar to India and China. Ethiopia follows a command economy
model and currently has a GDP per capita of $963.3 USD. Ethiopia's economy
is primarily based on agriculture, which accounts for 41% of GDP and 85% of
total employment. In Ethiopia coffee, cereals, pulses, oilseed are major export
crops. The agricultural sector suffers from poor cultivation practices and
frequent drought, but recent joint efforts by the Government of Ethiopia and
donors have strengthened Ethiopia's agricultural resilience, contributing to a
reduction in the number of Ethiopians threatened with starvation. The five-
year Growth and Transformation Plan that Ethiopia unveiled almost a decade
ago presented a government-led effort to achieve the country's ambitious
development goals. The banking, insurance, and micro-credit industries are
restricted to domestic investors, but Ethiopia has attracted significant foreign
investment in textiles, leather, commercial agriculture and manufacturing.
The country also boasts Africa’s biggest airline, Air Ethiopia. Foreign Direct
Investment inflows to the country have accelerated in recent years. However,
in 2018, FDI inflows decreased to USD 3.3 billion in 2018 compared to USD 4
billion in 2017. Almost half of the flows from the East African region were
absorbed by Ethiopia. In total, FDI stocks were estimated at $22.2 billion USD,
representing 27,7% of GDP in 2018. Under Ethiopia's constitution, the state owns
all land and provides long-term leases to the tenants; land use certificates
are now being issued in some areas so that tenants have more recognizable
rights to continued occupancy and hence make more concerted efforts to
improve their leaseholds. While GDP growth has remained high, per capita
income is among the lowest in the world. Politically, Ethiopia has a fairly stable
political landscape, as reforms made by the incumbent Prime Minister have
been sweeping and effective.

GDP Growth Rate GDP per Capita

6.1% $936
Pg. 207 Africa Business Directory - Ed. 2022

5.20.3. GDP Composition by Sectors

Main GDP Composition Elements

50% 44%
36%
40%

30% 22%

20%

10%

0%
Agriculture Industry Services

5.20.4. Trade
Export Commodities Industries Natural Resources

✓ Food processing ✓ Small reserves of

✓ Coffee,
✓ Beverages gold
✓ Khat,
✓ Textiles ✓ Platinum
✓ Gold,
✓ Leather ✓ Cop per
✓ Leather products,
✓ Chemicals ✓ Potash
✓ Live animals,
✓ Metals ✓ Natural gas
✓ Oilseeds
processing ✓ Hydropower
✓ Cement
Pg. 208 Africa Business Directory - Ed. 2022

5.20.5. Export & Import

Key Exports

23%
25%
20%
15%
10%
8% 7% 6%
10%
4%
5%
0%

Key Imports

24%
25%

20%

15%
10%
10%
6% 5% 5%
5%

0%
China Saudi Arabia India Kuwait France

5.20.6. Contacts
Investment Promotion Agency

Ethiopian Investment Commission

Address Addis Ababa P.O. Box 2313 Ethiopia

Phone (+251) 11 551 0033

Fax +251 11 551 4396

Pg. 209 Africa Business Directory - Ed. 2022

Email info@eic.gov.et

Website https://www.investethiopia.gov.et/

Business Council & Associations

eebcouncil.org

Address P.O.BOX 2490 - ADDIS ABABA

Phone (+251) 661 61 61

Fax

Email m.juhar@elsewedy.com

Website eebcouncil.org

Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA)

Address - ADDIS ABABA

Phone 251-115548096

Fax 251-115517699

Email yesufa@ethiopianchamber.com

Website https://ethiopianchamber.com/

Ethiopian Youth Entrepreneurs Association

2P5W+5M8, Mexico, K Kare Centre, Addis Ababa,

Address
Éthiopie
Pg. 210 Africa Business Directory - Ed. 2022

Phone +251922024197

Fax

Email ethiopianyouthenterpreneurs@gmail.com

Website http://etyea.com/

Ethio telecom telebirr business Division

Address 2QF2+HMQ, Addis Ababa, Éthiopie

Phone (+251) 011 551 0500

Fax

Email

Website 994@ethionet.et

ADDIS DEVELOPMENT VISION (ADV)

Address ADDIS ABABA

Phone +251-113213872

Fax (+251) 034 440 10 32

Email addisvision@ethionet.et

Website https://addisvision.org/

Action Professionals' Association for the People (APAP)

Pg. 211 Africa Business Directory - Ed. 2022

Address ADDIS ABABA

Phone 251)11-5524168

Fax

Email apap@ethionet.et.

Website www.apapeth.org

5.21. Gabonese Republic

5.21.1. About
Gabon, officially the Gabonese Republic (French: République gabonaise), is a
country on the west coast of Central Africa. Located on the equator, Gabon is
bordered by Equatorial Guinea to the northwest, Cameroon to the north, the
Republic of the Congo on the east and south, and the Gulf of Guinea to the
west. It has an area of nearly 270,000 square kilometers (100,000 sq mi) and
its population is estimated at 2.1 million people. There are three distinct
regions: the coastal plains, the mountains (the Cristal Mountains and the
Chaillu Massif in the centre), and the savanna in the east. Gabon's capital and
largest city is Libreville. The official language is French.

GABON

Capital[01] Libreville

Central Africa, bordering the Atlantic

Location[01]
Ocean at the Equator

Area[01] 267,667 sq km

Cameroon, Equatorial Guinea,

Border Countries[01]
Republic of Congo
Pg. 212 Africa Business Directory - Ed. 2022

Petroleum, natural gas, diamond,

Natural Resources[02] niobium, manganese, uranium, gold,
timber, iron ore, hydropower

Climate[01] Tropical, always hot, humid

2,225,728 (2020 est.), the median age

Population[03]
is 23 years
French (official), Fang, Myene, Nzebi,
Languages[01]
Bapounou/Eschira, Bandjabi
Bantu tribes, including four major
Ethnic Groups[01]
tribal groupings

GDP Growth Rate[04] -1.8% (2020 est.)

GDP per Capita[04] $ 6,881.7

Agriculture: 4.2%, Industry: 53.7%,

GDP Composition/Sector[03]
Services: 42% (2017 est.)
Labour Agriculture: 64%, Industry: 12%,
Force/Occupation[02] Services: 24% (2019 est.)

Unemployment Rate[05] 20.47% (2020 est.)

Unemployment 15-24 NA
years[03]

GINI index[03] 41.5 (2005)

Population Below Poverty[03] NA

HDI[03] 0.54 (2019)

Inflation rate[03] 2.9% (2019 est.)

Crude oil, timber, manganese,

Export Commodities[01]
uranium
Cocoa, coffee, sugar, palm oil, rubber
Agriculture Products[01] cattle, okoume (a tropical softwood),
fish
Pg. 213 Africa Business Directory - Ed. 2022

Petroleum extraction and refining,

manganese, gold, chemicals, ship
Industries[06]
repair, food and beverages, textiles,
lumbering and plywood, cement

Public Debt[03] 58.17% of GDP (2020 est.)

Investment[04] 28% of GDP (2019 est.)

Trade Balance[06] $1.7 Billion

5.21.2. Economic Overview

Gabon is a country located in West Central Africa. The country enjoys a per
capita income four times that of most sub-Saharan African nations, but
because of high income inequality, a large proportion of the population
remains poor. Gabon has a population of 2,2 million and a GDP per capita
$6,881 USD. Gabon depended on timber and manganese until oil was
discovered offshore of its coast. The Gabonese economy is reliant on crude
oil for over 80% of the country's exports, 43% of GDP, and 65% of state revenue.
Although some fields have notably passed their peak production, a rebound
in oil prices recently has marginally helped growth, this is despite declining
production hampering Gabon from fully realizing potential gains. Despite the
abundance of natural wealth, poor fiscal management has stifled the
economy. However, the government has made efforts to increase
transparency and is taking steps to make Gabon a more attractive
investment destination by dealing with rampant corruption and by working
towards diversifying its economy. The government also intends to boost
growth by increasing government investment in human resources and
infrastructure.
Pg. 214 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

-1.8% $6,881

5.21.3. GDP Composition by Sectors

Main GDP Composition Elements

60% 51%
50% 44%

40%

30%

20%
4%
10%

0%
Agriculture Industry Services

5.21.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Petroleum
✓ Crude oil,
extraction and ✓ Natural gas
✓ Timber,
refining ✓ Diamond
✓ Manganese,
✓ Manganese ✓ Niobium
✓ Uranium
✓ Gold ✓ Manganese
✓ Chemicals ✓ Uranium
✓ Ship repair ✓ Gold
✓ Timber
Pg. 215 Africa Business Directory - Ed. 2022

✓ Food and ✓ Iron ore

beverages ✓ Hydropower
✓ Textiles
✓ Lumbering and
plywood
✓ Cement

5.21.5. Export & Import

Key Exports

40% 36%
35%
30%
25%
20%
15% 10% 8% 6% 5% 5%
10%
5%
0%

Key Imports

24%
25%
20%
20%
15%
15%

10%

5%

0%
France Belgium China
Pg. 216 Africa Business Directory - Ed. 2022

5.21.6. Contacts
Investment Promotion Agency

Investin Gabon

Address B.P 3403 Libreville-Gabon

Phone +241 74 58 25 25

Fax

Email contact@investingabon.ga

Website https://www.investingabon.ga/

Business Council & Associations

Ordre National des Experts-Comptables du Gabon (ONEC)

Address MARCHE DE LOUIS – LIBREVILLE

Phone +241 077 39 12 63

Fax

Email contact@onecgabon.org

Website onecgabon.org

(OLEBE MPOUGOU)A.O.M

Address MARCHE DE LOUIS – LIBREVILLE

Phone (+241) 011 44 34 46

Fax
Pg. 217 Africa Business Directory - Ed. 2022

Email

Website

ASSOCIATION POUR LE DEVELOPPEMENT DES ETUDES COMPTABLES - ADEC-

CENTRE INTEC AU GABON
Gros-Bouquet,Institut National des Sciences de
Address Gestion - Bâtiment Patrice Otha - 1er étage S/C
INSG BP 190 Libreville - Gabon

Phone (+241) 066 03 01 33

Fax

Email ayadetona@yahoo.fr

Website

COOPERATIVE AGRO PASTORALE ET PISCICOLE - C.A.P.P

Village BITONO sur la route allant vers le barrage

Address
de Poubara à Franceville franceville - Gabon

Phone (+241) 066 37 90 76

Fax

Email dg@sigalli.com

Website

UNION PROFESSIONNELLE DES FRANÇAIS DE L'ETRANGER

Glass,Permanence Hôtel Méridien Ré-Ndama

Address
Libreville - Gabon
Pg. 218 Africa Business Directory - Ed. 2022

Phone (+241) 011 77 55 63

Fax

Email

Website

5.22. Republic of the Gambia

5.22.1. About
The Gambia, officially the Republic of The Gambia, is a country in West Africa.
It is the smallest country within mainland Africa and is surrounded by Senegal,
except for its western coast on the Atlantic Ocean. The Gambia is situated on
both sides of the lower reaches of the Gambia River, the nation's namesake,
which flows through the centre of the Gambia and empties into the Atlantic
Ocean. It has an area of 10,689 square kilometers (4,127 sq. mi) with a
population of 2,1 million. Banjul is the Gambian capital and the country's
largest metropolitan area. The largest cities are Serekunda and Brikama.

GAMBIA

Capital[01] Banjul

Western Africa, bordering the North

Location[01]
Atlantic Ocean and Senegal

Area[01] 11,295 sq km

Border Countries[01] Senegal

fish, clay, silica sand, titanium (rutile

Natural Resources[02]
and ilmenite), tin, zircon
tropical; hot, rainy season (June to
Climate[01]
November); cooler, dry season
2,416,664 (July 2013 est.), the median
Population[03]
age is 17 years
Pg. 219 Africa Business Directory - Ed. 2022

English (official), Mandinka, Wolof,

Languages[01]
Fula

Ethnic Groups[01] African

GDP Growth Rate[04] -0.2 (2020 est.)

GDP per Capita[04] $ 773 (2020 est.)

agriculture: 20.4%, industry: 14%,

GDP Composition/Sector[03]
services: 65% (2017)
Labour agriculture: 10.8%, industry: 35.9%,
Force/Occupation[02] services: 53.4% (2011 est.)

Unemployment Rate[05] 9.4% (2020 est.)

Unemployment 15-24 15.47% (2020 est.)

years[03]

GINI index[03] 35.9 (1995)

Population Below Poverty[03] 40.1% (2015)

HDI[03] 0.9 (2019)

Inflation rate[03] 5.93 (2020 est.)

petroleum, natural gas, and

Export Commodities[01]
petroleum products 97%
wheat, barley, oats, grapes,
Agriculture Products[01]
olives,citrus, fruits, sheep, cattle
petroleum, natural gas, light
Industries[06] industries, mining, electrical,
petrochemical, food processing

Public Debt[03] 82.97% of GDP (2019 est.)

Investment[04] 33.18% of GDP (2020 est.)

Trade Balance[06] $- 520.7M

Pg. 220 Africa Business Directory - Ed. 2022

5.22.2. Economic Overview

The country of Gambia is located in West Africa and has a population of
approximately 2,365,281 people. The country has sparse natural resource
deposits and a limited agricultural base. It relies in part, on remittances from
workers overseas and tourist receipts. About three-quarters of the population
depends on the agricultural sector for its livelihood and the sector provides
for about one-third of GDP. The agricultural sector has untapped potential -
less than half of arable land is cultivated. Small-scale manufacturing activity
features the processing of peanuts, fish, and hides. As of 2020 the country had
a GDP per capita of $773 USD. The sector that contributes the most to the
country’s GDP is serviced with an allotment of 65.4%. Gambia's natural beauty
and proximity to Europe has made it one of the larger markets for tourism in
West Africa, boosted by government and private sector investments in eco-
tourism and upscale facilities. As of 2019, tourism contributed 20% to GDP but
suffered from the European economic downturn. The Gambia currently is
experiencing high unemployment rates. The economic progress depends on
sustained bilateral and multilateral aid, on responsible government
economic management, and on continued technical assistance from
multilateral and bilateral donors. International donors and lenders continue
to be concerned about the quality of fiscal management and The Gambia's
debt burden.

GDP Growth Rate GDP per Capita

3% $787
Pg. 221 Africa Business Directory - Ed. 2022

5.22.3. GDP Composition by Sectors

Main GDP Composition Elements

20%
20%

14%
15%

10%

5%
0
0%
Agriculture Industry Services

5.22.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Fish
✓ Peanut products,
✓ Natural gas ✓ Clay
✓ Fish,
✓ Light industries ✓ Silica sand
✓ Cotton lint,
✓ Mining ✓ Titanium (rutile
✓ Palm kernels
✓ Electrical and ilmenite)
✓ Petrochemical ✓ Tin
✓ Food processing ✓ Zircon
Pg. 222 Africa Business Directory - Ed. 2022

5.22.5. Export & Import

Key Exports

60% 52%

50%

40%

30%

20% 15%
9% 7%
10%

0%
Guinea-Bissau Vietnam Senegal Mali

Key Imports

11% 11%
12% 10%
10% 8%
8% 6%
5%
6%
4%
2%
0%

5.22.6. Contacts
Investment Promotion Agency

GIEPA

The Gambia Investment and Export Promotion

Address
Agency (GIEPA) GIEPA House 48 Kairaba Avenue

Phone
Pg. 223 Africa Business Directory - Ed. 2022

Fax +220 4377377

Email info@giepa.gm

Website http://www.giepa.gm/

Business Council & Associations

Gambia Chamber of Commerce and Industry (GCCI)

C798+G8G, Senegambia Highway, Serrekunda,

Address
Gambie

Phone +220 446 3452

Fax

Email info@ gcci.gm

Website http://www.gcci.gm/

5.23. Republic of Ghana

5.23.1. About
Ghana, officially the Republic of Ghana, is a country in West Africa. It spans
the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with
the Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.
Ghana covers an area of 238,535 km2 (92,099 sq mi), spanning diverse
biomes that range from coastal savannas to tropical rain forests. With over 31
million people, Ghana is the second-most populous country in West Africa,
after Nigeria. The capital and largest city is Accra; other major cities are
Kumasi, Tamale, and Sekondi-Takoradi.

GHANA
Pg. 224 Africa Business Directory - Ed. 2022

Capital[01] Accra

Western Africa, bordering the Gulf of

Location[01] Guinea, between Cote d’Ivoire and
Togo

Area[01] 238,533 sq km

Border Countries[01] Togo, Cote d’Ivoire, Burkina Faso

Gold, timber, industrial diamonds,

bauxite, manganese, fish, rubber,
Natural Resources[02]
hydropower, petroleum, silver, salt,
limestone
Tropical, warm and comparatively
dry along southeast coast, hot and
Climate[01]
humid in southwest, hot and dry in
north

Population[03] 31,072,945 (2020 est.)

Languages[01] Asante, Ewe, Fante, Boron

Akan, Mole Dagbon, Ewe, Ga

Ethnic Groups[01] Dangme, Guan, Gurma, Grusi, Mande
Busanga

GDP Growth Rate[04] 0.4% (2020 est.)

GDP per Capita[04] $ 2,205.5 (2018 est.)

Agriculture: 19.25%, Industry: 21.5%,

GDP Composition/Sector[03]
Services: 49.21% (2020 est.)
Labour Agriculture: 29.75%, Industry: 18.62%,
Force/Occupation[02] Services: 47.52% (2019 est.)

Unemployment Rate[05] 4.54% (2019 est.)

Unemployment 15-24 9.43% (2020 est.)

years[03]
Pg. 225 Africa Business Directory - Ed. 2022

GINI index[03] 38.3 (2019 est.)

Population Below Poverty[03] 23.4% (2019 est.)

HDI[03] 0.4 (2019 est.)

Inflation rate[03] 13.9% (2020 est.)

Oil, gold, cocoa, timber, tuna, bauxite,

Export Commodities[01] aluminum, manganese ore,
diamonds, horticultural products
Cocoa, rice, cassava (manioc),
Agriculture Products[01] peanuts, corn, shea nuts, bananas,
timber
Mining, lumbering, light
manufacturing, aluminium smelting,
Industries[06]
food processing, cement, small
commercial ship building

Public Debt[03] 59.29% of GDP (2018 est.)

Investment[04] 21.77% of GDP (2018 est.)

Trade Balance[06] $-129 Million

5.23.2. Economic Overview

Ghana's economy has been strengthened by a quarter-century of relatively
sound management, a competitive business environment, and sustained
reductions in poverty levels. Ghana is well endowed with natural resources
and agriculture accounts for roughly one-quarter of GDP and employs more
than half of the workforce, mainly small landholders. The services sector
accounts for 50% of GDP. Gold and cocoa production and individual
remittances are major sources of foreign exchange. Oil production at Ghana's
offshore Jubilee field began is expected to boost economic growth. The
country faces challenges in managing new oil revenue while maintaining
fiscal discipline and resisting debt accumulation. Ghana currently has an
agreement with the IMF for the implementation of the Catastrophe
Pg. 226 Africa Business Directory - Ed. 2022

Containment and Relief (CCR) as of 2015. Since 2015 the fiscal position
(excluding financial sector-related costs) has continued to improve in 2018,
despite persistent revenue collection challenges; and the current account
deficit was lower than anticipated. The Bank of Ghana resolved nine insolvent
banks over a period of 18 months, in line with its commitment to clean up the
banking sector; and structural reforms to strengthen public financial
management and oversight of the state-owned enterprises have continued.
Ghana has a fairly stable government and for the country to continue on its
growth trajectory, maintaining and ensuring sound macro-economic
management will be key.

GDP Growth Rate GDP per Capita

0.4% $2,205

5.23.3. GDP Composition by Sectors

Main GDP Composition Elements

60% 51%
50%

40%
28%
30% 21%
20%

10%

0%
Agriculture Industry Services
Pg. 227 Africa Business Directory - Ed. 2022

5.23.4. Trade
Export Commodities Industries Natural Resources

✓ Mining ✓ Gold
✓ Oil,
✓ Lumbering ✓ Timber
✓ Gold,
✓ Light ✓ Industrial
✓ Cocoa,
manufacturing diamonds
✓ Timber,
✓ Aluminum ✓ Bauxite
✓ Tuna,
smelting ✓ Manganese
✓ Bauxite,
✓ Food processing ✓ Fish
✓ Aluminum,
✓ Cement ✓ Rubber
✓ Manganese ore,
✓ Small ✓ Hydropower
✓ Diamonds,
commercial ship ✓ Petroleum
✓ Horticultural
building ✓ Silver
products
✓ Salt
✓ Limestone

5.23.5. Export & Import

Key Exports

23,40%
25,00%
20,00%
12,40% 11,60%
15,00% 8,90%
10,00%
1,68% 1,93%
5,00%
0,00%
Pg. 228 Africa Business Directory - Ed. 2022

Key Imports

50%
42%

40%

30%

20%
6%
10% 4,66% 4%
2,82%

0%
China India Turkey Belgium India

5.23.6. Contacts
Investment Promotion Agency

Ghana Investment Promotion Centre

No. A1 Rangoon Lane, Vivo Place, Cantonments-

Address
Accra

Phone +233 302 665125

Fax

Email info@gipc.gov.gh

Website https://gipc.gov.gh/

Business Council & Associations

ACA (AFRICAN CASHEW ALLIANCE)

Address P.O.BOX M 82 – ACCRA

Phone (+233) 302 78 22 33

Pg. 229 Africa Business Directory - Ed. 2022

Fax

Email info@aesdmofa.org

Website www.africancashewalliance.com/

ACCE (ASSOCIATION OF CERTIFIED CHARTERED ECONOMISTS)

First Energy Floor 21 Building, Odorkor Busia

Address
Junction, Cantonnement

Phone P O Box CT 5970

Fax Accra - Ghana

Email (+233) 021 27 03 66

Website

ACI (AFRICAN CASHEW INITIATIVE)

Address P.O.BOX 1198 - CAPE COAST

Phone (+233) 04 23 22 88

Fax

Email issaka.salifou@giz.de

Website https://www.comcashew.org/countries#ghana

ASSOCIATION OF GHANA INDUSTRIES

Address
Pg. 230 Africa Business Directory - Ed. 2022

Phone 2nd Floor, Addison House,rade Fair Centre, La Accra

Fax P.O. Box: ANT 8624

Email Accra - Ghana

Website (+233)

GHASALC (GHANA ASSOCIATION OF SAVINGS AND LOANS COMPANIES)

Address

House N°35 Awuley Kojo Street, East Legon, AH 1392,

Phone
Achimota

Fax Accra - Ghana

Email (+233) 02 46 75 42 92

Website

5.24. Republic of Guinea

5.24.1. About
Guinea, officially the Republic of Guinea (French: République de Guinée), is a
coastal country in West Africa. Guinea borders the Atlantic Ocean to the west,
Guinea-Bissau to the northwest, Senegal to the north, Mali to the northeast,
Cote d'Ivoire to the southeast, and Sierra Leone and Liberia to the south.
Formerly known as French Guinea (French: Guinée française), the modern
country is sometimes referred to as Guinea-Conakry after its capital Conakry,
to distinguish it from other territories in the eponymous region such as
Guinea-Bissau and Equatorial Guinea. Guinea has a population of 12,4 million
and an area of 245,857 square kilometres (94,926 sq mi).
Pg. 231 Africa Business Directory - Ed. 2022

GUINEA

Capital[01] Conakry

Western Africa, bordering the North

Location[01] Atlantic Ocean, between Guinea-
Bissau and Sierra Leone

Area[01] 245,857 sq km

Cote d’Ivoire, Liberia, Mali, Senegal,

Border Countries[01]
Sierra Leone, Guinea-Bissau
Bauxite, iron ore, diamonds, gold,
Natural Resources[02]
uranium, hydropower, fish, salt

Climate[01] Generally hot and humid

Population[03] 13.3M (2020est.)

Languages[01] French (official)

Peulh, Malinke, Soussou and smaller

Ethnic Groups[01]
ethnic groups

GDP Growth Rate[04] 7% (2020 est.)

GDP per Capita[04] $ 1 194,04

Agriculture: 45%, Industry: 12.9%,

GDP Composition/Sector[03]
Services: 44% (2018 est.)
Labour Agriculture: 76%, Industry and
Force/Occupation[02] services: 24% (2006 est.)

Unemployment Rate[05] 4.35% (2020)

Unemployment 15-24 8.03% (2020)

years[03]

GINI index[03] 29.6 (2018)

Population Below Poverty[03] 55.2% (2018)

Pg. 232 Africa Business Directory - Ed. 2022

HDI[03] 0.459 (2017)

Inflation rate[03] 10.6% (2020 est.)

Bauxite, alumina, gold, diamonds,

Export Commodities[01]
coffee, fish, agricultural products
Coffee, pineapples, palm kernels,
cassava (manioc), bananas, rice,
Agriculture Products[01]
sweet potatoes, cattle, sheep, goats,
timber
Bauxite, gold, diamonds, iron,
aluminium refining, light
Industries[06]
manufacturing, agricultural
processing

Public Debt[03] 44 % of GDP (2020 est.)

Investment[04] 3.21% of GDP (2018 est.)

Trade Balance[06] $-1,440 Billion

5.24.2. Economic Overview

Guinea is a poor country with a population that possesses major mineral,
hydropower, and agricultural resources. The country had a GDP per capita of
$1,194 USD and a population of 13,3 million people. The country has more than
half of the world's bauxite reserves and has significant iron ore, gold, and
diamond reserves. However, Guinea has been unable to profit from this
potential, as rampant corruption, dilapidated infrastructure, and political
uncertainty have drained investor confidence. In the time since a 2008 coup
international donors, including the G-7, the IMF, and the World Bank, have
significantly curtailed their development programs. Post the coup, policies of
the ruling military junta severely weakened the economy. The junta leaders
spent and printed money at an accelerated rate, driving inflation and debt to
perilously high levels. About a decade ago, the junta collapsed and was
replaced by a Transitional Government, which later gave way to the country’s
Pg. 233 Africa Business Directory - Ed. 2022

first democratically elected president. International assistance and

investment are expected to return to Guinea, but the levels will depend upon
the ability of the new government to strengthen it institutions, combat
corruption, reform its banking system, improve its business environment, and
build infrastructure. IMF and World Bank programs will be especially critical as
Guinea attempts to gain debt relief. International investors have expressed
keen interest in Guinea’s vast iron ore reserves, which could further propel the
country's growth. The government put forward a new mining code that
includes provisions to combat corruption, protect the environment, and
review all existing mining contracts.

GDP Growth Rate GDP per Capita

7% $1,194

5.24.3. GDP Composition by Sectors

Main GDP Composition Elements

50% 44% 43%

40%

30%

20% 13%

10%

0%
Agriculture Industry Services
Pg. 234 Africa Business Directory - Ed. 2022

5.24.4. Trade
Export Commodities Industries Natural Resources

✓ Bauxite ✓ Bauxite
✓ Bauxite,
✓ Gold ✓ Iron ore
✓ Alumina,
✓ Diamonds ✓ Diamonds
✓ Old,
✓ Iron ✓ Gold
✓ Diamonds,
✓ Aluminum ✓ Uranium
✓ Coffee,
refining ✓ Hydropower
✓ Fish,
✓ Light ✓ Fish
✓ Agricultural
manufacturing ✓ Salt
products
✓ Agricultural
processing

5.24.5. Export & Import

Key Exports

20% 17%

13% 13%
15%
11%
10%
5,40% 4,90%
5%

0%
Pg. 235 Africa Business Directory - Ed. 2022

Key Imports

20,00% 17,90%
15%
15,00%

10,00%
6,61% 5,69%

5,00%

0,00%
China France Italy Germany

5.24.6. Contacts
Investment Promotion Agency

Agence de promotion des investissements privés

Address Boulbinet, Conakry- République de Guinée

Phone (+224) 656 31 11 13

Fax

Email info@apip.gov.gn

Website https://apip.gov.gn/

Business Council & Associations

AGUIPEL (ASSOCIATION GUINEENNE DE LA PRESSE EN LIGNE)

Imm. El Mamadou Pellal Barry, 3ème étage coté Est,

Address
Koloma Ratoma Conakry - Guinée

Phone (+224) 620 20 20 80

Pg. 236 Africa Business Directory - Ed. 2022

Fax

Email contact@guipel.org/

Website https://www.guipel.org/

CHAMBRE DES MINES DE GUINEE

Cité Chemin de fer, Imm. Labé, 4ème étage -

Address
Almamya Kaloum - BP 241 Conakry - Guinée

Phone (+224) 626 31 26 40

Fax

Email mkeita@chambredesminesgn.com

Website https://www.chambredesminesgn.org/

COCIMOP SANTE

Address Dixinn port II Dixinn Conakry - Guinée

Phone (+224) 664 52 45 07

Fax

Email mohkerf69@gmail.com

Website

FEDERATION NATIONALE DES PROFESSIONNELS DE LA FILIERE DE BOIS

Address Dabondy , Route Niger Matoto Conakry – Guinée

Pg. 237 Africa Business Directory - Ed. 2022

Phone (+224) 625 21 09 77

Fax

Email fnpfbois@gmail.com

Website

PCUD (PLATEFORME NATIONALE DES CITOYENS UNIS POUR LE

DEVELOPPEMENT)
Entre la Pharmacie Nouni et le Pont Kakimbo - Kipé
Address
Ratoma - BP 2000 Conakry - Guinée

Phone (+224) 664 22 62 56

Fax

Email contact@societecivileguineenne.org

Website www.societecivileguineenne.org

Association des Notaires de Guinée

Address BP. 854 - CONAKRY

Phone

Fax

Email contact@notairesguinee.com

Website notairesguinee.com
Pg. 238 Africa Business Directory - Ed. 2022

5.25. Republic of Guinea-Bissau

5.25.1. About
Guinea-Bissau (Portuguese: Guiné-Bissau), officially the Republic of Guinea-
Bissau (Portuguese: República da Guiné-Bissau), is a country in West Africa
that covers 36,125 square kilometres (13,948 sq. mi) with an estimated
population of 1,7 million. It borders Senegal to the north and Guinea to the
south-east.

GUINEA-BISSAU

Capital[01] Bissau

Western Africa, bordering the North

Location[01] Atlantic Ocean, between Guinea and
Senegal

Area[01] 36,125 sq km

Border Countries[01] Guinea, Senegal

Fish, timber, phosphates, bauxite,

Natural Resources[02] clay, granite, limestone, unexploited
deposits of petroleum

Climate[01] Tropical, generally hot and humid

Population[03] 1,967,998 (2020 est.)

Portuguese (official), Crioulo, African

Languages[01]
languages
African, European and Mulatto less
Ethnic Groups[01]
than 1%

GDP Growth Rate[04] -2.4% (2020 est.)

GDP per Capita[04] $727.5

Agriculture: 57%, Industry: 13.1%,

GDP Composition/Sector[03]
Services: 36.9% (2019 est.)
Pg. 239 Africa Business Directory - Ed. 2022

Agriculture: 82%, Industry and

Labour Force/Occupation[02]
services: 18% (2000 est.)

Unemployment Rate[05] 3.6% (2020)

Unemployment 15-24 4.6%

years[03]

GINI index[03] 50.7 (2015 est.)

Population Below Poverty[03] 70 (2019 est.)

HDI[03] 0.48(2019)

Inflation rate[03] 3% (2019 est.)

Fish, shrimp, cashew nuts, peanuts,

Export Commodities[01]
palm kernels, sawn lumber
Rice, corn, beans, cassava (manioc),
Agriculture Products[01] cashew nuts, peanuts, palm kernels,
cotton, timber, fish
Agricultural products processing,
Industries[06]
beer, soft drinks

Public Debt[03] 66.46% of GDP (2019 est.)

Investment[04] 4.98%

Trade Balance[06] -$151 Million

5.25.2. Economic Overview

The country of Guinea-Bissau is one of the poorest countries in the world,
Guinea-Bissau's economy is a mixed economy that encourages both private
and public ownership. Guinea Bissau has a population of 1,9 million people.
The country is inundated with natural resources such minerals, cashews and
fish. The country continues to struggle to extract theses resources as its weak
institutions make it and unfavorable investment destination. The economy is
mainly dependent on farming and fishing, but the trafficking of narcotics in
the informal sector is probably the most lucrative trade. The combination of
Pg. 240 Africa Business Directory - Ed. 2022

limited economic prospects, a weak and faction-ridden government, and

favorable geography have made this West African country a way station for
drugs bound for Europe. Cashew crops have increased remarkably in recent
years; low rainfall remains threat to the country’s production of cereal.
Guinea-Bissau exports fish and seafood along with small amounts of
peanuts, palm kernels, and timber. Rice is the major crop and staple food.
However, intermittent fighting between Senegalese-backed government
troops and a military junta destroyed much of the country's infrastructure and
caused widespread damage to the economy at the turn of the century. About
a decade ago the World Bank and IMF announced support for $1.2 billion worth
of debt relief. Guinea-Bissau faces a moderate risk of debt distress, based on
an assessment of public and publicly guaranteed external debt, but a
heightened overall risk of debt distress, reflecting the currently high level of
total public debt. In 2017 Guinea-Bissau contracted a US$11 million (0.9
percent of GDP) loan from the Arab Bank for Economic Development in Africa
(BADEA) to boost electricity supply. The loan carries an interest rate of 1
percent, a grace period of 10 years, and maturity of 30 years. It is thus
concessional, with a grant element of 49 %. Politically, Guinea Bissau is fairly
stable, for the country to progress, further economic reforms will be required
to bring in more FDI.

GDP Growth Rate GDP per Capita

-2.4% $757
Pg. 241 Africa Business Directory - Ed. 2022

5.25.3. GDP Composition by Sectors

Main GDP Composition Elements

56%
60%

50%

40% 31%
30%

20% 13%

10%

0%
Agriculture Industry Services

5.25.4. Trade
Export Commodities Industries Natural Resources

✓ Agricultural ✓ Fish
✓ Fish,
products ✓ Timber
✓ Shrimp,
processing ✓ Phosphates
✓ Cashew nuts,
✓ Beer ✓ Bauxite
✓ Peanuts,
✓ Soft drinks ✓ Clay
✓ Palm kernels,
✓ Granite
✓ Sawn lumber
✓ Limestone
Pg. 242 Africa Business Directory - Ed. 2022

5.25.5. Export & Import

Key Exports

80% 67%

60%

40%
21%

20%

0%
India Vietnam

Key Imports

48%
50%

40%

30%

20%
12% 10% 8%
10% 5%

0%
Portugal Senegal China Netherlands Pakistan

5.25.6. Contacts
Investment Promotion Agency

GUINEE BISSAU INVEST

Address

Phone

Fax
Pg. 243 Africa Business Directory - Ed. 2022

Email invest@guinebissau.com/

Website http://guinebissau.com/

Business Council & Associations

AGUIPEL (ASSOCIATION GUINEENNE DE LA PRESSE EN LIGNE)

Imm. El Mamadou Pellal Barry, 3ème étage coté

Address
Est, Koloma Ratoma Conakry - Guinée

Phone (+224) 620 20 20 80

Fax

Email

Website http://www.guipel.org/

COCIMOP SANTE

Address CP. 822 – BISSAU

Phone (+224) 664 52 45 07

Fax

Email

Website mohkerf69@gmail.com

FEDERATION NATIONALE DES PROFESSIONNELS DE LA FILIERE DE BOIS

Address Dabondy , Route Niger Matoto Conakry - Guinée

Pg. 244 Africa Business Directory - Ed. 2022

Phone (+224) 625 21 09 77

Fax

Email fnpfbois@gmail.com

Website

GOD (GROUPEMENT DES ORPAILLEURS DE DALAGUEDA)

Address Sige au Quartier ORS Siguiri - Guinée

Phone (+224) 622 39 81 95

Fax

Email

Website

onfppguinee

Address CP. 703 – BISSAU

Phone (+245) 21 19 43

Fax (+245) 20 50 69

Email contact@onfppguinee.org

Website https://onfppguinee.org/
Pg. 245 Africa Business Directory - Ed. 2022

5.26. Republic of Kenya

5.26.1. About
Kenya, officially the Republic of Kenya (Swahili: Jamhuri ya Kenya), is a
country in Eastern Africa. At 580,367 square kilometres (224,081 sq mi), Kenya
is the world's 48th largest country by area. With a population of more than
47.6 million in the 2019 census, Kenya is the 29th most populous country in the
world. Kenya's capital and largest city is Nairobi, while its oldest, currently
second largest city, and first capital is the coastal city of Mombasa. Kisumu
City is the third-largest city and also an inland port on Lake Victoria. Other
important urban centres include Nakuru and Eldoret. As of 2020, Kenya is the
third-largest economy in sub-Saharan Africa after Nigeria and South Africa.
Kenya is bordered by South Sudan to the northwest, Ethiopia to the north,
Somalia to the east, Uganda to the west, Tanzania to the south, and the Indian
Ocean to the southeast. Its geography, climate and population vary widely,
ranging from cold snow-capped mountaintops (Batian, Nelion and Point
Lenana on Mount Kenya) with vast surrounding forests, wildlife and fertile
agricultural regions to temperate climates in western and rift valley counties
and dry less fertile arid and semi-arid areas and absolute deserts (Chalbi
Desert and Nyiri Desert).

KENYA

Capital[01] Nairobi

Eastern Africa, bordering the Indian

Location[01] Ocean, between Somalia and
Tanzania

Area[01] 580,367 sq km

Ethiopia, Somalia, Tanzania, South

Border Countries[01]
Sudan, Uganda
Limestone, soda ash, salt,
gemstones, fluorspar, zinc,
Natural Resources[02]
diatomite, gypsum, wildlife,
hydropower
Varies from tropical along coast to
Climate[01]
arid in interior
Pg. 246 Africa Business Directory - Ed. 2022

Population[03] 53,771,300 (2020 est.)

English (official), Kiswahili (official),

Languages[01]
numerous indigenous languages
Kikuyu, Luhya, Luo, Kalenjin, Kamba,
Ethnic Groups[01]
Kisii, Meru

GDP Growth Rate[04] -0.3% (2020 est.)

GDP per Capita[04] $1,878.6 (2020 est.)

Agriculture: 23.03%, Industry: 17.03%,

GDP Composition/Sector[03]
Services: 53.56% (2020)
Agriculture: 61%, Industry: 6.7%,
Labour Force/Occupation[02]
Services: 25% (2018 est.)

Unemployment Rate[05] 9.93% (2019 est.)

Unemployment 15-24 16.3 (2019 est.)

years[03]

GINI index[03] 41.6 (2018 est.)

Population Below Poverty[03] 16% (2019 est.)

HDI[03] 0.590 (2017 est.)

Inflation rate[03] 6.47% (2020 est.)

Tea, horticultural products, coffee,

Export Commodities[01]
petroleum products, fish, cement
Tea, coffee, corn, wheat, sugarcane,
Agriculture Products[01] fruit, vegetables, dairy products,
beef, pork, poultry, eggs
Small-scale consumer goods
plastic, furniture, batteries, textiles,
Industries[06] clothing, soap, cigarettes, flour,
agricultural products, horticulture, oil
refining, aluminum, steel, lead,
Pg. 247 Africa Business Directory - Ed. 2022

cement, commercial ship repair,

tourism

Public Debt[03] 55.66% of GDP (2021 est.)

Investment[04] 20.14% of GDP (2021 est.)

Trade Balance[06] -$8.79 Billion

5.26.2. Economic Overview

Kenya is the economic hub of East Africa. The country is a neighbor to
Tanzania, Somalia, Uganda and Ethiopia. Kenya has a population of 53,7
million and a GDP per capita $1,878 USD, representing 0.14 % of the world
economy. The country is a founding member of the East African Community
and plays a key role in the East African region. Although the regional hub for
trade and finance in East Africa, Kenya has been hampered by corruption and
by reliance upon several primary goods whose prices have remained low. The
importing of low-cost goods continues to be a challenge for local
competition. Low infrastructure investment threatens Kenya's long-term
position as the largest East African economy. The country has recently been
involved in infrastructure projects such as the Mombasa–Nairobi Standard
Gauge Railway (SGR) whose finance was finalized in 2014 at a cost of US$3.6
billion. Kenya’s political scene has been relatively stable since the political
crisis of 2007 and 2017. With regard to the 2017 crisis, the situation that once
saw Kenya ranked the second most uncertain investment destination by the
IMF’s World Uncertainty Index’ (WUI) has since stabilized.

GDP Growth Rate GDP per Capita

6% $1,711
Pg. 248 Africa Business Directory - Ed. 2022

5.26.3. GDP Composition by Sectors

Main GDP Composition Elements

48%
50%
35%
40%

30%
18%
20%

10%

0%
Agriculture Industry Services

5.26.4. Trade
Export Commodities Industries Natural Resources

✓ Small-scale ✓ Limestone
✓ Tea,
consumer goods ✓ Soda ash
✓ Horticultural
plastic ✓ Salt
products,
✓ Furniture ✓ Gemstones
✓ Coffee,
✓ Batteries ✓ Fluorspar
✓ Petroleum
✓ Textiles ✓ Zinc
products,
✓ Clothing ✓ Diatomite
✓ Fish,
✓ Soap ✓ Gypsum
✓ Cement
✓ Cigarettes ✓ Wildlife
✓ Flour ✓ Hydropower
✓ Agricultural
products
✓ Horticulture
✓ Oil refining
✓ Aluminum
✓ Steel
✓ Lead
✓ Cement
✓ Commercial ship
repair
Pg. 249 Africa Business Directory - Ed. 2022

✓ Tourism

5.26.5. Export & Import

Key Exports

11% 11%
12%
10% 8% 7%
8% 6%
5%
6% 4%
4%
2%
0%

Key Imports

30,00% 26,70%

25,00%

20,00%

15,00% 10,70%
10,00% 7,34%
3,47% 4,14%
5,00%

0,00%
China India United Arab Saudi Arabia Japans
Emirates

5.26.6. Contacts
Investment Promotion Agency

KenInvest

UAP Old Mutual Tower, 15th Floor, Upper Hill Road.

Address
P.O. Box 55704 - 00200 City Square, Nairobi, Kenya
Pg. 250 Africa Business Directory - Ed. 2022

Phone +254 (730) 104-200

Fax

Email info@invest.go.ke

Website http://www.invest.go.ke/

Business Council & Associations

kenyachamber

Address P.O.BOX 30551 00100 – NAIROBI

Phone (+254) 203 31 88 88

Fax

Email info@mfa.go.ke

Website https://www.mfa.go.ke/

German Business Association

Address P.O.BOX 30321 – NAIROBI

Phone +254 20 6633-125

Fax

Email gbasecretary@kenya-ahk.co.ke

Website https://gba.co.ke/

ASSOCIATION OF FAMILY BUSINESS ENTREPRISES

Pg. 251 Africa Business Directory - Ed. 2022

Address Kaboke House, Statehouse Avenue,

Phone P.O Box: 47437 – 00100, Nairobi, Kenya

Fax (+254) (20) 2532070

Email +254) 20 89 12 49

Website cimbria@africaonline.co.ke

ASSOCIATION OF FAMILY BUSINESS ENTREPRISES

Address P.O. Box 19016, 00100, Parklands, Nairobi Kenya

Phone

Fax (+254) 733 50 95 09

Email

Website info@ebckenya.org

British Business Association of Kenya / British Chamber of Commerce of

Kenya (BBAK-BCCK).

Address P.O.BOX 19030 – MOMBASA

Phone (+254) 718 847 756

Fax (+254) 20 53 57 23

Email ceo@bcckenya.org

Website https://www.bcckenya.org/
Pg. 252 Africa Business Directory - Ed. 2022

5.27. Kingdom of Lesotho

5.27.1. About
Lesotho, officially the Kingdom of Lesotho (Sotho: Naha ea Lesotho), is an
enclaved country surrounded by South Africa. It is a mountainous country
situated in the Maloti Mountains, and contains the highest mountains in
Southern Africa. Lesotho has an area of just over 30,000 km2 (11,600 sq. mi)
and has a population of about 2 million. Its capital and largest city is Maseru.
The official languages are Sesotho and English.

LESOTHO

Capital[01] Maseru

Southern Africa, an enclave of South

Location[01]
Africa

Area[01] 30,355 sq km

Border Countries[01] South Africa

Water, agricultural and grazing land,

Natural Resources[02]
sand, clay, building stone, diamonds
Temperate, cool to cold, dry winters,
Climate[01]
hot, wet summers

Population[03] 2,142 (2020 est.)

Sesotho (southern Sotho) and

Languages[01]
English (official), Zulu, Xhosa
Sotho 99.7%, Europeans, Asians, and
Ethnic Groups[01]
other

GDP Growth Rate[04] -11.1% (2020 est.)

GDP per Capita[04] $861 (2020 est.)

Agriculture: 6.26%, Industry: 29.97%,

GDP Composition/Sector[03]
Services: 52.39% (2020)
Pg. 253 Africa Business Directory - Ed. 2022

Labour Agriculture: 86%, Industry and

Force/Occupation[02] Services: 14% (2018)

Unemployment Rate[05] 24.65% (2020 est.)

Unemployment 15-24 37.8% (2018)

years[03]

GINI index[03] 54.2 (2010)

Population Below Poverty[03] 53.1% (2020)

HDI[03] 0.527 (2019)

Inflation rate[03] 5.19% (2019 est.)

Manufactures (clothing), diamonds

Export Commodities[01] wool and mohair, food and live
animals, electricity, water,
Corn, wheat, pulses, sorghum,
Agriculture Products[01]
livestock, barley
Food, beverages, textiles, apparel
Industries[06] assembly, handicrafts, construction,
tourism

Public Debt[03] 50.02%; of GDP

Investment[04] 29.26% of GDP (2019)

Trade Balance[06] $-831.3 Million

5.27.2. Economic Overview

Lesotho is a small, landlocked, and mountainous country that is bordered by
South Africa. Lesotho has a population of 2,1 million and a GDP per capita of
$861 USD, about 0.01% of the world economy. The country largely relies on
remittances from Basotho (people from Lesotho) employed in South Africa,
customs duties from the Southern Africa Customs Union (SACU), and export
revenue for the majority of government revenue. However, the government
has recently strengthened its tax system to reduce dependency on customs
Pg. 254 Africa Business Directory - Ed. 2022

duties. Completion of a major hydropower facility in January 1998 permitted

the sale of water to South Africa and generated royalties for Lesotho. Lesotho
produces about 90% of its own electrical power needs. As the number of
mineworkers has declined steadily over the past several years, a small
manufacturing base has developed based on farm products that support the
milling, canning, leather, and jute industries, as well as an apparel-assembly
sector. Despite Lesotho's market-based economy being heavily tied to its
neighbor South Africa, the US is an important trade partner because of the
export sector's heavy dependence on apparel exports. Exports have grown
significantly because of the trade benefits contained in the Africa Growth and
Opportunity Act (AGOA). Most of the labor force is engaged in subsistence
agriculture, especially livestock herding, although drought has decreased
agricultural activity. The extreme inequality in the distribution of income
remains a major drawback. Lesotho has signed an Interim Poverty Reduction
and Growth Facility with the IMF. In July 2007, Lesotho signed a Millennium
Challenge Account Compact with the US worth $362.5 million. Economic
growth dropped in 2009, due mainly to the effects of the global economic
crisis as demand for the country’s exports declined and SACU revenue fell
precipitously when South Africa - the primary contributor to the SACU revenue
pool - went into recession. Over the period 2015-2018, economic growth in
Lesotho has been slow as a result of slow growth in the South African
economy as well as political instability. Growth over the same period has
averaged 1.4%. Politically, the country is fairly stable, Lesotho is a constitutional
democracy, ruled by a monarch, the King is Head of State, and the country is
also governed by a Senate as well as a National Assembly. The SADC has
played a key role in the lowering of political tensions. The SADC has made
recommendations on reforms the country must make in order to make
progress in its developmental agenda. With the lowering of political tensions,
the country has potential to establish itself as a tourist destination.

GDP Growth Rate GDP per Capita

11.1% $861
Pg. 255 Africa Business Directory - Ed. 2022

5.27.3. GDP Composition by Sectors

Main GDP Composition Elements

60%
60%

50%
35%
40%

30%

20%
5%
10%

0%
Agriculture Industry Services

5.27.4. Trade
Export Commodities Industries Natural Resources

✓ Food ✓ Water
✓ Manufactures
✓ Beverages ✓ Agricultural and
(clothing),
✓ Textiles grazing land
✓ Diamonds wool
✓ Apparel ✓ Sand
and mohair,
assembly ✓ Clay
✓ Food and live
✓ Handicrafts ✓ Building stone
animals,
✓ Construction ✓ Diamonds
✓ Electricity,
✓ Tourism
✓ Water,
Pg. 256 Africa Business Directory - Ed. 2022

5.27.5. Export & Import

Key Exports

30,80%
31,00%
30,50%
30,00%
29,20%
29,50%
29,00%
28,50%
28,00%
Belgium United State

Key Imports

71,10%
80,00%

60,00%

40,00%

20,00%

0,00%
South Africa

5.27.6. Contacts
Investment Promotion Agency

LESOTHO NATIONAL DEVELOPMENT COPRPORATION

Lesotho National Development Corporation Block

Address A, Development House, Kingsway Street Maseru,
Lesotho, 100

Phone info@lndc.org.ls
Pg. 257 Africa Business Directory - Ed. 2022

Fax

Email ce@lndc.org.ls

Website http://www.lndc.org.ls/

Business Council & Associations

Association of Lesotho Employers & Business

Address 18 Bowker Road, Old Europa, Lesotho

Phone +266 2231 5736

Fax

Email info@aleb.org.ls

Website aleb.org.ls

US Southern Africa Business Council

Address P.O.BOX 47 – MASERU

Phone

Fax

Email AfBC@uschamber.com

Website uschamber.com

usafricabusinesscenter
Pg. 258 Africa Business Directory - Ed. 2022

Address P.O.BOX 395 – MASERU

Phone +266) 22 31 11 01

Fax

Email hmf@finance.gov.ls

Website https://www.finance.gov.ls/

Lesotho Chamber of Commerce and Industry

Address P.O.BOX 514 – MASERU

Phone +266 2231 1066

Fax

Email lcci@leo.co.ls

Website leo.co.ls

Lesotho Council of Ngos

Address P.O.BOX 514 – MASERU

Phone +266 2 662 235 798

Fax

Email info@Icn.org.Is

Website Icn.org.Is
Pg. 259 Africa Business Directory - Ed. 2022

5.28. Republic of Liberia

5.28.1. About
Liberia, officially the Republic of Liberia, is a country on the West African coast.
It is bordered by Sierra Leone to its northwest, Guinea to its north, Ivory Coast
to its east, and the Atlantic Ocean to its south and southwest. It has a
population of around 5 million and covers an area of 111,369 square kilometers
(43,000 sq. mi). English is the official language, but over 20 indigenous
languages are spoken, reflecting the country's ethnic and cultural diversity.
The country's capital and largest city is Monrovia.

LIBERIA

Capital[01] Monrovia

Western Africa, bordering the North

Location[01]
Atlantic Ocean

Area[01] 111,369 sq km

Border Countries[01] Sierra Leone, Guinea, Cote d’Ivoire

Iron ore, timber, diamonds, gold,

Natural Resources[02]
hydropower
Tropical, hot, humid, dry winters with
Climate[01]
hot days and cool to cold nights

Population[03] 5,057,677 (2020 est.)

English 20% (official), some 20 ethnic

Languages[01]
group languages
Kpelle, Bassa, Greb cassava o, Gio,
Ethnic Groups[01]
Mano, Kru, Lorma Kissi

GDP Growth Rate[04] -3.0% (2020)

GDP per Capita[04] $632.9 (2020)

Pg. 260 Africa Business Directory - Ed. 2022

Agriculture: 36.1%, Industry: 10.5%,

GDP Composition/Sector[03]
Services: 53.4% (2017)
Agriculture: 70%, Industry: 8%,
Labour Force/Occupation[02]
Services: 22% (2000 est.)

Unemployment Rate[05] 2.4% (2017 est.)

Unemployment 15-24 2.92% (2018)

years[03]

GINI index[03] 35.3 (2016)

Population Below Poverty[03] 50.9% (2016)

HDI[03] 0.48 (2018)

Inflation rate[03] 26.97% (2019 est.)

Rubber, timber, iron, diamonds,

Export Commodities[01]
cocoa, coffee
Rubber, coffee, cocoa, cassava
Agriculture Products[01] (manioc), palm oil, sugarcane, rice
bananas, sheep, goats, timber
Rubber processing, palm oil
Industries[06]
processing, timber, diamonds

Public Debt[03] 58.38% of GDP (2020 est.

Investment[04] 47.8% of GDP (2020 est.)

Trade Balance[06] -$57.40 Million

5.28.2. Economic Overview

Liberia is a low-income country heavily reliant on foreign assistance for
revenue. Liberia has a population of around 5 million people and a GDP per
capita of $632 USD. Civil war and government mismanagement destroyed
much of Liberia's economy, especially the infrastructure in and around the
capital, Monrovia. Many businesses fled the country, taking capital and
expertise with them, but with the conclusion of fighting and the installation of
Pg. 261 Africa Business Directory - Ed. 2022

a democratically-elected government in 2006, several have returned. Liberia

has the distinction of having the highest ratio of direct foreign investment to
GDP in the world. Richly endowed with water, mineral resources, forests, and
a climate favorable to agriculture, Liberia had been a producer and exporter
of basic products, primarily raw timber and rubber and is reviving those
sectors. The post 2006 governments have taken steps to reduce corruption,
build support from international donors, and encourage private investment.
Embargos on timber and diamond exports have been lifted, opening new
sources of revenue for the government and Liberia shipped its first major
timber exports to Europe in 2010. The country reached its Heavily Indebted
Poor Countries initiative completion point in 2010 and nearly $5 billion of
international debt was permanently eliminated. This new status will enable
Liberia to establish a sovereign credit rating and issue bonds. Liberia’s Paris
Club creditors agreed to cancel Liberia’s debt as well. The IMF has completed
the sixth review of Liberia’s extended credit facility, bringing total
disbursements to over $379 million. The African Development Bank approved
a grant of $48 million in 2011 to support economic governance and
competitiveness. Rebuilding infrastructure and raising incomes will depend
on generous financial and technical assistance from donor countries and
foreign investment in key sectors, such as infrastructure and power
generation. Liberia’s political environment is fairly stable, with the transfer of
power from one governing party to the other proving seamless. If the country
is to make further progress the guarding of democratic institutions will be key.

GDP Growth Rate GDP per Capita

-2.9% $583
Pg. 262 Africa Business Directory - Ed. 2022

5.28.3. GDP Composition by Sectors

Main GDP Composition Elements

60% 53%

50%
36%
40%

30%

20% 10%
10%

0%
Agriculture Industry Services

5.28.4. Trade
Export Commodities Industries Natural Resources

✓ Rubber ✓ Iron Ore

✓ Rubber,
Processing ✓ Timber
✓ Timber,
✓ Palm Oil ✓ Diamonds
✓ Iron,
Processing ✓ Gold
✓ Diamonds,
✓ Timber ✓ Hydropower
✓ Cocoa,
✓ Diamonds
✓ Coffee
Pg. 263 Africa Business Directory - Ed. 2022

5.28.5. Export & Import

Key Exports

40% 36%
35%
30%
25%
20% 14%
15% 9% 7%
10% 5%
5%
0%
Switzerland United Arab United State Indonesia
Germany Emirates

Key Imports

30%
30%
24%
25%

20% 17%

15%
9%
10%

5%

0%
Singapore China South Korea Japan

5.28.6. Contacts
Investment Promotion Agency

National investment comission

Address National investment comission

Phone

Fax
Pg. 264 Africa Business Directory - Ed. 2022

Email

Website contact@investliberia.gov.lr

Business Council & Associations

Liberian Business Association

1 ST FLOOR, J MART BUILDING, RANDALL ST –

Address
MONROVIA

Phone 612 607 4233

Fax

Email contact@libausa.org/

Website https://www.libausa.org/

Liberia Business Association (LIBA) and the United Kingdom-Liberia

Chamber of Commerce

Address MONROVIA

Phone (+231) 06 51 15 22

Fax

Email

Website

Association of Liberian Construction Contractors

Address 78F4+J24, Mills Center, Liberia

Pg. 265 Africa Business Directory - Ed. 2022

Phone +231 88 624 3399

Fax

Email info@alccliberia.com

Website https://www.alccliberia.org/

LIBERIA TIMBER ASSOCIATION (LTA)

2nd Floor, UMC Compound, 12th street, Sinkor,

Address
Monrovia, Liberia

Phone +231 (0) 886 517 811

Fax

Email libtimber1.5@yahoo.com

Website

5.29. Libya
5.29.1. About
Libya, officially the State of Libya (Arabic: ‫دولة ليبيا‬, romanized: Dawlat Lībiyā), is
a country in the Maghreb region in North Africa. It is bordered by the
Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast,
Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to
the northwest. Libya is made of three historical regions: Tripolitania, Fezzan,
and Cyrenaica. With an area of almost 700,000 square miles (1.8 million km2),
it is the fourth-largest country in Africa and the Arab world, and the 16th-
largest in the world. Libya has the 10th-largest proven oil reserves in the world.
The largest city and capital, Tripoli, is located in western Libya and contains
over three million of Libya's seven million people.
Pg. 266 Africa Business Directory - Ed. 2022

LIBYA

Capital[01] Tripoli

Northern Africa, bordering the

Location[01] Mediterranean Sea, between Egypt,
Tunisia, and Algeria

Area[01] 1,759,540 sq km

Algeria, Chad, Egypt, Niger, Tunisia,

Border Countries[01]
Sudan

Natural Resources[02] Petroleum, natural gas, gypsum

Mediterranean along coast, dry,

Climate[01]
extreme desert interior

Population[03] 6,871,287 (2020 est.)

Arabic (official), Italian, English,

Languages[01]
Berber

Ethnic Groups[01] Berber and Arab 97%, other 3%

GDP Growth Rate[04] 31.8% (2020 est.)

GDP per Capita[04] $3699 (2020 est.)

Agriculture: 1.3%, Industry: 63.8%,

GDP Composition/Sector[03]
Services: 34.9% (2017 est.)
Labour Agriculture: 33.86%, Industry: 18.62%,
Force/Occupation[02] Services: 47.52% (2018)

Unemployment Rate[05] 19.39% (2018 est.)

Unemployment 15-24 51.5%

years[03]

GINI index[03] NA

Population Below Poverty[03] NA

Pg. 267 Africa Business Directory - Ed. 2022

HDI[03] 0.77

Inflation rate[03] 21.11% (2019 est.)

Crude oil, refined petroleum

Export Commodities[01]
products, natural gas, chemicals
Wheat, barley, olives, dates, citrus,
Agriculture Products[01] vegetables, peanuts, soybeans,
cattle
Petroleum, petrochemicals,
aluminium, iron and steel, food
Industries[06]
processing, textiles, handicrafts,
cement

Public Debt[03] 36.39% of GDP (2014 est.)

Investment[04] 33.4% of GDP (2018 est.)

Trade Balance[06] $-4.895 Billion

5.29.2. Economic Overview

The Libyan economy depends primarily upon revenue from hydrocarbons,
which contribute about 95% of export earnings, 65% of GDP, and 80% of
government revenue. Substantial revenue from the energy sector coupled
with a small population give Libya one of the highest per capita GDPs in Africa,
but little of this income flowed to the lower orders of society. Libya has a
population of 6 million people and a GDP per capita of $3,699 USD. Libya in
the past five years has made slow progress on reintegrating itself with the
international community and with the Arab community. Post the Arabic
spring and the ouster of Muammar Gaddafi, Libya is yet to hold elections as
the election dates keep being postponed. It is hoped the proposed
presidential elections in 2020 will usher in a period of stability that will deal
with the migrant crisis as well as boost oil production. Production outages are
a frequent occurrence as various armed groups vie for power over the
country’s oil riches. Currently the government of national unity has released
state funding to the tune of $1.06 billion to the National Oil Corporation that
NOC will use to maintain oil production for the rest of 2019. The government
Pg. 268 Africa Business Directory - Ed. 2022

has a long term ambition of reaching its pre-2011 quota of at least 1.6 million
BPD. Libya currently produces about 1.3 million BPD of crude oil, but NOC has
plans to boost this considerably. Libya faces a long road ahead in liberalizing
its primarily socialist economy, but the revolution probably increases the
opportunity for entrepreneurial activity and the evolution of a more market-
based economy. The service and construction sectors, which account for
roughly 20% of GDP, expanded over the past five years and could become a
larger share of GDP after political volatility subsides. Climatic conditions and
poor soils severely limit agricultural output, and Libya imports about 75% of its
food. Libya's primary agricultural water source remains the Great Manmade
River Project, but significant resources will be needed in desalinization to meet
growing water demands.

GDP Growth Rate GDP per Capita

-31% $3,699

5.29.3. GDP Composition by Sectors

Main GDP Composition Elements

64%
70%
60%
50%
35%
40%
30%
20%
10% 1%
0%
Agriculture Industry Services
Pg. 269 Africa Business Directory - Ed. 2022

5.29.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Petroleum
✓ Crude oil
✓ Petrochemicals ✓ Natural Gas
✓ Refined
✓ Aluminum ✓ Gypsum
petroleum
✓ Iron And Steel
products
✓ Food Processing
✓ Natural gas
✓ Textiles
✓ Chemicals
✓ Handicrafts
✓ Cement

5.29.5. Export & Import

Key Exports

25,00%
21,10%

20,00%

15,00%
9% 9,14% 8,48%
10,00% 7,53%

5,00%

0,00%
Italy Spain Egypt Germany China
Pg. 270 Africa Business Directory - Ed. 2022

Key Imports

14%
14%
12% 11%

10%
7%
8% 6%
5%
6%
4%
2%
0%
China Turkey Italy South Korea Spain

5.29.6. Contacts
Investment Promotion Agency
N/A

Business Council & Associations

Libyan British Business Council (LBBC)

Address - TRIPOLI

Phone +44 (0) 20 7788 7935

Fax

Email secretariat@lbbc.org.uk

Website https://lbbc.org.uk/

Turkey-Libya Business Council

Address TRIPOLI

Phone (+218) 21 333 09 13

Pg. 271 Africa Business Directory - Ed. 2022

Fax (+218) 21 360 31 45

Email contact@libyan-tourism.org

Website https://www.libyan-tourism.org/

US-Libya Business Association

Address TRIPOLI

Phone

Fax

Email information@us-lba.org

Website http://www.us-lba.org/

5.30. Republic of Madagascar

5.30.1. About
Madagascar (Malagasy: Madagasikara), officially the Republic of
Madagascar (Malagasy: Repoblikan'i Madagasikara; French: République de
Madagascar), and previously known as the Malagasy Republic, is an island
country in the Indian Ocean, approximately 400 kilometers (250 miles) off the
coast of East Africa across the Mozambique Channel. At 592,800 square
kilometers (228,900 sq. mi) Madagascar is the world's second-largest island
country, after Indonesia. The nation consists of the island of Madagascar (the
fourth-largest island in the world) and numerous smaller peripheral islands.
Following the prehistoric breakup of the supercontinent Gondwana,
Madagascar split from the Indian subcontinent around 88 million years ago,
allowing native plants and animals to evolve in relative isolation.
Pg. 272 Africa Business Directory - Ed. 2022

Consequently, Madagascar is a biodiversity hotspot; over 90% of its wildlife is

endemic.

MADAGASCAR

Capital[01] Antananarivo

Southern Africa, island in the Indian

Location[01]
Ocean, east of Mozambique

Area[01] 587,041 sq km

Border Countries[01] NA

Graphite, chromite, coal, bauxite,

rare earth elements, salt, quartz, tar
Natural Resources[02]
sands, semiprecious stones, mica,
fish, hydropower
Tropical along coast, temperate
Climate[01]
inland, arid in south

Population[03] 27,690,000 (2020)

French (official), Malagasy (official),

Languages[01]
English
Malayo-Indonesian, Cotiers, French,
Ethnic Groups[01]
Indian, Creole, Comoran

GDP Growth Rate[04] 4% (2020 est.)

GDP per Capita[04] $495.49 (2020 est.)

Agriculture: 24.12%, Industry: 19.46%,

GDP Composition/Sector[03]
Services: 49.63% (2020)

Labour Force/Occupation[02] NA

Unemployment Rate[05] 1.92%(2020)

Unemployment 15-24 4.5% (2020)

years[03]
Pg. 273 Africa Business Directory - Ed. 2022

GINI index[03] 42.6 (2012)

Population Below Poverty[03] 75% (2020)

HDI[03] 0.528 (2019)

Inflation rate[03] 7.9% (2019)

Coffee, vanilla, shellfish, sugar,

Export Commodities[01] cotton cloth, clothing, chromite,
petroleum products
Coffee, vanilla, sugarcane, cloves,
cocoa, rice, cassava (tapioca),
Agriculture Products[01]
beans, bananas, peanuts, livestock
products
Meat processing, seafood, soap,
breweries, tanneries, sugar, textiles,
Industries[06] glassware, cement, automobile
assembly plant, paper, petroleum,
tourism

Public Debt[03] 45.14% of GDP (2020 est.)

Investment[04] 45.72% of GDP (2018 est.)

Trade Balance[06] -$970 Million

5.30.2. Economic Overview

Madagascar is an island country located off the coast of East Africa in the
Indian Ocean. The country is made of 27,6 million people with a GDP per capita
of $495 USD. After discarding socialist economic policies in the mid-1990s,
Madagascar followed a World Bank- and IMF-led policy of privatization and
liberalization that has been undermined since the start of the political crisis.
This strategy placed the country on a slow and steady growth path from an
extremely low level. Agriculture, including fishing and forestry, is a mainstay
of the economy, accounting for more than one-fourth of GDP and employing
80% of the population. Exports of apparel boomed in recent years primarily
Pg. 274 Africa Business Directory - Ed. 2022

due to duty-free access to the US, however, Madagascar's failure to comply

with the requirements of the African Growth and Opportunity Act (AGOA) led
to the termination of the country's duty-free access in January 2010 and a
sharp fall in textile production. Deforestation and erosion, aggravated by the
use of firewood as the primary source of fuel, are serious concerns. The
current political crisis, which began in early 2009, has dealt additional blows
to the economy. Tourism dropped more than 50% in 2009 compared with the
previous year, and many investors are wary of entering an uncertain
investment environment. Madagascar has enjoyed sustained economic
growth over the past decade. Between 2013 and 2017, the economy grew from
2.3% in 2013 to an estimated 4.2% in 2017, GDP growth has steadily improved.
The most important driver of growth over the past decade has been growth
in the services sector, which is characterized by a small but dynamic private
sector. The year-on-year growth of the services sector was estimated at 5.2%
in 2017. One component of the services sector that is performing particularly
well is trade, which increased by 4.1% in 2017.

GDP Growth Rate GDP per Capita

-4.2% $495
Pg. 275 Africa Business Directory - Ed. 2022

5.30.3. GDP Composition by Sectors

Main GDP Composition Elements

60%
60%

50%

40%
24%
30%
16%
20%

10%

0%
Agriculture Industry Services

5.30.4. Trade
Export Commodities Industries Natural Resources

✓ Meat Processing ✓ Graphite

✓ Coffee
✓ Seafood ✓ Chromite
✓ Vanilla
✓ Soap ✓ Coal
✓ Shellfish
✓ Breweries ✓ Bauxite
✓ Sugar, cotton
✓ Tanneries ✓ Rare Earth
cloth
✓ Sugar Elements
✓ Clothing
✓ Textiles ✓ Salt
✓ Chromite
✓ Glassware ✓ Quartz
✓ Petroleum
✓ Cement ✓ Tar Sands
products
✓ Automobile ✓ Semiprecious
Assembly Plant Stones
✓ Paper ✓ Mica
✓ Petroleum ✓ Fish
✓ Tourism ✓ Hydropower
Pg. 276 Africa Business Directory - Ed. 2022

5.30.5. Export & Import

Key Exports

25%
25%
20% 17%

15%
10% 7% 6% 6% 6%

5%
0%

Key Imports

19%
20%

15%

9%
10%
6% 6%
5%
5%

0%
China India France South Africa United Arab
Emirates

5.30.6. Contacts
Investment Promotion Agency

edbm

ANTANANARIVO MADAGASCAR RAMANANTSOA

Address Antaninarenina, Immeuble EDBM, Avenue Gal
Gabriel

Phone +261 20 22 681 21

Pg. 277 Africa Business Directory - Ed. 2022

Fax

Email edbm@edbm.mg

Website https://edbm.mg/

Business Council & Associations

AAFEX-MADAGASCAR (ASSOCIATION AFRIQUE AGROEXPORT - SECTION
MADAGASCAR)
CROC FARM IVATO ANOSIALA BP 11105 -
Address
Antananarivo 115 Antananarivo - Madagascar

Phone (+261) 320 70 36 94

Fax

Email info@aafex.com/

Website http://aafex.com/

AMIC (ASSOCIATION MALAGASY DES INVESTISSEURS EN CAPITAL)

AMIC (ASSOCIATION MALAGASY DImm. Assist 5ème

Address étage Ivandry 101 Antananarivo-Rv Antananarivo -
MadagascarES INVESTISSEURS EN CAPITAL)

Phone (+261) 202 24 34 00

Fax

Email contact@amic.mg

Website https://www.amic.mg/
Pg. 278 Africa Business Directory - Ed. 2022

APEM (ASSOCIATION POUR LA PROMOTION DE L’ENTREPRISE A

MADAGASCAR)
24, Rue Naka Rabemanantsoa Immeuble Santa Lot
Address III 3ème étage Antanimena Antananarivo 101
Antananarivo - Madagascar

Phone (+261) 202 26 27 75

Fax

Email contact@apem-mada.com

Website www.apem-mada.com

APIFM (ASSOCIATION PROFESSIONNELLE DES INSTITUTIONS DE

MICROFINANCE)
Lot Près IIA 119 Bis Soavimbahoaka 101 Antananarivo
Address
Antananarivo - Madagascar

Phone (+261) 202 25 23 27

Fax

Email apimf_mada@yahoo.ca

Website https://www.apimfmada.mg/

CHAMBRE DES MINES

c/o Qit Madagascar Minerals SA Villa 3H – Lot II J

Address 169 BP 4003 Ivandry Antananarivo 101 Antananarivo
- Madagascar

Phone (+261) 202 22 73 48

Fax (+261) 202 22 02 13

Pg. 279 Africa Business Directory - Ed. 2022

Email info@mineschamber.mg/

Website https://www.mineschamber.mg/

FEKRITAMA (CONFEDERATION DES AGRICULTEURS DE MADAGASCAR)

Lot IV M 7 Ambodivona BP 1291, 101 Antananarivo

Address
Antananarivo - Madagascar

Phone (+261) 202 26 58 67

Fax (+261) 202 47 80 28

Email contact@fekritama.com

Website www.fekritama.com

5.31. Republic of Malawi

5.31.1. About
Malawi, officially the Republic of Malawi, is a landlocked country in
Southeastern Africa that was formerly known as Nyasaland. It is bordered by
Zambia to the west, Tanzania to the north and northeast, and Mozambique to
the east, south and southwest. Malawi spans over 118,484 km2 (45,747 sq. mi)
and has an estimated population of 19,4 million (as of January 2021). Malawi's
capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-
largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name
Malawi comes from the Maravi, an old name for the Chewa people who
inhabit the area. The country is nicknamed "The Warm Heart of Africa"
because of the friendliness of its people.

MALAWI

Capital[01] Lilongwe
Pg. 280 Africa Business Directory - Ed. 2022

Southern Africa, east of Zambia, west

Location[01]
and north of Mozambique

Area[01] 118,484 sq km

Border Countries[01] Mozambique, Tanzania, Zambia

Limestone, arable land, hydropower,

Natural Resources[02] unexploited deposits of uranium,
coal, and bauxite
Sub-tropical, rainy season, dry
Climate[01]
season (May to November)

Population[03] 19,129,955 (2020 est)

Chichewa (official), Chinyanja,

Languages[01]
Chiyao, Chitumbuka, Chisena
Chewa, Lomwe, yao, Ngoni,
Ethnic Groups[01]
Tumbuka, Nyanja, Sena, Tonga

GDP Growth Rate[04] 0.8% (2020)

GDP per Capita[04] $636 (2020)

Agriculture: 22.6%, Industry: 18.49%,

GDP Composition/Sector[03]
Services: 52.61% (2020 est.)
Agriculture: 76%, Industry: 6.7%,
Labour Force/Occupation[02]
Services: 17,3% (2019 est.)

Unemployment Rate[05] 6.7% (2020)

Unemployment 15-24 9.5 % (2019)

years[03]

GINI index[03] 38.5 (2019)

Population Below Poverty[03] 50.7% (2020)

HDI[03] 0.477 (2017)

Inflation rate[03] 18.4% (2012 est.)

Pg. 281 Africa Business Directory - Ed. 2022

Tobacco, tea, sugar, cotton, coffee,

Export Commodities[01]
peanuts, wood products, apparel
Tobacco, sugarcane, cotton, tea,
potatoes, corn, cassava (tapioca),
Agriculture Products[01]
sorghum, pulses, groundnuts,
Macadamia nuts, cattle, goats
Tobacco, tea, sugar, sawmill
Industries[06]
products, cement, consumer goods

Public Debt[03] 31% of GDP (2012 est.)

Investment[04] 13% of GDP (2019 est.)

Trade Balance[06] $-1,854.8 Million

5.31.2. Economic Overview

Landlocked Malawi ranks among the world's most densely populated and
least developed countries. The Southern African country shares a border with
Tanzania, Mozambique and Zambia. The economy is predominately
agricultural with about 80% of the population living in rural areas. Malawi is
inundated with resources that continue to support its population of 19,1 million
as well as meet its trade goals. Lake Malawi is a great spot for the fisheries as
well as tourism. Agriculture, which has benefited from fertilizer subsidies since
2006, accounts for under a third of GDP and about 90% of export revenues.
The performance of the tobacco sector is key to short-term growth as
tobacco accounts for more than half of exports. The economy depends on
substantial inflows of economic assistance from the IMF, the World Bank, and
individual donor nations. The IMF expects the economy to grow by 4, 5% in
2019. The Malawian government faces many challenges including developing
a market economy, improving educational facilities, facing up to
environmental problems, dealing with the rapidly growing problem of
HIV/AIDS, and satisfying foreign donors that fiscal discipline is being
tightened. The Malawian government has many developmental priorities, in
2018 the Malawian government committed itself to invest in building technical
colleges but still has to deliver on other basic infrastructure such as roads,
hospitals and the proposed Beira-Malawi oil pipeline. Malawi’s political scene
is fairly stable, even though the country’s latest election results were disputed
Pg. 282 Africa Business Directory - Ed. 2022

by some. If the country is to fulfill its vast potential, it will need to strengthen
its electoral and governance institutions.

GDP Growth Rate GDP per Capita

0.8% $625

5.31.3. GDP Composition by Sectors

Main GDP Composition Elements

56%
60%

50%

40%
29%
30%
16%
20%

10%

0%
Agriculture Industry Services

5.31.4. Trade
Export Commodities Industries Natural Resources

✓ Tobacco ✓ Limestone
✓ Tobacco
✓ Tea ✓ Arable Land
✓ Tea
✓ Sugar ✓ Hydropower
✓ Sugar
✓ Sawmill Products ✓ Unexploited
✓ Cotton
✓ Cement Deposits of
✓ Coffee
Uranium
✓ Peanuts
Pg. 283 Africa Business Directory - Ed. 2022

✓ Wood products ✓ Consumer ✓ Coal

✓ Apparel Goods ✓ And Bauxite

5.31.5. Export & Import

Key Exports

13%
14% 12%
11%
12%
10%
8% 6%
5% 5%
6%
4%
2%
0%

Key Imports

25% 21%
20%
14%
15% 12%

10% 7%
4%
5%

0%
China India United Arab Netherlands
South Africa Emirates

5.31.6. Contacts
Investment Promotion Agency

AVINORD ALGERIE (SARL)

Address MALAWI INVESTMENT AND TRADE CENTRE

Pg. 284 Africa Business Directory - Ed. 2022

The Chief Executive Officer Malawi Investment

and Trade Centre (MITC) Aquarius House – First
Phone
floor Private Bag 302 Capital City Lilongwe 3
MALAWI

Fax (265) 1 770 800 / 771 315

Email (265) 1 771 781

Website info@mitc.mw

Business Council & Associations

Malawi Confederation of Chambers of Commerce and Industry (MCCCI)

Address 622J+32G, Blantyre, Malawi

Phone +265 1 871 988

Fax

Email mccci@mccci.org

Website mccci.org

NABW

Address Area 48, Lilongwe, Malawi

Phone (+265) 0991049355

Fax

Email Info@nabwmalawi.org

Website nabwmalawi.org
Pg. 285 Africa Business Directory - Ed. 2022

National Construction Industry Council (NCIC),

Address Area 48, Lilongwe, Malawi

Phone +265 887 829 505

Fax

Email Info@ncic.mw

Website https://ncic.mw/

5.32. Republic of Mali

5.32.1. About
Mali, officially the Republic of Mali, is a landlocked country in West Africa. Mali
is the eighth-largest country in Africa, with an area of over 1,240,000 square
kilometers (480,000 sq. mi). The population of Mali is 20.2 million. 67% of its
population was estimated to be under the age of 25 in 2017. Its capital and
largest city is Bamako. The sovereign state of Mali consists of eight regions
and its borders on the north reach deep into the middle of the Sahara Desert.
The country's southern part is in the Sudanian savanna, where the majority of
inhabitants live, and both the Niger and Senegal rivers pass through. The
country's economy centres on agriculture and mining. One of Mali's most
prominent natural resources is gold, and the country is the third largest
producer of gold on the African continent. It also exports salt.

MALI

Capital[01] Bamako

Location[01] Interior Western Africa

Area[01] 1,240,192 sq km
Pg. 286 Africa Business Directory - Ed. 2022

Algeria, Niger, Burkina Faso, Guinea,

Border Countries[01]
Mauritania, Cote d’Ivoire
Gold, phosphates, kaolin, salt,
Natural Resources[02] limestone, uranium, gypsum,
granite, hydropower
Subtropical to arid, hot and dry,
Climate[01] rainy, humid, and mild (June to
November)
20,250,834 (2020 est.) the median
Population[03]
age is 16.3 years
French (official), Bambara, Peulh,
Languages[01]
Maraka, Malinke, Minianka
Mande, Peulh, Voltaic, Songhai,
Ethnic Groups[01]
Tuareg and Moor

GDP Growth Rate[04] -1.2% (2020 est.)

GDP per Capita[04] $862 (2020 est.)

Agriculture: 36.19%, Industry: 21.16%,

GDP Composition/Sector[03]
Services: 34.43% (2020)
Agriculture: 75%, Industry, Services:
Labour Force/Occupation[02]
25% (2015 est.)

Unemployment Rate[05] 7.5% (2018 est.)

Unemployment 15-24 17.4 % (2020)

years[03]

GINI index[03] 36.1 (2020 est.)

Population Below Poverty[03] 42.1% (2019 est.)

HDI[03] 0.43 (2019 est.)

Inflation rate[03] 0.54% (2020 est.)

Export Commodities[01] Cotton, gold, livestock

Pg. 287 Africa Business Directory - Ed. 2022

Cotton, millet, rice, corn, vegetables,

Agriculture Products[01]
peanuts, cattle, sheep, goats
Food processing, construction,
Industries[06]
phosphate, gold mining

Public Debt[03] 56% of GDP (2020 est.)

Investment[04] 17.17% of GDP (2020 est.)

Trade Balance[06] -$1.23 Billion

5.32.2. Economic Overview

Mali is a landlocked country in West Africa that is bordered by Algeria to the
north-northeast, Niger to the east, Burkina Faso and Ivory Coast to the south,
Guinea to the southwest, and Senegal and Mauritania to the west. The country
has a population of 20,2 million in the 8th largest country in Africa. With a GDP
per capita of $862 USD, Mali is a country that could be performing way better
than it currently is. Although the present political situation is fairly stable,
decades of political uncertainty have hindered the country from functioning
well. Currently the country ranks 22 out of the 25 poorest countries in the world.
In terms of Mali’s resource economy, the country’s landlocked geographical
location makes it a prime spot for gold mining and agricultural exports for
revenue. The country's fiscal status fluctuates with gold and agricultural
commodity prices and the harvest. Mali remains dependent on foreign aid.
Economic activity is largely confined to the riverine area irrigated by the Niger
River and about 65% of its land area is desert or semi-desert. About 10% of the
population is nomadic and about 80% of the labor force is engaged in
farming and fishing. Industrial activity is concentrated on processing farm
commodities. Mali is developing it's cotton and iron ore extraction industries
to diversify foreign exchange revenue away from gold. Mali has invested in
tourism but security issues are hurting the industry. Mali experienced
economic growth averaging about 5% per year in the period between 1996
and 2018. Like many of the poorest countries in the world, Mali's population is
growing rapidly. The West African country's annual population growth rate of
3.0% is faster than all but a handful of other countries worldwide. The country
is also lacking in basic infrastructure. Just 35.1% of Mali citizens have access
to electricity. It would take an average of 120 days to bring electricity to those
Pg. 288 Africa Business Directory - Ed. 2022

in the country without it, compared to a global average of about 86 days.

Overcoming the infrastructure deficit will go a long way in solving Mali’s
current economic challenges.

GDP Growth Rate GDP per Capita

3% $858

5.32.3. GDP Composition by Sectors

Main GDP Composition Elements

50% 41% 40%

40%

30%
19%
20%

10%

0%
Agriculture Industry Services

5.32.4. Trade
Export Commodities Industries Natural Resources

✓ Food Processing ✓ Gold

✓ Cotton
✓ Construction ✓ Phosphates
✓ Gold
✓ Phosphate ✓ Kaolin
✓ Livestock
✓ Gold Mining ✓ Salt
✓ Limestone
Pg. 289 Africa Business Directory - Ed. 2022

✓ Uranium
✓ Gypsum
✓ Granite
✓ Hydropower

5.32.5. Export & Import

Key Exports

32%
35%
30%
25%
20% 15%
15% 8% 7% 5% 5%
10%
5%
0%

Key Imports

25%
21%

20%

15% 13%

9%
10% 7%

5%

0%
Senegal China Cote d'Ivoire France
Pg. 290 Africa Business Directory - Ed. 2022

5.32.6. Contacts
Investment Promotion Agency

AGENCE DE LA PROMOTION DES INVESTISSEMENT DU MALI

API-One-Stop Shop Bamako, Boulevard Abdelaziz

Address
Bouteflika, Quartier du Fleuve, BP: 1980

Phone +223 20 22 95 25/26

Fax

Email info@apimali.gov.ml

Website https://apimali.gov.ml/

Business Council & Associations

APCAM (ASSEMBLE PERMANANTE DES CHAMBRES DE L'AGRICULTURE DU
MALI)

Address Square Patrice Lumumba BP 3299 Bamako - Mali

Phone (+223) 20 21 87 25

Fax

Email contact@apcam.org/

Website https://www.apcam.org/

APIM MALI (ASSOCIATION PROFESSIONNELLE DES INSTITUTIONS DE LA

MICROFINANCE DU MALI)

Address Hamdallaye ACI 2000 Bamako - Mali

Phone (+223) 20 29 12 53

Fax
Pg. 291 Africa Business Directory - Ed. 2022

Email apsfdmali@apim-mali.org

Website https://apim-mali.org/

CCIM (CHAMBRE DE COMMERCE ET D'INDUSTRIE DU MALI)

Address Place de la Liberté BP 46 Bamako – Mali

Phone 20 22 50 36

Fax

Email info@cci.ml

Website https://www.cci.ml/

CLUB DES INVESTISSEURS Français

Rue 25 - Porte 271 Badalabougou-Est

Address BP 3013
Bamako - Mali

Phone (+223) 20 22 82 18

Fax

Email contact@cifam.org

Website cifam.org

ORDRE DES ARCHITECTES DU MALI OAM

Lafiabougou non loin de la station Total BP 2239

Address
Bamako - Mali
Pg. 292 Africa Business Directory - Ed. 2022

Phone (+223) 20 23 98 30

Fax

Email info@ordredesarchitectesdumali.org

Website https://www.ordredesarchitectesdumali.org/

5.33. Republic of Mauritania

5.33.1. About
Mauritania, officially the Islamic Republic of Mauritania (Arabic: ‫الجمهورية اإلسالمية‬
‫)الموريتانية‬, is a sovereign state in Northwest Africa. It is bordered by the Atlantic
Ocean to the west, Western Sahara to the north and northwest, Algeria to the
northeast, Mali to the east and southeast, and Senegal to the southwest.
Mauritania is the eleventh largest country in Africa, and 90 percent of its
territory is situated in the Sahara. Most of its population of 4.4 million lives in
the temperate south of the country, with roughly one third concentrated in
the capital and largest city, Nouakchott, located on the Atlantic coast.

MAURITANIA

Capital[01] Nouakchott

Western Africa, bordering the North

Location[01]
Atlantic Ocean

Area[01] 1,030,700 sq km

Algeria, Mali, Senegal, Western

Border Countries[01]
Sahara
Iron ore, gypsum, copper,
Natural Resources[02]
phosphate, diamonds, gold, oil, fish

Climate[01] Desert, constantly hot, dry, dusty

Pg. 293 Africa Business Directory - Ed. 2022

4,649,660 (July 2020 est.), the

Population[03]
median age is 20.3 years

Languages[01] Pulaar, Soninke, Wolof, French

Ethnic Groups[01] Mixed Moor/black

GDP Growth Rate[04] 1.5% (2020 est.)

GDP per Capita[04] $1672 (2020 est.)

Agriculture: 17.8%, Industry: 37.6%,

GDP Composition/Sector[03]
Services: 44.7% (2017 est.)
Agriculture: 49%, Industry: 2.9%,
Labour Force/Occupation[02]
Services: 49% (2017 est.)

Unemployment Rate[05] 35% (2015 est.)

Unemployment 15-24 NA
years[03]

GINI index[03] 32.6 (2014)

Population Below Poverty[03] 31% (2014 est.)

HDI[03] 0.520 (2017 est.)

Inflation rate[03] 3.07% (2018 est.)

Petroleum, natural gas, and

Export Commodities[01]
petroleum products 97%
Wheat, barley, oats, grapes, olives,
Agriculture Products[01]
citrus, fruits, sheep, cattle
Iron ore, fish and fish products,
Industries[06]
copper, petroleum gold

Public Debt[03] 70% of GDP (2020 est.)

Investment[04] $ 17.94 (2018 est.)

Pg. 294 Africa Business Directory - Ed. 2022

Trade Balance[06] -$560 Million

5.33.2. Economic Overview

Mauritania is a country in northwest Africa. Mauritania is bordered by Algeria,
Western Sahara, Senegal and Mali. Half of the country’s 4,6 million population
still depends on agriculture and livestock for a livelihood, even though many
of the nomads and subsistence farmers were forced into the cities by
recurrent droughts in the 1970s and 1980s. Mauritania has extensive deposits
of iron ore, copper ore and crude petroleum which account for about 34.8%
of total exports. The nation's coastal waters are among the richest fishing
areas in the world but overexploitation by foreigners threatens this key source
of revenue. The country's first deepwater port opened near Nouakchott in
1986. Before 2000, drought and economic mismanagement resulted in a
buildup of foreign debt. Mauritania had made satisfactory progress in
instilling democratic and economic reforms when a coup occurred in 2008.
This resulted in the IMF, World Bank, and other international actors suspending
assistance and investment in Mauritania after the 2008 coup. Since the
presidential elections that followed the coup donors resumed assistance.
With regards to crude oil prospects, while initially promising, these have
largely failed to materialize, and the government has placed a priority on
attracting private investment to spur economic growth. The Government also
emphasizes the reduction of poverty, improvement of health and education,
and privatization of the economy. Economic growth since the country's
independence to 2018 has averaged 3.67%. Politically, after decades of
conflict, the first democratic elections in the country occurred in 2007. In order
for Mauritania to fully exploit its potential, it will have to improve on its human
rights record by allowing freedom of speech as well as ending modern-day
slavery.
Pg. 295 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

1.5% $1,672

5.33.3. GDP Composition by Sectors

Main GDP Composition Elements

45%
50%
38%
40%

30%
18%
20%

10%

0%
Agriculture Industry Services

5.33.4. Trade
Export Commodities Industries Natural Resources

✓ Iron ore ✓ Iron ore

✓ Iron ore,
✓ Fish and fish ✓ Gypsum
✓ Fish and fish
products ✓ Copper
products,
✓ Copper ✓ Phosphate
✓ Copper,
✓ Petroleum ✓ Diamonds
✓ Petroleum,
✓ Gold ✓ Gold
✓ Gold
✓ Oil
✓ Fish
Pg. 296 Africa Business Directory - Ed. 2022

5.33.5. Export & Import

Key Exports

33,90%
35,00%
30,00%
25,00%
20,00% 15,20%
15,00%
8,27% 8% 8%
10,00%
5,00%
0,00%
China Switzerland Spain Germany Japan

Key Imports

22,20%
25,00%
20,00%
15,00% 7,93%
6,73% 6%
10,00% 3,96%
2,58%
5,00%
0,00%

5.33.6. Contacts
Investment Promotion Agency

INVEST MAURITANIA

Address

Phone
Pg. 297 Africa Business Directory - Ed. 2022

Fax

Email investmauritania@gmail.com

Website https://www.invest-mauritania.com/

Business Council & Associations

APROMI Association Professionnelle des Institutions et Opérateurs de la
Microfinance en Mauritanie

Address BP. 4908 – NOUAKCHOTT

Phone (+222) 631 52 42

Fax

Email apromi@opt.mr

Website

ASSOCIATION DEVELOPPEMENT COMMUNAUTAIRE ET SANTE (ADCS)

Address NOUAKCHOTT

Phone (+222) 25 02 59 53

Fax

Email

Website

FEDERATION DES INDUSTRIES ET DES MINES

Pg. 298 Africa Business Directory - Ed. 2022

Address Immeuble de la CGEM Nouakchott - Mauritanie

Phone (+222) 45 25 39 74

Fax

Email sgfim@unpm.mr

Website

FEDERATION DE L'AGRICULTURE ET DE L'ÉLEVAGE EN MAURITANIE

Immeuble de la CGEM BP 383 Nouakchott -

Address
Mauritanie

Phone (+222) 45 25 19 90

Fax

Email http://www.agriculture.gov.mr/index.php?lang=fr

Website

FEDERATION DU COMMERCE

Immeuble de la CGEM, route du KSAR BP 383

Address
Nouakchott - Mauritanie

Phone (+222) 45 25 19 90

Fax

Email sgfc@unpm.mr

Website
Pg. 299 Africa Business Directory - Ed. 2022

GROUPE DE RECHERCHE ET D'ECHANGES TECHNOLOGIQUES

Address Ilot L 28 BP 91 Nouakchott - Mauritanie

Phone (+222) 45 25 24 96

Fax

Email gret@gret.org

Website www.gret.org

GROUPEMENT NATIONAL DES ASSOCIATIONS PASTORALES (MAURITANIA)

Address El Mina BP 2012 Nouakchott - Mauritanie

Phone +33 (0) 45 25 39 46

Fax

Email gnap415@gmail.com

Website

L'ASSOCIATION NAFORE

NOT 749, Moughataa de Tévrag-Zéine BP 3212

Address
Nouakchott - Mauritanie

Phone (+222) 45 29 30 31

Fax

Email nafore@nafore.org

Website http://www.nafore.org/
Pg. 300 Africa Business Directory - Ed. 2022

MAURITANIE PERSPECTIVES

Address Tevragh zeina Îlot 54 Nouakchott - Mauritanie

Phone (+222) 45 25 77 84

Fax

Email contact@mp.mr

Website http://www.mp.mr/

5.34. Republic of Mauritius

5.34.1. About
Mauritius (French: Maurice; Mauritian Creole: Moris), officially the Republic of
Mauritius, is an island nation in the Indian Ocean about 2,000 kilometers (1,200
mi) off the southeast coast of the African continent, east of Madagascar. It
includes the main island (also called Mauritius), as well as Rodrigues, Agaléga
and St. Brandon. The islands of Mauritius and Rodrigues, along with nearby
Réunion (a French overseas department), are part of the Mascarene Islands.
The capital and largest city, Port Louis, is located in Mauritius, where most of
the population is concentrated. The country spans 2,040 square kilometers
(790 sq. mi) and has an exclusive economic zone covering 2.3 million square
kilometers.

MAURITIUS

Capital[01] Port louis

Southern Africa, island in the Indian

Location[01]
Ocean
Pg. 301 Africa Business Directory - Ed. 2022

Area[01] 2,040 sq km

Border Countries[01] NA

Natural Resources[02] Arable land, fish

Mauritius enjoys a mild tropical

maritime climate throughout the
year. The country has two seasons: a
Climate[01] warm humid summer extending
from November to April and a
relatively cool dry winter from June
to September.

Population[03] 1 265 740 (2020)

Creole, Bhojpuri, French, English

Languages[01]
(official)
Indo-Mauritian, Creole, Sino-
Ethnic Groups[01]
Mauritian, Franco-Mauritian

GDP Growth Rate[04] 14% (2020 est.)

GDP per Capita[04] $8622 (2020 est.)

Agriculture & Mining: 3.6%, Industry:

GDP Composition/Sector[03]
19.4%, Services: 77% (2019 est.)
Agriculture, forestry and fishing: 7.2%,
Manufacturing: 17.0%, Construction:
7.0%, Wholesale and retail trade:
16.8%, Transportation and storage:
Labour
6.9%, Education, Health and social
Force/Occupation[02]
work activities: 9.0%,
Accommodation and food service
activities: 7.3%, Public Administration
and Defence: 7.4%. (2018)

Unemployment Rate[05] 7.11% (2020 est.)

Pg. 302 Africa Business Directory - Ed. 2022

Unemployment 15-24 24.6% (2019)

years[03]

GINI index[03] 36.8 (2017 est.)

Population Below Poverty[03] 10% (2017 est.)

HDI[03] 0.796 (2018 est.)

Inflation rate[03] 0.5% (2019 est.)

Clothing and textiles, fish and fish

Export Commodities[01] preparations, sugar, pearls &
precious/semi-precious stones.
Sugarcane, tea, corn, potatoes,
Agriculture Products[01]
bananas, pulses, cattle, goats; fish
Agribusiness, Export-oriented
manufacturing, Tourism, Property
Development and Real Estate,
Industries[06] Financial Services, Healthcare &
Lifesciences, Freeport & Logistics,
ICT-BPO, Creative Industry, Ocean
Economy, Knowledge Hub

Public Debt[03] 96% of GDP (2020 est.)

Investment[04] 19.6% of GDP (2019 est.)

Trade Balance[06] -$2.04 Billion

5.34.2. Economic Overview

Mauritius is an island in the Indian Ocean with a population of 1,2 million
people and a GDP per capita of $8,622 USD as at 2020. The island became
independent in 1968, and has since developed from a low- income,
monocrop-based economy to a middle-income diversified economy. In fact,
Mauritius has over the years consolidated its economy on emerging value-
added services industries and opened the economic space to foreign capital,
foreign skills, talent and investors. The industrial policy approach has been
Pg. 303 Africa Business Directory - Ed. 2022

upgraded to an investment policy approach, where emphasis is on improving

the overall investment climate, rather than making piece-meal and ad-hoc
prescriptions to support the growth or survival of any specific industry. The
island has thus successfully transformed itself into a broad-based, diversified
and innovation-driven and knowledge-driven economy based on
agribusiness, export- oriented manufacturing, tourism, financial services,
property development & real estate, ICT-BPO, Freeport & logistics and ocean
economy. The country continues to expand its trade and investment outreach
around the globe.

GDP Growth Rate GDP per Capita

14% $8,622

5.34.3. GDP Composition by Sectors

Main GDP Composition Elements

74%
80%

60%

40%
22%

20%
4%

0%
Agriculture Industry Services
Pg. 304 Africa Business Directory - Ed. 2022

5.34.4. Trade
Export Commodities Industries Natural Resources

✓ Agribusiness ✓ Arable Land

✓ Clothing and
✓ Export-Oriented ✓ Fish
Textiles,
Manufacturing
✓ Sugar,
✓ Tourism
✓ Cut Flowers,
✓ Property
✓ Molasses,
Development
✓ Fish
And Real Estate
✓ Financial
Services
✓ Healthcare &
Lifesciences
✓ Freeport &
Logistics
✓ ICT-BPO
✓ Creative Industry
✓ Ocean Economy
✓ Knowledge Hub

5.34.5. Export & Import

Key Exports

11% 11% 10%

12% 10%
10%
7%
8%
5%
6% 4%
4%
2%
0%
Pg. 305 Africa Business Directory - Ed. 2022

Key Imports

35% 31%
30% 26%
25%
20% 15%
13% 13%
15%
10% 6%

5%
0%
India China France South Spain United
Africa Arab
Emirate

5.34.6. Contacts
Investment Promotion Agency

MAURITIUS 10th Floor, One Cathedral Square

Address Building, 16, Jules Koenig Street Port Louis 11328,
Republic of Mauritius

Phone +230 203 3800

Fax +230 210 8560

Email contact@edbmauritius.org

Website https://www.edbmauritius.org/

Business Council & Associations

Mauritius Employers' Federation

Address JULES KOEING ST - PORT LOUIS

Phone +230 466 3600

Pg. 306 Africa Business Directory - Ed. 2022

Fax

Email mef@intnet.mu

Website https://intnet.mu

Association Mauricienne des Femmes Chefs d'Entreprises

AMFCE President, Mrs Rima Ramsaran, Apartment

Address 1.35, Hillcrest Park Apartments, Sayed Hossen Road
– Mauritius

Phone (+230)57 28 99 10

Fax

Email president@amfce.com

Website http://www.amfce.com/

Mauritius Export Association (Mexa)

4th Floor Unicorn House , Royal Street, Port Louis, Port

Address
Louis, Mauritius

Phone (230) 208 5216

Fax

Email info@mexamauritius.org

Website https://www.mexamauritius.org/

Association pour les Producteurs du Sucre

Pg. 307 Africa Business Directory - Ed. 2022

2ème étage, Plantation House, avenue du Duc

Address
d'Edim, Port Louis, Port Louis, Mauritiu

Phone (230) 215.0729167

Fax

Email

Website

Association Professionnelle des Agents Maritimes Mauriciens

Address Freeport Zone 5, MFD Building, Mer Rouge

Phone (230) 206 2208

Fax

Email

Website

5.35. Kingdom of Morocco

5.35.1. About
Morocco, officially the Kingdom of Morocco, is the northwesternmost country
in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to
the north and the Atlantic Ocean to the west, and has land borders with
Algeria to the east, and the disputed territory of Western Sahara to the south.
Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de
Vélez de la Gomera, and several small Spanish-controlled islands off its coast.
It spans an area of 446,300 km2 (172,300 sq. mi) or 710,850 km2 (274,460 sq.
mi), with a population of roughly 37 million. Its official and predominant
Pg. 308 Africa Business Directory - Ed. 2022

religion is Islam, and the official languages are Arabic and Berber; the
Moroccan dialect of Arabic and French are also widely spoken. Moroccan
identity and culture is a vibrant mix of Berber, Arab, and European cultures. Its
capital is Rabat, while its largest city is Casablanca.

MOROCCO

Capital[01] Rabat

Southern Africa, island in the Indian

Location[01]
Ocean

Area[01] 2,040 sq km

Border Countries[01] NA

Natural Resources[02] Arable land, fish

Mediterranean, becoming more

Climate[01]
extreme in the interior

Population[03] 36,910,558 (2020 est.)

Arabic (official), Berber languages

(Tamazight (official), Tachelhit,
Languages[01] Tarifit), French (often the language
of business, government, and
diplomacy)

Ethnic Groups[01] Arab-Berber 99%, other 1%

GDP Growth Rate[04] 6.3% (2020 est.)

GDP per Capita[04] $3058 (2020 est.)

Agriculture: 11.68%, Industry: 26.1%,

GDP Composition/Sector[03]
Services: 50.82% (2020 est.)
Labour Agriculture: 39.5%, Industry: 20.3%,
Force/Occupation[02] Services: 40.5% (2017 est.)

Unemployment Rate[05] 10.15% (2019 est.)

Pg. 309 Africa Business Directory - Ed. 2022

Unemployment 15-24 26.7% (2019 est.)

years[03]

GINI index[03] 39.5 (2017 est.)

Population Below Poverty[03] 4.8% (2018 est.)

HDI[03] 0.667 (2017 est.)

Inflation rate[03] 0.75% (2018 est.)

Clothing and textiles, automobiles,

electric components, inorganic
chemicals, crude minerals, fertilizers,
Export Commodities[01]
petroleum products, citrus fruits,
vegetables, fish, crude petroleum,
textile fabric
Barley, wheat, citrus fruits, grapes,
Agriculture Products[01]
vegetables, olives, livestock, wine
Automotive parts, phosphate mining
and processing, aerospace, food
Industries[06]
processing, leather goods, textiles,
construction, energy, tourism

Public Debt[03] 75% of GDP (2020 est.)

Investment[04] 28.45% of GDP (2020 est.)

Trade Balance[06] -$8.71Billion

5.35.2. Economic Overview

Morocco has capitalized on its proximity to Europe and relatively low labor
costs to work towards building a diverse, open, market-oriented economy.
Key sectors of the economy include agriculture, tourism, aerospace,
automotive, phosphates, textiles, apparel, and subcomponents. Morocco has
increased investment in its port, transportation, and industrial infrastructure
to position itself as a center and broker for business throughout Africa.
Industrial development strategies and infrastructure improvements - most
Pg. 310 Africa Business Directory - Ed. 2022

visibly illustrated by a new port and free trade zone near Tangier - are
improving Morocco's competitiveness. In the 1980s, Morocco was a heavily
indebted country before pursuing austerity measures and pro-market
reforms, overseen by the IMF. Since taking the throne in 1999, King MOHAMMED
VI has presided over a stable economy marked by steady growth, low
inflation, and gradually falling unemployment, although poor harvests and
economic difficulties in Europe contributed to an economic slowdown. To
boost exports, Morocco entered into a bilateral Free Trade Agreement with the
US in 2006 and an Advanced Status agreement with the EU in 2008. In late
2014, Morocco eliminated subsidies for gasoline, diesel, and fuel oil,
dramatically reducing outlays that weighed on the country’s budget and
current account. Subsidies on butane gas and certain food products remain
in place. Morocco also seeks to expand its renewable energy capacity with
the goal of making renewable more than 50% of installed electricity
generation capacity by 2030. Despite Morocco's economic progress, the
country suffers from high unemployment, poverty, and illiteracy, particularly
in rural areas. Key economic challenges for Morocco include reforming the
education system and the judiciary.

GDP Growth Rate GDP per Capita

7.1% $3,009
Pg. 311 Africa Business Directory - Ed. 2022

5.35.3. GDP Composition by Sectors

Main GDP Composition Elements

74%
80%

60%

40%
22%

20%
4%

0%
Agriculture Industry Services

5.35.4. Trade
Export Commodities Industries Natural Resources

✓ Automotive parts ✓ Arable land

✓ Clothing and
✓ Phosphate ✓ Fish
textiles,
mining and
✓ Automobiles,
processing
✓ Electric
✓ Aerospace
components,
✓ Food processing
✓ Inorganic
✓ Leather goods
chemicals,
✓ Textiles
✓ Crude minerals,
✓ Construction
✓ Fertilizers,
✓ Energy
✓ Petroleum
✓ Tourism
products,
✓ Citrus fruits,
✓ Vegetables,
✓ Fish,
✓ Crude petroleum,
✓ Textile fabric
Pg. 312 Africa Business Directory - Ed. 2022

5.35.5. Export & Import

Key Exports

25,00% 21,70%
19%
20,00%

15,00%

10,00%
4,96% 4%
5,00%

0,00%
Spain France Italy United States

Key Imports

20% 17%

15%
12%
9%
10% 7%
6% 6%

5%

0%
Spain France China United Germany Italy
States

5.35.6. Contacts
Investment Promotion Agency

morocconow

Address

Phone +212537226400

Fax +212537637417
Pg. 313 Africa Business Directory - Ed. 2022

Email morocconow@amdie.gov.ma

Website https://www.morocconow.com/

Business Council & Associations

ASSOCIATION D'HABITAT EL MENZEH

Douar Amalou-kers Tealaline , cercle Riche-

Address
Errachidia Ville : ER RACHIDIA

Phone +212 0666515153

Fax

Email laghzaoui1962@yahoo.fr

Website

ASSOCIATION DES OPÉRATEURS ECONOMIQUES DE TAN TAN

Tan Tan Plage , ElOuatia Tan Tan, Guelmim-Es

Address
Smara, Maroc 82003

Phone 0528879272

Fax

Email aeott@gmail.com

Website

COOPERATIVE AGRICOLE IMI OUGNI

Cht.ait baha,sidi abdellah Elbouchouari,khmis ait

Address
moussa AGADIR
Pg. 314 Africa Business Directory - Ed. 2022

Phone 0661530751

Fax

Email cooperative.agricole.imougni@gmail.com

Website

COOPERATIVE AGRICOLE FLORA

Centre du consiel Agricole 17.03 Avenue Hassan 2,

Address
Alhay Lhassani,Boujaàd Ville : BEJAAD

Phone +212 6 6108 8574

Fax

Email cooperativeflora@hotmail.fr

Website

ASSOCIATION DES ELEVEURS DU TADLA

Address B.P 989, AIN ASSERDOUN BENI MELLAL MAROC

Phone +212 0523483096

Fax

Email aetadla@gmail.com

Website

ASSOCIATION APICOL
Pg. 315 Africa Business Directory - Ed. 2022

Address 178, bd. Hassan II - 23020 - Beni Mellal

Phone Ville : BENI MELLAL

Fax +212 0523485454

Email

Website ucataz@gmail.com

UNION DES INVENTEURS ET INNOVATEURS MAROCAINS

BP:15890 Casa Principal CASABLANCA -

Address
CASABLANCA

Phone +212 0665116234

Fax

invent-ma@asso-web.com
Email

Website

ASSOCIATION MAROCAIN DES INDUSTRIES DU TEXTILE ET DE L'HABIL

Address 465, BLD IBN TACHEFINE – CASABLANCA

Phone (212) 0522942085

Fax

Email amith@amith.org.ma

Website
Pg. 316 Africa Business Directory - Ed. 2022

5.36. Republic of Mozambique

5.36.1. About
Mozambique, officially the Republic of Mozambique (Portuguese:
Moçambique or República de Moçambique; Chichewa: Mozambiki; Swahili:
Msumbiji; Tsonga: Muzambhiki), is a country located in Southeastern Africa
bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and
Zambia to the northwest, Zimbabwe to the west, and Eswatini (Swaziland) and
South Africa to the southwest. The sovereign state is separated from the
Comoros, Mayotte and Madagascar by the Mozambique Channel to the east.
The capital and largest city of Mozambique is Maputo (known as Lourenço
Marques from 1876 to 1976).

MOZAMBIQUE

Capital[01] Maputo

Southeastern Africa, bordering the

Location[01]
Mozambique Channel

Area[01] 799,380 sq km

Malawi, Zambia, Zimbabwe,

Border Countries[01]
Swaziland, Tanzania, South Africa
Coal, titanium, natural gas,
Natural Resources[02]
hydropower, tantalum, graphite

Climate[01] Tropical to subtropical

Population[03] 31,255,435 (2020 est.)

Emakhuwa, Portuguese (official),

Languages[01]
Xichangana, Cisena, Elomwe

Ethnic Groups[01] African, Europeans, Euro-Africans

GDP Growth Rate[04] 1.2% (2020 est.)

Pg. 317 Africa Business Directory - Ed. 2022

GDP per Capita[04] $448 (2020 est.)

Agriculture: 25.58%, Industry: 21.78%,

GDP Composition/Sector[03]
Services 41.48% (2020 est)
Agriculture: 81%, Industry: 6%,
Labour Force/Occupation[02]
Services: 13% (1997 est.)

Unemployment Rate[05] 25.04% (2019 est.)

Unemployment 15-24 22.2 (2016 est.)

years[03]

GINI index[03] 54.0 (2014 est.)

Population Below Poverty[03] 46.1% (2014 est.)

HDI[03] 0.4 (2020 est.)

Inflation rate[03] 3.14% (2020 est.)

Aluminum, prawns, cashews, sugar,

Export Commodities[01]
citrus, timber; bulk electricity cotton,
Cotton, cashew nuts, sugarcane,
cassava (tapioca), corn, coconuts,
Agriculture Products[01]
sisal, citrus and tropical fruits,tea
potatoes, sunflowers; beef, poultry
Aluminum, petroleum products,
chemicals (fertilizer, soap, paints),
Industries[06]
textiles, cement, glass, asbestos,
tobacco, food, beverages

Public Debt[03] 122% of GDP (2020 est.)

Investment[04] 42.25% of GDP (2019 est.)

Trade Balance[06] $-2,526 Billion

Pg. 318 Africa Business Directory - Ed. 2022

5.36.2. Economic Overview

The country of Mozambique is located on the East Coast of Southern Africa.
The country of 31,2 million people borders Tanzania to the North, Zambia,
Zimbabwe and Malawi to the West and North West as well as the Kingdom of
Eswatini and South Africa to the South. At independence in 1975, Mozambique
was one of the world's poorest countries. Socialist policies and a brutal civil
war from 1977-92 exacerbated the situation. In 1987, the government
embarked on a series of macroeconomic reforms designed to stabilize the
economy. These steps, combined with donor assistance and with political
stability since the multi-party elections in 1994, have led to dramatic
improvements in the country's growth rate. Fiscal reforms, including the
introduction of a value-added tax and reform of the customs service, have
improved the government's revenue collection abilities. In spite of these gains,
Mozambique remains dependent upon foreign assistance for more than half
of its annual budget, and in 2014 46.1% of the population remained below the
poverty line. Mozambique has a GDP per capita of $448 USD, the country has
to boost its manufacturing so as to reduce its trade deficit of $-2,526 billion
USD. A deficit that grew by more than 90% between 2017 and 2018. Subsistence
agriculture continues to employ the vast majority of the country's workforce
and smallholder agricultural productivity and productivity growth is weak. A
substantial trade imbalance persists although the opening of the Mozal
aluminum smelter, the country's largest foreign investment project to date,
has increased export earnings. At the end of 2007, and after years of
negotiations, the government took over Portugal's majority share of the
Cahora Bassa Hydroelectricity Company (HCB), a dam that was not
transferred to Mozambique at independence because of the ensuing civil war
and unpaid debts. More electrical power capacity is needed for additional
investment projects in titanium extraction and processing and garment
manufacturing that could further close the import/export gap. Mozambique's
once substantial foreign debt has been reduced through forgiveness and
rescheduling under the IMF's Heavily Indebted Poor Countries (HIPC) and
Enhanced HIPC initiatives and is now at a manageable level. Mozambique’s
political scene has been fairly stable over the recent past, with the handover
of power being seamless. A major challenge that faces the country on its
development path is ensuring that the development in the southern reaches
of the country reach the four northern provinces as well. Mozambique grew at
an average annual rate of 9% and is one of Africa’s best-performing
economies in terms of growth. Mozambique GDP Growth Rate is projected to
trend around 3.40% in 2020, However, heavy reliance on aluminum, which
Pg. 319 Africa Business Directory - Ed. 2022

accounts for about one-third of exports, subjects the economy to volatile

international prices. This evidenced by a sharp decline in aluminum prices
during the global economic crisis that lowered GDP growth by several
percentage points.

GDP Growth Rate GDP per Capita

1.3% $448

5.36.3. GDP Composition by Sectors

Main GDP Composition Elements

54%
60%

50%

40%
29%
30%
17%
20%

10%

0%
Agriculture Industry Services

5.36.4. Trade
Export Commodities Industries Natural Resources

✓ Aluminum ✓ Coal
✓ Aluminum,
✓ Petroleum ✓ Titanium
✓ Prawns,
products ✓ Natural gas
✓ Cashews,
✓ Hydropower
✓ Sugar,
Pg. 320 Africa Business Directory - Ed. 2022

✓ Citrus, ✓ Chemicals ✓ Tantalum

✓ Timber; (fertilizer ✓ Graphite
✓ Bulk electricity, ✓ Soap
✓ Cotton ✓ Paints)
✓ Textiles
✓ Cement
✓ Glass
✓ Asbestos
✓ Tobacco
✓ Food
✓ Beverages

5.36.5. Export & Import

Key Exports

13%
14%
12%
10%
7%
8%
6% 3,55%
4%
2%
0%
India China South Africa
Pg. 321 Africa Business Directory - Ed. 2022

Key Imports

37%
40%
35%
30%
25%
20%
15%
7% 7% 6%
10% 4%
5%
0%
South Africa China United Arab India Portugal
Emirates

5.36.6. Contacts
Investment Promotion Agency

Mozambique- APIEX

Address

Phone +258 823056432

Fax

Email info.apiex@apiex.gov.mz

Website http://invest.apiex.gov.mz/

Business Council & Associations

KUVANGA - Cooperativa de Agroprocessamento

AVE DE MOCAMBIQUE N° 6292, 1 ANDAR, BAIRRO

Address
BAGAMOYO 1 – MAPUTO

Phone +258 84 810 4742

Pg. 322 Africa Business Directory - Ed. 2022

Fax

Email secretaria@kuvanga.com

Website https://www.kuvanga.com/

Associação Moçambicana de Promoção do Cooperativismo Moderno

RHRQ+53V, Av. da Independencia, Tete,

Address
Mozambique

Phone

Fax

Email contact@ampcm.coop

Website http://www.ampcm.coop/

Gapi. Sociedade De Investimentos

ESTRADA NACIONAL N 2, TALHAO 728 DCP 9 –

Address
MATOLA

Phone +258 25 224 178

Fax

Email

Website http://www.gapi.co.mz/

Associação Médica de Moçambique

Address FARINHA AVE – MAPUTO

Pg. 323 Africa Business Directory - Ed. 2022

Phone +258 82 327 9810

Fax

Email info@associacaomedica.org.mz

http://www.associacaomedica.org.mz/acerca-da-
Website
amm/contactos/

CTA - Confederation of Economic Associations

2HHJ+5F9, Av. Patrice Lumumba, Maputo,

Address
Mozambique

Phone +258 21 321 002

Fax

Email contact@globalalliance.co.uk

Website https://www.cta.org.mz/

ANAMM - Asociação Nacional de Municipios de Mozambique

Address 2341 Av. 24 de Julho, Maputo, Mozambique

Phone +258 82 301 6701

Fax

Email info@anamm.org.mz

Website https://www.anamm.org.mz/
Pg. 324 Africa Business Directory - Ed. 2022

5.37. Republic of Namibia

5.37.1. About
Namibia, officially the Republic of Namibia, is a country in Southern Africa. Its
western border is the Atlantic Ocean. It shares land borders with Zambia and
Angola to the north, Botswana to the east and South Africa to the south and
east. Although it does not border Zimbabwe, less than 200 metres (660 feet)
of the Botswanan right bank of the Zambezi River separates the two countries.
Namibia gained independence from South Africa on 21 March 1990, following
the Namibian War of Independence. Its capital and largest city is Windhoek.
Namibia is a member state of the United Nations (UN), the Southern African
Development Community (SADC), the African Union (AU) and the
Commonwealth of Nations.

NAMIBIA

Capital[01] Windhoek

Southern Africa, bordering the South

Location[01]
Atlantic Ocean

Area[01] 824,292 sq km

Angola, Bostwana, South Africa,

Border Countries[01]
Zambia
Diamonds, copper, uranium, gold,
Natural Resources[02] silver, lead, tin, lithium, cadmium,
tungsten, zinc, salt, hydropower, fish
Desert, hot, dry, rainfall sparse and
Climate[01]
erratic

Population[03] 2,507,054 (2019 est.)

Languages[01] English (official), Afrikaans

Ethnic Groups[01] Black 87.5%, White 6%, Mixed 6.5%

GDP Growth Rate[04] 0.1% (2018 est.)

Pg. 325 Africa Business Directory - Ed. 2022

GDP per Capita[04] $5,931.5 (2018 est.)

Agriculture: 6.7% (2016 est.) industry:

GDP Composition/Sector[03] 26.3% (2016 est.) services: 67% (2017
est.)
Agriculture: 16.3%, industry: 22.4%,
Labour Force/Occupation[02]
services: 61.3% (2017 est.)

Unemployment Rate[05] 33.4% (2018 est.)

Unemployment 15-24 46.10% (2018 est.)

years[03]

GINI index[03] 59.1 (2015 est.)

Population Below Poverty[03] 17.4% (2015 est.)

HDI[03] 0.647 (2018 est.)

Inflation rate[03] 4.29% (2018 est.)

Diamonds, copper, gold, zinc, lead,

Export Commodities[01] uranium, cattle, processed fish,
karakul skins
Millet, sorghum, peanuts, grapes,
Agriculture Products[01]
livestock, fish
Meatpacking, fish processing, dairy
products, pasta and beverages,
Industries[06]
mining, diamonds, lead, zinc, tin,
silver, tungsten, uranium, copper

Public Debt[03] 45.79% of GDP (2018 est.)

Investment[04] 12.57% of GDP (2018 est.)

Trade Balance[06] $-2,6 billion

Pg. 326 Africa Business Directory - Ed. 2022

5.37.2. Economic Overview

Namibia is a country located on the South Western part of Southern Africa.
The country shares borders with Botswana, South Africa, Zambia, and Angola.
The country of 2,5 million people has an economy that is heavily dependent
on the extraction and processing of minerals for export. Mining accounts for
25% of GDP, the rich alluvial diamond deposits make Namibia a primary
source for gem-quality diamonds. Namibia is the world’s fourth-largest
producer of uranium. It also produces large quantities of zinc and is a small
producer of gold and other minerals. The mining sector employs only about
3% of the population. Namibia normally imports about 50% of its cereal
requirements; in drought years food shortages are a major problem in rural
areas. A high per capita GDP, relative to the region, hides one of the world’s
most unequal income distributions, as shown by Namibia's 70.7 GINI
coefficient. The Namibian economy is closely linked to South Africa with the
Namibian dollar pegged one-to-one to the South African rand. Until 2010,
Namibia drew 40% of its budget revenues from the Southern African Customs
Union (SACU). Increased payments from SACU put Namibia's budget into
surplus in 2007 for the first time since independence. SACU allotments to
Namibia increased in 2009, but dropped in 2010 and 2011 because of the
global recession, reducing Namibia's overall SACU income. The dramatic
decline in demand for diamonds during the global financial crisis resulted in
higher costs of producing metals. A rebound in diamond and uranium prices
in 2010 and the reopening of copper mines in 2011 provided a significant boost
to the Namibian mining sector. Namibia’s political landscape is fairly stable,
with strong institutions and no issues with regards to the handover of power.
If Namibia is to carry on its growth trajectory, it will have to maintain the social
cohesion that has prevailed since its independence.

GDP Growth Rate GDP per Capita

7.2% $4,211
Pg. 327 Africa Business Directory - Ed. 2022

5.37.3. GDP Composition by Sectors

Main GDP Composition Elements

45%
50%

40%

30% 24%

20%
7%
10%

0%
Agriculture Industry Services

5.37.4. Trade
Export Commodities Industries Natural Resources

✓ Meatpacking ✓ Diamonds
✓ Diamonds,
✓ Fish processing ✓ Copper
✓ Copper,
✓ Dairy products ✓ Uranium
✓ Gold,
✓ Pasta and ✓ Gold
✓ Zinc,
beverages ✓ Silver
✓ Lead,
✓ Mining ✓ Lead
✓ Uranium,
✓ Diamonds ✓ Tin
✓ Cattle,
✓ Lead ✓ Lithium
✓ Processed fish,
✓ Zinc ✓ Cadmium
✓ Karakul skins
✓ Tin ✓ Tungsten
✓ Silver ✓ Zinc
✓ Tungsten ✓ Salt
✓ Uranium ✓ Hydropower
✓ Copper ✓ Fish
Pg. 328 Africa Business Directory - Ed. 2022

5.37.5. Export & Import

Key Exports

30% 27%

25% 20%
20%
14%
15% 12%

10% 5% 4%
5%
0%

Key Imports

19,50%
20,00%

15,00%

8,10%
10,00%

5,00%

0,00%
South Africa Spain

5.37.6. Contacts
Investment Promotion Agency

Namibiahc

Address 6 Chandos Street, Marylebone, London W1G 9LU

Phone +44 (0) 20 7636 6244

Fax
Pg. 329 Africa Business Directory - Ed. 2022

Email info@namibiahc.org.uk

https://www.namibiahc.org.uk/investment-
Website
opportunities.php

Business Council & Associations

Namibia Chamber of Commerce and Industry (NCCI)

Address 6436 Church Street, Windhoek, Namibia

Phone

Fax +264 61 228 809

Email

Website info@ncci.org.na

The Namibian Manufacturers Association (NMA)

P.O. Box 3325, Windhoek Old Power Station, Shop nr

Address
46 2nd Floo

Phone +264 (0)61 308053

Fax

Email nma(at)nmanamibia.com

Website nmanamibia.com

NAMIBIA LOGISTICS ASSOCIATION

Address P.O.BOX 3744 - WALVIS BAY

Pg. 330 Africa Business Directory - Ed. 2022

Phone +264 (0)61 411 100

Fax

Email info@nla.org.na

Website nla.org.na

The Global Business Network Namibia (GBN) program

Address WINDHOEK

Phone +49 (0)30 300199-1220

Fax

Email gbn-namibia@giz.de

Website WINDHOEK

5.38. Republic of Niger

5.38.1. About
Niger or the Niger, officially the Republic of the Niger, (Hausa: Jamhuriyar Nijar,
Zarma/Songhai: Nigér Laabo, Arabic: ‫ )جمهورية النيجر‬is a landlocked country in
West Africa named after the Niger River. Niger is a unitary state bordered by
Libya to the northeast, Chad to the east, Nigeria to the south, Benin and
Burkina Faso to the southwest, Mali to the west, and Algeria to the northwest.
Niger covers a land area of almost 1,270,000 km2 (490,000 sq. mi), making it
the second-largest landlocked country in West Africa, after Chad. Over 80%
of its land area lies in the Sahara Desert. The country's predominantly Muslim
population of about 22 million live mostly in clusters in the far south and west
of the country. The capital and largest city is Niamey, located in Niger's
southwest corner.
Pg. 331 Africa Business Directory - Ed. 2022

NIGER

Capital[01] Niamey

Location[01] Western Africa

Area[01] 1,267,000 sq km

Algeria, Benin, Burkina Faso, Chad,

Border Countries[01]
Libya, Mali, Nigeria
Uranium, coal, iron ore, tin,
Natural Resources[02] phosphates, gold, molybdenum,
gypsum, salt, petroleum
Desert; mostly hot, dry, dusty;
Climate[01]
tropical in extreme south

Population[03] 23,551,095 (2019 est)

Languages[01] French (official), Hausa, Djerma

Hausa, Djerma, Tuareg, Peulh,

Ethnic Groups[01]
Kanouri, Manga

GDP Growth Rate[04] 5.2% (2018 est.)

GDP per Capita[04] $411.7 (2018 est.)

Agriculture: 44.3%; industry: 14.9%;

GDP Composition/Sector[03]
services: 40.8% (2017 est.)
Labour Agriculture: 87%, industry: 4%,
Force/Occupation[02] services vices: 9% (2016 est.)

Unemployment Rate[05] 0.3% (2018)

Unemployment 15-24 23.10% (2018)

years[03]

GINI index[03] 34.3 (2014 est.)

Population Below Poverty[03] 44.5% (2014 est.)

Pg. 332 Africa Business Directory - Ed. 2022

HDI[03] 0.354 (2017 est.)

Inflation rate[03] 2.97% (2018 est.)

Uranium ore, livestock, cowpeas,

Export Commodities[01]
onions
Cowpeas, cotton, peanuts, millet,
sorghum, cassava (manioc), rice,
Agriculture Products[01]
cattle, sheep, goats, camels,
donkeys, horses, poultry
Uranium mining, cement, brick, soap,
Industries[06] textiles, food processing, chemicals,
slaughterhouses

Public Debt[03] 54.37% of GDP (2018 est.)

Investment[04] 19.8% of GDP (2018 est.)

Trade Balance[06] -$328 million

5.38.2. Economic Overview

Niger is a landlocked, Sub-Saharan nation. The country is located in northwest
Africa. Niger is bordered by Libya to the northeast, Chad to the east, Nigeria to
the south, Benin to the southwest, Burkina Faso and Mali to the west, and
Algeria to the north. Niger is a country whose economy centers on internal
markets, subsistence agriculture, and the export of raw commodities:
foodstuffs to neighbors and raw minerals to world markets and some of the
world's largest uranium deposits. The country of Niger have about 24,2 million
inhabitants; agriculture contributes about 40% of GDP and provides a
livelihood for about 80% of the population. The country has a GDP per capita
of $567 USD. Niger has sizable oil reserves, and oil production, refining, and
exports are expected to grow significantly as new oil and gas exploration sites
are discovered. Drought, desertification, and strong population growth have
undercut the economy. The security challenges posed by Boko Haram have
also hampered the country. Niger’s GDP as of the end of 2018 was $9.24 billion
USD. Niger shares a common currency, the CFA franc, and a common central
bank, the Central Bank of West African States (BCEAO), with seven other
Pg. 333 Africa Business Directory - Ed. 2022

members of the West African Monetary Union. At the turn of the century, Niger
qualified for enhanced debt relief under the International Monetary Fund
program for Highly Indebted Poor Countries (HIPC) and concluded an
agreement with the Fund on a Poverty Reduction and Growth Facility (PRGF).
basic health care, primary education, HIV/AIDS prevention, rural
infrastructure, and other programs geared at poverty reduction. The future
growth of Niger will be sustained by the exploitation of oil, gold, coal, and other
mineral resources. If Niger is to continue its growth it will have to invest in more
infrastructure that will enable it to exploit its resources. Recently Niger
announced a planned Niger Chad Oil Pipeline. The government of Niger and
China are also set to build a 2,000-kilometer, $4.5 billion USD pipeline to carry
crude oil from southeast Niger to the port of Seme in Benin. It is believed these
infrastructure projects will enable the country to have an alternate route of its
crude oil. Until recently crude oil has left Niger via Chad to a port in Cameroon,
but deadly jihadist attacks in Nigeria have spilled over the border and hence
Niger has to find an alternative route for its oil. Niger’s political landscape is
fairly stable, after being subjected to a series of coups following its
independence from France in 1960, the country has at times been under a
military government. Since the universal recognition of a constitution in 2010,
the country has been under civilian rule. In spite of these basic rights issues,
such as slavery - which was only banned in 2003, these still remain a problem
for the state. Niger has become noted as a major transit route for migrants
heading to Europe

GDP Growth Rate GDP per Capita

1.5% $565
Pg. 334 Africa Business Directory - Ed. 2022

5.38.3. GDP Composition by Sectors

Main GDP Composition Elements

50% 44%
41%

40%

30%

20% 15%

10%

0%
Agriculture Industry Services

5.38.4. Trade
Export Commodities Industries Natural Resources

✓ Uranium mining ✓ Uranium

✓ Uranium ore,
✓ Cement ✓ Coal
✓ Livestock,
✓ Brick ✓ Iron ore
✓ Cowpeas,
✓ Soap ✓ Tin
✓ Onions
✓ Textiles ✓ Phosphates
✓ Food processing ✓ Gold
✓ Chemicals ✓ Molybdenum
✓ Slaughterhouses ✓ Gypsum
✓ Salt
✓ Petroleum
Pg. 335 Africa Business Directory - Ed. 2022

5.38.5. Export & Import

Key Exports

30%
30%
25%
18%
20%
15% 10% 8%
10% 5% 5%
5%
0%

Key Imports

29%
30%

25%

20%
14%
15%

10% 6% 5% 5%
5%

0%
France China Malaysia Nigeria Thailand

5.38.6. Contacts
Investment Promotion Agency

NIGER INVESTMENTAGENCY

Address

Phone

Fax
Pg. 336 Africa Business Directory - Ed. 2022

Email contact@nigerrenaissant.org/

Website https://www.nigerrenaissant.org/

Business Council & Associations

ACMAD

Address 85, Av. des Ministères, BP 13184 Niamey - Niger

Phone (+227) 20 73 49 92

Fax

Email dgacmad@acmad.ne

Website https://www.acmad.ne/

ROTARY CLUB CROIX DU SUD

Address

Phone (+227) 20 72 20 17

Fax

Email

Website http://rotary-niamey-croix-du-sud.vip-blog.com/

ANPII (ASSOCIATION NIGERIENNE POUR LA PROMOTION DE L'INVENTION ET

DE L'INNOVATION)

Address BP. 12131 – NIAMEY

Pg. 337 Africa Business Directory - Ed. 2022

Phone (+227) 20 72 50 66

Fax

Email anpii@yahoo.fr

Website http://www.invention-ifia.ch/

Fédération Patronale du Niger

Address BP 10929, Niamey

Phone (+227) 21 38 33 37

Fax

Email sahabiyagi@yahoo.com

Website

Association Professionnelle des Systèmes Financiers Décentralisés du

Niger

Address TERMINUS - NIAMEY

Phone +22796989997

Fax

Email nigerapsfd@gmail.com

Website TERMINUS - NIAMEY

FRONII/FROMAGERIE DU NIGER
Pg. 338 Africa Business Directory - Ed. 2022

Address KOIRA KANO – NIAMEY

Phone (+227) 90 76 21 02

Fax

Email fromagerieduniger@gmail.com

Website

Association des kinésithérapeutes du Niger

Address BP. 404 – NIAMEY

Phone +227 9014 4470

Fax

Email aknniger@yahoo.fr

Website

5.39. Federal Republic of Nigeria

5.39.1. About
Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It
is the most populous country in Africa. It is geographically situated between
the Sahel to the north and the Gulf of Guinea to the south in the Atlantic
Ocean. It covers an area of 923,769 square kilometers (356,669 sq. mi), with a
population of over 206,1 million. Nigeria borders Niger in the north, Chad in the
northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal
republic comprising 36 states and the Federal Capital Territory, where the
Pg. 339 Africa Business Directory - Ed. 2022

capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest
metropolitan areas in the world and the second-largest in Africa.

NIGERIA

Capital[01] Abuja

Western Africa, bordering the Gulf of

Location[01]
Guinea

Area[01] 923,768 sq km

Border Countries[01] Benin, Cameroon, Chad, Niger

natural gas, petroleum, tin, iron ore,

Natural Resources[02] coal, limestone, niobium, lead, zinc,
arable land
varies; equatorial in south, tropical in
Climate[01]
center, arid in north
206,139,587 (2020 est.), the median
Population[03]
age is 18.1 years
English (official), Hausa, yoruba, Igbo
Languages[01]
(Ibo), Fulani
More than 250 ethnic groups, the
Ethnic Groups[01] most populous: Hausa, Fulani, and
Igbo

GDP Growth Rate[04] 1.8% (2020 est.)

GDP per Capita[04] $2097 (2020 est.)

Agriculture: 24.14%, industry: 28.22%,

GDP Composition/Sector[03]
services: 46.39% (2020)
Agriculture: 70%, industry: 10%,
Labour Force/Occupation[02]
services: 20% (1999 est.)

Unemployment Rate[05] 33% (2020 est.)

Pg. 340 Africa Business Directory - Ed. 2022

Unemployment 15-24 N/A

years[03]

GINI index[03] 35.1 (2018)

Population Below Poverty[03] 70% (2010 est.)

HDI[03] 0.4 (2020)

Inflation rate[03] 16.44% (2020 est.)

petroleum and petroleum products

Export Commodities[01]
95%, cocoa, rubber
cocoa, peanuts, cotton, palm oil,
corn, rice, sorghum, millet, cassava
Agriculture Products[01]
(tapioca), yams, rubber, cattle,
sheep, goats, pigs, timber, fish
crude oil, coal, tin, columbite, rubber
products, wood, hides and skins,
textiles, cement and other
Industries[06]
construction materials, food
products, footwear, chemicals,
fertilizer, printing, ceramics, steel

Public Debt[03] 22.47% of GDP (2020 est.)

Investment[04] 29.4% of GDP (2020 est.)

Trade Balance[06] $-33.46 billion

5.39.2. Economic Overview

Nigeria is a West African country that is a regional economic hub and a key
member of the ECOWAS block of countries. The country of Nigeria is the
number one economy in Africa, with a GDP per capita of $2,097 USD coupled
with the highest population with over 206,1 million people. Nigeria is largely a
services-driven economy, but the country remains largely oil reliant. Oil
dependent Nigeria has been hobbled by political instability, corruption,
inadequate infrastructure, and poor macroeconomic management but in
Pg. 341 Africa Business Directory - Ed. 2022

2008 began pursuing economic reforms. Nigeria's former military rulers failed
to diversify the economy away from its overdependence on the capital-
intensive oil sector, which as of 2018 accounted for 81.1% of exports. It is
estimated that with Nigeria’s production cap of 800 million barrels per year,
each Nigerian citizen can on average be allocated 4 barrels. This is implying
that if the price of crude oil is a conservative $45, this would equate to about
$180 per person per year for each citizen. Global poverty projections released
by The Brookings Institution in 2018 show that Nigeria has overtaken India as
home to the largest population of people living in extreme poverty, with 87
million citizens living on less than $1.90 a day. Nigeria has over the years
received debt relief from various agencies. Since 2008 the government has
begun to show the political will to implement the market-oriented reforms
urged by the IMF, such as modernizing the banking system, removing
subsidies, and resolving regional disputes over the distribution of earnings
from the oil industry. The government is working toward developing stronger
public-private partnerships for roads, agriculture, and power. If Nigeria is to
fulfill its potential it will have to continue making the structural adjustments
that many oil countries make. Modernizing agriculture, focusing on tourism
and promoting entrepreneurship will go a long way in seeing the country
reach its goals. Nigeria’s political situation is fairly stable, to maintain stability
the country will need to address its poverty challenges as well as deal with
the Boko Haram insurgents.

GDP Growth Rate GDP per Capita

1.8% $2,097
Pg. 342 Africa Business Directory - Ed. 2022

5.39.3. GDP Composition by Sectors

Main GDP Composition Elements

60%
60%

50%

40%

30% 22%
18%
20%

10%

0%
Agriculture Industry Services

5.39.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Natural gas

✓ Petroleum and
✓ Crude oil ✓ Petroleum
petroleum
✓ Coal ✓ Tin
products,
✓ Tin ✓ Iron ore
✓ Cocoa,
✓ Columbite ✓ Coal
✓ Rubber
✓ Rubber products ✓ Limestone
✓ Wood ✓ Niobium
✓ Hides and skins ✓ Lead
✓ Textiles ✓ Zinc
✓ Cement and ✓ Arable land
other
construction
materials
✓ Food products
✓ Footwear
✓ Chemicals
✓ Fertilizer
✓ Printing
✓ Ceramics
✓ Steel
Pg. 343 Africa Business Directory - Ed. 2022

5.39.5. Export & Import

Key Exports

35% 31%
30%
25%
20%
15% 12%

10% 7% 6%
4%
5%
0%
India United Spain China Netherlands
States

Key Imports

10% 9%

8%
6% 6%
6%

4%
2%
2%

0%
China Belgium United States South Korea

5.39.6. Contacts
Investment Promotion Agency

KADUNA INVESTMENT

kadipa.kdsg.gov.ngNo 3, Sokoto Road, Off Ahmadu

Address
Bello Way, Kaduna. Kaduna State.

Phone +234 809 6961 576

Pg. 344 Africa Business Directory - Ed. 2022

Fax

Email contact.kadipa@kdsg.gov.ng

Website https://kadipa.kdsg.gov.ng/

Business Council & Associations

AMERICAN BUSINESS COUNCIL NIGERIA

American Business Council KPMG Tower Bishop

Address
Aboyade Cole Street Victoria Island Lagos, Nigeria

Phone +234-706-418-7879

Fax

Email info@abcnig.com

Website https://www.abcnig.com/

NIGERIA MALAYSIA BUSINESS COUNCIL

4,TITILAYO BALOGUN CLOSE, AJAO ESTATE, ISOLO, -

Address
LAGOS

Phone (+234) 8180086609

Fax

Email nigmalaysiabizcouncil@gmail.com

Website

Franco-Nigerian Chamber of Commerce and Industry

Pg. 345 Africa Business Directory - Ed. 2022

Address N° 2 JIBIA STREET, ARAE 2 GARKI LL – ABUJA

Phone (+234) 80 32 97 95 87

Fax

Email fncci@france-nigeria.org

Website https://france-nigeria.org/

Nigeria Ghana Business Council

BLOCK 3, FLAT 1, MUBENDE STREET, OFF TAMALE STREET

Address
- ABUJA MUNICIPAL

Phone +234 705 577 1181

Fax

Email

Website http://www.nigeriaghanabusinesscouncil.org/

Nigerian Association of Chambers of Commerce

Address 8A Oba Akinjobi Way, Ikeja, Lagos

Phone

Fax +2348118877562

Email

Website
Pg. 346 Africa Business Directory - Ed. 2022

U.S. Nigeria Council

Address ELENUSONSO - ELENUSONSO, IBADAN

Phone

Fax

Email info@usnigeriacouncil.org.

Website http://www.usnigeriacouncil.org/

5.40. Republic of Rwanda

5.40.1. About
Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great
Rift Valley of Central Africa, where the African Great Lakes region and East
Africa converge. Located a few degrees south of the Equator, Rwanda is
bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the
Congo. It is highly elevated, giving it the soubriquet "land of a thousand hills",
with its geography dominated by mountains in the west and savanna to the
east, with numerous lakes throughout the country. The climate is temperate
to subtropical, with two rainy seasons and two dry seasons each year.
Rwanda has a population of over 12,9 million living on 26,338 km2 (10,169 sq.
mi) of land, and is the most densely populated mainland African country;
among countries larger than 10,000 km2, it is the fifth most densely populated
country in the world. One million people live in the capital and largest city
Kigali.

RWANDA

Capital[01] Kigali

Central Africa, east of Democratic

Location[01]
Republic of the Congo
Pg. 347 Africa Business Directory - Ed. 2022

Area[01] 26,338 sq km

Burundi, Tanzania, Uganda,

Border Countries[01]
Democratic Republic of Congo
Gold, cassiterite (tin ore), wolframite
Natural Resources[02] (tungsten ore), methane,
hydropower, arable land
Temperate; two rainy seasons, mild
Climate[01] in mountains with frost and snow
possible

Population[03] 12,952,209 (2020 est.)

Kinyarwanda (official), French

Languages[01]
(official), English (official), Kiswahili
Hutu (Bantu), Tutsi (Hamitic), Twa
Ethnic Groups[01]
(Pygmy)

GDP Growth Rate[04] 3.4% (2020 est.)

GDP per Capita[04] $787 (2020 est.)

Agriculture: 26.25%, industry: 19.33%,

GDP Composition/Sector[03]
services: 46.42% (2020 est.)
Agriculture: 75.3%, industry 6.7%;
Labour Force/Occupation[02]
services: 18% (2012 est)

Unemployment Rate[05] N/A

Unemployment 15-24 N/A

years[03]

GINI index[03] 43.7 (2016 est.)

Population Below Poverty[03] 38.2% (2016 est.)

HDI[03] 0.4 (2020)

Inflation rate[03] -0.31% (2018 est.)

Pg. 348 Africa Business Directory - Ed. 2022

Export Commodities[01] Coffee, tea, hides, tin ore

Coffee, tea, pyrethrum (insecticide)

Agriculture Products[01] bananas, beans, sorghum, potatoes,
livestock
Cement, agricultural products,
small-scale beverages, soap,
Industries[06]
furniture, shoes, plastic goods,
textiles, cigarettes

Public Debt[03] 74.83% of GDP (2021 est.)

Investment[04] 24.53% of GDP (2020 est.)

Trade Balance[06] -$1.68 Billion

5.40.2. Economic Overview

Rwanda is a small mountainous and landlocked country located in the Great
Lakes Region of Central East Africa. The country of 12,9 million is a poor rural
country with about 70% of the population engaged in agriculture (mainly
subsistence) and 72% of citizens employed within the sector. The Rwandan
economy also has strong activity in agro-processing, tourism, mineral
extraction. The coffee and tea remain Rwanda's main sources of foreign
exchange. The country’s investment in an international convention Centre as
well as in resort infrastructure has repositioned it as the premium location for
the MICE industry. Kigali, Rwanda’s capital, is often lauded as “Africa’s cleanest
city”. The country’s ban on non-biodegradable plastic is often mentioned as
a cause. The mandatory practice of Umuganda—loosely translated as
“coming together to achieve a common purpose” sees citizens commit time
to projects that help improve the country’s public spaces. The Rwandan
economy is a mixed economic system with services accounting for 51.5% of
GDP. Rwanda’s GDP per capita is $787 USD and it continues to grow. In the
year 2000, the government established Vision 2020, a long-term
development strategy with its main objective to transform Rwanda into a
middle-income country by 2020, based on a thriving private sector. Since
then, the Rwandan economy has been growing steadily at an average of 7%
every year, earning a reputation as one of Africa’s fastest-growing
Pg. 349 Africa Business Directory - Ed. 2022

economies. Rwanda is the highest-ranked African country in terms of the

ease of doing business ratings, the country ranks 29th out of 190 countries.
Politically, Rwanda is a stable democracy and its anti-genocide legislations
are currently bearing fruit. The 1994 genocide decimated Rwanda's fragile
economic base and severely impoverished the population, particularly
women. The genocide temporarily stalled the country's ability to attract
private and external investment. However, Rwanda has made substantial
progress in stabilizing and rehabilitating its economy to pre-1994 levels.
Nonetheless, a significant percent of the population still live below the official
poverty line. As Africa's most densely populated country is trying to overcome
the limitations of its small, landlocked economy by leveraging regional trade.
Rwanda joined the East African Community and is aligning its budget, trade,
and immigration policies with its regional partners. The government has
embraced an expansionary fiscal policy to reduce poverty by improving
education, infrastructure, foreign and domestic investment and pursuing
market-oriented reforms. Energy shortages, instability in neighboring states,
and lack of adequate transportation linkages to other countries continue to
handicap private sector growth. The Rwandan government is seeking to
become a regional leader in information and communication technologies
as well as business tourism. Rwanda is developing SEZs that seek to attract
investment in all sectors, but specifically in agribusiness, information and
communications technologies, trade and logistics, mining, and construction.
The global downturn hurt export demand and tourism, but economic growth
is recovered. On the back of sustained growth, the government is gradually
ending its fiscal stimulus policy while protecting aid to the poor. With 53% of
the population being youth under the age of 19 and with 16.7% unemployment,
Rwanda’s biggest asset is its people. As such the government has to increase
its investment in social, educational and healthcare infrastructure.

GDP Growth Rate GDP per Capita

5% $412
Pg. 350 Africa Business Directory - Ed. 2022

5.40.3. GDP Composition by Sectors

Main GDP Composition Elements

60% 51%
50%

40% 31%
30%
18%
20%

10%

0%
Agriculture Industry Services

5.40.4. Trade
Export Commodities Industries Natural Resources

✓ Cement ✓ Gold
✓ Coffee,
✓ Agricultural ✓ Cassiterite (tin
✓ Tea,
products ore)
✓ Hides,
✓ Small-scale ✓ Wolframite
✓ Tin ore
beverages (tungsten ore)
✓ Soap ✓ Methane
✓ Furniture ✓ Hydropower
✓ Shoes ✓ Arable land
✓ Plastic goods
✓ Textiles
✓ Cigarettes
Pg. 351 Africa Business Directory - Ed. 2022

5.40.5. Export & Import

Key Exports

20% 17%

15% 13% 12%

9%
10% 6% 5%
5%

0%

Key Imports

20%
20%

15%
11%
10% 7%
7%
5% 5%
5%

0%
China Uganda India Kenya Tanzania UAE

5.40.6. Contacts
Investment Promotion Agency

visitrwanda

Rwanda Development Board (RDB) KG 220 St, Kigali,

Address
Gishushu | Kigali | Rwanda

Phone +250 727 775 170

Pg. 352 Africa Business Directory - Ed. 2022

Fax

Email info@rdb.rw

https://www.visitrwanda.com/investment/investment-
Website
opportunities/

Business Council & Associations

visitrwanda

Address The European Business Chamber of Rwanda

Phone BP. 6019 – KIGALI

Fax (+250) 252 57 09 78

Email (+250) 252 57 09 65

Website cepex@minecofin.gov.rw

National Agricultural Export Development Board

Address KIGALI

Phone (+250) 252 57 09 78

Fax (+250) 252 57 09 65

Email cepex@minecofin.gov.rw

Website minecofin.gov.rw

National Pharmacy Council

Pg. 353 Africa Business Directory - Ed. 2022

Address KK 19 Ave, Kigali, Rwanda

Phone +250784614601

Fax

Email info@naeb.gov.rw

Website http://www.pharmacycouncil.rw/

Private Sector Federation

Address 23FP+H9R, KK 6 Ave, Kigali, Rwanda

Phone +250788123300

Fax

Email secretariat@psf.org.rw

Website https://www.psf.org.rw/

National Council for Science and Technology

Grand Pension Plaza, 13th Floor, KN 2 Roundabout,

Address
Kigali, Rwanda

Phone +250784614601

Fax

Email info@ncst.gov.rw

Website https://ncst.gov.rw/
Pg. 354 Africa Business Directory - Ed. 2022

5.41. Sahrawi Arab Democratic Republic

5.41.1. About
The Sahrawi Arab Democratic Republic (SADR; also romanized with Saharawi;
Arabic: ‫ الجمهورية العربية الصحراوية الديمقراطية‬al-Jumhūrīyah al-'Arabīyah aṣ-
Ṣaḥrāwīyah ad-Dīmuqrāṭīyah Spanish: República Árabe Saharaui
Democrática), also known as Western Sahara, is a partially recognized state
located in the western Maghreb, which claims the non-self-governing
territory of Western Sahara, but controls only the easternmost one-fifth of that
territory. Between 1884 and 1975, Western Sahara was known as Spanish
Sahara, a Spanish colony (later an overseas province). The SADR is one of the
two African states in which Spanish is a significant language, the other being
Equatorial Guinea.

WESTERN SAHARA

Capital[01] Bir lehlou

Northern Africa, bordering the North

Location[01]
Atlantic Ocean

Area[01] 266,000 sq km

Border Countries[01] Algeria, Mauritania, Morocco

Natural Resources[02] Phosphates, iron ore

Hot, dry desert; rain is rare, cold off-

Climate[01]
shore air currents produce fog

Population[03] 624,761 (2022 est.)

Languages[01] Hassaniya Arabic, Moroccan Arabic

Ethnic Groups[01] Arab, Berber

GDP Growth Rate[04] 9.64%

Pg. 355 Africa Business Directory - Ed. 2022

GDP per Capita[04] $2,500 (2020 est.)

Agriculture: 26.25%, industry: 19.33%,

GDP Composition/Sector[03]
services: 46.42% (2020 est.)
Labour Agriculture: 50%, industry: 25%, services
Force/Occupation[02] 25%

Unemployment Rate[05] N/A

Unemployment 15-24
N/A
years[03]

GINI index[03] N/A

Population Below Poverty[03] N/A

HDI[03] N/A

Inflation rate[03] N/A

Export Commodities[01] Phosphates

Fruits and vegetables (grown in the few

Agriculture Products[01] oases), camels, sheep, goats (kept by
nomads), fish

Industries[06] Phosphate mining, handicrafts

Public Debt[03] 50%

Investment[04] 24.53%

Trade Balance[06] $-1.7 Billion

5.41.2. Economic Overview

Western Sahara is a disputed territory on the northwest coast and in the
Maghreb region of North and West Africa, partially controlled by the self-
proclaimed Sahrawi Arab Democratic Republic and partially occupied by
neighboring Morocco. The territory continues to have an unresolved legal
Pg. 356 Africa Business Directory - Ed. 2022

status and the Moroccan Government administers Western Sahara's

economy, acting as a key source of employment, infrastructure development,
and social spending in the territory. The disputed territory borders Algeria,
Mauritania and Morocco. Spain is reachable by boat. Western Sahara has
been on the United Nations list of non-self-governing territories since 1963
after a Moroccan demand. In 1965, the UN General Assembly adopted its first
resolution on Western Sahara, asking Spain to decolonize the territory and in
1975, Spain relinquished the administrative control of the territory to a joint
administration by Morocco (which had formally claimed the territory since
1957) alongside Mauritania. A war erupted between those countries and a
Sahrawi nationalist movement, the Polisario Front, which proclaimed the
Sahrawi Arab Democratic Republic (SADR) with a government in exile in
Tindouf, Algeria. The United Nations considers the Polisario Front to be the
legitimate representative of the Sahrawi people, and maintains that the
Sahrawis have a right to self-determination. Not much economic data exist
on the territory of approximately 624 thousand people with a GDP per capita
of $ 2,500 USD. Most of the data that exists is included in Moroccan economic
data. Western Sahara has a small market-based economy whose main
industries are fishing, phosphate mining, tourism, and pastoral nomadism.
The territory's arid desert climate makes sedentary agriculture difficult, and
much of its food is imported.

GDP Growth Rate GDP per Capita

2% $2,500
Pg. 357 Africa Business Directory - Ed. 2022

5.41.3. GDP Composition by Sectors

Main GDP Composition Elements

50% 42% 40%

40%

30%
18%
20%

10%

0%
Agriculture Industry Services

5.41.4. Trade
Export Commodities Industries Natural Resources

✓ Phosphate ✓ Phosphates
✓ Phosphates
mining ✓ Iron Ore
✓ Handicrafts

5.41.5. Export & Import

Key Exports

150%

100%

50%

0%
N/A
Pg. 358 Africa Business Directory - Ed. 2022

Key Imports

150,00%

100,00%

50,00%

0,00%
N/A

5.41.6. Contacts
Investment Promotion Agency
N/A

Business Councils & Associations

N/A

5.42. Democratic Republic of São Tomé and Principe

5.42.1. About
São Tomé and Príncipe, officially the Democratic Republic of São Tomé and
Príncipe (Portuguese: República Democrática de São Tomé e Príncipe), is an
island country in the Gulf of Guinea, off the western equatorial coast of Central
Africa. It consists of two archipelagos around the two main islands of São
Tomé and Príncipe, about 150 km (93.21 mi) apart and about 250 and 225 km
(155 and 140 mi) off the north-western coast of Gabon. With a population of
211 thousand people (2018 official estimate), São Tomé and Príncipe is the
second-smallest and second-least populous African sovereign state after
Seychelles.

São Tomé and Príncipe

Capital[01] São Tomé

Pg. 359 Africa Business Directory - Ed. 2022

Central Africa, islands in the Gulf of

Location[01]
Guinea, straddling the Equator

Area[01] 964 sq km

Border Countries[01] 964 sq km

Natural Resources[02] Fish and Hydropower

Tropical; hot, humid; one rainy

Climate[01]
season (October to May)

Population[03] 215, 056 (2019 est.)

Languages[01] Portuguese (official)

Mestico, Angolares, Forros, Servicais,

Ethnic Groups[01]
Europeans, Tongas

GDP Growth Rate[04] 2.7% (2018 est.)

GDP per Capita[04] $2,001.1 (2018 est.)

agriculture: 11.8%, industry: 14.8%,

GDP Composition/Sector[03]
services: 73.4% (2017)
agriculture: 26.1%, industry: 21.4%
Labour Force/Occupation[02]
services: 52.4% (2017)

Unemployment Rate[05] 13.3% (2018 est.)

Unemployment 15-24 20.26% (2018 est.)

years[03]

GINI index[03] 30.8% (2010 est.)

Population Below Poverty[03] 66.2% (2010 est.)

HDI[03] 0.589 (2017 est.)

Inflation rate[03] 7.87% (2018 est.)

Export Commodities[01] cocoa 80%, copra, coffee, palm oil

Pg. 360 Africa Business Directory - Ed. 2022

cocoa, coconuts, palm kernels,

Agriculture Products[01] cinnamon, pepper, coffee, bananas,
papayas, beans, poultry; fish, copra
light construction, textiles, soap,
Industries[06]
beer, fish processing, timber

Public Debt[03] 74.52% of GDP (2018 est.)

Investment[04] 50.1% of GDP (2012 est.)

Trade Balance[06] -$124 million

5.42.2. Economic Overview

São Tomé and Príncipe is a small island country in the Gulf of Guinea where
poor island economy has become increasingly dependent on cocoa since
independence in 1975. Cocoa production has substantially declined in recent
years because of drought and mismanagement. São Tomé and Príncipe’s
rich volcanic soil and close proximity to the Equator have made São Tomé
and Príncipe ideal for sugar cultivation and cash crops such as coffee and
cocoa. The country of 219 thousand people has to import fuels, most
manufactured foods, consumer goods, and a substantial amount of food,
making it vulnerable to fluctuations in global commodity prices. Over the
years, it has had difficulty servicing its external debt and has relied heavily on
concessional aid and debt rescheduling. São Tomé and Príncipe has a GDP
per capita of $2,157 USD in 2020. At the turn of the millennium, the country
benefited from $200 million in debt relief under the Highly Indebted Poor
Countries (HIPC) program, which helped bring down the country's $300
million debt burden. The country has in the past participated in the Threshold
Country Program with The Millennium Challenge Corporation to help increase
tax revenues, reform customs, and improve the business environment.
Considerable potential exists for the development of a tourist industry, and
the government has taken steps to expand facilities in recent years. The
government also has attempted to reduce price controls and subsidies.
Potential exists for the development of petroleum resources in São Tomé and
Príncipe's territorial waters in the oil-rich Gulf of Guinea, which are being jointly
developed in a 60-40 split with Nigeria, but any actual production is at least
several years off. Maintaining control of inflation, fiscal discipline, and
Pg. 361 Africa Business Directory - Ed. 2022

increasing flows of foreign direct investment into the oil sector, are the major
economic problems facing the country. The country has a fairly stable
political scene, an upturn from the days of politically influenced detentions
and army intervention in matters of governance. São Tomé and Príncipe has
made great strides toward developing its democratic institutions and further
guaranteeing the civil and human rights of its citizens. São Toméans have
freely changed their government through peaceful and transparent elections
on several occasions.

GDP Growth Rate GDP per Capita

3% $2,157

5.42.3. GDP Composition by Sectors

Main GDP Composition Elements

73%
80%

60%

40%

12% 15%
20%

0%
Agriculture Industry Services

5.42.4. Trade
Export Commodities Industries Natural Resources
Pg. 362 Africa Business Directory - Ed. 2022

✓ Light ✓ Fish
✓ Cocoa,
Construction ✓ Hydropower
✓ Copra,
✓ Textiles
✓ Coffee,
✓ Soap
✓ Palm oil
✓ Beer
✓ Fish Processing
✓ Timber

5.42.5. Export & Import

Key Exports

50% 44%

40%

30% 24%

20%
6% 5% 4%
10%

0%
Germany Portugal Netherlands Poland
Guyana

Key Imports

55%
60%
50%
40%
30%
17%
20%
6%
10%
0%
Angola China
Portugal
Pg. 363 Africa Business Directory - Ed. 2022

5.42.6. Contacts
Investment Promotion Agency
N/A

Business Council & Associations

Chamber of Commerce

Address Avenida 12 de Julho

Phone São Tomé, São Tomé e Príncipe

Fax +239 22-21-409

Email

Website

Business Association of Sao Tome and Principe

Address Avenida Margial 12 de Julhom, no. 49

Phone São Tomé

Fax +239 9975242

Email

Website secretário.geral@aestp.pt

5.43. Republic of Senegal

5.43.1. About
Senegal, officially the Republic of Senegal (French: République du Sénégal;
Wolof: Réewum Senegaal; Pulaar: Renndaandi Senegaali; Arabic: ‫)جمهورية السنغال‬,
Pg. 364 Africa Business Directory - Ed. 2022

is a country in West Africa. Senegal is bordered by Mauritania in the north, Mali

to the east, Guinea to the southeast, and Guinea-Bissau to the southwest.
Senegal nearly surrounds The Gambia, a country occupying a narrow sliver
of land along the banks of the Gambia River, which separates Senegal's
southern region of Casamance from the rest of the country. Senegal also
shares a maritime border with Cape Verde. Senegal's economic and political
capital is Dakar.

SENEGAL

Capital[01] Dakar

Western Africa, bordering the North

Location[01]
Atlantic Ocean

Area[01] 196,722 sq km

Gambia, Guinea, Guinea-Bissau,

Border Countries[01]
Mali, Mauritania

Natural Resources[02] Fish, phosphates, iron ore

Tropical; hot, humid; rainy season,

Climate[01]
has strong southeast winds

Population[03] 17,676,000 (2022 est.)

French (official), Wolof, Pulaar, Jola,

Languages[01]
Mandinka
Wolof, Pular, Serer, Jola, Mandinka,
Ethnic Groups[01]
Soninke, European and Lebanese

GDP Growth Rate[04] 6.21 % (2018 est.)

GDP per Capita[04] $1,458.83 (2018 est.)

Agriculture: 16.9%, industry: 24.3%,

GDP Composition/Sector[03]
services: 58.8% (2017 est.)
Agriculture: 77%, industry and
Labour Force/Occupation[02]
services: 23% (2007 est.)
Pg. 365 Africa Business Directory - Ed. 2022

Unemployment Rate[05] 3.62 % (2020 est.)

Unemployment 15-24 4.93% (2020 est.)

years[03]

GINI index[03] 38.10 (2018 est.)

Population Below Poverty[03] 46.7% (2011 est.)

HDI[03] 0.42 (2020 est.)

Inflation rate[03] 2.55% (2020 est.)

Fish, groundnuts (peanuts),

Export Commodities[01] phosphates, cotton, petroleum
products
Peanuts, millet, corn, sorghum, rice,
Agriculture Products[01] cotton, tomatoes, green vegetables,
cattle, poultry, pigs, fish
Agricultural and fish processing,
phosphate mining, fertilizer
production, petroleum refining; iron
Industries[06]
ore, zircon, and gold mining,
construction materials, ship
construction and repair

Public Debt[03] 62% of GDP (2018 est.)

Investment[04] 23.17% of GDP (2021est.)

Trade Balance[06] -$3.9 billion

5.43.2. Economic Overview

Senegal, officially the Republic of Senegal, is a country in West Africa. Senegal
is bordered by Mauritania in the north, Mali to the east, Guinea to the
southeast, and Guinea-Bissau to the southwest. The country of 16 million
people relies heavily on donor assistance. The country's key export industries
are phosphate mining, fertilizer production, and commercial fishing. The
Pg. 366 Africa Business Directory - Ed. 2022

country is also working on iron ore and oil exploration projects. In January
1994, Senegal undertook a bold and ambitious economic reform program
with the support of the international donor community. Government price
controls and subsidies have been steadily dismantled. After seeing its
economy contract by 2.1% in 1993, Senegal made an important turnaround,
thanks to the reform program, with real growth in GDP averaging over 5%
annually during the period from 1995-2007. Annual inflation had been pushed
down to the single digits. The country was adversely affected by the global
economic downturn in 2008 when GDP growth fell to 2.2%. As of the end of
2018, Senegal’s GDP was $23.50 billion USD and services contributed 62.2% of
this figure. As a member of the West African Economic and Monetary Union,
Senegal is working toward greater regional integration with a unified external
tariff and a more stable monetary policy. High unemployment, however,
continues to prompt migrants to flee Senegal in search of better job
opportunities in Europe. Under the IMF's Highly Indebted Poor Countries (HIPC)
debt relief program, Senegal benefited from the eradication of two-thirds of
its bilateral, multilateral, and private-sector debt. In 2007, Senegal and the IMF
agreed to a new, non-disbursing, Policy Support Initiative program. The IMF
approved a new three-year policy support instrument in December 2010 to
assist with economic reforms. Senegal receives disbursements from the $540
million Millennium Challenge Account compact it signed in September 2009
for infrastructure and agriculture development. In 2010, the Senegalese
people protested against frequent power cuts. The government pledged to
expand power capacity by 2012 and to promote renewable energy, but until
Senegal has more capacity, more protests are likely. Foreign investment in
Senegal is retarded by Senegal's unfriendly business environment. The
country ranks 141st out of 190 countries in the ease of doing business.
Politically, Senegal is a stable democracy with 3 major political transitions
since its independence in 1960. If Senegal is to fulfill its potential, maintaining
this peace will be key as well as integrating the country’s youthful population
into the mainstream economy will be critical.
Pg. 367 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

6.21% $1,458

5.43.3. GDP Composition by Sectors

Main GDP Composition Elements

49,90%
50%

40%

30% 23,20%
17%
20%

10%

0%
Agriculture Industry Services

5.43.4. Trade
Export Commodities Industries Natural Resources

✓ Agricultural And ✓ Fish

✓ Fish,
Fish Processing ✓ Phosphates
✓ Groundnuts
✓ Phosphate ✓ Iron Ore
(peanuts),
Mining
✓ Petroleum
✓ Fertilizer
products,
Production
✓ Phosphates,
✓ Petroleum
✓ Cotton
Refining; Iron Ore
Pg. 368 Africa Business Directory - Ed. 2022

✓ Zircon
✓ And Gold Mining
✓ Construction
Materials
✓ Ship
Construction and
Repair

5.43.5. Export & Import

Key Exports

25,00% 21,40%
20,00%
14,50%
15,00% 11,80%

10,00% 5,36% 5,71%

4%
5,00%
0,00%

Key Imports

20%
20%

15%
9%
10%
5,27% 5,16% 5,10%
3,78%
5%

0%
Pg. 369 Africa Business Directory - Ed. 2022

5.43.6. Contacts
Investment Promotion Agency

APIX, Promotion des Investissements et Grands Travaux Sénégal

Address 52 - 54 Rue Mohamed V

Phone BP 430 CP 18524 Dakar RP Sénégal

Fax (+221) 33 849 05 55

Email (+221) 33 823 94 89

Website infos@apix.sn

Business Council & Associations

AAFEX (ASSOCIATION AFRIQUE AGRO EXPORT)

Lot 4&6, VDN, Immeuble Séynabou, 1er et 2eme

Address
étage, Sacré Cœur 3

Phone BP 45028 Dakar-Fann

Fax Dakar - Sénégal

Email (+221) 33 867 94 80

Website (+221) 33 827 88 45

AS EDITEURS (ASSOCIATION SENEGALAISE DES EDITEURS)

Address S/C BP 347 Agrecol

Phone Thiès - Sénégal

Fax (+221) 339 51 42 06

Pg. 370 Africa Business Directory - Ed. 2022

Email (+221) 774 42 40 29

Website contact@as-editeurs.org

FENAB (FEDERATION NATIONALE POUR L'AGRICULTRE BIOLOGIQUE)

Lot 4&6, VDN, Immeuble Séynabou, 1er et 2eme

Address
étage, Sacré Cœur 3

Phone BP 45028 Dakar-Fann

Fax Dakar - Sénégal

Email (+221) 33 867 94 80

Website (+221) 33 827 88 45

FONDATION SENFINANCES

Rue de St Louis, Point E, Impasse Upis, 1er Etage,

Address
Porte N°5

Phone BP 22452

Fax Dakar - Sénégal

Email (+221) 338 64 61 01

Website (+221) 338 64 61 02

MDES (MOUVEMENT DES ENTREPRISES DU SENEGAL)

Liberté 6 extention, Immeuble de Couleur Jaune BP

Address
16993 Dakar - Sénégal
Pg. 371 Africa Business Directory - Ed. 2022

Phone (+221) 338 67 14 91

Fax (+221) 338 67 67 01

Email medssenegal@gmail.com

Website https://www.meds-senegal.org/

GAIPES (GROUPEMENT DES ARMATEURS ET INDUSTRIELS DE LA PECHE AU

SENEGAL)

29, Boulevard De La Libération

Address
BP 2138
Dakar - Sénégal

Phone (+221) 338 21 49 81

(+221) 338 21 95 06
Fax

-
Email

-
Website

ONCDS (ORDRE NATIONAL DES CHIRURGIENS DENTISTES)

Address Cité Comico VDN lot n°20

Phone Dakar - Sénégal

Fax (+221) 338 27 67 87

Email

Website -
Pg. 372 Africa Business Directory - Ed. 2022

ORDRE NATIONAL DES MEDECINS DU SENEGAL

Sotrac Mermoz pres de l'Université du Sahel BP 27

Address
115 Dakar Colis Postaux Dakar - Sénégal

Phone (+221) 338 65 07 94

Fax (+221) 338 65 08 05

Email onms@orange.sn

Website https://www.ordremedecins.sn/

5.44. Republic of Seychelles

5.44.1. About
Seychelles, officially the Republic of Seychelles (French: République des
Seychelles; Creole: La Repiblik Sesel), is an archipelagic island country
consisting of 115 islands in the Indian Ocean at the eastern edge of the Somali
Sea. Its capital and largest city, Victoria, is 1,500 kilometers (800 nautical
miles) east of mainland Africa. Nearby island countries and territories include
the Comoros, Madagascar, Mauritius, and the French overseas regions of
Mayotte and Réunion to the south; and Maldives and the Chagos Archipelago
(administered by the United Kingdom as the British Indian Ocean Territory) to
the east. It is the least populous sovereign African country, with an estimated
2020 population of 98 thousand.

SEYCHELLES

Capital[01] Victoria

Archipelago in the Indian Ocean,

Location[01]
northeast of Madagascar

Area[01] 455 sq km
Pg. 373 Africa Business Directory - Ed. 2022

Border Countries[01] N/A

Natural Resources[02] Fish, copra, cinnamon trees

Tropical marine; humid; cooler

Climate[01] season during southeast monsoon,
warmer

Population[03] 98,462 (2020 est.)

Creole 91.8%, English (official) 4.9%,

Languages[01]
other 3.1%
Mixed French, African, Indian,
Ethnic Groups[01]
Chinese, and Arab

GDP Growth Rate[04] 10.8% (2020 est.)

GDP per Capita[04] $10,764.4 (2020 est.)

Agriculture: 26.25%, industry: 19.3%,

GDP Composition/Sector[03]
services: 46.42% (2020)
Agriculture: 3%, industry: 23%,
Labour Force/Occupation[02]
services: 74% (2006 est.)

Unemployment Rate[05] 7% (2021 est.)

Unemployment 15-24 20.3% (2002 est.)

years[03]

GINI index[03] 46.8 (2013 est.)

Population Below Poverty[03] 39.3% (2013 est.)

HDI[03] 0.797 (2017 est.)

Inflation rate[03] 3.7% (2018 est.)

Canned tuna, frozen fish, bark, copra,

Export Commodities[01] cinnamon petroleum products
(reexports)
Pg. 374 Africa Business Directory - Ed. 2022

Coconuts, cinnamon, vanilla, sweet

Agriculture Products[01] potatoes, cassava (tapioca), copra,
bananas, poultry, tuna
Fishing, tourism, processing of
coconuts and vanilla, coir (coconut
Industries[06]
fiber) rope, boat building, printing,
furniture, beverages

Public Debt[03] 89% of GDP (2020 est.)

Investment[04] 31.05% of GDP (2020 est.)

Trade Balance[06] -$511 million

5.44.2. Economic Overview

Seychelles is an island country located in the Indian Ocean, just off the East
Coast of Africa. The small island nation has a population of 98 thousand
people as of 2019. Since independence in 1976, per capita output in this Indian
Ocean archipelago has expanded to roughly seven times the pre-
independence, near-subsistence level, moving the island into the upper-
middle-income group of countries. The growth of Seychelles has been led by
the tourist sector, which employs about 30% of the labour force and provides
more than 70% of hard currency earnings. The economy of Seychelles is also
supported by fishing, tourism, agro-processing of coconuts and vanilla, coir
rope, boat building, printing, furniture, and beverages. Agricultural products
include cinnamon, sweet potatoes, cassava, bananas, poultry, and tuna.
Seychelles has a GDP per capita of $10,764 USD. In recent years, the
government has encouraged foreign investment to upgrade hotels and other
services. At the same time, the government has moved to reduce the
dependence on tourism by promoting the development of farming, fishing,
and small-scale manufacturing. The Seychelles rupee was allowed to
depreciate in 2006 after being overvalued for years and fell by 10% in the first
9 months of 2007. Despite these actions, the Seychelles economy struggled
to maintain its gains and in 2008 suffered from food and oil price shocks, a
foreign exchange shortage, high inflation, large financing gaps, and the
global recession. In July 2008 the government defaulted on a Euro amortizing
note worth roughly US$80 million, leading to a downgrading of Seychelles
Pg. 375 Africa Business Directory - Ed. 2022

credit rating. In an effort to obtain loans to service its debt, Seychelles in

November 2008 signed a standby arrangement with the IMF that mandated
floating the exchange rate, removing foreign exchange controls, cutting
government spending, and tightening monetary policy. In response to
Seychelles' successful implementation of these policies, the IMF upgraded
Seychelles to a three-year extended fund facility (EFF) of $31 million in
December 2009. In 2008, GDP fell more than 1% due to declining tourism and
the initial effects of liberalization, but the economy recovered in the period
2010-2018 after the reforms took hold and tourism increased. Seychelles is
attempting to implement further structural reforms, including overhauling the
tax system, reorganizing of state enterprises, and deregulating the finance
and communications sectors. The Seychelles is a fairly stable republic now,
after an ominous, post-independence start which included a coup, an
invasion by mercenaries, an abortive army mutiny, and several coup
attempts. The Seychelles have attained stability and prosperity and to
maintain this it will have to face issues such as ensuring its security from the
threat of pirates as well as the diversification of the economy.

GDP Growth Rate GDP per Capita

10.8% $10,764
Pg. 376 Africa Business Directory - Ed. 2022

5.44.3. GDP Composition by Sectors

Main GDP Composition Elements

100% 84%

80%

60%

40%
14%
20% 2%

0%
Agriculture Industry Services

5.44.4. Trade
Export Commodities Industries Natural Resources

✓ Fishing ✓ Fish
✓ Canned tuna,
✓ Tourism ✓ Copra
✓ Frozen fish,
✓ Processing Of ✓ Cinnamon Trees
✓ Petroleum
Coconuts And
products
Vanilla
(reexports)
✓ Coir (Coconut
Fiber) Rope
✓ Boat Building
✓ Printing
✓ Furniture
✓ Beverages
Pg. 377 Africa Business Directory - Ed. 2022

5.44.5. Export & Import

Key Exports

28%
30%
24%
25%
20%
14%
15%
9%
10% 5%
5%
0%
UAE France United Italy Germany
Kingdom

Key Imports

13%
14%
12%
9%
10%
8% 6% 5%
6%
4%
2%
0%
United Arab France Spain South Africa
Emirates

5.44.6. Contacts
Investment Promotion Agency

Invest in seychelles

Address

Phone (248) 4 295 500

Fax (248) 2 815 500

Pg. 378 Africa Business Directory - Ed. 2022

Email investinseychelles@sib.gov.sc

Website https://investinseychelles.com/

Business Council & Associations

Seychelles Islands Foundation (SIF)

PO Box 853, La Ciotat Building, Mont Fleuri, Mahe,

Address
Seychelles

Phone +248 432 17 35

Fax +248 432 48 84

Email info@sif.sc

Website http://www.sif.sc

High Commission of India

Address PO Box 488, Le Chantier, Victoria, Mahe, Seychelles

Phone +248 461 03 01

Fax +248 461 03 08

Email info@seychelles.net

Website http://www.seychelles.net/hicomind

British High Commission

PO Box 161, 3rd Floor, Oliaji Trade Centre, Victoria,

Address
Mahe, Seychelles
Pg. 379 Africa Business Directory - Ed. 2022

Phone +248 428 36 66

Fax +248 428 36 57

Email

Website

Seychelles Car Hire Operators Association (SCHOA)

Address Room:39, OJ Market Mall, Victoria, Mahe, Seychelles

+248 432 55 60
Phone

+248 422 57 18
Fax

Email

Website

Lions Club of Paradise Seychelles

Address PO Box 847, Victoria, Mahe, Seychelles

Phone +248 438 07 00

Fax

Email

Website https://e-clubhouse.org/sites/seychelles/
Pg. 380 Africa Business Directory - Ed. 2022

5.45. Republic of Sierra Leone

5.45.1. About
Sierra Leone, officially the Republic of Sierra Leone, informally Salone, is a
country on the southwest coast of West Africa. It is bordered by Liberia to the
southeast and Guinea surrounds the northern half of the nation. Sierra Leone
has a tropical climate with a diverse environment ranging from savanna to
rainforests, a total area of 71,740 km2 (27,699 sq. mi) and a population of 7
million as of the 2015 census. The capital and largest city is Freetown. The
country is divided into five administrative regions which are subdivided into
16 districts. Sierra Leone is a constitutional republic with a unicameral
parliament and a directly elected president serving a five-year term with a
maximum of two terms. The current president is Julius Maada Bio. Sierra
Leone is a secular nation with the constitution providing for the separation of
state and religion and freedom of conscience (which includes freedom of
thoughts and religion). Muslims make up about three-quarters of the
population, though with an influential Christian minority. Religious tolerance
in the West African nation is very high and is generally considered a norm and
part of Sierra Leone's cultural identity.

SIERRA LEONE

Capital[01] Freetown

Western Africa, bordering the North

Location[01]
Atlantic Ocean

Area[01] 71,740 sq km

Border Countries[01] Guinea, Liberia

Diamonds, titanium ore, bauxite, iron

Natural Resources[02]
ore, gold, chromite
Tropical; hot, humid; summer rainy
Climate[01]
season, winter dry season

Population[03] 7,813,215 (2019 est.)

Pg. 381 Africa Business Directory - Ed. 2022

English (official), Mende, Temne and

Languages[01]
Krio
Temne, Mende, Limba, Kono, Kriole,
Ethnic Groups[01]
Mandingo, Loko

GDP Growth Rate[04] 3.7% (2018 est.)

GDP per Capita[04] $522.9 (2018 est.)

Agriculture: 60.7%, industry: 6.5%,

GDP Composition/Sector[03]
services: 38.8% (2017 est.)
Labour Agriculture: 61.1%; industry: 5.5%;
Force/Occupation[02] services 33.4% (2014 est.)

Unemployment Rate[05] N/A

Unemployment 15-24 5.2% (2004)

years[03]

GINI index[03] 34 (2011 est.)

Population Below Poverty[03] 52.9% (2011 est.)

HDI[03] 0.419 (2017 est.)

Inflation rate[03] 16.86% (2018 est.)

Export Commodities[01] Diamonds, rutile, cocoa, coffee, fish

Rice, coffee, cocoa, palm kernels,

Agriculture Products[01] peanuts, poultry, cattle, sheep, pigs,
fish, palm oil
Diamond mining, small-scale
manufacturing, beverages, textiles,
Industries[06] cigarettes, footwear, petroleum
refining, small commercial ship
repair

Public Debt[03] 62.99% of GDP (2018 est.)

Pg. 382 Africa Business Directory - Ed. 2022

Investment[04] 18.49% of GDP (2018 est.)

Trade Balance[06] -$457 million

5.45.2. Economic Overview

Sierra Leone is a tropical country on the coast of West Africa, bordered by the
Atlantic Ocean in the southwest, and by Liberia in the southeast and it is half
surrounded by Guinea in the north and northeast. Sierra Leone is an extremely
poor nation with tremendous inequality in income distribution. While it
possesses substantial mineral, agricultural, and fishery resources, its physical
and social infrastructure has yet to recover from the civil war, and serious
social disorders continue to hamper economic development. Sierra Leone
has a population of 7.9 million people, nearly half of the working-age
population engages in subsistence agriculture. As of 2020, Sierra Leone had a
GDP per capita of $509 USD. Manufacturing consists mainly of the processing
of raw materials and of light manufacturing for the domestic market. Alluvial
diamond mining remains the major source of hard currency earnings,
accounting for nearly half of Sierra Leone's exports. The fate of the economy
depends upon the maintenance of domestic peace and the continued
receipt of substantial aid from abroad, which is essential to offset the severe
trade imbalance and supplement government revenues. The IMF completed
a Poverty Reduction and Growth Facility program that helped stabilize
economic growth and reduce inflation and in 2010 approved a new program
worth $45 million over three years. Political stability has led to a revival of
economic activity such as the rehabilitation of bauxite and rutile mining,
which are set to benefit from planned tax incentives. The only challenge is the
contestation of the previous election results. This contestation has led to
protests and violence and is unlikely to attract foreign investors. On the
balance of things, the country continues to make progress. A number of
offshore oil discoveries were announced in 2017 and 2018. The development
of these reserves, which could be significant, is still several years away. Sierra
Leone is well on the growth part but will require investment in the basic
infrastructure that will allow it to extract it to fully extract its resources.
Pg. 383 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

2.2% $484

5.45.3. GDP Composition by Sectors

Main GDP Composition Elements

70% 61%
60%
50% 39%
40%
30%
20%
6%
10%
0%
Agriculture Industry Services

5.45.4. Trade
Export Commodities Industries Natural Resources

✓ Diamond Mining ✓ Diamonds

✓ Iron ore,
✓ Small-Scale ✓ Titanium Ore
✓ Diamonds,
Manufacturing ✓ Bauxite
✓ Rutile,
✓ Beverages ✓ Iron Ore
✓ Cocoa,
✓ Textiles ✓ Gold
✓ Coffee,
✓ Cigarettes ✓ Chromite
✓ Fish
✓ Footwear
Pg. 384 Africa Business Directory - Ed. 2022

✓ Petroleum
Refining
✓ Small
Commercial Ship
Repair

5.45.5. Export & Import

Key Exports

25,00%
20,80%
20,00%
16%

15,00%
10% 8,83%
10,00%

5,00%

0,00%
Belgium United States China Netherlands

Key Imports

12% 11%

10% 9% 9%
8%
7%
8%
6%
4%
2%
0%
China United Belgium United Arab India
States Emirates
Pg. 385 Africa Business Directory - Ed. 2022

5.45.6. Contacts
Investment Promotion Agency

SIERRA LEONE INVESTMENT & EXPORT PROMOTION AGENCY

Address O.A.U. Drive, Tower Hill, Freetown

Phone +232 25 332 863

Fax

info@sliepa.gov.sl
Email

Website https://sliepa.gov.sl/

Business Council & Associations

STROKE ASSOCIATION SIERRA LEONE

1 Black Hall road ibo town, Waterloo St, Freetown,

Address
Sierra Leone

Phone +23299818262

Fax

Email

https://stroke-association-sierra-
Website leone.business.site/?utm_source=gmb&utm_me
dium=referral

Sierra Leone Indigenous Business Association

Address

Phone +232 76 519119

Pg. 386 Africa Business Directory - Ed. 2022

Fax

Email

Website

AVINORD ALGERIE (SARL)

Address

Phone +232 76 519119

Fax

Email contact@beamexchange.org

Website

5.46. Somali Republic

5.46.1. About
Somalia, officially the Federal Republic of Somalia (Somali: Jamhuuriyadda
Federaalka Soomaaliya; Arabic: ‫)جمهورية الصومال الفيدرالية‬, is a country in the Horn of
Africa. The country is bordered by Ethiopia to the west, Djibouti to the
northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and
Kenya to the southwest. Somalia has the longest coastline on Africa's
mainland. Its terrain consists mainly of plateaus, plains, and highlands. Hot
conditions prevail year-round, with periodic monsoon winds and irregular
rainfall. Somalia has an estimated population of around 15 million, of which
over 2 million live in the capital and largest city Mogadishu, and has been
described as Africa's most culturally homogeneous country. Around 85% of its
residents are ethnic Somalis, who have historically inhabited the country's
north. Ethnic minorities are largely concentrated in the south. The official
languages of Somalia are Somali and Arabic. Most people in the country are
Muslims, the majority of them Sunni.
Pg. 387 Africa Business Directory - Ed. 2022

SOMALIA

Capital[01] Mogadishu

Eastern Africa, bordering the Gulf of

Location[01]
Aden and the Indian Ocean

Area[01] 637,657 sq km

Border Countries[01] Kenya, Djibouti, Ethiopia

Uranium and largely unexploited

reserves of iron ore, tin, gypsum,
Natural Resources[02]
bauxite, copper, salt, natural gas,
likely oil reserves
Principally desert; northeast
Climate[01] monsoon, moderate temperatures in
the north

Population[03] 15,564,520 (2019 est.)

Somali (official), Arabic (official),

Languages[01]
Italian,English
Somali 85%, Bantu and other non-
Ethnic Groups[01] Somali 15% (including +/-30,000
Arabs)

GDP Growth Rate[04] 2.9% (2018 est.)

GDP per Capita[04] $314.6 (2018 est.)

Agriculture: 60.2%, industry: 7.4%,

GDP Composition/Sector[03]
services: 32.5% (2013)
Labour Agriculture: 71%, industry, services
Force/Occupation[02] 29% (1975)

Unemployment Rate[05] N/A

Unemployment 15-24 N/A

years[03]
Pg. 388 Africa Business Directory - Ed. 2022

GINI index[03] 39.7 (2012 est.)

Population Below Poverty[03] 74%

HDI[03] 0.364 (2009 est.)

Inflation rate[03] 3.5% (2018 est.)

Livestock, bananas, hides, fish,

Export Commodities[01]
charcoal, scrap metal
Bananas, sorghum, corn, coconuts,
Agriculture Products[01] rice, sugarcane, mangoes, sesame
seeds, beans, livestock, fish
Light industry, sugar refining, textiles,
Industries[06]
telecommunications

Public Debt[03] 100% (2019 est.)

Investment[04] 15.5% of GDP (1990 est.)

Trade Balance[06] -$2.04 billion

5.46.2. Economic Overview

Somalia is a country that lies on the horn of the continent. The country of 15
million people borders Ethiopia to the west, Djibouti to the northwest, the Gulf
of Aden to the north, the Guardafui Channel and Somali Sea to the east, and
Kenya to the southwest. Despite the lack of effective national governance,
Somalia has maintained a healthy informal economy, largely based on
livestock, remittance/money transfer companies, and telecommunications.
The last collected economic statistics suggest that in 2018 GDP per capita was
$438 USD. In Somalia, agriculture is the most important sector with livestock
normally accounting for about 40% of GDP and more than 50% of export
earnings. Nomads and semi-pastoralists, who are dependent upon livestock
for their livelihood, make up a large portion of the population. Livestock, hides,
fish, charcoal, and bananas are Somalia's principal exports, while sugar,
sorghum, corn, fat, and machined goods are the principal imports. Somalia's
small industrial sector, based on the processing of agricultural products, has
Pg. 389 Africa Business Directory - Ed. 2022

largely been looted and the machinery sold as scrap metal. Somalia's service
sector has grown. Telecommunication firms provide wireless services in most
major cities and offer the lowest international call rates on the continent. In
the absence of a formal banking sector, money transfer/remittance services
have sprouted throughout the country, handling up to $1.6 billion in
remittances annually. Mogadishu's main market offers a variety of goods
from food to the newest electronic gadgets. Hotels continue to operate and
are supported by private-security militias. Somalia's arrears to the IMF have
continued to grow. Politically Somalia remains severely challenged by what
many dub as the Somalian crisis. The Somalian crisis is the result of prolonged
drought, violence and insecurity. Consecutive years of poor rains and
harvests have decimated crops across Somalia, South Sudan, Ethiopia, and
Kenya. Famine was last declared in Somalia six years ago, and more than
260,000 people died – more than half of them being children. In addition to
the draught, the Somalian civil war has also contributed to the flight of
millions of Somali as well as the formation of splinter cell groups such as Al
Shabaab.

GDP Growth Rate GDP per Capita

1.5% $309
Pg. 390 Africa Business Directory - Ed. 2022

5.46.3. GDP Composition by Sectors

Main GDP Composition Elements

60%
60%

50%

40% 32%

30%

20%
7%
10%

0%
Agriculture Industry Services

5.46.4. Trade
Export Commodities Industries Natural Resources

✓ Light Industry ✓ Uranium and

✓ Livestock,
✓ Sugar Refining Largely
✓ Bananas,
✓ Textiles Unexploited
✓ Hides,
✓ Telecommunications Reserves of Iron
✓ Fish,
Ore
✓ Charcoal,
✓ Tin
✓ Scrap metal
✓ Gypsum
✓ Bauxite
✓ Copper
✓ Salt
✓ Natural Gas
✓ Likely Oil
Reserves
Pg. 391 Africa Business Directory - Ed. 2022

5.46.5. Export & Import

Key Exports

35% 32%

30%
25%
19%
20% 16%
15%
10% 5%
3%
5%
0%
Saudi Arabia United Arab Nigeria Yemen
Oman Emirates

Key Imports

20% 18%
17%

15%
10% 10%
10%
5%
5%

0%
China India Ethiopia Oman Kenya

5.46.6. Contacts
Investment Promotion Agency
N/A

Business Council & Associations

somaliamericanbusiness

Address
Pg. 392 Africa Business Directory - Ed. 2022

Phone

Fax

Email info@somaliamericanbusiness.org

Website https://somaliamericanbusiness.org/

Somali Entrepreneurs Association

Address 10704-108 Street NW Edmonton. Alberta. T5H3A3

Phone 7807429430

Fax

Email absomaliba@gmail.com

Website

somaliamericanbusiness

Address

Phone

Fax

Email info@somaliamericanbusiness.org

Website https://somaliamericanbusiness.org/

Somali Entrepreneurs Association

Pg. 393 Africa Business Directory - Ed. 2022

Address 10704-108 Street NW Edmonton. Alberta. T5H3A3

Phone 7807429430

Fax

Email absomaliba@gmail.com

Website

5.47. Republic of South Africa

5.47.1. About
South Africa, officially the Republic of South Africa (RSA), is the southernmost
country in Africa. With over 60 million people, the country is the world's 23rd-
most populous nation and covers an area of 1,221,037 square kilometers
(471,445 square miles). South Africa has three capital cities, with the executive,
judicial and legislative branches of government based in Pretoria,
Bloemfontein and Cape Town respectively. The largest city is Johannesburg.
About 81% of the population are Black South Africans. The remaining
population consists of Africa's largest communities of European (White South
Africans), Asian (Indian South Africans and Chinese South Africans), and
Multiracial (Coloured South Africans) ancestry.

SOUTH AFRICA

Capital[01] Khartoum

North Eastern Africa, bordering the

Location[01]
Red Sea

Area[01] 1,861,484 sq km

Chad, Egypt, Eritrea, Ethiopia, Libya,

Border Countries[01]
South Sudan
Pg. 394 Africa Business Directory - Ed. 2022

Petroleum; small reserves of iron ore,

copper, chromium ore, zinc,
Natural Resources[02]
tungsten, mica, silver, gold;
hydropower
Hot and dry; arid desert; rainy
Climate[01]
season varies by region

Population[03] 42,813,238 (2019 est.)

Arabic (official), English

Languages[01]
(official),Nubian, Ta Bedawie, Fur
Sudanese Arab (approximately
Ethnic Groups[01]
70%), Fur, Beja, Nuba, Fallata

GDP Growth Rate[04] -11.2% (2016 est.)

GDP per Capita[04] $0,284 (2016 est.)

GDP Composition/Sector[03] $0,284 (2016 est.)

Labour Agriculture: 80%, industry: 7%, ser-

Force/Occupation[02] vices: 13% (1998 est.)

Unemployment Rate[05] 2.9% (2018 est.)

Unemployment 15-24 26.71% (2018 est.)

years[03]

GINI index[03] 35.4 (2009 est.)

Population Below Poverty[03] 46.5% (2009 est.)

HDI[03] 0.502 (2017 est.)

Inflation rate[03] 31.5% (2012 est.)

Gold, oil and petroleum products;

Export Commodities[01] cotton, sesame, livestock,
groundnuts, gum arabic, sugar
Pg. 395 Africa Business Directory - Ed. 2022

Cotton, groundnuts (peanuts),

sorghum, millet, wheat, gum arabic,
sugarcane, cassava (tapioca),
Agriculture Products[01]
mangoes, papaya, bananas, sweet
potatoes, sesame, sheep and other
livestock
Oil, cotton ginning, textiles, cement,
edible oils, sugar, soap distilling,
Industries[06] shoes, petroleum refining,
pharmaceuticals, armaments,
automobile/ light truck assembly

Public Debt[03] 89.3% of GDP (2012 est.)

Investment[04] 26% of GDP (2012 est.)

Trade Balance[06] $-3.58 billion

5.47.2. Economic Overview

South Africa is a Southern African country that is a member of the SADC block
of countries. The second-largest economy in Africa is a country of 59.3 million
people. South Africa is a middle-income, emerging market with an abundant
supply of natural resources; well-developed financial, legal, communications,
energy, and transport sectors; a stock exchange that is the 18th largest in the
world; and modern infrastructure supporting a relatively efficient distribution
of goods to major urban centers throughout the region. Growth of the South
African economy was robust from 2004 to 2007 as South Africa reaped the
benefits of macroeconomic stability and a global commodities boom but
began to slow down in the second half of 2007 due to an electricity crisis and
the subsequent global financial crisis' impact on commodity prices and
demand. GDP fell by nearly 2% in 2009 but recovered in 2010-11. As of 2020,
South Africa’s GDP per capita of $5091 USD, representing 0.59% of the world
economy. Unemployment remains high and as of 2019 it sits at 29%; outdated
infrastructure has constrained growth. State power supplier Eskom
encountered problems with aging plants and meeting electricity demand
necessitating ‘load-shedding’ cuts that have been a challenge, with an
estimated R2 billion Rand lost a day to load shedding. Daunting economic
Pg. 396 Africa Business Directory - Ed. 2022

problems remain from the apartheid era - especially with regards to the
economic disparities that exist within the previously disadvantaged groups of
South Africa. Poverty, lack of economic empowerment among the
disadvantaged groups, and a shortage of public transportation. South
Africa's economic policy is fiscally conservative focusing on controlling
inflation and attaining a budget surplus. The current government largely
follows these prudent policies but must contend with the impact of the global
crisis and is facing growing pressure from special interest groups to use
state-owned enterprises to deliver basic services to low-income areas and
to increase job growth. South Africa has a fairly stable democracy and has
strong institutions that safeguard its democracy. What has become a
deterrent to the country’s continued growth is rampant corruption, which the
current administration hopes to tackle. The current administration is making
social and economic reforms to reposition South Africa as a regional
economic hub.

GDP Growth Rate GDP per Capita

1% $5,091
Pg. 397 Africa Business Directory - Ed. 2022

5.47.3. GDP Composition by Sectors

Main GDP Composition Elements

68%
70%
60%
50%
40% 30%
30%
20%
3%
10%
0%
Agriculture Industry Services

5.47.4. Trade
Export Commodities Industries Natural Resources

✓ Mining ✓ Gold
✓ Gold,
✓ World’s Largest ✓ Chromium
✓ Diamonds,
Producer of ✓ Antimony
✓ Platinum,
Platinum; ✓ Coal
✓ Other metals and
✓ Gold; ✓ Iron Ore
minerals,
✓ Chromium ✓ Manganese
✓ Machinery and
✓ Metalwork ✓ Nickel
equipment
✓ Iron And Steel ✓ Phosphates
✓ Machinery ✓ Tin
✓ Textiles ✓ Rare Earth
✓ Fertilizer Elements
✓ Foodstuffs ✓ Uranium
✓ Commercial Ship ✓ Gem Diamonds
Repair ✓ Platinum
Automobile ✓ Copper
Assembly ✓ Vanadium
✓ Chemicals ✓ Salt
✓ Natural Gas
Pg. 398 Africa Business Directory - Ed. 2022

5.47.5. Export & Import

Key Exports

10%
10%
8%
8% 7%

5% 5%
6%

4%

2%

0%
China United Germany Japan India
States

Key Imports

20% 18%

15% 12%

10% 7%
5% 5%
5%

0%
China Germany United Saudi Arabia India
States

5.47.6. Contacts
Investment Promotion Agency

TRADE INSDUSTRY AND COMPETITION SOUTH AFRICA

Address Norton Rose House 8 Riebeeck Street

Phone 13 Floor Cape Town 8001

Fax 021 480 8050

Pg. 399 Africa Business Directory - Ed. 2022

Email 021 422 5104

Website CGumede@thedtic.gov.za

Business Council & Associations

TRADE INSDUSTRY AND COMPETITION SOUTH AFRICA

Address South African Business Council UAE

Phone

Fax

Email

Website admin@sabco-uae.org

South African Business Council (SABCO)

Address South African Business Council UAE

Phone

Fax

Email

Website admin@sabco-uae.org

TRADE INSDUSTRY AND COMPETITION SOUTH AFRICA

Address

Phone
Pg. 400 Africa Business Directory - Ed. 2022

Fax

Email membership@uschamber.com

Website uschamber.com

Consumer Goods Council of South Africa (CGCSA)

Address 164 Katherine Street,

Phone Pinmill Farm Block D,

Fax Sandton, 2146

Email 011 777 3300

Website 086 677 3072

SACLAP

2nd Floor, Block A, Corobay Corner, 169 Corobay

Address Ave, Waterkloof Glen, Pretoria, Gauteng 0181, South
Africa

Phone

Fax

Email registrar@saclap.org.za

Website https://www.saclap.org.za/

Public Health Association of South Africa (PHASA)

Pg. 401 Africa Business Directory - Ed. 2022

Address

Phone

Fax

Email secretariat@phasa.org.za

Website https://phasa.org.za/

5.48. Republic of South Sudan

5.48.1. About
South Sudan, officially known as the Republic of South Sudan, is a landlocked
country in Central Africa. It is bordered by Ethiopia, Sudan, Central African
Republic, Democratic Republic of the Congo, Uganda and Kenya. Its
population was estimated as 12,7 million in 2019. Juba is the capital and
largest city. The nation is sometimes informally referred to as the Nilotic
Republic (as the supposed place of origin of the Nilotic peoples).

SOUTH SUDAN

Juba
Capital[01]

East-Central Africa, south of Sudan

Location[01]

644,329 sq km
Area[01]

Central African Republic, Democratic

Border Countries[01]
Republic of Congo, Ethiopia, Kenya
hydropower, fertile agricultural land,
gold, diamonds, petroleum, hard-
Natural Resources[02] woods, limestone, iron ore, copper,
chromium ore, zinc, tungsten, mica,
silver
Pg. 402 Africa Business Directory - Ed. 2022

Hot with seasonal rainfall influenced by

Climate[01] the annual shift of the Inter-Tropical
Convergence Zon
11,193,729 (2020 est.)
Population[03]

English (official), Arabic(official), Dinka,

Languages[01]
Nuer, Bari, Zande, Shilluk
Dinka, Kakwa, Bari, Azande, Shilluk, Kuku,
Ethnic Groups[01]
Murle, Mandari
-10.8% (2019 est.)
GDP Growth Rate[04]

$1119 (2016 est.)

GDP per Capita[04]

Agriculture: 2.8%, industry: 29.7%,

GDP Composition/Sector[03]
services: 67.5% (2017)
Labour Agriculture: 2.8%, industry: 29.7%,
Force/Occupation[02] services: 67.5% (2017)
12.7% (2018 est.)
Unemployment Rate[05]

Unemployment 15-24 19.55% (2018 est.)

years[03]
46.3% (2009 est.)
GINI index[03]

82.3% (2016 est.)

Population Below Poverty[03]

N/A
HDI[03]

187.85% (2017 est.)

Inflation rate[03]

Crude petroleum, animal hides, insect

Export Commodities[01]
resins, lab reagents, sawn wood
Sorghum, maize, rice, millet,
Agriculture Products[01]
environment
Petroleum, natural gas, light industries,
Industries[06] mining, electrical, petrochemical, food
processing
35.81% of GDP (2020 est.)
Public Debt[03]
Pg. 403 Africa Business Directory - Ed. 2022

16% of GDP (2016 est.)

Investment[04]

$697 million
Trade Balance[06]

5.48.2. Economic Overview

South Sudan is a country located in North Central Africa. The country borders
Ethiopia, Sudan, the Democratic Republic of Congo, Central African Republic,
Uganda, and Kenya. Industry and infrastructure in landlocked South Sudan
are severely underdeveloped and poverty is widespread, following several
decades of civil war with the north. South Sudan has a population of 11,1 million
people. The country remains a poor country because of the internal strife that
resulted in its formation. Subsistence agriculture provides a living for the vast
majority of the population. Property rights are tentative and price signals are
missing because markets are not well organized. South Sudan has little hard
infrastructure. Electricity is produced mostly by costly diesel generators and
running water is scarce in areas further from the Nile river. The government
spends large sums of money to maintain a large army; delays in paying
salaries have resulted in riots by unruly soldiers. Ethnic conflicts have resulted
in a large number of civilian deaths and displacement. South Sudan depends
largely on imports of goods, services, and capital from the north. Despite
these disadvantages, South Sudan does have abundant natural resources.
South Sudan produces nearly three-fourths of former Sudan's total oil output
of nearly 178 000 barrels per day, by 2021 the aim is to produce 350 000 barrels
per day. The government of South Sudan derives nearly 98% of its budget
revenues from oil. The economy of South Sudan undoubtedly will remain
linked to Sudan for some time, given the long lead time and great expense
required to build another pipeline. South Sudan holds one of the richest
agricultural areas in Africa in the White Nile valley, which has fertile soils and
abundant water supplies. Currently, the region supports 10-20 million head of
cattle. South Sudan also contains large wildlife herds, which could be
exploited in the future to attract eco-tourists. The White Nile has sufficient flow
to generate large quantities of hydroelectricity. South Sudan does not have
large external debt or structural trade deficits. South Sudan has received
more than $4 billion in foreign aid since 2005, largely from the UK, US, Norway,
and the Netherlands, but Khartoum has imposed blockades on goods and
capital going to South Sudan. The World Bank plans to support investment in
infrastructure, agriculture, and power generation. Following independence,
Pg. 404 Africa Business Directory - Ed. 2022

South Sudan's central bank issued a new currency, the South Sudanese
Pound, allowing a short grace period for turning in the old currency. Long term
problems include alleviating poverty, maintaining macroeconomic stability,
improving tax collection and financial management, focusing resources on
speeding growth, and improving the business environment. In terms of
politics and governance, the country requires stability at this level. The South
Sudanese civil war that has been ongoing from 2013 is a deterrent to
development in the country and more than 4 million people have been
displaced.

GDP Growth Rate GDP per Capita

-10.8% $1,119

5.48.3. GDP Composition by Sectors

Main GDP Composition Elements

54%
60%

50%

40%
29%
30%
17%
20%

10%

0%
Agriculture Industry Services
Pg. 405 Africa Business Directory - Ed. 2022

5.48.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Hydropower
✓ Crude petroleum,
✓ Natural Gas ✓ Fertile
✓ Animal hides,
✓ Light Industries Agricultural Land
✓ Insect resins,
✓ Mining ✓ Gold
✓ Lab reagents,
✓ Electrical ✓ Diamonds
✓ Sawn wood
✓ Petrochemical ✓ Petroleum
✓ Food Processing ✓ Hard-Woods
✓ Limestone
✓ Iron Ore
✓ Copper
✓ Chromium Ore
✓ Zinc
✓ Tungsten
✓ Micas
✓ Silver

5.48.5. Export & Import

Key Exports

150%

100%

50%

0%
N/A
Pg. 406 Africa Business Directory - Ed. 2022

Key Imports

150,00%

100,00%

50,00%

0,00%
N/A

5.48.6. Contacts
Investment Promotion Agency
N/A

Business Councils & Associations

N/A

5.49. Republic of The Sudan

5.49.1. About
Sudan, officially the Republic of the Sudan (Arabic: ‫جمهورية السودان‬, romanized:
Jumhūriyyat as-Sūdān), is a country in Northeast Africa. It shares borders with
the Central African Republic to the southwest, Chad to the west, Egypt to the
north, Eritrea to the northeast, Ethiopia to the southeast, Libya to the
northwest, South Sudan to the south and the Red Sea. It has a population of
45,7 million people as of 2022 and occupies 1,886,068 square kilometres
(728,215 square miles), making it Africa's third-largest country by area, and
the third-largest by area in the Arab League. It was the largest country by area
in Africa and the Arab League until the secession of South Sudan in 2011, since
which both titles have been held by Algeria. Its capital is Khartoum and its
most populated city is Omdurman (part of the metropolitan area of
Khartoum).
Pg. 407 Africa Business Directory - Ed. 2022

SUDAN

Capital[01] Khartoum

North Eastern Africa, bordering the

Location[01]
Red Sea

Area[01] 1,861,484 sq km

Chad, Egypt, Eritrea, Ethiopia, Libya,

Border Countries[01]
South Sudan
Petroleum; small reserves of iron ore,
copper, chromium ore, zinc,
Natural Resources[02]
tungsten, mica, silver, gold;
hydropower
Hot and dry; arid desert; rainy
Climate[01]
season varies by region

Population[03] 42,813,238 (2019 est.)

Arabic (official), English

Languages[01]
(official),Nubian, Ta Bedawie, Fur
Sudanese Arab (approximately
Ethnic Groups[01]
70%), Fur, Beja, Nuba, Fallata

GDP Growth Rate[04] -11.2% (2016 est.)

GDP per Capita[04] $0,284 (2016 est.)

GDP Composition/Sector[03] $0,284 (2016 est.)

Labour Agriculture: 80%, industry: 7%, ser-

Force/Occupation[02] vices: 13% (1998 est.)

Unemployment Rate[05] 2.9% (2018 est.)

Unemployment 15-24 26.71% (2018 est.)

years[03]

GINI index[03] 35.4 (2009 est.)

Pg. 408 Africa Business Directory - Ed. 2022

Population Below Poverty[03] 46.5% (2009 est.)

HDI[03] 0.502 (2017 est.)

Inflation rate[03] 31.5% (2012 est.)

Gold, oil and petroleum products;

Export Commodities[01] cotton, sesame, livestock,
groundnuts, gum arabic, sugar
Cotton, groundnuts (peanuts),
sorghum, millet, wheat, gum arabic,
sugarcane, cassava (tapioca),
Agriculture Products[01]
mangoes, papaya, bananas, sweet
potatoes, sesame, sheep and other
livestock
Oil, cotton ginning, textiles, cement,
edible oils, sugar, soap distilling,
Industries[06] shoes, petroleum refining,
pharmaceuticals, armaments,
automobile/ light truck assembly

Public Debt[03] 89.3% of GDP (2012 est.)

Investment[04] 26% of GDP (2012 est.)

Trade Balance[06] $-3.58 billion

5.49.2. Economic Overview

Sudan is an extremely poor country that was once one of the largest countries
in Africa. In 2011, the country of 45,7 million people split as the people of South
Sudan voted for independence. The country that has an abundant supply of
oil has had to deal with social conflict and civil war. The July 2011 secession of
South Sudan - the region of the country that had been responsible for about
three-fourths of former Sudan's total oil production has seen the country take
an economic hit. The oil sector had driven much of Sudan's GDP growth since
it began exporting oil in 1999. As of 2020, the GDP per capita of Sudan stood
at $486 USD. For nearly a decade, the economy boomed on the back of
Pg. 409 Africa Business Directory - Ed. 2022

increases in oil production, high oil prices, and significant inflows of foreign
direct investment. Following South Sudan’s secession, Sudan has struggled to
maintain economic stability, because oil earnings now provide a far lower
share of the country’s need for hard currency and for budget revenues. Sudan
is attempting to generate new sources of revenues, such as from gold mining
while carrying out an austerity program to reduce expenditures. Services and
utilities have played an increasingly important role in the economy.
Agricultural production continues to employ 80% of the workforce and
contributes a third of GDP. Sudan introduced a new currency, still called the
Sudanese pound, following South Sudan's secession, but the value of the
currency has fallen since its introduction and shortages of foreign exchange
continue. Sudan also faces rising inflation, which has led to a number of small
scale protests in Khartoum in recent months. Ongoing conflicts in Southern
Kordofan, Darfur, and the Blue Nile state, lack of basic infrastructure in large
areas, and reliance by much of the population on subsistence agriculture
ensure that much of the population will remain at or below the poverty line
for years to come. Politically, in 2019 the military deposed its president on the
grounds of corruption and human rights valuation. The military set up a
Transitional Council that would take Sudan through a two-year transition to
civilian rule, but opposition groups demanded a quicker transfer, and the
African Union and Ethiopia negotiated a power-sharing deal that put a joint
civilian-military government in place in September 2019.

GDP Growth Rate GDP per Capita

1.6% $595
Pg. 410 Africa Business Directory - Ed. 2022

5.49.3. GDP Composition by Sectors

Main GDP Composition Elements

58%
60%

50% 40%
40%

30%

20%

10% 3%

0%
Agriculture Industry Services

5.49.4. Trade
Export Commodities Industries Natural Resources

✓ Oil ✓ Petroleum;
✓ Gold
✓ Cotton Ginning ✓ Small Reserves of
✓ Oil and
✓ Textiles Iron Ore
petroleum
✓ Cement ✓ Copper
products
✓ Edible Oils ✓ Chromium Ore
✓ Cotton, sesame
✓ Sugar ✓ Zinc
✓ Livestock
✓ Soap Distilling ✓ Tungsten
✓ Groundnuts
✓ Shoes ✓ Mica
✓ Gum arabic
✓ Petroleum ✓ Silver
✓ Sugar
Refining ✓ Gold;
✓ Pharmaceuticals ✓ Hydropower
✓ Armaments
✓ Automobile/
Light Truck
Assembly
Pg. 411 Africa Business Directory - Ed. 2022

5.49.5. Export & Import

Key Exports

31,60%
35,00%
30,00%
25,00% 19%
20,00%
15,00%
10,00% 6,30%

5,00%
0,00%
UAE China India

Key Imports

29,30%
30,00%

25,00%

20,00%

15,00% 12%

10,00% 7,51%
4,14%
5,00%

0,00%
China India Saudia Arabia Russia

5.49.6. Contacts
Investment Promotion Agency

Ministry of Investment

Address Khartoum – west Hilton

Phone 717198

787192 & 787199

Fax
Pg. 412 Africa Business Directory - Ed. 2022

Email investment@sudanmail.net

Website http://www.sudaninvest.org/

Business Council & Associations

US‐Sudan Business Council (USSBC)

Address

Phone

Fax

Email info@ussbc.org

Website ussbc.org

Sudanese Businessmen and Employers Federation

Address Sudanese Businessmen and Employers Federation

Phone Soudan - Khartoum - Jardin international

Fax 83431278

Email

Website
Pg. 413 Africa Business Directory - Ed. 2022

5.50. United Republic of Tanzania

5.50.1. About
Tanzania, officially the United Republic of Tanzania (Swahili: Jamhuri ya
Muungano wa Tanzania), is a country in East Africa within the African Great
Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro
Islands and the Indian Ocean to the east; Mozambique and Malawi to the
south; Zambia to the southwest; and Rwanda, Burundi, and the Democratic
Republic of the Congo to the west. Mount Kilimanjaro, Africa's highest
mountain, is in northeastern Tanzania.

TANZANIA

Capital[01] Dar es Salam

Eastern Africa, bordering the Indian

Location[01] Ocean, between Kenya and
Mozambique

Area[01] 947,300 sq km

Burundi, Rwanda, Uganda, Zambia,

Border Countries[01]
Malawi, Kenya, Mozambique
Hydropower, tin, phosphates, iron
Natural Resources[02] ore, coal, diamonds, gemstones,
gold, natural gas, nickel
Varies from tropical along coast to
Climate[01]
temperate in highlands

Population[03] 59,734,213 (2020 est.)

Kiswahili or Swahili (official),

Languages[01]
Kiunguja, English (official
African 99%, other 1% (consisting of
Ethnic Groups[01]
Asian, European, and Arab)

GDP Growth Rate[04] 2% (2020 est.)

GDP per Capita[04] 1.07% (2020 est.)

Pg. 414 Africa Business Directory - Ed. 2022

Agriculture: 26.74%, industry: 28.6%,

GDP Composition/Sector[03]
services: 36.25% (2020 est.)
Labour Agriculture: 23.4%, industry: 28.6%,
Force/Occupation[02] services: 47.6% (2017 est.)

Unemployment Rate[05] 2.16% (2020 est.)

Unemployment 15-24 3.43% (2019 est.)

years[03]

GINI index[03] 40.5 (2018 est.)

Population Below Poverty[03] 28.2% (2011 est.)

HDI[03] 0.4 (2020)

Inflation rate[03] 3.29% (2020 est.)

Gold, coffee, cashew nuts,

Export Commodities[01]
manufactures, cotton
Coffee, sisal, tea, cotton, pyrethrum
(insecticide made from
chrysanthemums), cashew nuts,
Agriculture Products[01]
tobacco, cloves, corn, wheat,
cassava (tapioca), bananas, fruits,
vegetables; cattle, sheep, goats
Petroleum, natural gas, light
Industries[06] industries, mining, electrical,
petrochemical, food processing

Public Debt[03] 39.15% of GDP (2020 est.)

Investment[04] 41.02% of GDP (2020 est.)

Trade Balance[06] -$1.83 billion

Pg. 415 Africa Business Directory - Ed. 2022

5.50.2. Economic Overview

Tanzania is a country in the North-Eastern part of the SADC block of countries.
The country of 59.7 million people is one of the world's poorest economies in
terms of per capita income, however, Tanzania averaged 4.8% GDP growth
per year between independence and 2018 on strong gold production and
tourism. The country currently has a GDP of $57.44 billion USD. Tanzania’s
economy mainly depends on the services sector which accounts for the bulk
of its GDP. Tanzania depends heavily on agriculture for most of its economic
activity. Agriculture accounts for about a quarter of GDP and provides 85% of
exports, and employs about 80% of the workforce. The World Bank, the IMF,
and bilateral donors have provided funds to rehabilitate Tanzania's aging
economic infrastructure, including rail and port infrastructure that are
important trade links for inland countries. An example is the Tanzania
Standard Gauge Railway that will link the country to regional neighbours,
Rwanda, Uganda and through these two, Burundi and the DRC. Recent
banking reforms have helped increase private-sector growth and
investment, and the government has increased spending on agriculture to 7%
of its budget. Continued donor assistance and solid macroeconomic policies
supported a positive growth rate, despite the world recession. Post the Global
Financial Crisis Dar es Salaam used fiscal stimulus and loosened monetary
policy to ease the impact of the global recession. GDP growth in recent years
has been steady in the period 2017-2018 has averaged a respectable 6.85%
per year due to high gold prices and increased production. Politically,
Tanzania has been spared the political strife that faces most African states,
this, however, has not translated into economic freedom for its people. Going
forward the country will have to work on making inclusive economic reforms,
controlling poaching as well as work on protecting the rights of media.

GDP Growth Rate GDP per Capita

2% $1,076
Pg. 416 Africa Business Directory - Ed. 2022

5.50.3. GDP Composition by Sectors

Main GDP Composition Elements

48%
50%

40%
29%
30% 23%

20%

10%

0%
Agriculture Industry Services

5.50.4. Trade
Export Commodities Industries Natural Resources

✓ Petroleum ✓ Hydropower
✓ Gold,
✓ Natural Gas ✓ Tin
✓ Coffee,
✓ Light Industries ✓ Phosphates
✓ Cashew nuts,
✓ Mining ✓ Iron Ore
✓ Manufactures,
✓ Electrical ✓ Coal
✓ Cotton
✓ Petrochemical ✓ Diamonds
✓ Food Processing ✓ Gemstones
✓ Gold
✓ Natural Gas
✓ Nickel
Pg. 417 Africa Business Directory - Ed. 2022

5.50.5. Export & Import

Key Exports

25% 22%

20% 18%

15%
9% 7%
10% 5% 5%
5%
0%

Key Imports

20% 17%
16%
15%

9% 8%
10%
6% 6%

5%

0%
India China UAE Saudi South Japan
Arabia Africa

5.50.6. Contacts
Investment Promotion Agency

TANZANIA INVESTMENT CENTRE

The United Republic of Tanzania Tanzania

Investment Centre Head Office Tanzania
Address
Investment Centre P.O. Box 938 Shaaban Robert
Street
Pg. 418 Africa Business Directory - Ed. 2022

Phone +255734989470

Fax 317-317-3137

Email info@tic.go.tz

Website

Business Council & Associations

Tanzania National Business Council (TNBC)

Address Mtaa wa Jamhuri 14 S.L.P 3478 Dar es salaam

Phone +255 22 2122984/6

Fax +255 22 212 9433

Email tnbc@tnbc.go.tz

Website https://www.tnbc.go.tz/

confederation of tanzania industries

9th Floor, NIC Investment House Dar es Salaam

Address
Tanzania

Phone +255222114954

Fax

Email membership@cti.co.tz

Website https://cti.co.tz/
Pg. 419 Africa Business Directory - Ed. 2022

Tanzania Air Operators Association - TAOA

Address Dar es Salaam, Tanzania.

Phone +255 754 334 072

Fax +255 713 320 812

Email info@taoa.co.tz

Website www.taoa-tanzania.com

Tanzania Private Sector Foundation

Address

Phone Mwaya Road, Dar es Salaam,

Fax

Email +255 22 2601913

Website

Tanzania Chamber of Commerce, Industry and Agriculture

Tanzania Chamber of Commerce, Industry &

Address Agriculture PPF HOUSE, Morogoro road/Samora
Avenue

Phone +255 222 119 437

Fax

Email hq@tccia.com
Pg. 420 Africa Business Directory - Ed. 2022

Website tccia.com

5.51. Togolese Republic

5.51.1. About
Togo, officially the Togolese Republic (French: République togolaise), is a
country in West Africa. It is bordered by Ghana to the west, Benin to the east
and Burkina Faso to the north. The country extends south to the Gulf of Guinea,
where its capital and largest city Lomé is located. Togo covers 57,000 square
kilometers (22,008 square miles), making it one of the smallest countries in
Africa, with a population of approximately 8 million, as well as one of the
narrowest countries in the world with a width of less than 115 km (71 mi)
between Ghana and its eastern neighbor Benin, which is also quite narrow,
except for its northern parts.

TOGO

Capital[01] Lome

Western Africa, bordering the Bight

Location[01]
of Benin, between Ghana and Benin

Area[01] 56,785 sq km

Border Countries[01] Benin, Burkina Faso, Ghana

Phosphates, limestone, marble,

Natural Resources[02]
arable land
Tropical; hot, humid in south;
Climate[01]
semiarid in north

Population[03] 8,278,737 (2020 est.)

Languages[01] French (official), Ewe and Mina

Pg. 421 Africa Business Directory - Ed. 2022

African 99%, European and Syrian-

Ethnic Groups[01]
Lebanese less than 1%

GDP Growth Rate[04] 1.8% (2020 est.)

GDP per Capita[04] $915 (2020 est.)

Agriculture: 28.1%, industry: 21.6%,

GDP Composition/Sector[03]
services 50.3% (2017 est.)
Agriculture: 65%, industry: 5%,
Labour Force/Occupation[02]
services: 30% (2015 est)

Unemployment Rate[05] 1.67% (2018 est.)

Unemployment 15-24 2.53% ( 2019 est.)

years[03]

GINI index[03] 42.4

Population Below Poverty[03] 28.2% (2011 est.)

HDI[03] 0.4%

Inflation rate[03] 0.93% (2018 est.)

Reexports, cotton, phosphates,

Export Commodities[01]
coffee, cocoa
Coffee, cocoa, cotton, yams,
Agriculture Products[01] cassava (manioc), corn, beans, rice,
millet, sorghum, livestock, fish
Phosphate mining, agricultural
Industries[06] processing, cement, handicrafts,
textiles, beverages

Public Debt[03] 60.28% of GDP (2021 est.)

Investment[04] 23.61% of GDP (2020 est.)

Trade Balance[06] $-0.70 billion

Pg. 422 Africa Business Directory - Ed. 2022

5.51.2. Economic Overview

Togo is a West African country on the Gulf of Guinea. The country shares
borders with Ghana, Benin and Burkina Faso. This small, sub-Saharan country
also forms part of the ECOWAS block of countries. Togo’s economy suffers
from slow economic growth and depends heavily on both commercial and
subsistence agriculture, which provides employment for a significant share
of the labor force. Some basic foodstuffs must still be imported. Cocoa, coffee,
and cotton generate about 40% of export earnings with cotton being the most
important cash crop. As of 2018, the country had a GDP per capita of $915 USD.
Togo is amongst the world's largest producers of phosphate and Togo seeks
to develop its carbonate phosphate reserves. The government's decade-long
effort, supported by the World Bank and the IMF, to implement economic
reform measures, encourage foreign investment, and bring revenues in line
with expenditures has moved slowly. Progress depends on follow through on
privatization, increased openness in government financial operations,
progress toward legislative elections, and continued support from foreign
donors. Foreign direct investment inflows have slowed over recent years. Togo
completed its IMF Extended Credit Facility in 2011 and reached a HIPC debt
relief completion point in 2010 at which 95% of the country's debt was forgiven.
Togo continues to work with the IMF on structural reforms. In order for Togo to
fulfill its potential, it will have to work on strengthening its electoral institutions
as previous elections have been disputed. The country will also have to work
on anti-poaching initiatives as well as growing its phosphate value addition
initiatives. Politically Togo is fairly stable but it will need to lull or control the
political violence that happens during elections.

GDP Growth Rate GDP per Capita

1.8% $914
Pg. 423 Africa Business Directory - Ed. 2022

5.51.3. GDP Composition by Sectors

Main GDP Composition Elements

50%
50%

40%
28%
30% 22%

20%

10%

0%
Agriculture Industry Services

5.51.4. Trade
Export Commodities Industries Natural Resources

✓ Phosphate ✓ Phosphates
✓ Reexports
Mining ✓ Limestone
✓ Cotton
✓ Agricultural ✓ Marble
✓ Phosphates
Processing ✓ Arable Land
✓ Coffee
✓ Cement
✓ Cocoa
✓ Handicrafts
✓ Textiles
✓ Beverages
Pg. 424 Africa Business Directory - Ed. 2022

5.51.5. Export & Import

Key Exports

20% 17%
15%
15%

9%
10% 7% 7%
5%
5%

0%
Burkina Niger India Mali Ghana
Benin Faso

Key Imports

30% 27%

25%

20%

15%
9%
10%
4% 4%
5%

0%
China France Netherlands Japan

5.51.6. Contacts
Investment Promotion Agency

TOGO INVEST

Address Lomé Avenue Duisburg 43.QAD

Phone +228 22 23 12 80

Fax
Pg. 425 Africa Business Directory - Ed. 2022

Email info@togoinvestcorp.com

Website https://togoinvest.tg/en/

Business Council & Associations

AGET (ASSOCIATION DES GRANDES ENTREPRISES DU TOGO)

Bd. du 13 janvier, Imm. UAT 812, 3ème Etage

Address
Kodjoviakopé - 01 BP 2407 Lomé – Togo

Phone (+228) 22 21 95 85

Fax (+228) 22 42 81 41

Email contact@aget-togo.org/

Website http://aget-togo.org/

ANAIT (ASSOCIATION NATIONALE DES AGENTS IMMOBILIERS DU TOGO)

Rue 219, derrière le CFBT, non loin de la Phcie

Address
Yembla Tokoin Tamé - BP 30247 Lomé - Togo

Phone (+228) 97 23 00 00

Fax (+228) 22 61 00 54

Email association.anait@yahoo.fr

Rue 219, derrière le CFBT, non loin de la Phcie

Website
Yembla Tokoin Tamé - BP 30247 Lomé - Togo

APIM (ASSOCIATION PROFESSIONNELLE DES INSTITUTIONS DE

MICROFINANCE DU TOGO)
Pg. 426 Africa Business Directory - Ed. 2022

Lomégan, derrière pharmacie Matilda, 08 BP 80753

Address
Lomé - Togo

Phone (+228) 22 25 50 75

Fax

Email apim_togo@yahoo.fr

Lomégan, derrière pharmacie Matilda, 08 BP 80753

Website
Lomé - Togo

CIFAT (CONSEIL INTERPROFESSIONNEL DE LA FILIERE ANACARDE DU TOGO)

Address Route du Stade, à 200 m après le Stade

Phone BP 258

Fax Sokodé – Togo

Email (+228) 93 27 42 42

Website

RESEAU DES JOURNALISTES ET COMMUNICATEURS SPECIALISES EN

EDUCATIONS
Rue 127, en face de la Phcie Djidjolé, Msn N° 192,
Address Aflao Gakli, Imm. Ong la Colombe Djidjolé - 03 BP
30690 Lomé 03 Lomé – Togo

Phone (+228) 22 33 64 38

Fax

Email

Website
Pg. 427 Africa Business Directory - Ed. 2022

CTOP (COORDINATION TOGOLAISE DES ORGANISATIONS PAYSANNES ET DE

PRODUCTEURS AGRICOLES)
Rue Kaolo, près de la Résidence du Bénin Tokoin
Address
Tamé - BP 4863 Lomé – Togo

Phone (+228) 22 35 90 18

Fax

Email info@apbef-togo.org/

Website https://apbef-togo.org/

5.52. Tunisian Republic

5.52.1. About
Tunisia, officially the Republic of Tunisia, is the northernmost country in Africa.
It is a part of the Maghreb region of North Africa, and is bordered by Algeria to
the west and southwest, Libya to the southeast, and the Mediterranean Sea
to the north and east; covering 163,610 km2 (63,170 sq. mi), with a population
of 11,7 million. It contains the eastern end of the Atlas Mountains and the
northern reaches of the Sahara desert, with much of its remaining territory
arable land. Its 1,300 km (810 mi) of coastline include the African conjunction
of the western and eastern parts of the Mediterranean Basin. Tunisia is home
to Africa's northernmost point, Cape Angela; and its capital and largest city is
Tunis, located on its northeastern coast, which lends the country its name.

TUNISIA

Capital[01] Tunis

Northern Africa, bordering the

Location[01]
Mediterranean Sea
Pg. 428 Africa Business Directory - Ed. 2022

Area[01] 163,610 sq km

Border Countries[01] 163,610 sq km

Petroleum, phosphates, iron ore, lead,

Natural Resources[02]
zinc, salt
Temperate in north:mild, rainy winters
Climate[01]
and hot, dry summers; desert in south

Population[03] 11,818,618 (2020 est.)

Arabic (official), French (commerce),

Languages[01]
Berber
Arabic (official), French (commerce),
Ethnic Groups[01]
Berber

GDP Growth Rate[04] 9.2% (2020 est.)

GDP per Capita[04] $3521 (2020 est.)

Agriculture:10.5%, industry: 21.69%,

GDP Composition/Sector[03]
services: 61% (2017 est.)
Labour Agriculture: 14.8%, agriculture: services:
Force/Occupation[02] 51.7% (2014 est.)

Unemployment Rate[05] 16.69% (2020 est.)

Unemployment 15-24
42.5% (2020 est.)
years[03]

GINI index[03] 32.8 (2015 est.)

Population Below Poverty[03] 15.2% (2015 est.)

HDI[03] 0.5 (2020 est.)

Inflation rate[03] 7.2% (2020 est.)

Clothing, semi-finished goods and

Export Commodities[01] textiles, agricultural products,
mechanical goods, phosphates and
Pg. 429 Africa Business Directory - Ed. 2022

chemicals, hydrocarbons, electrical

equipment
Olives, olive oil, grain, tomatoes, citrus
Agriculture Products[01] fruit, sugar beets, dates, almonds; beef,
dairy products
Textiles, machinery and equipment,
Industries[06]
hydrocarbons, chemicals, foodstuffs

Public Debt[03] 81.5% of GDP (2019 est.)

Investment[04] 10.8% of GDP (2020 est.)

Trade Balance[06] -$4.18 billion

5.52.2. Economic Overview

Tunisia has a diverse, market-oriented economy, with important agricultural,
mining, tourism, and manufacturing sectors but faces an array of challenges.
Following an ill-fated experiment with socialist economic policies in the 1960s,
Tunisia successfully focused on bolstering exports, foreign investment, and
tourism. Main exports now include textiles and apparel, food products,
petroleum products, chemicals, and phosphates, with about 80% going to the
European Union. Tunisia achieved four decades of 4-5% annual GDP growth.
As the presidency wore on, cronyism and corruption under former regime
stymied economic performance and unemployment rose among the
university's graduates. The coup that occurred during the Arab Spring sent
the Tunisian economy into a tailspin. The country's newly elected government
faces immediate challenges stabilizing the economy. It must reassure
businesses and investors, to bring budget and current account deficits under
control, shore up the country's financial system, bring down high
unemployment, and reduce economic disparities between the more
developed coastal region and impoverished interior.
Pg. 430 Africa Business Directory - Ed. 2022

GDP Growth Rate GDP per Capita

2% $3,447

5.52.3. GDP Composition by Sectors

Main GDP Composition Elements

55%
60%

50%
35%
40%

30%

20% 11%
10%

0%
Agriculture Industry Services

5.52.4. Trade
Export Commodities Industries Natural Resources

✓ Textiles ✓ Petroleum
✓ Textiles,
✓ Machinery and ✓ Phosphates
✓ Machinery and
equipment ✓ Iron ore
equipment,
✓ Hydrocarbons ✓ Lead
✓ Hydrocarbons,
✓ Chemicals ✓ Zinc
✓ Chemicals,
✓ Foodstuffs ✓ Salt
✓ Foodstuffs
Pg. 431 Africa Business Directory - Ed. 2022

5.52.5. Export & Import

Key Exports

32%
35%
30%
25%
17%
20%
12%
15%
10%
5%
0%
France Italy Germany

Key Imports

16%
16% 15%

14%
12%
9%
10% 8%
8%
5% 5%
6%
4%
2%
0%
Italy France China Germany Turkey Algeria

5.52.6. Contacts
Investment Promotion Agency

Tunisia investment authority

Address

Phone +216 70 248 148

Fax
Pg. 432 Africa Business Directory - Ed. 2022

Email contact@tia.gov.tn

Website https://www.tia.gov.tn/

Business Council & Associations

Association Tunisia Plus

Address

Phone +216 98 336 615

Fax +216 28 007 911

Email contact.tunisiaplus@gmail.com

Website http://tunisiaplus.org/

A.P.T.B.E.F

Address Tunisie

Phone (216) 70 147 320

Fax

Email info@apbt.org.tn

Website http://apbt.org.tn

Association des Femmes Tunisiennes pour la Recherche et le

Développement, AFTURD

Address
Pg. 433 Africa Business Directory - Ed. 2022

Phone +216 71870580

Fax

Email afturd@planet.tn

Website http://www.afturd-tunisie.org/%20

Association des Économistes Tunisiens

Address

Phone

Fax

Email contact.tunisiaplus@gmail.com

Website http://tunisiaplus.org/

Association Tunisia Plus

Address

Phone +216070830641

Fax

Email contact@asectu.org

Website http://asectu.org/
Pg. 434 Africa Business Directory - Ed. 2022

Centre des Jeunes Dirigeants d’Entreprise, CJD

Address Tunis, Tunisie

Phone

Fax

Email cjd@cjd.net

Website https://www.cjd.net/

Cercle des Economistes Tunisiens

Address Tunis, Tunisie

Phone

Fax

Email Contact@cercle-economistes-tunisie.org

Website https://cercle-economistes-tunisie.org

FTH - Fédération Tunisienne de l'Hôtellerie

Address 17 rue du Docteur Calmette, Tunis, TUNISIE

Phone +216 71 84 72 00

Fax

Email info@fth.com.tn

Website http://fth.com.tn
Pg. 435 Africa Business Directory - Ed. 2022

Association Tunisia Plus

Address

Phone

Fax

Email contact.tunisiaplus@gmail.com

Website http://tunisiaplus.org/

Ordre des Experts Comptables de Tunisie, OECT

Address

Phone (+216) 71 84 84 85

Fax +216 71 84 92 92

Email oect@planet.tn

Website https://www.oect.org.tn/

5.53. Republic of Uganda

5.53.1. About
Uganda ("Yuganda" in Ugandan Languages) officially the Republic of Uganda
(Swahili: Jamhuri ya Uganda), is a landlocked country in East Africa. The
country is bordered to the east by Kenya, to the north by South Sudan, to the
west by the Democratic Republic of the Congo, to the south-west by Rwanda,
and to the south by Tanzania. The southern part of the country includes a
Pg. 436 Africa Business Directory - Ed. 2022

substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda
is in the African Great Lakes region. Uganda also lies within the Nile basin and
has a varied but generally a modified equatorial climate. It has a population
of over 42 million, of which 8.5 million live in the capital and largest city of
Kampala.

UGANDA

Capital[01] Kampala

Location[01] East-Central Africa, west of Kenya

Area[01] 241,038 sq km

South Sudan, Tanzania, Kenya,

Border Countries[01] Rwanda, Democratic Republic of
Congo
Copper, cobalt, hydropower, lime-
Natural Resources[02]
stone, salt, arable land, gold
Tropical; generally rainy with two dry
Climate[01]
seasons, semiarid in northeast

Population[03] 45,741,000 (2020 est)

Languages[01] English (official), Ganda or Luganda

Baganda, Banyakole, Basoga,

Ethnic Groups[01]
Bakiga, Iteso, Langi, Bagisu, Lugbara

GDP Growth Rate[04] 3% (2020 est.)

GDP per Capita[04] $822 (2020 est.)

Agriculture: 23.93%, industry: 26.49,

GDP Composition/Sector[03]
services 42.84% (2020 est.)
Labour Agriculture:71.9%, industry:4.4%,
Force/Occupation[02] services: 23.7% (2013 est.)

Unemployment Rate[05] 1.74% (2018 est.)

Pg. 437 Africa Business Directory - Ed. 2022

Unemployment 15-24 2.73% (2019 est)

years[03]

GINI index[03] 42.8 (2016 est.)

Population Below Poverty[03] 21.4% (2016 est.)

HDI[03] 0.56 (2019 est.)

Inflation rate[03] 2.62% (2018 est.)

Coffee, fish and fish products, tea,

Export Commodities[01] cotton, flowers, horticultural
products, gold
Cassava (tapioca), sugar, rice, corn,
Agriculture Products[01] peanuts, vegetables, coffee, cocoa,
forest products
Coffee, tea, cotton, tobacco,
(tapioca), potatoes, corn, millet,
Industries[06]
pulses, cut flowers, beef, goat meat,
milk, poultry, cassava

Public Debt[03] 41.37% of GDP (2018 est.)

Investment[04] 24.6% of GDP (2018 est.)

Trade Balance[06] -$3.3 billion

5.53.2. Economic Overview

Uganda is a country located in East-Central Africa. The country forms part of
the ECA block of countries and is a vital regional player having intervened in
the South Sudan Civilian Crisis. The country has substantial natural resources,
including fertile soils, regular rainfall, deposits of copper, gold, and other
minerals, It also has recently discovered oil. The country of over 45.7 million
people has agriculture as the most important sector of the economy, as it
employs over 80% of the workforce. Coffee accounts for the bulk of export
revenues. Since 1986, the government - with the support of foreign countries
and international agencies - has acted to rehabilitate and stabilize the
Pg. 438 Africa Business Directory - Ed. 2022

economy by undertaking currency reform, raising producer prices on export

crops, increasing prices of petroleum products, and improving civil service
wages. The policy changes are especially aimed at dampening inflation and
boosting production and export earnings. Since 1990 economic reforms
ushered in an era of solid economic growth based on continued investment
in infrastructure, improved incentives for production and exports, lower
inflation, better domestic security, and the return of exiled Indian-Ugandan
entrepreneurs. Uganda has received about $2 billion in multilateral and
bilateral debt relief. In the early part of the century, Uganda received $10
million for a Millennium Challenge Account Threshold Program. The global
economic downturn has hurt Uganda's exports; however, Uganda’s GDP
growth is still relatively strong due to past reforms and sound management
of the downturn. Oil revenues and taxes will become a larger source of
government funding as oil comes online in the next few years. Uganda is a
leader in the liberalization of media in Africa-with more than 200 radio
channels. Instability in southern Sudan is a risk for the Ugandan economy
because Uganda’s main export partner is Sudan, and Uganda is a key
destination for Sudanese refugees. The country has been fairly politically
stable since 1986 but for it to progress, it will have to deal with ensuring the
universal recognition of human rights. The emerging country will also have to
continue investing in its hard infrastructure, while increasingly looking for
ways to exploit opportunities that exist in its vast natural resource- Lake
Victoria.

GDP Growth Rate GDP per Capita

2.9% $817
Pg. 439 Africa Business Directory - Ed. 2022

5.53.3. GDP Composition by Sectors

Main GDP Composition Elements

60% 52%

50%

40%
24% 23%
30%

20%

10%

0%
Agriculture Industry Services

5.53.4. Trade
Export Commodities Industries Natural Resources

✓ Coffee ✓ Copper
✓ Coffee,
✓ Tea ✓ Cobalt
✓ Fish and fish
✓ Cotton ✓ Hydropower
products,
✓ Tobacco ✓ Lime- stone
✓ Tea,
✓ Potatoes ✓ Salt
✓ Cotton,
✓ Corn ✓ Arable land
✓ Flowers,
✓ Millet ✓ Gold
✓ Horticultural
✓ Pulses
products,
✓ Cut flowers
✓ Gold
✓ Beef
✓ Goat meat
✓ Milk
✓ Poultry
✓ Cassava
Pg. 440 Africa Business Directory - Ed. 2022

5.53.5. Export & Import

Key Exports

20% 18%
17%

15%

10% 7%
5% 5%
5%

0%
Kenya United Arab Democratic Rwanda Italy
Emirates Republic of
the Congo

Key Imports

20% 17%

15% 13% 12%

8%
10% 6% 6%

5%

0%
China India United Kenya Japan Saudi
Arab Arabia
Emirates

5.53.6. Contacts
Investment Promotion Agency
Uganda Investment Authority (UIA)

Address Centre Plot 28 Kampala Road

Phone +256 206 300968

Fax
Pg. 441 Africa Business Directory - Ed. 2022

Email info@ugandainvest.go.ug

Website https://www.ugandainvest.go.ug/

Business Council & Associations

Uganda Global Business Association (UGBA)

Address Box 1818 Muyenga- Kampala / Uganda

Phone +256 773 355972

Fax

Email info@ugba.org

Website ugba.orgl

Uganda Media Women

226 Kisaasi., Uganda, Kampala

Address

(+256)414 543996
Phone

Fax

umwa@umwamamafm.co.ug
Email

https://www.umwamamafm.co.ug/
Website

Buganda Business Council

Pg. 442 Africa Business Directory - Ed. 2022

Address Kampala, Ouganda

Phone +256 794 632211

Fax

Email bugandabusiness@gmail.com

Website Kampala, Ouganda

Uganda National Chamber of Commerce and Industry

Address Plot 1A Kira Rd, Kampala, Ouganda

Phone +256 753503035

Fax

Email info@chamberuganda.go.ug

Website https://www.chamberuganda.go.ug/

Uganda Small Scale Industries Association (USSIA)

Address 8JH6+F2C, UMA Show Ground,, Kampala, Ouganda

Phone +256 774 130454

Fax

Email info@ussia.or.ug

Website http://www.fmpagri.com/
Pg. 443 Africa Business Directory - Ed. 2022

Uganda Turkiye Business Association

Address 2050 Zzimwe Rd, Kampala, Ouganda

Phone +256 772 684815

Fax

Email

Website

Uganda Bankers’ Association

244 2702 Nyangweso Road, Off Kironde Rd, Kampala,

Address
Ouganda

Phone +256 312 343 400

Fax

Email secretariat@ugandabankers.org

Website https://ugandabankers.org/

5.54. Republic of Zambia

5.54.1. About
Zambia, officially the Republic of Zambia is a landlocked country at the
crossroads of Central, Southern and East Africa, although it is typically
referred to as being in South-Central Africa. Its neighbours are the
Democratic Republic of the Congo to the north, Tanzania to the north-east,
Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana
to the south, Namibia to the southwest, and Angola to the west. The capital
city of Zambia is Lusaka, located in the south-central part of Zambia. The
Pg. 444 Africa Business Directory - Ed. 2022

population is concentrated mainly around Lusaka in the south and the

Copperbelt Province to the north, the core economic hubs of the country.

ZAMBIA

Capital[01] Lusaka

Location[01] Southern Africa, east of Angola

Area[01] 752,618 sq km

Angola, Mozambique, Malawi,

Border Countries[01]
Namibia, Zimbabwe
Copper, cobalt, zinc, lead, coal,
Natural Resources[02] emeralds, gold, silver, uranium,
hydropower
Tropical; modified by altitude; rainy
Climate[01]
season (October to April)

Population[03] 17,999,421 (2019 est.)

English(official) and 11 Bantu

Languages[01]
languages(official)
Bemba, Tonga, Chewa, Lozi, Nsenga,
Ethnic Groups[01]
and Europeans, Americans, Asians

GDP Growth Rate[04] 3.8% (2018 est.)

GDP per Capita[04] $1,539.9 (2018 est.)

Agriculture:5.4%, industry:35.6%,
GDP Composition/Sector[03]
services: 59% (2017 est.)
Agriculture: 54.8%, industry:9.9%,
Labour Force/Occupation[02]
services: 35.3% (2017 est.)

Unemployment Rate[05] 7.21% (2018 est.)

Unemployment 15-24 years[03] 15.94% (2019 est.)

Pg. 445 Africa Business Directory - Ed. 2022

GINI index[03] 57.1 (2015 est.)

Population Below Poverty[03] 54.4% (2015 est.)

HDI[03] 0.588 (2017 est.)

Inflation rate[03] 7.49% (2018 est.)

Copper/cobalt, cobalt, cotton,

Export Commodities[01]
electricity, tobacco, flowers,
Sorghum, peanuts, sunflower seed,
vegetables, flowers, tobacco, cotton,
Agriculture Products[01] sugarcane, hides, cassava (tapioca),
coffee, cattle, goats, pigs, poultry,
milk, eggs, rice, corn
Copper mining and processing,
construction, foodstuffs, beverages,
Industries[06]
chemicals, textiles, fertilizer,
horticulture

Public Debt[03] 61.85% of GDP (2017 est.)

Investment[04] 38.21% of GDP (2018 est.)

Trade Balance[06] $1.21 billion

5.54.2. Economic Overview

Zambia is one of Africa’s water-rich countries. The country only uses 1.5% of its
104.8 billion m³ annual renewable freshwater resources. Zambia on average
is also one of Africa’s fastest-growing economies, and its capital Lusaka is the
fastest growing city in the SADC. The SADC country’s economy has
experienced strong growth in recent years, with real GDP growth between 2017
and 2018, growing by 0.4% from 3.4% to 3.8%. As of the end of 2020, the country
had a GDP per capita of $985 USD. The slight increase in growth reflects a
strong performance of services (in particular wholesale and retails, pensions,
and information and communication). Historically what has led to the country
experiencing GDP growth is the privatization of government-owned copper
Pg. 446 Africa Business Directory - Ed. 2022

mines. This relieved the government from covering mammoth losses

generated by the industry and greatly increased copper mining output and
profitability to spur economic growth. Zambia is Africa’s second-largest
copper producer and in 2018 produced hits 861,946 tonnes. Poverty remains
a significant problem in Zambia, despite a stronger economy. As of 2015, 58%
of Zambians earned less than the international poverty line amount of $1.90
per day. Zambia's dependency on copper makes it vulnerable to depressed
commodity prices. The country of 17,999,421 people has a high birth rate,
relatively high HIV/AIDS burden, and market-distorting agricultural policies
have meant that Zambia's economic growth has not dramatically decreased
the stubbornly high poverty rates. Politically Zambia is a fairly peaceful
country with strong governance institutions. For Zambia to continue on its
growth trajectory it will have to continue efforts to diversify its economy. The
government will also have to continue investing in hard infrastructure as it
has recently done with the Lusaka Ndola dual carriageway as well as the
Kazangula bridge that links Zambia to neighboring Botswana.

GDP Growth Rate GDP per Capita

3% $1,050
Pg. 447 Africa Business Directory - Ed. 2022

5.54.3. GDP Composition by Sectors

Main GDP Composition Elements

59%
60%

50%
36%
40%

30%

20%
5%
10%

0%
Agriculture Industry Services

5.54.4. Trade
Export Commodities Industries Natural Resources

✓ Copper Mining ✓ Copper

✓ Copper/cobalt
and Processing ✓ Cobalt
✓ Cobalt
✓ Construction ✓ Zinc
✓ Electricity
✓ Foodstuffs ✓ Lead
✓ Tobacco
✓ Beverages ✓ Coal
✓ Flowers
✓ Chemicals ✓ Emeralds
✓ Cotton
✓ Textiles ✓ Gold
✓ Fertilizer ✓ Silver
✓ Horticulture ✓ Uranium
✓ Hydropower
Pg. 448 Africa Business Directory - Ed. 2022

5.54.5. Export & Import

Key Exports

35,00% 31,60%

30,00%
25,00%
20,00%
14%
15,00%
8,60%
10,00% 6% 6%

5,00%
0,00%
Switzerland China DRC Singapore South Africa

Key Imports

30%
30%
25%
20% 15,90%
15%
10%
7%
10% 5%
5%
0%
South Africa DRC China UAE
Kuwait

5.54.6. Contacts
Investment Promotion Agency
Zambia Development Agency (ZDA)

Zambia Development Agency Privatization House,

Address Nasser Road P. O. Box 30819

Phone (+260) 211 222858

Pg. 449 Africa Business Directory - Ed. 2022

Fax

Email info@zda.org.zm

Website http://www.zda.org.zm

Business Council & Associations

Zambia Chamber of Commerce and Industry (ZACCI

Address Lusaka, Zambia

Phone +260 211 253372

Fax

Email contact@zambiachamber.org

Website http://www.zambiachamber.org/

Zambia Chamber of Small and Medium Business Associations

(ZCSMBA)

Address Lusaka, Zambia

Phone

Fax

Email contact@zambiachamber.org

Website Lusaka, Zambia

Zambia Association of Manufacturers (ZAM)

Pg. 450 Africa Business Directory - Ed. 2022

Address Plot number 6438 Mungwi Road,

Phone Heavy Industrial Area,

Fax Lusaka, Zambia

Email +260 211 253696

Website +260 211 253693

Zambia Customs & Freight Forwarding Agents Association

Address
Lusaka, Zambia

Phone
+260 211 253372

Fax

Email
info@azfreight.com/

Website
https://azfreight.com/

Chamber of Mines

Address H8H3+VQ5, Lusaka, Zambie

Phone +260 96 5879196

Fax

Email info(a)mines.org.zm

Website http://mines.org.zm/
Pg. 451 Africa Business Directory - Ed. 2022

5.55. Republic of Zimbabwe

5.55.1. About
Zimbabwe, officially the Republic of Zimbabwe, is a landlocked country
located in Southeast Africa, between the Zambezi and Limpopo Rivers,
bordered by South Africa to the south, Botswana to the south-west, Zambia
to the north, and Mozambique to the east. The capital and largest city is
Harare. The second largest city is Bulawayo. A country of roughly 15 million
people, Zimbabwe has 16 official languages, with English, Shona, and Ndebele
the most common. It was once known as the "Jewel of Africa" for its great
prosperity.

ZIMBABWE

Capital[01] Harare

Southern Africa, between South Africa

Location[01]
and Zambia

Area[01] 390,757 sq km

Botswana, Mozambique, South Africa,

Border Countries[01]
Zambia
Coal, chromium ore, asbestos, gold,
Natural Resources[02] nickel, copper, iron ore, vanadium,
lithium, tin, platinum group metals
Tropical; moderated by altitude; rainy
Climate[01]
season (November to March)

Population[03] 14,862,927 (2020 est.)

English (official), Shona, Sindebele,

Languages[01]
numerous minor tribal dialects
African 98%, mixed and Asian 1%, white
Ethnic Groups[01]
less than 1%

GDP Growth Rate[04] 6.2% (2018 est.)

GDP per Capita[04] 1214.5

Pg. 452 Africa Business Directory - Ed. 2022

Agriculture: 7.61%, industry: 35.82%,

GDP Composition/Sector[03]
services 49.9% (2020 est.)
Labour agriculture: 67.5% ; industry: 7.3% ;
Force/Occupation[02] services: 25.2% (2017 est.)

Unemployment Rate[05] 5.7% (2020 est.)

Unemployment 15-24
8.1 (2019 est.)
years[03]

GINI index[03] 50.3(2019 est.)

Population Below Poverty[03] 76% (2020 est.)

HDI[03] 0.571 (2019 est.)

Inflation rate[03] 577% (2020 est.)

Platinum, cotton, tobacco, gold,

Export Commodities[01]
ferroalloys, textiles/clothing
Corn, cotton, tobacco, wheat, coffee,
Agriculture Products[01]
sugarcane, peanuts; sheep, goats, pigs
Mining, coal, gold, platinum, copper,
nickel, tin, diamonds, clay, numerous
metallic and nonmetallic ores), steel,
Industries[06]
wood products, cement, chemicals,
fertilizer, clothing and footwear, food-
stuffs, beverages

Public Debt[03] 113%% of GDP (2019 est.)

Investment[04] 7.45% of GDP (2020 est.)

Trade Balance[06] $-785 million

5.55.2. Economic Overview

Zimbabwe is a Southern African country that borders Zambia, Mozambique,
Botswana and South Africa. The country of roughly 15 million has an economy
that is growing despite continuing political uncertainty. Once the
breadbasket of Africa, the SADC country is still seeking a way of re-integrating
Pg. 453 Africa Business Directory - Ed. 2022

itself with the international community after decades of isolation. Following a

decade of contraction, starting from the late 20th century, Zimbabwe's
economy had a GDP per capita of $1,214 USD. In spite of a return to some
measure of financial control, the government of Zimbabwe still faces a
number of difficult economic problems, including infrastructure and
regulatory deficiencies, ongoing indigenization pressure, currency
uncertainty, handling the fiscal deficit, policy uncertainty, and insufficient
formal employment. Zimbabwe's involvement in the war in the Democratic
Republic of the Congo drained hundreds of millions of dollars from the
economy. The government's subsequent land reform program, characterized
by chaos and violence, badly damaged the commercial farming sector, the
traditional source of exports and foreign exchange and the provider of jobs,
turning Zimbabwe into a net importer of food products. In a bid to counter the
budget deficit, the Reserve Bank of Zimbabwe routinely printed money and
this has caused hyperinflation. To solve the problem, the adoption of a multi-
currency basket of currencies such as the Botswana pula, the South Africa
rand, and the US dollar was done – this ended hyperinflation and restored
price stability but exposed structural weaknesses that continue to inhibit
broad-based growth. Politically, Zimbabwe continues to be hampered by
internal strife, if the country is to fulfill its potential it will have to work on
strengthening its democratic institutions and institutions of governance. In a
country where as of 2018 the unemployment rate was 4.9% and 95% of
economically active people were in the informal sector, the country will have
to work on re-establishing its manufacturing base as well as re-engaging its
population in the diaspora for investment.

GDP Growth Rate GDP per Capita

6% $1,128
Pg. 454 Africa Business Directory - Ed. 2022

5.55.3. GDP Composition by Sectors

Main GDP Composition Elements

70% 61%
60%
50%
40%
27%
30%
20% 12%

10%
0%
Agriculture Industry Services

5.55.4. Trade
Export Commodities Industries Natural Resources

✓ Mining ✓ Coal
✓ Platinum,
✓ Coal ✓ Chromium Ore
✓ Cotton,
✓ Gold ✓ Asbestos
✓ Tobacco,
✓ Platinum ✓ Gold
✓ Gold,
✓ Copper ✓ Nickel
✓ Ferroalloys,
✓ Nickel ✓ Copper
✓ Textiles/clothing
✓ Tin ✓ Iron Ore
✓ Diamonds ✓ Vanadium
✓ Clay ✓ Lithium
✓ Numerous ✓ Tin
Metallic and ✓ Platinum Group
Nonmetallic Metals
Ores)
✓ Steel
✓ Wood Products
✓ Cement
✓ Chemicals
✓ Fertilizer
✓ Clothing and
Footwear
Pg. 455 Africa Business Directory - Ed. 2022

✓ Food- Stuffs
✓ Beverages

5.55.5. Export & Import

Key Exports

50%
50%

40%

30% 23%

20%
10%
5%
10%

0%
South Africa Mozambique United Arab Zambia
Emirates

Key Imports

48%
50%

40%

30%

20% 10%

10%

0%
South Africa Zambia

5.55.6. Contacts
Investment Promotion Agency
ZIMBABWE INVESTMENT AUTHORITY (ZIA)

Address 109 Rotten Row, Harare, Zimbabwe

Pg. 456 Africa Business Directory - Ed. 2022

Phone +263 4 757931 - 6

Fax

Email info@zia.co.zw

Website https://www.investzim.com/

Business Councils & Associations

BCSD Zimbabwe

Address

Phone

Fax

Email bcsdzimbabwe@gmail.com

Website http://www.bcsdz.co.zw/

Zimbabwe Australia Business Council

Address

Phone

Fax

Email bcsdzimbabwe@gmail.com

Website http://www.zabczw.com/
Pg. 457 Africa Business Directory - Ed. 2022

Business Council for Sustainable Development Zimbabwe

BCSDZ/UNIDO

Address

Phone + 263 (0)4 251800

Fax

Email kacherem@chemplex.co.zw

Website http://www.bcsdz.co.zw/
Pg. 458 Africa Business Directory - Ed. 2022
Pg. 459 Africa Business Directory - Ed. 2022

CHAPTER 06: OVERVIEW OF MAIN

PARTNERSHIPS
6.1. Arab Region
The Afro-Arab Cooperation was first institutionalized through a Declaration
and Program of Action adopted by the historical First Africa-Arab Summit
held in Cairo, Egypt in March 1977. The Africa-Arab Partnership is the oldest
cooperation arrangement that Africa has entered into. Today the partnership
builds upon the significant historic, linguistic, cultural and religious ties
between Africa and the Arab community.

6.2. China
The Forum on China-Africa Cooperation is an official forum between the
People’s Republic of China and all states in Africa (with the exception of the
Kingdom of Eswatini). The forum is a platform to promote diplomatic, trade,
security and investment relations between China and African countries and
it provides the integrated framework governing China-African relations.

6.3. Europe Region

The Africa-EU Partnership is the formal channel through which the European
Union and the African continent work together. It is based on the Joint Africa-
EU Strategy adopted by Heads of State and Government at the second EU-
Africa Summit in 2007.

6.4. India
India and Africa have strong economic, cultural and historic ties. The Africa-
India Strategic Partnership was launched in New Delhi, India during the first
Africa-India Summit held in 2008. The seven cooperation areas of the
partnership include: Economic Cooperation; Political Cooperation; Science;
Technology; Research & Development; Social Development & Capacity
Building; Health, Culture & Sports; Infrastructure, Energy & Environment; and
Media & Communication. In recent years India has emerged as Africa’s fourth
Pg. 460 Africa Business Directory - Ed. 2022

largest trade partner behind China, EU and the USA while Africa has emerged
as India’s sixth largest trading partner behind EU, China, UAE, USA and the
ASEAN region.

6.5. Japan
The Africa Japan Partnership was established during the first Tokyo
International Conference on Africa’s Development (TICAD I), which was
convened on October 5-6, 1993 in Tokyo, Japan. TICAD, is organized by the
Government of Japan (Ministry of Foreign Affairs), the UN Office of the Special
Adviser for Africa, UNDP, the World Bank, and the African Union. TICAD has
been organized with the premise of promoting Africa’s development, peace
and security, through the strengthening of relations in multilateral
cooperation and partnership, particularly with Japan.

6.6. South America

The Africa-South America partnership is a new one for the continent but
supports south-south cooperation. Currently, the diplomatic forum is a bi-
annual and triennial forum promulgated by the 2006 Abuja Declaration.
Although not much has transpired out of this partnership, attempts are being
made to put in place the necessary mechanisms that would ensure it
functions effectively. An Africa-South America Strategic Agenda and an
Africa-South America Implementation Plan are the two key strategic road
maps that this partnership follows.

6.7. South Korea

Established during the first Korea-Africa Summit in 2006 in Seoul, Korea, the
Africa-South Korea Forum was established to improve cooperation between
the continent of Africa and the country of South Korea. The South Korea
Cooperation summits is convened every 3 years. South Korea’s system of
close government and business ties, including directed credit and import
restrictions, is a model of economic success that attracts many African
countries. Cooperation with the African continent is in the following areas:
Development Cooperation; Trade and Investment; Peace and Security
Cooperation; Agriculture and Rural Development; International Cooperation;
Pg. 461 Africa Business Directory - Ed. 2022

Health Services; Education and Vocational Training; Eradication and

Sustainable Development; Green Growth Initiative and Industrial
Development.

6.8. Turkey
The Africa-Turkey Partnership constitutes one of the prime orientations of
Turkish foreign policy. Being an Afro-Eurasian state, Turkey’s policy of opening
up to Africa is a reflection of a transient political and economic expectation.
It is, foremost, the expression and natural result of the firm feelings of
friendship and partnership between Turkish and African peoples. Turkey-
Africa relations have gained a substantial momentum since the declaration
of Turkey as a strategic partner of the Continent by the African Union in
January 2008.

6.9. United States

The United States’ partnership with the African Union is one that is based on
mutual interests and shared values. The US became the first non-African
country to establish a dedicated diplomatic mission to the African Union in
2006. The US launched an official High Level Dialogue with the AU in 2013, the
Africa-USA Partnership Framework, to advance a partnership that is driven by
four critical areas: peace and security; democracy and governance;
economic growth, trade, and investment; and opportunity and development.
Pg. 462 Africa Business Directory - Ed. 2022
Pg. 463 Africa Business Directory - Ed. 2022

CHAPTER 07: AFRICA’S TOP BUSINESS MEN

In spite of the worldwide coronavirus epidemic, the richest Africans are
wealthier than they have been in the last eight years. Collectively, the
continent's 18 billionaires are projected to be worth $84.9 billion, which is a 15
percent increase from twelve months earlier and the highest total since 2014,
when there were 28 African billionaires. Forbes discovered that this year's
average net worth is greater owing to the present decrease in list
membership. As demand for items ranging from cement to luxury goods
increased, these tycoons' profits were bolstered by soaring stock prices from
Nigeria to Zimbabwe.

We used the stock prices and currency exchange rates from January 19, 2022
to calculate the net worths. The list includes billionaires from seven African
nations. South Africa and Egypt have the most billionaires, each with five,
followed by Nigeria with three.

7.1. Aliko Dangote

Aliko DANGOTE
Pg. 464 Africa Business Directory - Ed. 2022

AGE 65

CITIZENSHIP Nigeria

SOURCE OF WEALTH Cement, Sugar, Self Made

NET WORTH $13.9B

FORTUNE EVOLUTION $14.9B

Fortune Evolution:

30

25
25

20
16,1 15,4
14,7 14,1 14
15
12,2 11,5
10,4
10 8,3

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Aliko Dangote, Africa's richest person, founded and chairs

Dangote Cement, the continent's largest cement producer.

He owns 85% of publicly-traded Dangote Cement through a

holding company.
Pg. 465 Africa Business Directory - Ed. 2022

Dangote Cement has the capacity to produce 48.6 million metric

tons annually and has operations in 10 countries across Africa.

After many years in development, Dangote's fertilizer plant in

Nigeria began operations in mid-2021.

Dangote Refinery has been under construction since 2016 and is

expected to be one of the world's largest oil refineries once
complete.

7.2. Johann Rupert & family

Johann RUPERT & family

AGE 71

CITIZENSHIP South Africa

Pg. 466 Africa Business Directory - Ed. 2022

SOURCE OF WEALTH Luxury goods

NET WORTH $11B

FORTUNE EVOLUTION $7.7B

Fortune Evolution:

10
8,9
9

8 7,6 7,4
7 7,1
7 6,6
6,1
6 5,3 5,5

5 4,6

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Johann Rupert is chairman of Swiss luxury goods firm

Compagnie Financiere Richemont.

The company is best known for the brands Cartier and

Montblanc.

It was formed in 1998 through a spinoff of assets owned by

Rembrandt Group Limited (now Remgro Limited), which his
father Anton formed in the 1940s.angote Cement has the
Pg. 467 Africa Business Directory - Ed. 2022

capacity to produce 48.6 million metric tons annually and has

operations in 10 countries across Africa.

He owns 7% of diversified investment firm Remgro, which he

chairs, as well as 25% of Reinet, an investment holding company
based in Luxembourg.

In recent years, Rupert has been a vocal opponent of plans to

allow fracking in the Karoo, a region of South Africa where he
owns land.

7.3. Nicky Oppenheimer & family

Nicky OPPENHEIMER & family

AGE 76

CITIZENSHIP South Africa

Pg. 468 Africa Business Directory - Ed. 2022

SOURCE OF WEALTH Diamonds

NET WORTH $8.7B

FORTUNE EVOLUTION $8.6B

Fortune Evolution:

50 46,5
45

40

35

30

25

20

15

10 7,7 8 8,7
6,7 6,7 6,6 7 7,3 7,4

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Nicky Oppenheimer, heir to the DeBeers diamond fortune, sold

his 40% of the firm to mining group Anglo American for $5.1
billion in cash in 2012.

He was the third generation of his family to run DeBeers, and took
the company private in 2001.

For 85 years until 2012, the Oppenheimer family occupied a

controlling spot in the world's diamond trade.
Pg. 469 Africa Business Directory - Ed. 2022

In 2014, Oppenheimer started Fireblade Aviation in

Johannesburg, which operates chartered flights.

He owns at least 720 square miles of conservation land across

South Africa, Botswana and Zimbabwe.

7.4. Nassef Sawiris

Nassef SAWIRIS

AGE 61

CITIZENSHIP Egypt

SOURCE OF WEALTH Construction, Investments

Pg. 470 Africa Business Directory - Ed. 2022

NET WORTH $7.8B

FORTUNE EVOLUTION $8.6B

Fortune Evolution:

9
8,3
8 7,7

7 6,5 6,7 6,6

6,3 6,4
6 5,6
5
5

4 3,7

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Nassef Sawiris is an investor and a scion of Egypt's wealthiest

family. His most valuable asset is a nearly 6% stake in
sportswear maker Adidas.

In December 2020, he acquired a 5% stake in New York-listed firm

Madison Square Garden Sports, owner of the NBA Knicks and the
NHL Rangers teams.

He runs OCI, one of the world's largest nitrogen fertilizer

producers, with plants in Texas and Iowa; it trades on the
Euronext Amsterdam exchange.
Pg. 471 Africa Business Directory - Ed. 2022

Orascom Construction, an engineering and building firm, trades

on the Cairo exchange and Nasdaq Dubai.

His holdings include stakes in cement giant Lafarge Holcim and

Adidas; he sits on the supervisory board of Adidas.

Nassef Sawiris teamed up with Fortress Investment Group's Wes

Edens to purchase the Premier League's Aston Villa Football Club.

7.5. Abdulsamad Rabiu

Abdulsamad RABIU

AGE 61

CITIZENSHIP Nigeria

SOURCE OF WEALTH Cement, Sugar

Pg. 472 Africa Business Directory - Ed. 2022

NET WORTH $7.8B

FORTUNE EVOLUTION $7B

Fortune Evolution:

8
6,9
7

6
4,9
5

4
2,9
3

2 1,6
1,2 1,1
1
1

0
2014 2015 2016 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Abdulsamad Rabiu is the founder of BUA Group, a Nigerian

conglomerate active in cement production, sugar refining and
real estate.

In early January 2020, Rabiu merged his privately-owned Obu

Cement company with listed firm Cement Co. of Northern
Nigeria, which he controlled.

The combined firm, called BUA Cement Plc, trades on the

Nigerian stock exchange; Rabiu owns 98.5% of it.
Pg. 473 Africa Business Directory - Ed. 2022

Rabiu, the son of a businessman, inherited land from his father.

He set up his own business in 1988 importing iron, steel and

chemicals.

7.6. Mike Adenuga

Mike ADENUGA
AGE 69

CITIZENSHIP Nigeria

SOURCE OF WEALTH Telecom, Oil, Self Made

NET WORTH $6.7B

FORTUNE EVOLUTION $6.8B

Pg. 474 Africa Business Directory - Ed. 2022

Fortune Evolution:

12

10
10 9,2

8 7,3

6,1
5,8 5,6
6 5,3
4,7 4,6
4,2
4

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Adenuga, Nigeria's second richest man, built his fortune in

telecom and oil production.

His mobile phone network, Globacom, is the third largest

operator in Nigeria, with 55 million subscribers.

His oil exploration outfit, Conoil Producing, operates 6 oil blocks in

the Niger Delta.

Adenuga got an MBA at Pace University in New York, supporting

himself as a student by working as a taxi driver.

He made his first million at age 26 selling lace and distributing

soft drinks.
Pg. 475 Africa Business Directory - Ed. 2022

7.7. Issad Rebrab & family

Issad REBRAB & family

AGE 78

CITIZENSHIP Algeria

SOURCE OF WEALTH Food, Self Made

NET WORTH $5.1B

FORTUNE EVOLUTION $5.1B

Fortune Evolution:
Pg. 476 Africa Business Directory - Ed. 2022

5,1
5 4,8

4,2
4
4 3,7
3,2 3,1 3,1 3,1
3

0
2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Issad Rebrab is the founder and CEO of Cevital, Algeria's

biggest privately-held company.

Cevital owns one of the largest sugar refineries in the world, with
the capacity to produce 2 million tons a year.

Cevital owns European companies, including French home

appliances maker Groupe Brandt, an Italian steel mill and a
German water purification company.

After serving 8 months in jail on charges of corruption, Rebrab

was released on January 1, 2020. He denies any wrongdoing.
Pg. 477 Africa Business Directory - Ed. 2022

7.8. Naguib Sawiris

Naguib SAWIRIS
AGE 67

CITIZENSHIP Egypt

SOURCE OF WEALTH Telecom

NET WORTH $3.4B

FORTUNE EVOLUTION $3.4B

Fortune Evolution:
Pg. 478 Africa Business Directory - Ed. 2022

4,5
3,9 4
4
3,4
3,5 3,2
3,1 3 3
2,8 2,9
3
2,5
2,5

1,5

0,5

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Naguib Sawiris is a scion of Egypt's wealthiest family. His

brother Nassef is also a billionaire.

He built a fortune in telecom, selling Orascom Telecom in 2011 to

Russian telecom firm VimpelCom (now Veon) in a multibillion-
dollar transaction.

He's chairman of Orascom TMT Investments, which has stakes in

an asset manager in Egypt and Italian internet company
Italiaonline, among others.

Through his Media Globe Holdings, Sawiris owns 88% of pan-

European pay TV and video news network Euronews.

He also developed a luxury resort called Silversands on the

Caribbean island of Grenada.
Pg. 479 Africa Business Directory - Ed. 2022

7.9. Patrice Motsepe

Patrice MOTSEPE
AGE 60

CITIZENSHIP South Africa

SOURCE OF WEALTH Mining, Self Made

NET WORTH $3.1B

FORTUNE EVOLUTION $3B

Fortune Evolution:
Pg. 480 Africa Business Directory - Ed. 2022

3,5 3,3

3 2,9 2,9
2,7

2,5 2,4 2,4

2,2

2 1,8

1,5 1,4
1,1
1

0,5

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Patrice Motsepe, the founder and chairman of African

Rainbow Minerals, became a billionaire in 2008 - the first
black African on the Forbes list.

In 2016, he launched a private equity firm, African Rainbow

Capital, focused on investing in Africa.

Motsepe also has a stake in Sanlam, a listed financial services

firm, and is the president and owner of the Mamelodi Sundowns
Football Club.

In March 2021, Motsepe was elected president of the

Confederation of African Football, the sport's governing body on
the continent.

In 1994, he became the first black partner at law firm Bowman

Gilfillan in Johannesburg, and then started a mining services
contracting business.
Pg. 481 Africa Business Directory - Ed. 2022

In 1997, he bought low-producing gold mine shafts and later

turned them profitable.

7.10. Koos Bekker

Koos BEKKER

AGE 69

CITIZENSHIP South Africa

SOURCE OF WEALTH Media, Investments, Self Made

NET WORTH $2.7B

FORTUNE EVOLUTION $2.1B

Pg. 482 Africa Business Directory - Ed. 2022

Fortune Evolution:

3,5
3
3
2,6
2,5 2,3 2,3 2,3
2,1
2
2

1,5 1,4
1,3

0,5

0
2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Koos Bekker is revered for transforming South African

newspaper publisher Naspers into an e-commerce investor
and cable TV powerhouse.

He led Naspers to pay a reported $34 million for a third of Chinese

Internet firm Tencent Holdings in 2001--perhaps the greatest
venture investment ever.

In 2019, Naspers put some assets into two publicly-traded

companies, entertainment firm MultiChoice Group and Prosus,
which contains the Tencent stake

Naspers sold a 2% stake in Tencent in 2018; in April 2021 Prosus

sold nearly $15 billion worth of Tencent, taking its stake to 29%.

Bekker, who retired as the CEO of Naspers in March 2014, returned

as chairman in April 2015.
Pg. 483 Africa Business Directory - Ed. 2022

7.11. Strive Masiyiwa

Strive MASIYIWA
AGE 61

CITIZENSHIP Zimbabwe

SOURCE OF WEALTH Telecom, Self Made

NET WORTH $2.7B

FORTUNE EVOLUTION $2.4B

Fortune Evolution:
Pg. 484 Africa Business Directory - Ed. 2022

3,5
3
3
2,5
2,5

2
1,5
1,5 1,4
1,1
1

0,5

0
2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Strive Masiyiwa overcame protracted government opposition

to launch mobile phone network Econet Wireless Zimbabwe in
his country of birth in 1998.

He owns just over 50% of the publicly-traded Econet Wireless

Zimbabwe, which is one part of his larger Econet Group.

Masiyiwa also owns just over half of private company Liquid

Telecom, which provides fiber optic and satellite services to
telecom firms across Africa.

His other assets include stakes in mobile phone networks in

Burundi and Lesotho, and investments in fintech and power
distribution firms in Africa.

He and his wife Tsitsi founded the Higherlife Foundation, which

supports orphaned and poor children in Zimbabwe, South Africa,
Burundi and Lesotho.
Pg. 485 Africa Business Directory - Ed. 2022

7.12. Mohamed Mansour

Mohamed MANSOUR
AGE 74

CITIZENSHIP Egypt

SOURCE OF WEALTH Diversified, Self Made

NET WORTH $2.5B

FORTUNE EVOLUTION $2.5B

Fortune Evolution:
Pg. 486 Africa Business Directory - Ed. 2022

4,5
4
4

3,5 3,3
3,1
3 2,7 2,7
2,5 2,5 2,5
2,5 2,2 2,3

1,5

0,5

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Mohamed Mansour oversees family conglomerate Mansour

Group, which was founded by his father Loutfy (D.1976) in 1952
and has 60,000 employees.

Mansour established General Motors dealerships in Egypt in

1975, later becoming one of GM's biggest distributors worldwide.

Mansour Group also has exclusive distribution rights for

Caterpillar equipment in Egypt and seven other African countries.

He served as Egypt's Minister of Transportation from 2006 to

2009 under the Hosni Mubarak regime.

His brothers Yasseen and Youssef, who share ownership in the

family group, are also billionaires; his son Loutfy heads private
equity arm Man Capital.
Pg. 487 Africa Business Directory - Ed. 2022

7.13. Aziz Akhannouch & family

Aziz AKHANNOUCH & family

AGE 61

CITIZENSHIP Morocco

SOURCE OF WEALTH Petroleum, Diversified

NET WORTH $2.2B

FORTUNE EVOLUTION $2B

Fortune Evolution:
Pg. 488 Africa Business Directory - Ed. 2022

2,5
2,2
2 2
2 1,9
1,7
1,5
1,5 1,4
1,3

1
1

0,5

0
2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Aziz Akhannouch is the majority owner of Akwa Group, a

multibillion-dollar conglomerate founded by his father and a
partner, Ahmed Wakrim, in 1932.

It has interests in petroleum, gas and chemicals through

publicly-traded Afriquia Gaz and Maghreb Oxygene.

Akhannouch was appointed prime minister of Morocco in Sept

2021.
Pg. 489 Africa Business Directory - Ed. 2022

7.14. Michiel Le Roux

Michiel LE ROUX
AGE 73

CITIZENSHIP South Africa

SOURCE OF WEALTH Banking, Self Made

NET WORTH $1.7B

FORTUNE EVOLUTION $1.7B

Fortune Evolution:
Pg. 490 Africa Business Directory - Ed. 2022

2
1,8
1,8

1,6

1,4
1,2
1,2 1,1

0,8

0,6

0,4

0,2

0
2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Michiel Le Roux of South Africa founded Capitec Bank in 2001

and owns about an 11% stake.

The bank, which trades on the Johannesburg Stock Exchange,

targets South Africa's emerging middle class.

He served as chairman of the board of Capitec from 2007 to 2016

and has continued on as a board member.

Le Roux previously ran Boland Bank, a small regional bank in

Cape Town's hinterland.
Pg. 491 Africa Business Directory - Ed. 2022

7.15. Othman Benjelloun & family

Othman BENJELLOUN & family

AGE 89

CITIZENSHIP Morocco

SOURCE OF WEALTH Banking, Insurance

NET WORTH $1.5B

FORTUNE EVOLUTION $1.3B

Fortune Evolution:
Pg. 492 Africa Business Directory - Ed. 2022

3,5
3,1
3 2,8

2,5 2,3 2,3

2 1,9 1,9
1,8
1,6
1,5 1,3 1,3

0,5

0
2012 2013 2014 2015 2016 2017 2018 2019 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Othman Benjelloun is CEO of BMCE Bank of Africa, which has a

presence in more than 20 African countries.

His father was a shareholder in RMA, a Moroccan insurance

company; Benjelloun built it into a leading insurer.

Through his holding company FinanceCom, he has a stake in the

Moroccan arm of French telecom firm Orange.

He inaugurated in 2014 a $500 million plan to build the 55-story

Mohammed VI Tower in Rabat. It will be one of the tallest
buildings in Africa.

FinanceCom is part of a project to develop a multibillion-dollar

tech city in Tangiers that is expected to host 200 Chinese
companies.
Pg. 493 Africa Business Directory - Ed. 2022

7.16. Mohammed Dewji

Mohammed DEWJI
AGE 47

CITIZENSHIP Tanzania

SOURCE OF WEALTH Diversified

NET WORTH $1.5B

FORTUNE EVOLUTION $1.5B

Fortune Evolution:
Pg. 494 Africa Business Directory - Ed. 2022

2 1,9

1,8
1,6 1,6
1,6 1,5 1,5
1,4
1,4 1,3

1,2 1,1

0,8

0,6

0,4

0,2

0
2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Mohammed Dewji is the CEO of METL, a Tanzanian

conglomerate founded by his father in the 1970s.

METL is active in textile manufacturing, flour milling, beverages

and edible oils in eastern, southern and central Africa.

METL operates in at least six African countries and has ambitions

to expand to several more.

Dewji, Tanzania's only billionaire, signed the Giving Pledge in 2016,

promising to donate at least half his fortune to philanthropic
causes.

Dewji was reportedly kidnapped at gunpoint in Dar es Salaam,

Tanzania in October 2018 and released after nine days.
Pg. 495 Africa Business Directory - Ed. 2022

7.17. Youssef Mansour

Youssef MANSOUR
AGE 77

CITIZENSHIP Egypt

SOURCE OF WEALTH Diversified, Self Made

NET WORTH $1.5B

FORTUNE EVOLUTION $1.5B

Fortune Evolution:
Pg. 496 Africa Business Directory - Ed. 2022

3,5

3 2,9

2,5 2,3
2
2 1,9
1,7
1,5 1,5
1,5 1,4
1,2
1,1
1

0,5

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Youssef Mansour is chairman of family-owned conglomerate

Mansour Group, which was founded by his father Loutfy
(d.1976) in 1952.

Mansour Group is the exclusive distributor of GM vehicles and

Caterpillar equipment in Egypt and several other countries.

He oversees the consumer goods division, which includes

supermarket chain Metro, and sole distribution rights for L'Oreal
in Egypt.

Younger brothers Mohamed and Yasseen are also billionaires

and part owners of Mansour Group.
Pg. 497 Africa Business Directory - Ed. 2022

7.18. Yasseen Mansour

Yasseen MANSOUR
AGE 60

CITIZENSHIP Egypt

SOURCE OF WEALTH Diversified, Self Made

NET WORTH $1.1B

FORTUNE EVOLUTION $1.1B

Fortune Evolution:
Pg. 498 Africa Business Directory - Ed. 2022

2,5
2,3
2,2
2
2 1,9
1,8 1,8

1,5
1,5 1,4

1,1 1,1
1

0,5

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Fortune in Billion of USD Two period moving average

Key Facts:

Yasseen Mansour is a shareholder in family-owned

conglomerate Mansour Group, which was founded by his
father Loutfy (d.1976) in 1952.

Mansour Group is the exclusive distributor of GM vehicles and

Caterpillar equipment in Egypt and several other countries.

His brothers Mohamed and Youssef are also billionaires and part
owners of Mansour Group.

He's chairman of Palm Hills Developments, one of Egypt's biggest

real estate developers.
Pg. 499 Africa Business Directory - Ed. 2022
Pg. 500 Africa Business Directory - Ed. 2022

CHAPTER 08: AFRICA’S TOP 500

BUSINESSES & CONTACTS
After the devastation wrought by the Covid-19 epidemic in 2020, the financial
year 2021 will surely be a moment of tremendous recovery for the vast
majority of African businesses. In 2021, the revenue of the Algerian company
Sonatrach (#1) increased by 70 percent, proving this point.

This unique ranking by The Africa Report[7] has a total turnover of $590bn, a
decrease of 4.8% over the previous year. In absolute terms, we must return to
2016 to get a lower figure, precisely $569bn. Egypt, Nigeria, and South Africa
all had currency challenges during the period. As for the 2012 peak of activity,
when the 500 businesses in the list generated a total of $757bn in revenue, it
will be several years before this is equaled, and much longer in a time of
international tensions caused by the Ukraine crisis.

This ranking's decline in activity demonstrates the effect of the Covid-19

outbreak in Africa. The continent performed better than other regions. As
shown by professional services company EY, the total turnover of the CAC40
firms in France decreased by 14.7% over the same time.

Almost every economy in Africa saw the consequences of the epidemic.

Population health has been mostly unaffected by the crisis, but preventative
and quarantine efforts have had a depressing effect on consumption and
investment, particularly in the first half of 2020.

Current Year Ranking 1

Previous Year Ranking 1
Diff 0
Company Sonatrach
Sector Petroleum
Country Algeria
Turnover 2020 30.012.6
Net Profits -381.8
Turnover Change -0,35
CEO's Last Name Hakkar
Pg. 501 Africa Business Directory - Ed. 2022

CEO's First Name Toufik

Designation President & Director General
Mailing Address -
Physical Address Djenane El Malik Hydra, Algiers
Phone 00213 54 80 11
Fax 00213 21 54 77 00
Email sonatrach@sonatrach.dz
Website www. sonatrach.dz

Current Year Ranking 2

Previous Year Ranking 3
Diff 1
Company Eskom
Sector Utilities
Country South Africa
Turnover 2020 13,941.2
Net Profits -1.291 9
Turnover Change -0,02
CEO's Last Name De Ruyter
CEO's First Name Andre Marinus
Designation Chief Executive Officer
Mailing Address Box 1091, Johannes- burg 2000
Megawatt Park,2 Maxwell Drive,
Physical Address
Sunninghill, Sandton 2196
Phone 0027 11 800 2101
Fax 0027 11 800 5684
Email contact@eskom.co.za
Website www.eskom.co.za

Current Year Ranking 3

Pg. 502 Africa Business Directory - Ed. 2022

Previous Year Ranking 2

Diff -1
Company Sasol
Sector Chemicals
Country South Africa
Turnover 2020 12,988.7
Net Profits -6,271,5
Turnover Change -0,1
CEO's Last Name Grobler
CEO's First Name Fleetwood
Designation Chief Executive Officer
Mailing Address Box 5486, Johannes- burg 2000
Physical Address 1 Sturdee Avenue, Rosebank 2196
Phone 0027 11 441 3359
Fax 0027 11 441 3229
Email Michelle.duToit@sasol.com
Website www.sasol.com

Current Year Ranking 4

Previous Year Ranking 5
Diff 1
Company MTN Group
Sector ICT
Country South Africa
Turnover 2020 12,237.8
Net Profits 1,340.5
Turnover Change 0,14
CEO's Last Name Mupita
CEO's First Name Ralph
Designation Group President & CEO
Pg. 503 Africa Business Directory - Ed. 2022

Mailing Address PBag 9955, Cresta 2118

Innovation Cntr,216, 14th Ave,
Physical Address
Fairlands
Phone 0027 11 912 3000
Fax 0027 11 912 4093
Email mtshal_b@mtn.com
Website www.mtn.com

Current Year Ranking 5

Previous Year Ranking 6
Diff 1
Company Shoprite Holdings
Sector Retail
Country South Africa
Turnover 2020 10,801.5
Net Profits 230.3
Turnover Change 0,03
CEO's Last Name Engelbrecht
CEO's First Name Pieter
Designation Chief Executive Officer
Mailing Address Box 215, Brackenfell 7561
Corner William Dabs & Old Paarl
Physical Address
Roads, Bracken- fell 7560
Phone 0027 21 980 4000
Fax 0027 21 980 4050
Email consumer@shoprite.co.za
Website www.shopriteholdings.co.za

Current Year Ranking 6

Previous Year Ranking -
Diff -
Pg. 504 Africa Business Directory - Ed. 2022

Company Nigerian National Petroleum Corp.

Sector Petroleum
Country Nigeria
Turnover 2020 9,706.4
Net Profits 1,876.9
Turnover Change -0,24
CEO's Last Name Kyari
CEO's First Name Mele Kolo
Designation Managing Director
Mailing Address -
NNPC Towers, Central Business
Physical Address District, Herbert Macaulay Way, P.M.B.
190, Garki, Abuja Nigeria
Phone +234 9 234 8237
Fax +234 9 413 0198
Email reception@nnpc-london.com
Website nnpcgroup.com

Current Year Ranking 7

Previous Year Ranking 4
Diff -3
Company Steinhoff International Holdings
Sector Wood
Country South Africa
Turnover 2020 9,703.8
Net Profits -2,906.6
Turnover Change 0,07
CEO's Last Name Du Preez
CEO's First Name Louis
Designation Chief Executive
Pg. 505 Africa Business Directory - Ed. 2022

Mailing Address Box 1955 Bramley 2018

28 Sixth Street, Wynberg, Sand- ton
Physical Address
2090
Phone 0027 11 445 3000
Fax 0027 11 445 3094
Email info@steinhoff.co.za
Website www.steinhoff.co.za

Current Year Ranking 8

Previous Year Ranking 10
Diff 2
Company Anglo American Platinum Corp.
Sector Mining
Country South Africa
Turnover 2020 9,402.4
Net Profits 2,074,4
Turnover Change 0,33
CEO's Last Name Viljoen
CEO's First Name Natascha
Designation Chief Executive Officer
Mailing Address Box 62179 Marshall- town 2107
55 Marshall Street, Johan- nesburg
Physical Address
2001
Phone 0027 11 373 6111
Fax 0027 11 373 5111
Email tranyane@angloplat.com
Website www.angloplat.com

Current Year Ranking 9

Previous Year Ranking 23
Diff 14
Pg. 506 Africa Business Directory - Ed. 2022

Company Sibanye Gold

Sector Mining
Country South Africa
Turnover 2020 8,692.0
Net Profits 2,089.3
Turnover Change 0,69
CEO's Last Name Froneman
CEO's First Name Neal
Designation Chief Executive Officer
Mailing Address Box 5, Westonaria, 1780
Constantia Office Park, Cnr 14th
Physical Address Avenue And Hendrik Potgieter Ro,
Weltevreden Park, 1709
Phone 27 11 2789600
Fax (011) 278 7058
Email jane.doe@sibanyegold.co.za
Website www.sibanyestillwater.com

Current Year Ranking 10

Previous Year Ranking 9
Diff -1
Company SPAR Group
Sector Retail
Country South Africa
Turnover 2020 8,479.4
Net Profits 133.5
Turnover Change 0,09
CEO's Last Name Matacunas
CEO's First Name Michael
Designation Chief Executive
Pg. 507 Africa Business Directory - Ed. 2022

Mailing Address Box 1589 Pinetown 3600

Physical Address 3610 Lane Pinetown 22 Chancery
Phone 0027 31 719 1900
Fax 0027 31 719 1990
Email kyla.armstrong@spar.co.za
Website www.spar.co.za

Current Year Ranking 11

Previous Year Ranking 8
Diff -3
Company Bidcorp Group
Sector Food & Drinks
Country South Africa
Turnover 2020 8,226.8
Net Profits 77.6
Turnover Change -0,11
CEO's Last Name Selley
CEO's First Name Andrew
Designation Chief Executive Officer
Postnet Suite 136 Private Bag X9976
Mailing Address
Sandton 2146
2nd floor,North Wing, 90 Rivonia
Physical Address Road, Sandton, 2196 Johannesburg,
South Africa
Phone 27 10 5922150
Fax -
Email admin@bidcorp.co.za
Website www.bidcorpgroup.com

Current Year Ranking 12

Previous Year Ranking 12
Pg. 508 Africa Business Directory - Ed. 2022

Diff 0
Company Vodacom Group
Sector ICT
Country South Africa
Turnover 2020 6,707.1
Net Profits 1,164.8
Turnover Change 0,04
CEO's Last Name Joosub
CEO's First Name Shameel
Designation Chief Executive Officer
Mailing Address Box 3306 Cramerview 2060
82 Vodacom Boulevard, Midrand
Physical Address
1685
Phone 0027 11 653 5000
Fax 0027 11 653 5900
Email sharon.ebrahim@voda-com.co.za
Website www.vodacom.co.za

Current Year Ranking 13

Previous Year Ranking 13
Diff 0
Company Pick N Pay Stores Group
Sector Retail
Country South Africa
Turnover 2020 6,350.8
Net Profits 66.0
Turnover Change 0
CEO's Last Name Brasher
CEO's First Name Richard
Designation Deputy Chief Executive Officer
Pg. 509 Africa Business Directory - Ed. 2022

Mailing Address Box 23087 Claremont 7535

101 Rosemead Avenue, Kenil- worth
Physical Address
7708
Phone 0027 21 658 1000
Fax 0027 21 797 0314
Email richardvanrensburg@pnp.co.za
Website www.pnp.co.za

Current Year Ranking 14

Previous Year Ranking 15
Diff 1
Company NLNG'*
Sector Gas
Country Nigeria
Turnover 2020 6,314.9
Net Profits ND
Turnover Change 0,08
CEO's Last Name Mshelbila
CEO's First Name Philip
Designation Managing Director
Mailing Address -
NLNG Road,Eastern By-Pass, Port
Physical Address
Harcourt,Rivers State, Nigeria
Phone 00234 80 390 74 000
Fax -
Email contactus@nnpcgroup.com
Website www.nigerialng.com

Current Year Ranking 15

Previous Year Ranking 19
Diff 4
Pg. 510 Africa Business Directory - Ed. 2022

Company OCP Group

Sector Mining
Country Morocco
Turnover 2020 6,237,3
Net Profits 376.5
Turnover Change 0,12
CEO's Last Name Terrab
CEO's First Name Mostafa
Designation President & Director General
Mailing Address Box 5196 Casablanca 20200
2-4 Al Abtal Street, Hay Er- raha,
Physical Address
Casablanca 20200
Phone 00212 522 23 20 25
Fax -
Email communication@ocpgroup.ma
Website www.ocpgroup.ma

Current Year Ranking 16

Previous Year Ranking 32
Diff 16
Company Naspers
Sector Media
Country South Africa
Turnover 2020 5,934.0
Net Profits 3,404.0
Turnover Change 0,48
CEO's Last Name Dijk
CEO's First Name Bob van
Designation Chief Executive
Mailing Address Box 1502 Randburg 2125
Pg. 511 Africa Business Directory - Ed. 2022

Physical Address 40 Heerengracht, Cape Town 8001

Phone 0027 21 406 2121
Fax 0027 21 406 3793
Email koos.bekker@naspers.com
Website www.naspers.com

Current Year Ranking 17

Previous Year Ranking 11
Diff -6
Company Massmart Holdings
Sector Retail
Country South Africa
Turnover 2020 5,919.9
Net Profits -119,6
Turnover Change -0,11
CEO's Last Name Slape
CEO's First Name Mitchell
Designation Chief Executive Officer
Mailing Address PBag X4, Sunninghill 2157
16 Peltier Drive Sunninghill Ext 6,
Physical Address
Sandton 2191
Phone 0027 11 517 0000
Fax 0027 11 517 0020
Email bleroni@massmart.co.za
Website www. massmart. co.za

Current Year Ranking 18

Previous Year Ranking 16
Diff -2
Company Suez Canal Authority
Pg. 512 Africa Business Directory - Ed. 2022

Sector Ports
Country Egypt
Turnover 2020 5.600.0
Net Profits ND
Turnover Change -0,03
CEO's Last Name Farahat
CEO's First Name Abdel Aziz
Designation Chief Executive
Mailing Address Box 41515 Ismailia
4th floor Irshad Building, Ismailia
Physical Address
41515
Phone 0020 64 339 2172
Fax 0020 64 339 2834
Email scsy@suezcanal.gov.eg
Website www.suezcanal.gov.eg

Current Year Ranking 19

Previous Year Ranking 27
Diff 8
Company kumba lon Ore
Sector Mining
Country South Africa
Turnover 2020 5,465.5
Net Profits 2,036.1
Turnover Change 0,2
CEO's Last Name Mkhwanazi
CEO's First Name Themba
Designation Chief Executive Officer
Mailing Address Box 9679 Centurion 46
Centurion Gate, 124 Akkerboom
Physical Address
Street, Centurion 0175
Pg. 513 Africa Business Directory - Ed. 2022

Phone 0027 12 683 7000

Fax 0027 86 295 0746
Email charmaine.naidoo@kioltd.com
Website www.kumba.co.za

Current Year Ranking 20

Previous Year Ranking 7
Diff -13
Company Sonangol
Sector Petroleum
Country Angola
Turnover 2020 5,332.2
Net Profits -3,599.8
Turnover Change 0,42
CEO's Last Name Martins
CEO's First Name Sebastião Gaspar
Designation Chairman
Mailing Address Box 1316 Luanda
Physical Address No 29/31 Rainha Ginga Street, Luanda
Phone 00244 22 66 439 68
Fax 00244 22 391 782
Email secretariageral@sonangol.co.ao
Website www.sonangol.co.ao

Current Year Ranking 21

Previous Year Ranking 25
Diff 4
Company Vodacom South Africa
Sector ICT
Country South Africa
Pg. 514 Africa Business Directory - Ed. 2022

Turnover 2020 5,235.8

Net Profits ND
Turnover Change 0,06
CEO's Last Name Joosub
CEO's First Name Shameel
Designation Chief Executive Officer
Mailing Address Box 3306 Cramerview 2060
82 Vodacom Boulevard, Midrand
Physical Address
1685
Phone 0027 11 653 5000
Fax 0027 11 372 6550
Email sharon.ebrahim@voda-com.co.za
Website www.vodacom.co.za

Current Year Ranking 22

Previous Year Ranking 20
Diff -2
Company The Bidvest Group
Sector Diversified
Country South Africa
Turnover 2020 5,222.5
Net Profits -12.8
Turnover Change -0,03
CEO's Last Name Madisa
CEO's First Name Nompumelelo Thembekile
Designation Chief Executive Officer
Mailing Address Box 87274, Houghton 2041
Bidvest House, 18 Crescent Drive,
Physical Address
Melrose Arch, Melrose 2196
Phone 0027 11 772 8704
Fax 0027 11 772 8970
Pg. 515 Africa Business Directory - Ed. 2022

Email info@bidvest.co.za
Website www.bidvest.co.za

Current Year Ranking 23

Previous Year Ranking 18
Diff -5
Company Motus
Sector Auto industry
Country South Africa
Turnover 2020 5,009.2
Net Profits 12.6
Turnover Change -0,12
CEO's Last Name Arbee
CEO's First Name Osman Suluman
Designation Chief Executive Officer
PO Box 3013 Edenvale 1610 South
Mailing Address
Africa
1 Van Buuren Rd, Cnr Van Dort Str &
Physical Address Geldenhuis Str Bedfordview 2008
South Africa GPS
Phone 27 0 10 493 4335
Fax -
Email info@motusparts.co.za
Website www.motus.co.za

Current Year Ranking 24

Previous Year Ranking 24
Diff 0
Company Woolworths Holdings
Sector Retail
Country South Africa
Pg. 516 Africa Business Directory - Ed. 2022

Turnover 2020 4,926.8

Net Profits 38.1
Turnover Change -0,05
CEO's Last Name Bagattini
CEO's First Name Roy
Designation Group Chief Executive Officer
Mailing Address Box 680 Cape Town 8000
Woolworths House 93 Long- market
Physical Address
Street Cape Town 8001
Phone 0027 21 407 9111
Fax 0027 21 407 3957
Email custserv@woolworths.co.za
Website www.woolworths.co.za

Current Year Ranking 25

Previous Year Ranking 41
Diff 16
Company Impala Platinum Holdings
Sector Mining
Country South Africa
Turnover 2020 4,765.9
Net Profits 1,124.7
Turnover Change 0,38
CEO's Last Name Munroe
CEO's First Name Mark
Designation Chief Executive Officer
Mailing Address PBag X18 Northlands 2116
Physical Address 2 Fricker Road, Illovo 2196
Phone 0027 11 731 9000
Fax 0027 11 731 9254
Pg. 517 Africa Business Directory - Ed. 2022

Email Avanthi.Parboosingh@implats.co.za
Website www.implats.co.za

Current Year Ranking 26

Previous Year Ranking 17
Diff -9
Company Sappi
Sector Wood
Country South Africa
Turnover 2020 4,609.0
Net Profits -135.0
Turnover Change -0,2
CEO's Last Name Thiel
CEO's First Name Alexander
Designation Group Chief Executive Officer
Mailing Address Box 31560 Braamfon- tein 2017
48 Ameshoff Street, Braam- fontein
Physical Address
2011
Phone 0027 11 407 8044
Fax 0027 11 403 8236
Email andre.oberholzer@sappi.com
Website www.sappi.com

Current Year Ranking 27

Previous Year Ranking 22
Diff -5
Company Transnet
Sector Transport
Country South Africa
Turnover 2020 4,590.0
Pg. 518 Africa Business Directory - Ed. 2022

Net Profits -572.2

Turnover Change -0,14
CEO's Last Name Portia
CEO's First Name Derby
Designation Group Chief Executive Officer
Mailing Address Box 72501 Parkview 2122
Carlton centre, 150 Commissioner
Physical Address
Street, Johannesburg 2001
Phone 0027 11 308 3000
Fax 0027 11 308 2638
Email enquiries@transnet.net
Website www.transnet.net

Current Year Ranking 28

Previous Year Ranking 14
Diff -14
Company Engen Petroleum
Sector Petroleum
Country South Africa
Turnover 2020 4,554.5
Net Profits -256,7
Turnover Change -0,28
CEO's Last Name Hassan
CEO's First Name Yusa
Designation Managing Director
Post Office box: 1043, Johannesburg,
Mailing Address
2000
10 St Andrews Rd, Parktown, Gauteng,
Physical Address 2193, South Africa City of
Johannesburg
Phone +27 (11) 334 6599
Pg. 519 Africa Business Directory - Ed. 2022

Fax +27 (11) 334 0632

Email info@engen.co.za
Website www.engenoc.co.za

Current Year Ranking 29

Previous Year Ranking 40
Diff 11
Company Anglogold Ashanti
Sector Mining
Country South Africa
Turnover 2020 4,427.0
Net Profits 971.0
Turnover Change 0,26
CEO's Last Name Calderon
CEO's First Name Alberto
Designation Chief Executive Officer
Mailing Address Box 62117 Marshall- town 2107
76 Jeppe Street, Newtown Johan-
Physical Address
nesburg 2001
Phone 0027 11 637 6383
Fax 0027 11 637 6399
Email mcutafani@anglogol-dashanti.com
Website www.anglogoldashanti.com

Current Year Ranking 30

Previous Year Ranking 26
Diff -4
Company Pepkor
Sector Retail
Country South Africa
Pg. 520 Africa Business Directory - Ed. 2022

Turnover 2020 4,299.7

Net Profits ND
Turnover Change 0,01
CEO's Last Name Lourens
CEO's First Name Leon
Designation Chief Executive Officer
Mailing Address PO Box 6100 Parow East 7500
36 Stellenberg Road Parow Industria
Physical Address
7493
Phone +27 21 929 4800
Fax +27 21 929 4829
Email info@pepkor.co.za
Website www.pepkor.co.za

Current Year Ranking 31

Previous Year Ranking 28
Diff -3
Company Datatec
Sector ICT
Country South Africa
Turnover 2020 4,109.5
Net Profits 5.7
Turnover Change -0,02
CEO's Last Name Montanana
CEO's First Name Jens Peter
Designation Chief Executive Officer
Mailing Address Box 76226 Wendywood 2146
Ground Floor Sandown
Physical Address Chambers,Sandown Village, 16
Maude Street Sandown 2146
Phone 0027 11 233 1000
Pg. 521 Africa Business Directory - Ed. 2022

Fax 0027 11 233 3300

Email ivand@datatec.co.za
Website www.datatec.co.za

Current Year Ranking 32

Previous Year Ranking 36
Diff 4
Company Groupe Maroc Telecom
Sector ICT
Country Morocco
Turnover 2020 4,082.1
Net Profits 602.1
Turnover Change 0,08
CEO's Last Name Ahizoune
CEO's First Name Abdeslam
Designation Group Chief Executive Officer
Mailing Address -
Physical Address Avenue Annakhil Hay Riad, Rabat
Phone 00212 537 71 90 00
Fax 00212 537 71 06 00
Email webmaster@iam.ma
Website www.iam.ma

Current Year Ranking 33

Previous Year Ranking 30
Diff -3
Company Mediclinic Corporation
Sector Healthcare
Country South Africa
Turnover 2020 4,066.4
Pg. 522 Africa Business Directory - Ed. 2022

Net Profits 283.8

Turnover Change 0,01
CEO's Last Name Wyk
CEO's First Name Greg van
Designation Chief Executive
Mailing Address Box 456 Stellenbos- ch 7599
Mediclinic Offices, Strand Road,
Physical Address
Stellen- bosch 7600
Phone 0027 21 809 6500
Fax 0027 21 886 4037
Email info@mediclinic.com
Website www.mediclinic.com

Current Year Ranking 34

Previous Year Ranking 35
Diff 1
Company ONEE
Sector Utilities
Country Morocco
Turnover 2020 3,911.1
Net Profits 61.2
Turnover Change 0,02
CEO's Last Name EL HAFIDI
CEO's First Name Abderrahim
Designation Director General
Mailing Address -
65, rue Othman Ben Affane 20000
Physical Address
Casablanca Maroc
Phone 05 22 66 83 93
Fax 05 22 22 0038
Email sahim@onee.ma
Pg. 523 Africa Business Directory - Ed. 2022

Website http://www.one.org.ma/

Current Year Ranking 35

Previous Year Ranking 48
Diff 13
Company Gold Fields
Sector Mining
Country South Africa
Turnover 2020 3,892-1
Net Profits 745,4
Turnover Change 0,31
CEO's Last Name Griffith
CEO's First Name Chris
Designation Chief Executive
Postnet Suite 252, PBag X30500
Mailing Address
Houghton 2041
150 Helen Road, Sandown Sandton
Physical Address
2196
Phone 0027 11 562 9700
Fax 0027 11 562 9838
Email cain.farrel@goldfields.co.za
Website www.goldfields.com

Current Year Ranking 36

Previous Year Ranking 29
Diff -7
Company Remgro
Sector Diversified
Country South Africa
Turnover 2020 3,734.4
Net Profits 449.2
Pg. 524 Africa Business Directory - Ed. 2022

Turnover Change -0,08

CEO's Last Name Durand
CEO's First Name Jannie
Designation Chairman
Mailing Address Box 456 Stellenbos- ch 7599
Carpe Diem Office Park, Qunatum
Physical Address Street, Technopark Stel- lenbosch
7600
Phone 0027 21 888 3000
Fax 0027 21 888 3399
Email ml@remgro.com
Website www.remgro.com

Current Year Ranking 37

Previous Year Ranking 37
Diff 0
Company Multichoice Africa
Sector Media
Country South Africa
Turnover 2020 3,639.3
Net Profits 278.2
Turnover Change 0
CEO's Last Name Mawela
CEO's First Name Calvo
Designation Chief Executive Officer
PO Box 1502, Randburg, South Africa
Mailing Address
2125
144 Bram Fischer Drive, Ferndale,
Physical Address
Randburg, South Africa
Phone +27 11 289 3000
Fax
Pg. 525 Africa Business Directory - Ed. 2022

Email info@multichoiceafrica.com
https://www.multichoice.com/multic
Website
hoice-south-africa

Current Year Ranking 38

Previous Year Ranking 44
Diff 6
Company MTN Nigeria
Sector ICT
Country Nigeria
Turnover 2020 3,514.1
Net Profits 535.6
Turnover Change 0,1
CEO's Last Name Mupita
CEO's First Name Ralph
Designation Chief Executive Officer
PMB 80147, Adeola Odeku Post Office,
Mailing Address
Victoria Island, Lagos
Golden Plaza Building Falomo, Ikoyi,
Physical Address
Lagos
Phone 00234 1 261 3211
Fax -
Email mtnbusiness@mtnnigeria.net
Website www.mtnbusiness.com.ng

Current Year Ranking 39

Previous Year Ranking 31
Diff -8
Company Barloworld
Sector Diversified
Country South Africa
Pg. 526 Africa Business Directory - Ed. 2022

Turnover 2020 3,389.9

Net Profits -170.5
Turnover Change -0,16
CEO's Last Name Sewela
CEO's First Name Dominic Malentsha
Designation Chief Executive
Mailing Address Box 782248 Sandton 2146
Physical Address 180 Katherine Street Sandton 2146
Phone 0027 11 445 1000
Fax 0027 11 444 3643
Email jaceydg@barloworld.com
Website www.barloworld.com

Current Year Ranking 40

Previous Year Ranking 45
Diff 5
Company Orascom Construction Industries
Sector Construction
Country Egypt
Turnover 2020 3,371.1
Net Profits 97.1
Turnover Change 0,06
CEO's Last Name Sawiriss
CEO's First Name Nassef
Designation Chief Executive Officer
Mailing Address -
Nile City Towers,2005A Corniche El Nil,
Physical Address
Cairo 11221
Phone 0020 2 2461 1111
Fax 0020 2 246 9400
Pg. 527 Africa Business Directory - Ed. 2022

Email omar.darwazah@oras-comci.com
Website www.oras-comci.com

Current Year Ranking 41

Previous Year Ranking 34
Diff -7
Company Naftal
Sector Petroleum
Country Algeria
Turnover 2020 3,283.3
Net Profits ND
Turnover Change -0,17
CEO's Last Name Maneour
CEO's First Name Mourad
Designation President & Director General
Mailing Address -
BP 73, Route des Dunes.
Physical Address
Chéraga, Alger.
Phone 213 21 38 33 70
Fax 213 21 38 19 19
Email webmaster@naftal.dz
Website www.naftal.dz

Current Year Ranking 42

Previous Year Ranking 39
Diff -3
Company Imperial Logistics
Sector Diversified
Country South Africa
Turnover 2020 3,164.5
Pg. 528 Africa Business Directory - Ed. 2022

Net Profits -15,4

Turnover Change 0,01
CEO's Last Name Ahmed Sultan bin
CEO's First Name Sulayem
Designation Chairman
PO Box 3013 Gauteng Edenvale 1610
Mailing Address
South Africa
79 Boeing Road East Bedfordview
Physical Address
2007
Phone +27 11 372 6500
Fax 118646578
Email mornee@imperial.co.za
Website www.imperiallogistics.com

Current Year Ranking 43

Previous Year Ranking 33
Diff -10
Company Ethiopian Airlines
Sector Air transport
Country Ethiopia
Turnover 2020 3,118.2
Net Profits ND
Turnover Change -0,22
CEO's Last Name Tasew
CEO's First Name Mesfin
Designation Chief Executive
Mailing Address Box 1755 Addis Ababa
Man City Ticket Office, Churchill Road,
Physical Address
Addis Ababa
Phone 00251 11 571 8165
Fax 00251 11 6611474
Pg. 529 Africa Business Directory - Ed. 2022

PublicRelations@ethiopianairlines.co
Email
m
Website www.ethiopia-nairlines.com

Current Year Ranking 44

Previous Year Ranking 43
Diff -1
Company MTN South Africa
Sector ICT
Country South Africa
Turnover 2020 3,102.6
Net Profits ND
Turnover Change -0,04
CEO's Last Name Mupita
CEO's First Name Ralph
Designation Group President & CEO
Mailing Address Pbag X9955, Cresta 2118
216,14th Avenue Fairlands,
Physical Address
Roodepoort 2195
Phone 0027 11 912 5220
Fax 0027 11 912 4093
Email investor_rela- tions@mtn.co.za
Website www.mtn.co.za

Current Year Ranking 45

Previous Year Ranking 47
Diff 2
Company Telkom+D45
Sector ICT
Country South Africa
Turnover 2020 2,949.0
Pg. 530 Africa Business Directory - Ed. 2022

Net Profits 178.9

Turnover Change -0,04
CEO's Last Name Taukobong,
CEO's First Name Serame
Designation Group Chief Executive Officer
Mailing Address pPBagX780 Pretoria 0001
25th floor, Telcom Towers North, 152
Physical Address
Proes Street, Pretoria 0001
Phone 0027 12 311 3911
Fax 123283506
Email telkomir@telkom. co.za
Website www.telkom.co.za

Current Year Ranking 46

Previous Year Ranking 51
Diff 5
Company Elsewedy Electric
Sector Electrical equip.
Country Egypt
Turnover 2020 2,943.3
Net Profits 209.7
Turnover Change 0,01
CEO's Last Name Elsewedy
CEO's First Name Ahmed
Designation President & CEO
Mailing Address P.O.Box 311, New Cairo 11853, Egypt.
1st District, 5th Settlement, New Cairo,
Physical Address Plot no. 27 N Teseen, New Cairo 1,
Cairo Governorate 11835, Égypte
Phone (+202) 275 99 700
Fax (+202) 275 99 731
Pg. 531 Africa Business Directory - Ed. 2022

Email info@elsewedy.com
Website www.elsewedyelectric.com

Current Year Ranking 47

Previous Year Ranking 52
Diff 5
Company Wilson Bayly Holmes-Ovcon
Sector Construction
Country South Africa
Turnover 2020 2,939.4
Net Profits -34.7
Turnover Change 0,02
CEO's Last Name Nel
CEO's First Name Louwtjie
Designation Group CEO
Mailing Address Box 531 Bergvlei 2012
53 Andries Street, Wynberg
Physical Address
Johannesburg 2090
Phone 0027 11 321 7200
Fax 0027 11 887 4364
Email wbho@wbho.co.za
Website www.wbho.co.za

Current Year Ranking 48

Previous Year Ranking 50
Diff 2
Company Afriquia SMDC
Sector Petroleum
Country Morocco
Turnover 2020 2,832.8
Pg. 532 Africa Business Directory - Ed. 2022

Net Profits 88,8

Turnover Change -0,04
CEO's Last Name Elbaghdadi
CEO's First Name Said
Designation General Manager
K070 route de Rabat (r.p. 1) km 7 imm
Mailing Address
Tafraouti Casablanca - Maroc
route de Rabat (r.p. 1), km 7, Ain
Physical Address
Sebaa - 20600 Casablanca
Phone (+212) 05 22 67 77 77
Fax 05 22 35 55 56
Email afriquia@akwagroup.com
Website www.afriquia.ma

Current Year Ranking 49

Previous Year Ranking 59
Diff 10
Company Dangote Cement
Sector Construction
Country Nigeria
Turnover 2020 2,699.3
Net Profits 720.5
Turnover Change 0,1
CEO's Last Name Dangote
CEO's First Name Aliko
Designation President and CEO
Mailing Address Box 40032 Falama, Ikoyi
Union Marble House, 1 Alfred Rewane
Physical Address
Road, Ikoyi, Lagos
Phone 23414480815
Fax 23412702893
Pg. 533 Africa Business Directory - Ed. 2022

communications@dangote-
Email
group.com
Website www.dangote- group.com

Current Year Ranking 50

Previous Year Ranking 46
Diff -4
Company Transnet Freight Rail
Sector Rail transport
Country South Africa
Turnover 2020 2,691.5
Net Profits ND
Turnover Change -0,15
CEO's Last Name Siyabonga
CEO's First Name Gama
Designation Chief Executive
Mailing Address PBag X47 Johannes- burg 2000
Inyanda House,21 Wellington Road,
Physical Address
parktown 2193
Phone 0027 11 544 9368
Fax 0027 11 544 9599
Email siyabonga.gama@transnet.net
Website www.transnet. Net

Current Year Ranking 51

Previous Year Ranking 54
Diff 3
Company Aspen Pharmacare Holdings
Sector Pharmaceuticals
Country South Africa
Turnover 2020 30.012.6
Pg. 534 Africa Business Directory - Ed. 2022

Net Profits 314.6

Turnover Change 0,04
CEO's Last Name Saad
CEO's First Name Stephen
Designation Group Chief Executive
Mailing Address Box 25125 Gateway 4321
Aspen Park, 98 Armstrong Avenue, La
Physical Address
Lucia Ridge
Phone 27315808600
Fax 0027 31 580 8647
Email burger_a@aspenpharma.com
Website www.aspenpharma.com

Current Year Ranking 52

Previous Year Ranking 61
Diff 9
Company Clicks Group
Sector Retail
Country South Africa
Turnover 2020 13,941.2
Net Profits 128.3
Turnover Change 0,04
CEO's Last Name Engelbrecht
CEO's First Name Bertina
Designation Chief Executive Officer
PO Box 5142, Cape Town 8000, South
Mailing Address
Africa.
Physical Address Cnr. Searle and Pontac Streets
Phone +27 (0)21 460 1911
Fax +27 (0)21 460 1805
Email registrar@computershare.co.za
Pg. 535 Africa Business Directory - Ed. 2022

Website https://www.clicksgroup.co.za/

Current Year Ranking 53

Previous Year Ranking 53
Diff 0
Company Ezz Steel Company
Sector Metals
Country Egypt
Turnover 2020 12 988.7
Net Profits -197.8
Turnover Change -0,14
CEO's Last Name Chekaiban
CEO's First Name Paul
Designation Chairman and Managing Director
Mailing Address
Four Seasons Nile Plaza The
Physical Address Corporate Building 1089 Cornich El-
Nil Garden City Cairo Egypt
Phone +20 (2) 27989900
Fax +20 (2) 27931953
Email info@ezzsteel.com
Website www.ezzsteel.com

Current Year Ranking 54

Previous Year Ranking 60
Diff 6
Company Middle East Oil Refineries*
Sector Refining
Country Egypt
Turnover 2020 12.237 8
Pg. 536 Africa Business Directory - Ed. 2022

Net Profits 57.0

Turnover Change 0,15
CEO's Last Name Salem
CEO's First Name Hussain
Designation Chairman & CEO
Mailing Address Plot 209, Block H,
22 El Badeya St Heliopolis Cairo 11364
Physical Address
Egypt
Phone 20226733700
Fax 202 24 14 59 36
Email
Website www.midor.com.eg

Current Year Ranking 55

Previous Year Ranking 55
Diff 0
Company Foschini
Sector Retail
Country South Africa
Turnover 2020 10,801.5
Net Profits -127.0
Turnover Change -0,11
CEO's Last Name THUNSTRöM
CEO's First Name AE
Designation Chief Executive Officer
Mailing Address Box 6020 Parow East 7500
TFG Head Office,Stanley Lewis Centre,
Physical Address 340 Voortrekker Road, Parow East
7501
Phone 27218381911
Fax 27219298908
Pg. 537 Africa Business Directory - Ed. 2022

Email info@foschini.co.za
Website www.foschini.co.za

Current Year Ranking 56

Previous Year Ranking 58
Diff 2
Company Safaricom
Sector ICT
Country Kenya
Turnover 2020 9,706.4
Net Profits 625.0
Turnover Change -0,06
CEO's Last Name Ndegwa
CEO's First Name Peter
Designation Chief Executive Officer
Mailing Address Box 66827 Nairobi 800
Sfaricom House, Waiyaki Way,
Physical Address
Westlands
Phone 00254 722 0 0 3272
Fax No Fax
Email advantage@safaricom. co.ke
Website www.safari- com.co.ke

Current Year Ranking 57

Previous Year Ranking 56
Diff -1
Company Super Group
Sector Transport
Country South Africa
Turnover 2020 9,703.8
Pg. 538 Africa Business Directory - Ed. 2022

Net Profits -11.0

Turnover Change -0,12
CEO's Last Name Montford
CEO's First Name Peter
Designation Chief Executive Officer
Mailing Address PBag X9973, Sandton 2146
27, Impala Road, Chislehurston,
Physical Address
Sandton 2146
Phone 0027 11 523 4000
Fax 0027 11 523 4858
Email nigel.redford@supergrp. com
Website www.super- group.co.za

Current Year Ranking 58

Previous Year Ranking 145
Diff 87
Company Qalaa Holdings
Sector Financial services
Country Egypt
Turnover 2020 9,402.4
Net Profits -607.2
Turnover Change 1,53
CEO's Last Name Heikal
CEO's First Name Ahmed
Designation Chairman & Founder
P.O Box 29, Postal Code: 11516, Cairo,
Mailing Address
Egypt.
Four Seasons Nile Plaza Office
Building, 1089 Corniche El Nile, 3rd
Physical Address
Floor, Garden City Cairo, Cairo, 11519
Egypt
Pg. 539 Africa Business Directory - Ed. 2022

Phone 20-227914440
Fax 20 2 2791-4448
Email INF...@QALAAHOLDINGS.COM
Website www.qalaaholdings.com

Current Year Ranking 59

Previous Year Ranking 74
Diff 15
Company Sonatel
Sector ICT
Country Senegal
Turnover 2020 8,692.0
Net Profits 376,4
Turnover Change 0,21
CEO's Last Name Mbaye
CEO's First Name Cheikh
Designation Director General
Mailing Address Box 69 Dakar
Physical Address 48 Boulevard de la Republique, Dakar
Phone 00221 33 839 21 00
Fax 00221 33 839 21 10
nafissatou.diouf@orange-
Email
sonatel.com
Website www.sonatel.sn

Current Year Ranking 60

Previous Year Ranking 63
Diff 3
Company Maroc Telecom
Sector ICT
Pg. 540 Africa Business Directory - Ed. 2022

Country Morocco
Turnover 2020 8.479 4
Net Profits 693.7
Turnover Change 0,04
CEO's Last Name Ahizoune
CEO's First Name Abdeslam
Designation Group Chief Executive Officer
Mailing Address -
Physical Address Avenue An- nakhil Hay Riad, Rabat
Phone 00212 537 71 9000
Fax 00212 537 71 0600
Email webmaster@iam. ma
Website www.iam.ma

Current Year Ranking 61

Previous Year Ranking 70
Diff 9
Company RCL Foods
Sector Food & Drinks
Country South Africa
Turnover 2020 8,226.8
Net Profits 67.9
Turnover Change 0,09
CEO's Last Name Cruickshank
CEO's First Name Paul
Designation Chief Executive Officer
PO Box 2734, Westway Office Park
Mailing Address
3635
Ten The Boulvard Westway Office
Physical Address
Park Westville 3629
Phone 0027 03 12 428 900
Pg. 541 Africa Business Directory - Ed. 2022

Fax 233423354
Email jacques.chambers@rclfoods.com
Website www.rclfoods.com

Current Year Ranking 62

Previous Year Ranking 62
Diff 0
Company Al Ezz Dekheila Steel Company
Sector Metals
Country Egypt
Turnover 2020 6,707.1
Net Profits ND
Turnover Change -0,1
CEO's Last Name Ibrahim
CEO's First Name Farouk
Designation Chairman
Mailing Address -
Four Seasons Nile Plaza The
Physical Address Corporate Building 1089 Cornich El-
Nil Garden City Cairo Egypt
Phone 20 (2) 27989900
Fax 20 (2) 27931953
Email info@ezzsteel.com
Website www.ezzsteel.com

Current Year Ranking 63

Previous Year Ranking 64
Diff 1
Company Macerach
Sector Retail
Pg. 542 Africa Business Directory - Ed. 2022

Country South Africa

Turnover 2020 6,350.8
Net Profits ND
Turnover Change 0,08
CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Avenue Annakhil Hay Riad - Rabat -
Physical Address
Maroc
Phone 212 537 71 90 00
Fax 212 537 71 06 00
Email
Website

Current Year Ranking 64

Previous Year Ranking -
Diff -
Company Etisalat Morocco
Sector ICT
Country Morocco
Turnover 2020 6,314.9
Net Profits ND
Turnover Change -0,02
CEO's Last Name Anglada
CEO's First Name Salvador
Designation Chief Executive Officer
Mailing Address -
Avenue Annakhil Hay Riad - Rabat -
Physical Address
Maroc
Phone +212 537 71 90 00
Pg. 543 Africa Business Directory - Ed. 2022

Fax +212 537 71 06 00

Email webmaster(@)iam.ma
Website www.iam.ma

Current Year Ranking 65

Previous Year Ranking 65
Diff 0
Company Masswarehouse
Sector Services
Country South Africa
Turnover 2020 6,237.3
Net Profits 76.2
Turnover Change 0,05
CEO's Last Name Slape
CEO's First Name Mitchell
Designation Chief Executive
Mailing Address PBag X4 Sunninghill 2157
Massmart House, 16 House, Peltier
Physical Address
Drive, Sunninghill Ext 6, Sandton 2191
Phone 0027 11 517 0000
Fax 0027 11 517 0020
Email info@massmart.co.za
Website www. massmart. co.za

Current Year Ranking 66

Previous Year Ranking 66
Diff 0
Company Tiger Brands
Sector Agribusiness
Country South Africa
Pg. 544 Africa Business Directory - Ed. 2022

Turnover 2020 5,934.0

Net Profits 71.0
Turnover Change 0
CEO's Last Name Doyle
CEO's First Name Noel
Designation Chief Executive Officer
Mailing Address Box 78056 Sandton 2146
3010 William Nicol Drive Bryanston
Physical Address
2146
Phone 0027 11 840 4000
Fax 0027 11 514 0084
companysecretary@tigerbrands.co
Email
m
Website www.tigerbrands.co.zo

Current Year Ranking 67

Previous Year Ranking 88
Diff 21
Company Telecom Egypt
Sector ICT
Country Egypt
Turnover 2020 5,919.9
Net Profits 308.1
Turnover Change 0,26
CEO's Last Name Hamed
CEO's First Name Adel
Chief Executive Officer & Managing
Designation
Director
Mailing Address -
B7 Smart Village, K28 Cairo
Physical Address
Alexandria Desert Road, Cairo
Pg. 545 Africa Business Directory - Ed. 2022

Phone 20231316011
Fax 20231316015
investor.relations@telecomegypt.co
Email
m
Website www.telecomegypt. com

Current Year Ranking 68

Previous Year Ranking 57
Diff -11
Company EgyptAir Holdings
Sector Diversified
Country Egypt
Turnover 2020 5,600.0
Net Profits -164,4
Turnover Change -0,24
CEO's Last Name Ahmed
CEO's First Name Adel
Chairman & Chief Executive Officer &
Designation
Managing Director
Mailing Address
EgyptAir Administrative Complex,
Physical Address Cairo International Airport, Heli-
opolis, Cairo
Phone 0020 2 2696 3028
Fax 0020 2 2418 3715
Email info@egyptair.com
Website www.egyptair.com

Current Year Ranking 69

Previous Year Ranking 93
Diff 24
Pg. 546 Africa Business Directory - Ed. 2022

Company Flour Mills of Nigeria

Sector Food & Drinks
Country Nigeria
Turnover 2020 5,465.5
Net Profits 671
Turnover Change 0,28
CEO's Last Name Olusanya
CEO's First Name Omoboyede
Designation Group Managing Director
Mailing Address Box 341 Apapa, Lagos
111, Murtala Muhammed Way, Kano,
Physical Address
Kano State
Phone 00234 64 632 181
Fax 00234 64 632 479
Email eukpabi@fmnplc.com
Website www.fmnplc.com

Current Year Ranking 70

Previous Year Ranking 72
Diff 2
Company Harmony Gold Mining Company
Sector Mining
Country South Africa
Turnover 2020 5,332.2
Net Profits -58.0
Turnover Change 0,04
CEO's Last Name Motsepe
CEO's First Name Patrice
Designation Chairman
PO Box 2, Randfontein, 1760, South
Mailing Address
Africa
Pg. 547 Africa Business Directory - Ed. 2022

Randfontein Office park, Corner of

Physical Address Main Reef Road and Ward Avenue,
Randfontein, South Africa
Phone +27 (0) 800 204 256
Fax (+27) 116 92 38 79
Email ISServicesHub@Harmony.co.za
Website www.harmony.co.za

Current Year Ranking 71

Previous Year Ranking 75
Diff 4
Company Exxaro Resources
Sector Mining
Country South Africa
Turnover 2020 5,235.8
Net Profits 716.1
Turnover Change 0,08
CEO's Last Name Donald Mbuyisa Mgojo
CEO's First Name Mxolisi
Designation Chief Executive Officer
Mailing Address Post Office box: 9229, Pretoria, 0001
The ConneXXion, 263B West Ave, Die
Physical Address Hoewes, Centurion, 0163, Afrique du
Sud
Phone (+27) 12 307 5000
Fax +27 12 323 3400
Email investorrelations@exxaro.com
Website www.exxaro.com

Current Year Ranking 72

Previous Year Ranking 71
Pg. 548 Africa Business Directory - Ed. 2022

Diff -1
Company STEG
Sector Utilities
Country Tunisia
Turnover 2020 5,222.5
Net Profits -22.2
Turnover Change 0
CEO's Last Name Ammar
CEO's First Name Mohamed
Designation President & Director General
Mailing Address Box 190 Tunis Cedex 1080
Physical Address 38 Rue Kamal Ataturk, Tunis 1080
Phone 00216 71 341 311
Fax 21671330
Email dpsc@steg.com.tn
Website www.steg.com.tn

Current Year Ranking 73

Previous Year Ranking 69
Diff -4
Company Vodafone Egypt
Sector ICT
Country Egypt
Turnover 2020 5,009.2
Net Profits 332.9
Turnover Change 0,16
CEO's Last Name Abdallah
CEO's First Name Mouhamed
Designation Chief Executive Officer
Mailing Address P.O Box 12573
Pg. 549 Africa Business Directory - Ed. 2022

Smart Village, Building C2, Km 28

Physical Address
Cairo-Alexandria Desert
Phone (20-2) 2529-2123
Fax (+20-2) 2529-2050
Email
Website www.vodafone.com.eg

Current Year Ranking 74

Previous Year Ranking 84
Diff 10
Company Dangote Cement Nigeria
Sector Construction
Country Nigeria
Turnover 2020 4,926.8
Net Profits ND
Turnover Change 0,12
CEO's Last Name Puchercos
CEO's First Name Michel
Designation Chief Executive Officer
Mailing Address
1 Alfred Rewane Rd, Ikoyi 106104,
Physical Address
Lagos, Nigeria
Phone 234-1-460-643
Fax 234-1-463-0316
Email communications@dangote.com
Website www.dangotecement.com

Current Year Ranking 75

Previous Year Ranking 97
Diff 22
Company Petrojet
Pg. 550 Africa Business Directory - Ed. 2022

Sector Petroleum
Country Egypt
Turnover 2020 4.765.9
Net Profits ND
Turnover Change 0,25
CEO's Last Name Lotfy
CEO's First Name Waleed
Chairman & Managing DirectorThe
Designation
Petroleum Projects
P.O. Box 369, 5th settlement, Al-
Mailing Address
Kattameya
Plot 21:26, Sector one, City center, 5th
Physical Address
Settlement, New Cairo, Cairo, Egypt
Phone (+20) 2 26734000/1
Fax (+20) 2 26734301
Email media@petrojeteg.com/jet
Website www.petrojet.com.eg

Current Year Ranking 76

Previous Year Ranking 103
Diff 27
Company Marikana
Sector Mining
Country South Africa
Turnover 2020 4,609.0
Net Profits 947.0
Turnover Change 1,3
CEO's Last Name Meldrum
CEO's First Name David
Designation
Mailing Address
Pg. 551 Africa Business Directory - Ed. 2022

Physical Address Rustenburg, South Africa

Phone
Fax
Email
Website

Current Year Ranking 77

Previous Year Ranking 82
Diff 5
Company Dis-Chem
Sector Pharmaceuticals
Country South Africa
Turnover 2020 4,590.0
Net Profits 46.9
Turnover Change 0,05
CEO's Last Name Saltzman
CEO's First Name Ivan Leon
Designation CEO
Mailing Address Private Bag X21 Northriding 2162
Cnr Le Roux & Stag Rd Glen Austin
Physical Address
Midrand South Africa
Phone 105892200
Fax 119421045
Email careline@dischem.co.za
Website www.dischem.co.za

Current Year Ranking 78

Previous Year Ranking 77
Diff -1
Company Life Healthcare Group
Pg. 552 Africa Business Directory - Ed. 2022

Sector Healthcare
Country South Africa
Turnover 2020 4.554.5
Net Profits 2.6
Turnover Change -0,05
CEO's Last Name Shrek
CEO's First Name Varianna
Designation Chief Executive
Mailing Address Pbag X13 Northlands 2116
Oxford Manor, 21 Chaplin Road Illovo
Physical Address
2196
Phone 0027 11 219 9000
Fax 0027 11 219 9001
general.information@lifehealthcare.
Email
co.zo
Website www.lifehealthcare.co.zo

Current Year Ranking 79

Previous Year Ranking 83
Diff 4
Company STIR*
Sector Refining
Country Tunisia
Turnover 2020 4,427.0
Net Profits ND
Turnover Change 0,02
CEO's Last Name Labiadh
CEO's First Name Ali
Designation Chief Executive Officer
Mailing Address Box 45/46 Bizerte
Physical Address ZI Zaraouna Refinery Bizerte
Pg. 553 Africa Business Directory - Ed. 2022

Phone 00216 72 592 744

Fax 00216 72 590 457
Email stir@stir.com.tn
Website www.stir.com.tn

Current Year Ranking 80

Previous Year Ranking 49
Diff -31
Company Arcelor Mittal South Africa
Sector Metals
Country South Africa
Turnover 2020 4,299.7
Net Profits -332.6
Turnover Change 0,43
CEO's Last Name Mittal
CEO's First Name Lakshmi
Designation Chairman & Chief Executive Officer
Mailing Address Box 2 Van- derbijlpark 1900
Physical Address Delfos Boulevard, Vanderbijlpark 1900
Phone 0027 16 889 9111
Fax 0027 16 889 4318
jean.vandermer- we@arcelormittal.
Email
com
Website www.arcelormittal. com

Current Year Ranking 81

Previous Year Ranking 101
Diff 20
Company Hassan Allam Holding
Sector Construction
Pg. 554 Africa Business Directory - Ed. 2022

Country Egypt
Turnover 2020 4,109.5
Net Profits 75.7
Turnover Change 0,16
CEO's Last Name Allam
CEO's First Name Amr
Designation Chief Executive Officer
Mailing Address P.O Box : 141 Abassiya
Yehia Zakaria St., Industrial Zone - lot
Physical Address 5, Sheraton Heliopolis Housing, Cairo,
Egypt
Phone 20222659000
Fax 20226785920
Email info@hassanallam.com
Website www.hassanallam.com

Current Year Ranking 82

Previous Year Ranking 85
Diff 3
Company Royal Air Maroc*
Sector Air transport
Country Morocco
Turnover 2020 4,082.1
Net Profits -13.5
Turnover Change 0,04
CEO's Last Name Benhima
CEO's First Name Driss
Designation Chairman & Chief Executive Officer
Mailing Address Aeroport Casa Anfa, Casablanca
Physical Address 00212 52 291 20 95
Pg. 555 Africa Business Directory - Ed. 2022

Phone -
Fax emploi-cadre@royalairmaroc.com
Email www.royalairmaroc.com
Website

Current Year Ranking 83

Previous Year Ranking 79
Diff -4
Company AECI
Sector Chemicals
Country South Africa
Turnover 2020 4,066.4
Net Profits 10.9
Turnover Change -0,07
CEO's Last Name Graham
CEO's First Name Edwards
Designation Chief Executive
Mailing Address Pbag X21 Gallo Manor
AECI Place,24 The
Physical Address Woodlands,Woodlands Drive, Drive,
Woodmead, Sandton
Phone 0027 11 806 8700
Fax 0027 11 806 8701
Email groupcommunication@eci.co.za
Website www.aeci.co.za

Current Year Ranking 84

Previous Year Ranking 94
Diff 10
Company The Arab Contractors
Pg. 556 Africa Business Directory - Ed. 2022

Sector Construction
Country Egypt
Turnover 2020 3,911.1
Net Profits ND
Turnover Change 0,05
CEO's Last Name Farouk
CEO's First Name Sayed
Designation President & CEO
Mailing Address 34 Adsly Street, Cairo
Physical Address 00202 23 9500
Phone 20223937674
Fax info@arabcont.com
Email www.arabcont.com
Website

Current Year Ranking 85

Previous Year Ranking 68
Diff -17
Company EgyptAir Airlines
Sector Air transport
Country Egypt
Turnover 2020 3,892.1
Net Profits -153.8
Turnover Change -0,22
CEO's Last Name Elenien
CEO's First Name Abu
Designation Chairman
Mailing Address Box 11776 Cairo
Cairo Interna- tional Airport, Beside
Physical Address
Novotel Hotel, Cairo
Pg. 557 Africa Business Directory - Ed. 2022

Phone 20222656262
Fax 20222656240
Email info@egyptair.com
Website www.egyptair.com

Current Year Ranking 86

Previous Year Ranking 90
Diff 4
Company Pioneer Foods Group*
Sector Food & Drinks
Country South Africa
Turnover 2020 3.734 4
Net Profits 65.1
Turnover Change 0,14
CEO's Last Name Carstens
CEO's First Name Tertius
Designation Managing Director
Mailing Address Box 20 Huguenot 7645
Physical Address 32 Market Street, Paarl 7646
Phone 0027 21 807 5100
Fax 0027 21 807 5280
Email info@pioneerfoods.co.za
Website www.pioneerfoods.co.za

Current Year Ranking 87

Previous Year Ranking 87
Diff 0
Company Mr Price Group
Sector Retail
Country South Africa
Pg. 558 Africa Business Directory - Ed. 2022

Turnover 2020 3,639.3

Net Profits 180.7
Turnover Change -0,05
CEO's Last Name Bird
CEO's First Name Stuart
Designation Chief Executive Officer
Mailing Address Box 912 Durban 4000
65 Masabalala Yengwa Avenue,
Physical Address
Durban
Phone 0027 31 310 8000
Fax 0027 31 304 3725
Email datkinson@mrpricegroup.com
Website www.mrpricegroup.com

Current Year Ranking 88

Previous Year Ranking 91
Diff 3
Company Kansanshi Mining
Sector Mining
Country Zambia
Turnover 2020 3,514.1
Net Profits ND
Turnover Change -0,03
CEO's Last Name Pascall
CEO's First Name Tristan
Designation Chief Executive Officer
Mailing Address Box 230022 Ndola
Physical Address 10KM North of Solwezi
Phone 00260 2 651 555
Fax 00260 2 651 553
Pg. 559 Africa Business Directory - Ed. 2022

Email sharon.loung@fqml.com
Website www.fqml.com

Current Year Ranking 89

Previous Year Ranking 89
Diff 0
Company Distell Group
Sector Food & Drinks
Country South Africa
Turnover 2020 3,389.9
Net Profits 26.9
Turnover Change -0,18
CEO's Last Name Deventer
CEO's First Name Van
Designation Managing Director
Mailing Address Box 184 Stellenbosch 7599
Aan-deWagenweg, Stellinbosch
Physical Address
7600
Phone 0027 21 809 7000
Fax 0027 21 886 4611
Email info@distell.co.za
Website www.distell.co.za

Current Year Ranking 90

Previous Year Ranking 118
Diff 28
Company Gold Fields Ghana
Sector Mining
Country Ghana
Turnover 2020 3,371.1
Pg. 560 Africa Business Directory - Ed. 2022

Net Profits 278.1

Turnover Change 0,31
CEO's Last Name Holland
CEO's First Name Nick
Designation General Manager
Mailing Address Pbag X30500 Houghton 2041
150 Helen Road, Sandowm, Sandton
Physical Address
2196
Phone 0027 11 562 9700
Fax 0027 11 562 9838
Email sven.lunsche@goldfields.co.za
Website www.goldfields.co.za

Current Year Ranking 91

Previous Year Ranking 80
Diff -11
Company Cevital
Sector Agribusiness
Country Algeria
Turnover 2020 3,283.3
Net Profits ND
Turnover Change ND
CEO's Last Name Rebrab
CEO's First Name Malik
Designation President
Cevital Building, Zhun Garidi 2 Cuba,
Mailing Address
Bejaia 16050
Physical Address 00213 21 56 38 02
Phone 00213 21 56 38 14
Fax issad.rebrab@cevital.com
Email www.cevital.dz
Pg. 561 Africa Business Directory - Ed. 2022

Website

Current Year Ranking 92

Previous Year Ranking 106
Diff 14
Company Airtel Nigeria
Sector ICT
Country Nigeria
Turnover 2020 3,164.5
Net Profits 342.9
Turnover Change 0,17
CEO's Last Name Ogunsanya
CEO's First Name Segun
Designation Chief Executive Officer
Plot L2 Banana Island, Fore-shore
Mailing Address
Estate, Ikoyi, Lagos
Physical Address 00234 0 802 190 0000
Phone 00234 1 320 0477
Fax info.africa@airtel.com
Email www.africa.airtel.com
Website

Current Year Ranking 93

Previous Year Ranking 92
Diff -1
Company Ghabbour Auto
Sector Auto industry
Country Egypt
Turnover 2020 3.1182
Net Profits 70.8
Pg. 562 Africa Business Directory - Ed. 2022

Turnover Change 0,06

CEO's Last Name Ghabbour
CEO's First Name Raouf
Designation Chairman and Managing Director
Mailing Address Box 60 Smart Village
Physical Address
Phone
Fax
Email
Website

Current Year Ranking 94

Previous Year Ranking 78
Diff -16
Company Kap International Holdings
Sector Diversified
Country South Africa
Turnover 2020 3,102.6
Net Profits -146.4
Turnover Change -0,19
CEO's Last Name Schouten
CEO's First Name Paul
Designation Chief Executive Officer
Mailing Address Box 3639 Paarl 7620
1st floor, New Link Centre, 1 New Street
Physical Address
Paarl 7646
Phone 0027 21 872 8726
Fax 0027 21 872 9064
Email info@kapinternational.com
Website www.kapinternational.com
Pg. 563 Africa Business Directory - Ed. 2022

Current Year Ranking 95

Previous Year Ranking 86
Diff -9
Company Blue Label Telecoms
Sector ICT
Country South Africa
Turnover 2020 2,949.0
Net Profits 14.9
Turnover Change -0,13
CEO's Last Name Nestadt
CEO's First Name Larry
Designation Chairman
Mailing Address P.O. Box 652261, Benmore, 2010
75 Grayston Drive (Corner of
Grayston Drive & Benmore Drive)
Physical Address
Morningside Extension 05, Sandton,
Johannesburg, South Africa
Phone 115233030
Fax 115233001
Email Customerq@blts.co.za
Website www.bluelabeltelecoms.co.za

Current Year Ranking 96

Previous Year Ranking 124
Diff 28
Company Kibali Gold Mine
Sector Mining
Country DRC
Turnover 2020 2,943.3
Net Profits 194.0
Pg. 564 Africa Business Directory - Ed. 2022

Turnover Change 0,28

CEO's Last Name Bristow
CEO's First Name Mark
Designation Chairman & CEO
Mailing Address
4239, Avenue Tombal Baye 3eme
Etage de l’Immeuble Le Prestige
Physical Address
Commune de la Gombe Ville de
Kinshasa
Phone 00243 81 253 24 41
Fax
Email
Website www.barrick.com

Current Year Ranking 97

Previous Year Ranking 76
Diff -21
Company Aven
Sector Diversified
Country South Africa
Turnover 2020 2,939.4
Net Profits -76.1
Turnover Change -0,22
CEO's Last Name
CEO's First Name
Designation
Mailing Address
Physical Address
Phone
Fax
Email
Pg. 565 Africa Business Directory - Ed. 2022

Website

Current Year Ranking 98

Previous Year Ranking 99
Diff 1
Company Murray & Roberts Holdings
Sector Construction
Country South Africa
Turnover 2020 2,832.8
Net Profits -25.3
Turnover Change -0,01
CEO's Last Name Wells
CEO's First Name Mike
Designation Chief Executive Officer
Mailing Address Box 3010 Bedfordview 2007
Douglas Robert Centre, 22 Skeen
Physical Address
Boulevard Bedfordview 2007
Phone 0027 11 201 5000
Fax 0027 11 201 5500
Email info.cementation@murrob.com
Website www.cementation.murrob.com

Current Year Ranking 99

Previous Year Ranking -
Diff -
Company Rustenburg
Sector Mining
Country South Africa
Turnover 2020 2,699.3
Net Profits 35.3
Pg. 566 Africa Business Directory - Ed. 2022

Turnover Change 0,87

CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Fax -
Email -
Website -

Current Year Ranking 100

Previous Year Ranking 102
Diff 2
Company Katanga Mining Ltd*
Sector Mining
Country DRC
Turnover 2020 2,691.5
Net Profits 923.3
Turnover Change 0,1
CEO's Last Name Davis
CEO's First Name Mark
Designation Chief Executive Officer
Mailing Address -
N/A Suite 301 - 303 Alexander Street
Physical Address
Whitehorse, Yukon Y1A2L5
Phone 41417667110
Fax 41417667118
Email ir@katangamining.com
Website www.katangamining.com
Pg. 567 Africa Business Directory - Ed. 2022

Current Year Ranking 101

Previous Year Ranking 121
Diff 20
Company Compagnie Ivoirienne d'Electricité
Sector Utilities
Country Côte d'Ivoire
Turnover 2020 1,351.3
Net Profits 30.2
Turnover Change 0,19
CEO's Last Name Bakayoko
CEO's First Name Ahmadou
Designation President
Mailing Address Box 6923 Abidjan 01
Physical Address 1 Ave Chris- tiani, Treichville 1
Phone 00225 21 23 33 00
Fax 00225 21 23 63 22
Email contact@cie.ci
Website www.cie.ci

Current Year Ranking 102

Previous Year Ranking 104
Diff 2
Company Mohammed Enterprises Tanzania*
Sector Retail
Country Tanzania
Turnover 2020 1,334.0
Net Profits ND
Turnover Change 0,04
Pg. 568 Africa Business Directory - Ed. 2022

CEO's Last Name DEWJI

CEO's First Name MOHAMED
Designation Chief Executive Officer & President
P.O BOX 20660, DAR ES SALAAM,
Mailing Address
TANZANIA.
20TH FLOOR, GOLDEN JUBILEE TOWERS,
Physical Address
OHIO STREET
Phone 00255 22 212 28 30
Fax -
Email info@metl.net
Website https://www.metl.net/

Current Year Ranking 103

Previous Year Ranking 81
Diff -22
Company Cosider
Sector Construction
Country Algeria
Turnover 2020 1,288.7
Net Profits ND
Turnover Change -0,26
CEO's Last Name Rekhroukh
CEO's First Name Lakhdar
Designation President & Director General
Mailing Address -
Site SIDER, 7 Chemins du Paradou
Physical Address Street, Bir Mourad Rais, Hydra Area,
Algiers 16000
Phone 00213 21 482 446
Fax 00213 21 692 857
Email groupe@cosider-groupe.dz
Pg. 569 Africa Business Directory - Ed. 2022

Website www.cosider-groupe.dz

Current Year Ranking 104

Previous Year Ranking 95
Diff -9
Company Network Healthcare Holdings
Sector Healthcare
Country South Africa
Turnover 2020 1,285.7
Net Profits 30
Turnover Change -0,16
CEO's Last Name Dicus-Johnson
CEO's First Name Coreen
Designation Chief Executive Officer
Mailing Address PBag X34 Benmore 2010
Physical Address 76 Maude Street Sandton 2146
Phone 0027 11 301 0000
Fax 0027 11 301 0499
Email customer.service@netcare.co.za
Website www.netcare.co.za

Current Year Ranking 105

Previous Year Ranking 108
Diff 3
Company SNH
Sector Petroleum
Country Cameroon
Turnover 2020 1,275.4
Net Profits 754.3
Turnover Change 0,23
Pg. 570 Africa Business Directory - Ed. 2022

CEO's Last Name Moudiki

CEO's First Name Adolphe
Designation Administrator and Director General
Mailing Address Box 955 Yaounde
Physical Address Siege Yaounde
Phone 00237 22 20 19 10
Fax 00237 22 20 98 69
Email info@snh.cm
Website www.snh.cm

Current Year Ranking 106

Previous Year Ranking 114
Diff 8
Company Afinitas Limited
Sector Financial services
Country Botswana
Turnover 2020 1.224.0
Net Profits -741.0
Turnover Change 0,72
CEO's Last Name Leutlwetse
CEO's First Name Tumelo
Designation Director, Executive Director
P.O. Box Ae 133 Aeh Gaborone; South-
Mailing Address
East
Unit 58, The Office, Showgrounds
Physical Address
Office Park,Plot 64517
Phone 2673184075
Fax
Email event@afsic.net
https://www.afsic.net/afinitas-
Website
botswana/
Pg. 571 Africa Business Directory - Ed. 2022

Current Year Ranking 107

Previous Year Ranking 128
Diff 21
Company Label° Vie
Sector Retail
Country Morocco
Turnover 2020 1,222.6
Net Profits 32.8
Turnover Change 0,14
CEO's Last Name Bennani
CEO's First Name Zouhaïr
Designation President
Mailing Address -
Angle Ave Mehdi Ben Barka & Ave
Physical Address Annakhil, Espaces les lau- riers, Hay
Riad, Rabat
Phone 00212 537 56 95 95
Fax 2125375696
Email contact@labelvie.ma
Website www.labelvie.ma

Current Year Ranking 108

Previous Year Ranking 152
Diff 44
Company SNIM
Sector Mining
Country Mauritania
Turnover 2020 1,220.0
Net Profits 579.0
Pg. 572 Africa Business Directory - Ed. 2022

Turnover Change 0,39

CEO's Last Name El Moctar
CEO's First Name Brahim Mohamed
Designation Administrator and Director General
Mailing Address Box 42 Nouadhibou
Physical Address Nouadhibou
Phone 2225745174
Fax 2225745396
Email snim@snim.com
Website www.snim.com

Current Year Ranking 109

Previous Year Ranking 96
Diff -13
Company Ethio Telecom
Sector ICT
Country Ethiopia
Turnover 2020 1,217.8
Net Profits ND
Turnover Change -0,18
CEO's Last Name Frehiwot
CEO's First Name Tamiru
Designation Chief Executive Officer
Mailing Address P.O.Box:1047
Churchill Avenue, Lideta Sub-City,
Physical Address Woreda 10, Addis-Ababa, Ethiopia,
Ethio Telecom HQ Building
Phone 115510500
Fax
Email Email:http://994@ethionet.et
Pg. 573 Africa Business Directory - Ed. 2022

Website https://www.ethiotelecom.et/

Current Year Ranking 110

Previous Year Ranking 105
Diff -5
Company Omnia Holdings
Sector Chemica's
Country South Africa
Turnover 2020 1,213.8
Net Profits 44.9
Turnover Change 0,04
CEO's Last Name Gobalsamy
CEO's First Name Seelan
Designation Group Managing Director
Mailing Address Box 69888 Bryanston 2021
Omnia House, 13 Sloane Street,
Physical Address
Epsom Downs, Bryanston
Phone 0027 11 709 8888
Fax 0027 11 706 4022
Email info@omnia.co.za
Website www.omnia.co.za

Current Year Ranking 111

Previous Year Ranking 125
Diff 14
Company Kenya Power and Lighting
Sector Utilities
Country Kenya
Turnover 2020 1,212.7
Net Profits -8,5
Pg. 574 Africa Business Directory - Ed. 2022

Turnover Change -0,07

CEO's Last Name Oduor
CEO's First Name Rosemary
Designation Managing Director
Mailing Address -
Physical Address
Phone 00254 20 320 1680
Fax
Email customercarenairobi@kplc.co.ke
Website www.kplc.co.ke

Current Year Ranking 112

Previous Year Ranking 134
Diff 22
Company Société des Mines de Loulo
Sector Mining
Country Mali
Turnover 2020 1,208.0
Net Profits ND
Turnover Change 0,2
CEO's Last Name Coulibaly
CEO's First Name Abass
Designation General Manager
Mailing Address Box E1160 Bamako
Faladie, 6448 Avenue de l’OUA,
Physical Address
Bamako
Phone 00223 21 51 30 00
Fax 00223 21 51 30 04
Email info@randgoldresources.com
Website www.barrick.com
Pg. 575 Africa Business Directory - Ed. 2022

Current Year Ranking 113

Previous Year Ranking 109
Diff -4
Company Total Maroc
Sector Petroleum
Country Morocco
Turnover 2020 1,196.6
Net Profits 48.7
Turnover Change -0,06
CEO's Last Name Rhnimi
CEO's First Name Abdesslam
Designation Senior Vice President
Mailing Address -
146, Boulevard Mohamed Zerktouni,
Physical Address
Casablanca
Phone 00212 22 22 471
Fax 00212 22 27 4852
Email webmster@total.co.ma
Website www.total.ma

Current Year Ranking 114

Previous Year Ranking 117
Diff 3
Company Sonabhy*
Sector Petroleum
Country Burkina Faso
Turnover 2020 1.186.7
Net Profits 71.6
Turnover Change 0,1
Pg. 576 Africa Business Directory - Ed. 2022

CEO's Last Name Kaboré

CEO's First Name Hilaire
Designation Director General
Mailing Address 01 Box 4394 Oua- gadougou
Physical Address
Phone 00226 50 43 00 01
Fax 00226 50 43 01 74
Email sonabhy.bobo@sonabhy.bf
Website www.sonabhy.bf

Current Year Ranking 115

Previous Year Ranking 111
Diff -4
Company Vivo Energy Kenya
Sector Petroleum
Country Kenya
Turnover 2020 1,181.0
Net Profits ND
Turnover Change -0,06
CEO's Last Name Daly
CEO's First Name John
Designation Chairman
Mailing Address P.O Box 43561 100 Nairobi Kenya
Vienna Court, East Wing State House
Physical Address
Crescent Off State House Avenue
Phone + 254 70 307 5555
Fax
Email
https://www.vivoenergy.com/Where
Website
-we-Operate/Kenya/
Pg. 577 Africa Business Directory - Ed. 2022

Current Year Ranking 116

Previous Year Ranking 135
Diff 19
Company MTN Ghana
Sector ICT
Country Ghana
Turnover 2020 1176.6
Net Profits ND
Turnover Change 0,2
CEO's Last Name Adadevoh
CEO's First Name Selorm
Designation Chief Executive Officer
Box 281 International Trade Fair,
Mailing Address
Accra
Scancom Limited, Plot No.17&19, Ridge
Physical Address Towers, 10th-12th floor, 6th Avenue,
Ridge, Accra
Phone 00233 24 43000
Fax 00233 21 231 974
Email info@mtn.com.gh
Website www.mtn.com.gh

Current Year Ranking 117

Previous Year Ranking 119
Diff 2
Company Axian Group
Sector Diversified
Country Madagascar
Turnover 2020 1.145.0
Net Profits 70.0
Turnover Change 0,01
Pg. 578 Africa Business Directory - Ed. 2022

CEO's Last Name HIRIDJEE

CEO's First Name HASSANEIN
Designation Chief Executive Officer
Mailing Address BP 12007
KUBE D, Zone Galaxy, Andraharo
Physical Address
Tananarive, 101, Madagascar
Phone +261 20 22 368 68
Fax
Email contact@axian-group.com
Website https://www.axian-group.com/

Current Year Ranking 118

Previous Year Ranking 100
Diff -18
Company massaiscounters
Sector Retail
Country South Africa
Turnover 2020 1,140.9
Net Profits ND
Turnover Change -0,19
CEO's Last Name
CEO's First Name
Designation
Mailing Address -
Physical Address
Phone
Fax
Email
Website
Pg. 579 Africa Business Directory - Ed. 2022

Current Year Ranking 119

Previous Year Ranking 146
Diff 27
Company Etisalat Misr
Sector ICT
Country Egypt
Turnover 2020 1,135.2
Net Profits ND
Turnover Change 0,22
CEO's Last Name Gamal
CEO's First Name El Sadat
Designation Chairman
Mailing Address P.O Box 11, S4,
Down Town, 90th Street, 5th
Physical Address
Compound, New Cairo, Egypt
Phone 02 3534 6 333
Fax
Email
https://www.etisalat.eg/etisalat/port
Website
al/about_us_en

Current Year Ranking 120

Previous Year Ranking 127
Diff 7
Company Rand Water
Sector Utilities
Country South Africa
Turnover 2020 1120.6
Net Profits 261.8
Turnover Change 0,03
Pg. 580 Africa Business Directory - Ed. 2022

CEO's Last Name Mosai

CEO's First Name Sipho
Designation Chief Executive Officer
Mailing Address Box 1127 Johannes- burg 2000
Physical Address 522 Impala Road Glenvista 2058
Phone 0027 11 682 911
Fax 0027 11 682 0444
Email jmoloi@randwater.co.za
Website www.randwater.co.za

Current Year Ranking 121

Previous Year Ranking 165
Diff 44
Company Orange Côte d'Ivoire
Sector ICT
Country Côte d'Ivoire
Turnover 2020 1.118.3
Net Profits ND
Turnover Change 0,36
CEO's Last Name Bamba
CEO's First Name Mamadou
Designation Chief Executive Officer
Mailing Address 11 BP 202 Abidjan 11
Abidjan, Marcory, Boulevard Valéry
Physical Address Giscard d’Estaing,, Immeuble « Le
Quartz »,
Phone +225 27 21 2 30707
Fax 2721358592
serviceconsommateur.oci@orange.
Email
com
Website https://www.orange.ci/
Pg. 581 Africa Business Directory - Ed. 2022

Current Year Ranking 122

Previous Year Ranking 107
Diff -15
Company Truworths International
Sector Retail
Country South Africa
Turnover 2020 1,117.5
Net Profits -46.1
Turnover Change -0,2
CEO's Last Name Mark
CEO's First Name Michael
Designation Chief Executive Officer
Mailing Address Box 4775 Cape Town 8000
Physical Address No. 1 Mostert Street, Cape Town 8001
Phone 0027 21 460 2300
Fax 0027 21 460 7277
Email services@truworths.co.za
Website www.truworths.co.za

Current Year Ranking 123

Previous Year Ranking 149
Diff 26
Company Orange Egypt
Sector ICT
Country Egypt
Turnover 2020 1,094.4
Net Profits ND
Turnover Change 0,23
CEO's Last Name Shaker
Pg. 582 Africa Business Directory - Ed. 2022

CEO's First Name Yasser

Designation Chief Executive Officer
Mailing Address 11221
2005C, Cornishe El-Nil, Ramlet
Physical Address
Boulaq. Cairo, Egypt.
Phone 16333
Fax 1223205860
Email info@orange.com
Website https://dsl.orange.eg/ar/

Current Year Ranking 124

Previous Year Ranking 98
Diff -26
Company Vivo Energy Maroc
Sector Petroleum
Country Morocco
Turnover 2020 1,075.0
Net Profits ND
Turnover Change -0,27
CEO's Last Name Mittelman
CEO's First Name Stan
Designation Chief Executive Officer
Mailing Address -
Immeuble le Zenith II Lotissement
Physical Address Attaoufik, Rte de Nouasseur,
Casablanca, Maroc
Phone +212 5229-72727
Fax
Email hind.mejjatialami@vivoenergy.com
https://www.vivoenergy.com/fr-
Website
FR/Nos-Sites/Maroc/
Pg. 583 Africa Business Directory - Ed. 2022

Current Year Ranking 125

Previous Year Ranking 116
Diff -9
Company Allied Electronics Corporation
Sector Electrical equip.
Country South Africa
Turnover 2020 1,054.4
Net Profits 66.1
Turnover Change -0,11
CEO's Last Name Nyati
CEO's First Name Mteto
Designation Chief Executive
Mailing Address Box 981 Houghton 2041
Altron House 4 Sherbourne Road
Physical Address
Parktown 2193
Phone 0027 11 645 3600
Fax 0027 11 726 5778
Email info@altron.co.za
Website www.altron.co.za

Current Year Ranking 126

Previous Year Ranking 224
Diff 98
Company IHS Towers Group
Sector ICT
Country Mauritius
Turnover 2020 1.037.6
Net Profits -166.8
Turnover Change 0,79
Pg. 584 Africa Business Directory - Ed. 2022

CEO's Last Name Darwish

CEO's First Name Sam
Chief Executive Officer and
Designation
Chairperson
Mailing Address 11602
C/O CKLB International Management
Physical Address
Ltd Port Louis, 11602 Mauritius
Phone 230 40 58 800
Fax
Email
Website https://www.ihstowers.com/

Current Year Ranking 127

Previous Year Ranking 130
Diff 3
Company IBL Group
Sector Diversified
Country Mauritius
Turnover 2020 1,037.2
Net Profits 34.6
Turnover Change -0,01
CEO's Last Name Lagesse
CEO's First Name Arnaud Marie Cyril
Group Chief Executive Officer &
Designation
Executive Director
Mailing Address -
IBL House, Caudan Waterfront MU-
Physical Address
Port-Louis
Phone 2302032000
Fax 2302032002
Email
Pg. 585 Africa Business Directory - Ed. 2022

Website https://www.iblgroup.com

Current Year Ranking 128

Previous Year Ranking 132
Diff 4
Company Marjane Holding*
Sector Retail
Country Morocco
Turnover 2020 1,036.4
Net Profits 44.1
Turnover Change -0,03
CEO's Last Name Azami
CEO's First Name Ayoub
Designation President & Director General
Mailing Address -
Marjane Holding Buiding, 1029
Physical Address Bouskoura Street, Ain Chock Area
20500 Casablanca
Phone 00212 5 22 21 62 29
Fax 00212 5 22 21 16 60
Email msebti@marjane.co.ma
Website www.marjane.ma

Current Year Ranking 129

Previous Year Ranking 120
Diff -9
Company Comilog
Sector Mining
Country Gabon
Turnover 2020 1,030.4
Pg. 586 Africa Business Directory - Ed. 2022

Net Profits 22.3

Turnover Change 0,04
CEO's Last Name Batolo
CEO's First Name Léod-Paul
Designation Director General
Mailing Address Box 2728 Moanda
Physical Address Industrial Zone Moanda
Phone 00241 66 1000
Fax 00241 66 1157
andre.massard@erametcomilog.co
Email
m
Website www.erametcomilog.com

Current Year Ranking 130

Previous Year Ranking 202
Diff 72
Company Tongaat-Hulett Group
Sector Food & Drinks
Country South Africa
Turnover 2020 1.017.9
Net Profits ND
Turnover Change -0,07
CEO's Last Name Staude
CEO's First Name Peter
Designation Chief Executive
Mailing Address Box 3 Ton- gaat 4400
Amanzimnyama House, Tongaat
Physical Address
4400
Phone 0027 32 439 4016
Fax 0027 32 944 5215
Email elaine.bradshaw@tongaat.co.za
Pg. 587 Africa Business Directory - Ed. 2022

Website www.tongaat.co.za

Current Year Ranking 131

Previous Year Ranking 122
Diff -9
Company Alviva Holdings
Sector Electrical equip.
Country South Africa
Turnover 2020 1,010.1
Net Profits 9,3
Turnover Change -0,11
CEO's Last Name Spies
CEO's First Name Pierre
Designation Chief Executive Officer
Mailing Address P.O. Box 483, Halfway House, 1685
International Business Gateway Park,
Physical Address Corner of New Road and 6th Road,
Midrand, Johannesburg
Phone +27 (0)10 329 3000
Fax
Email
Website https://www.alvivaholdings.com/

Current Year Ranking 132

Previous Year Ranking 140
Diff 8
Company Holmarcom Group
Sector Diversified
Country Morocco
Turnover 2020 1,002.1
Pg. 588 Africa Business Directory - Ed. 2022

Net Profits ND
Turnover Change 0,04
CEO's Last Name Bensalah
CEO's First Name Mohamed Hassan
Designation President & Director General
Box 83 Aeroport Mohammed V,
Mailing Address
Casa- blanca
20, Rue Musta- pha El Maani,
Physical Address
Casablanca 20080
Phone 00212 5 22 31 07 01
Fax 00212 5 22 31 37 44
Email holmarcom@holmarcom.ma
Website www.holmarcom.ma

Current Year Ranking 133

Previous Year Ranking 138
Diff 5
Company PetroSA
Sector Petroleum
Country South Africa
Turnover 2020 9737
Net Profits -396.8
Turnover Change 0,16
CEO's Last Name Naidoo
CEO's First Name Pragasen
Designation Group CEO
Mailing Address PBag X5 Parow 7499
Physical Address 151 Frans Conradie Drive Parow 7500
Phone 0027 21 929 3000
Fax 0027 21 929 3144
Email petrosa@petrosa.co.z
Pg. 589 Africa Business Directory - Ed. 2022

Website www.petrosa.co.za

Current Year Ranking 134

Previous Year Ranking 110
Diff -24
Company Tullow Oil Ghana
Sector Petroleum
Country Ghana
Turnover 2020 963.5
Net Profits ND
Turnover Change -0,24
CEO's Last Name Dhir
CEO's First Name Rahul
Designation Chief Executive Officer
Mailing Address -
Motorway extension, 70 George W.
Physical Address Bush Hwy, Highway North Dzorwulu
Accra, Ghana
Phone +233 30 274 2200
Fax 233 (0) 302 742 300
Email info@tullowoil.com
https://www.tullowoil.com/our-
Website
operations/africa/ghana/

Current Year Ranking 135

Previous Year Ranking 142
Diff 7
Company Astral Foods
Sector Agribusiness
Country South Africa
Turnover 2020 962 3
Pg. 590 Africa Business Directory - Ed. 2022

Net Profits 38.3

Turnover Change 0
CEO's Last Name Schutte
CEO's First Name Chris
Designation Chief Executive Officer
Postnet Suite 278, PBag X1028
Mailing Address
Doringkloof 140
92 Koranna Avenue, Doring-kloof,
Physical Address
Centurion 157
Phone 0027 12 667 5468
Fax 0027 86 504 2002
Email maryna.eloff@astralfoods.com
Website www.astralfoods.com

Current Year Ranking 136

Previous Year Ranking 141
Diff 5
Company PSG Group
Sector Financial services
Country South Africa
Turnover 2020 960.3
Net Profits 182.3
Turnover Change 0,06
CEO's Last Name Piet
CEO's First Name Mouton
Designation Chief Executive Officer
Mailing Address PO Box 7403, Stellenbosch, 7599
1st Floor, Ou Kollege, 35 Kerk Street,
Physical Address
Stellenbosch, 7600
Phone +27 21 887 9602
Fax
Pg. 591 Africa Business Directory - Ed. 2022

Email investor.relations@psggroup.co.za
Website https://psggroup.co.za/

Current Year Ranking 137

Previous Year Ranking 158
Diff 21
Company Cosumat
Sector Agribusiness
Country Morocco
Turnover 2020 958.1
Net Profits 95.2
Turnover Change 0,13
CEO's Last Name Mounir
CEO's First Name Hassan
Designation Chief Executive Officer
BP3098 20 000 Roches Noires
Mailing Address
Casablanca; Maroc
Physical Address 8 rue El Mouatamid Ibnou Abbad
Phone +212 (0)5 22 67 83 00
Fax +212 (0)5 22 24 10 71
Email
Website https://www.cosumar.co.ma/

Current Year Ranking 138

Previous Year Ranking 133
Diff -5
Company Massbuild
Sector Construction
Country South Africa
Turnover 2020 950.2
Pg. 592 Africa Business Directory - Ed. 2022

Net Profits ND
Turnover Change -0,06
CEO's Last Name Walters
CEO's First Name Llewellyn
Designation Divisional CEO
Mailing Address PBag X4 Sunninghill 2157
16 Peltier Drive Sunninghill Ext 6,
Physical Address
Sandton 2191
Phone 0027 11 517 0
Fax 0027 11 517 0020
Email info@massmart.co.za
Website www.massmart.co.za

Current Year Ranking 139

Previous Year Ranking 123
Diff -16
Company Mota-Engil Africa
Sector Construction
Country South Africa
Turnover 2020 934.9
Net Profits ND
Turnover Change -0,17
CEO's Last Name Rodrigues
CEO's First Name Gilberto
Designation Chief Executive Officer
P.O Box 14786, Bredell, 1623, Gauteng,
Mailing Address
South Africa
66 WIERDA ROAD EAST SANDTON,
Physical Address
SANDTON, Gauteng 2196, ZA
Phone 27 11 392 3664 / 11 966 9280
Fax +27 (0) 11 783 0054
Pg. 593 Africa Business Directory - Ed. 2022

info.mota-engil.africa@mota-
Email
engil.com
https://www.mota-
Website engil.com/en/mota-engil-in-the-
world/africa/

Current Year Ranking 140

Previous Year Ranking 154
Diff 14
Company Sonatel Orange
Sector ICT
Country Senegal
Turnover 2020 930 1
Net Profits ND
Turnover Change 0,06
CEO's Last Name Dramé
CEO's First Name Sekou
Designation Director General
Mailing Address Box 69 Dakar
Physical Address 46 Boulevard of the Republic, Dakar
Phone 00221 33 839 2100
Fax 00221 33 860 5824
nafissatou.diouf@orange-
Email
sonatel.com
Website www.sonatel.sn

Current Year Ranking 141

Previous Year Ranking 192
Diff 51
Company Tarkwa Mines
Sector Mining
Pg. 594 Africa Business Directory - Ed. 2022

Country Ghana
Turnover 2020 927.7
Net Profits 173.5
Turnover Change 0,29
CEO's Last Name Alhassan
CEO's First Name Mubarak
Designation General Manager
Mailing Address Pbag X30500 Houghton 2041
150 Helen Road, Sandown Sandton
Physical Address
2196
Phone 0027 11 562 9700
Fax 0027 11 562 9838
Email sven.lunsche@goldfields.co.za
Website www.goldfields.co.za

Current Year Ranking 142

Previous Year Ranking 157
Diff 15
Company Eastern Company
Sector Agribusiness
Country Egypt
Turnover 2020 917.5
Net Profits 240.7
Turnover Change 0,06
CEO's Last Name Hany
CEO's First Name Aman
Designation Chairman and Managing Director
Mailing Address Box 1543 Cairo
Physical Address 450 Al-Ahram Street, Giza
Phone 0020 2 3572 4711
Pg. 595 Africa Business Directory - Ed. 2022

Fax 0020 2 3568 7434

Email eastern@easternegypt.com
Website www.easternegypt.com

Current Year Ranking 143

Previous Year Ranking 246
Diff 103
Company Royal Bafokeng Platinum
Sector Mining
Country South Africa
Turnover 2020 9129
Net Profits 240.8
Turnover Change 0,71
CEO's Last Name Phiri
CEO's First Name Steve
Designation Chief Executive Officer
Mailing Address P O Box 2283 Fourways 2055
No 1 Monte Casino Boulevard Block C
Physical Address
4th floor Fourways
Phone +27 (0) 10 590 4510
Fax 0862 109 421
Email
https://www.bafokengplatinum.co.z
Website
a/

Current Year Ranking 144

Previous Year Ranking 147
Diff 3
Company Renault Commerce Mame*
Sector Auto industry
Country Morocco
Pg. 596 Africa Business Directory - Ed. 2022

Turnover 2020 910.9

Net Profits ND
Turnover Change 0,06
CEO's Last Name Bachiri
CEO's First Name Mohamed
Designation President & Director General
Mailing Address -
44, Avenue Khalid Bnouh- oualid, Ain
Physical Address
Sebaa, 20250 Casablanca
Phone 00212 22 349 700
Fax 00212 22 31 20 35
Email contact.com@renault. com
Website www.renault.ma

Current Year Ranking 145

Previous Year Ranking 139
Diff -6
Company Anglovaal Industries
Sector Food & Drinks
Country South Africa
Turnover 2020 901.3
Net Profits 132.9
Turnover Change -0,04
CEO's Last Name Menell
CEO's First Name Brian
Designation Chief Executive Officer
Mailing Address Box 1897 Saxonwold 2132
Physical Address 2 Harries Road Illovo 2196
Phone 0027 11 502 1300
Fax 0027 11 502 1301
Pg. 597 Africa Business Directory - Ed. 2022

Email info@avi.co.za
Website www.avi.co.za

Current Year Ranking 146

Previous Year Ranking 188
Diff 42
Company Talaat Moustafa Group
Sector Construction
Country Egypt
Turnover 2020 894.2
Net Profits 104.7
Turnover Change 0,22
CEO's Last Name Hisham
CEO's First Name Talaat Mostafa
Designation Chairman and Managing Director
Mailing Address -
Physical Address 34/36 Mus- sadak Street, Cairo
Phone 20233016701
Fax 00202 333 621 98
Email tmgh@tmg.com.eg
Website www.talaatmoustafa.com

Current Year Ranking 147

Previous Year Ranking 136
Diff -11
Company Transnet Port Terminals
Sector Ports
Country South Africa
Turnover 2020 893.4
Net Profits ND
Pg. 598 Africa Business Directory - Ed. 2022

Turnover Change -0,09

CEO's Last Name Dube
CEO's First Name Velile
Designation Chief Executive Officer
Mailing Address Box 10124 Marine Pa- rade 4056
Transnet Port Terminals Head Officce,
Physical Address King- smead Office Park, Stalwart
Simelane Street, Durban 4001
Phone 0027 31 308 8333
Fax No Fax
Email sibongile.mbatha@transnet.net
Website www.transnetportterminals.net

Current Year Ranking 148

Previous Year Ranking 151
Diff 3
Company Pétrole du Maghreb*
Sector Petroleum
Country Morocco
Turnover 2020 884.7
Net Profits ND
Turnover Change 0,01
CEO's Last Name BOUAIDA
CEO's First Name Ahmed
Designation Chief Executive Officer
Mailing Address -
Immeuble Petrom 7, Lotissement La
Physical Address Colline 2 Sidi Maarouf -20270 -
Casablanca
Phone 05-22-31-01-71
Fax 05-22-31-89-92
Pg. 599 Africa Business Directory - Ed. 2022

Email contact@petrom.ma
Website http://petrom.ma/

Current Year Ranking 149

Previous Year Ranking 150
Diff 1
Company Nigerian Breweries
Sector Food & Drinks
Country Nigeria
Turnover 2020 879.7
Net Profits 19.2
Turnover Change -0,01
CEO's Last Name Essaadi
CEO's First Name Hans
Designation Managing Director & CEO
Mailing Address Box 545 Lagos
Iganmu House, Abebe Village Road,
Physical Address
Iganmu
Phone 00234 1 271 7400
Fax 00234 1 61 7682
Email info@nbplc.com
Website www.nbplc.com

Current Year Ranking 150

Previous Year Ranking 153
Diff 3
Company PGI Holding - Amen Group*
Sector Diversified
Country Tunisia
Turnover 2020 879.4
Pg. 600 Africa Business Directory - Ed. 2022

Net Profits 87.3

Turnover Change 0,2
CEO's Last Name Ben Yedder
CEO's First Name Karim
Designation Chief Executive Officer
Mailing Address -
150 Avenue De La Liberté Tunis
Physical Address Belvedere, Tunis Avenue Mohamed V
- 1002 Tunis
Phone +216 71 148 000
Fax 21671785163
Email
https://www.amenbank.com.tn/fr/id
Website
entite-groupe.html

Current Year Ranking 151

Previous Year Ranking -
Diff -
Company Majid Al Futtaim Exypt
Sector Retail
Country Egypt
Turnover 2020 877.9
Net Profits ND
Turnover Change 0,05
CEO's Last Name Rake
CEO's First Name Michael
Designation Chairman
Mailing Address -
X8J8+P8W, El-Basatin Sharkeya, El
Physical Address
Basatin, Cairo Governorate, Égypte
Phone +971 4 294 9999
Pg. 601 Africa Business Directory - Ed. 2022

Fax
Email
Website https://www.majidalfuttaim.com/en

Current Year Ranking 152

Previous Year Ranking 209
Diff 57
Company Zimplats Holdings
Sector Mining
Country Zimbabwe
Turnover 2020 868.9
Net Profits 261.8
Turnover Change 0,38
CEO's Last Name DR MUFAMAD
CEO's First Name FHOLISANI SYDNEY
Designation Chairman
Mailing Address P O Box 6380, Harare, Zimbabwe
1st Floor South Block Borrowdale
Physical Address
Office Park, Harare, Zimbabwe
Phone +263 242 886 878-85
Fax +263 242 886 876/7
Email
Website https://www.zimplats.com/

Current Year Ranking 153

Previous Year Ranking 162
Diff 9
Company Johannesburg Water Company
Sector Utilities
Country South Africa
Pg. 602 Africa Business Directory - Ed. 2022

Turnover 2020 868.3

Net Profits 70.8
Turnover Change 0,04
CEO's Last Name NTSHAVHENI
CEO's First Name MUKWEVHO
Managing Director and Executive
Designation
Director
Mailing Address -
Turbine Hall 65, Ntemi Piliso Street
Physical Address
Newtown, Johannesburg
Phone 27 (0) 11 688 1400
Fax
Email customer@jwater.co.za.
https://www.johannesburgwater.co.z
Website
a/

Current Year Ranking 154

Previous Year Ranking 143
Diff -11
Company Taqa Morocco
Sector Utilities
Country Morocco
Turnover 2020 864.7
Net Profits 97.7
Turnover Change 0,08
CEO's Last Name Houssaini
CEO's First Name A, Iraqui
Designation Chairman & Chief Executive Officer
B.P 99 – Sidi Bouzid – El Jadida –
Mailing Address
Maroc
Centrale Thermique Jorf Lasfar/ 29
Physical Address
Lotissement Guynemer, route d'El
Pg. 603 Africa Business Directory - Ed. 2022

Jadida-Oasis-20410 Casablanca,
Maroc
Phone +212 523 389 000
Fax +212 523 345 375
Email
Website https://www.taqamorocco.ma/

Current Year Ranking 155

Previous Year Ranking 155
Diff 0
Company The Industrial Development Corp.
Sector Institutions
Country South Africa
Turnover 2020 853,1
Net Profits -2.3
Turnover Change -2%
CEO's Last Name Mabuza
CEO's First Name Busi
Designation Chairperson of the Board
Mailing Address PO Box 784055, Sandton, 2146
Physical Address 19 Fredman Drive, Sandown
Phone 112693000
Fax
Email media@idc.co.za
Website https://www.idc.co.za/

Current Year Ranking 156

Previous Year Ranking 164
Diff 8
Company Poulina Group Holding
Pg. 604 Africa Business Directory - Ed. 2022

Sector Diversified
Country Tunisia
Turnover 2020 850.4
Net Profits 2.8
Turnover Change 0,03
CEO's Last Name Bouricha
CEO's First Name Khaled
Designation President
Mailing Address Box 2034 Ezzahra,Tunis
Physical Address GP 1KM 12, Ezzahra
Phone 00216 71 45 45 45
Fax 00216 71 45 21 89
Email grh@poulina.com.tn
Website www.poulinagroupholding.com

Current Year Ranking 157

Previous Year Ranking 198
Diff 41
Company African Rainbow Minerals
Sector Mining
Country South Africa
Turnover 2020 845.1
Net Profits 343.5
Turnover Change 0,24
CEO's Last Name Schmidt
CEO's First Name Mike
Designation Chief Executive Officer
Mailing Address Box 786136 Sandton 2196
ARM House 29 Impala Road
Physical Address
Chislehurston 2196
Pg. 605 Africa Business Directory - Ed. 2022

Phone 0027 11 779 1300

Fax 0027 11 779 1312
Email alyson.doyley@arm.co.za
Website www.arm.co.za

Current Year Ranking 158

Previous Year Ranking 160
Diff 2
Company Algérie Télécom*
Sector ICT
Country Algeria
Turnover 2020 841.0
Net Profits 106.8
Turnover Change 0,03
CEO's Last Name Ben Toumi
CEO's First Name Adel
Designation Chief Executive Officer
Mailing Address -
Route Nationale n°5, Cinq Maisons,
Physical Address
Mohammadia, 16130, Alger, Algérie.
Phone 213 021 82 38 38
Fax 213 021 82 38 39
Email contact@algerietelecom.dz
Website https://www.algerietelecom.dz/fr/

Current Year Ranking 159

Previous Year Ranking 113
Diff 46
Company Jumia Group
Sector Retail
Pg. 606 Africa Business Directory - Ed. 2022

Country Nigeria
Turnover 2020 836.5
Net Profits ND
Turnover Change -0,32
CEO's Last Name Spalazzi
CEO's First Name Massimiliano
Designation Chief Executive Officer
Mailing Address -
109 Adeniyi Jones Ave, Ogba 101212,
Physical Address
Ikeja, Nigeria
Phone 234-700-6000-00/7006000000
Fax
Email service@jumia.com.ng
Website http://www.jumia.com.ng

Current Year Ranking 160

Previous Year Ranking -
Diff -
Company RCI Finance Maroc
Sector Financial services
Country Morocco
Turnover 2020 830.5
Net Profits -5.0
Turnover Change 0,04
CEO's Last Name HAUVILLE
CEO's First Name Vincent
Designation Chief Executive Officer
Mailing Address b.p.13700 - 20590 Casablanca
44 boulevard Khalid Ibnou Al Oualid ,
Physical Address
Ain Sebaa Casablanca, MAROC
Phone 0520 48 25 56
Pg. 607 Africa Business Directory - Ed. 2022

Fax 0520 48 29 80
Email
Website https://www.rcifinance.ma/

Current Year Ranking 161

Previous Year Ranking 205
Diff 44
Company Centamin
Sector Mining
Country Egypt
Turnover 2020 828.7
Net Profits 314.9
Turnover Change 0,27
CEO's Last Name Hassouna
CEO's First Name Amr
Designation Country Manager
Mailing Address -
Pharoah Gold Mines (Egyptian
Physical Address holding company), 361 El Horreya
Road, Sedi Gaber, Alexandria, Egypt
Phone +203 5411 259
Fax
Email pgm@centamin.com
Website https://www.centamin.com/

Current Year Ranking 162

Previous Year Ranking 170
Diff 8
Company Groupe SIFCA*
Sector Agribusiness
Pg. 608 Africa Business Directory - Ed. 2022

Country Côte d'Ivoire

Turnover 2020 828.0
Net Profits -29.5
Turnover Change 39
CEO's Last Name Doumbia
CEO's First Name Alassane
Designation chairman
Mailing Address Box 2949 Abidjan
Port Bouet Industrial Zone of Vridi
Physical Address
Abidjan 1
Phone 00225 21 75 75 57
Fax 00225 21 25 45 65
Email communication@sifca.ci
Website www.sifca.ci

Current Year Ranking 163

Previous Year Ranking 163
Diff 0
Company Volta River Authority*
Sector Utilities
Country Ghana
Turnover 2020 826.2
Net Profits ND
Turnover Change 0,25
CEO's Last Name Antwi-Darkwa
CEO's First Name Emmanuel
Designation Chief Executive
Mailing Address Box Mail Bag 77, Accra
Electro-Volta House, 28 February
Physical Address
Road, Accra
Phone 00233 30 266 4941
Pg. 609 Africa Business Directory - Ed. 2022

Fax 00233 30 266 2610

Email info@vra.com
Website www.vraghana.com

Current Year Ranking 164

Previous Year Ranking 115
Diff 49
Company Ghana Oil Company
Sector Petroleum
Country Ghana
Turnover 2020 824,5
Net Profits 15.7
Turnover Change -0,32
CEO's Last Name A.K AKORLI
CEO's First Name Patrick
Designation Managing Director
Mailing Address Box TA 632 Taifa, Accra
Physical Address -
Phone 21688214
Fax 21688217
Email info@goilonline.com
Website www.goilonline.com

Current Year Ranking 165

Previous Year Ranking 166
Diff 1
Company Growthpoint Properties
Sector Construction
Country South Africa
Turnover 2020 819.3
Pg. 610 Africa Business Directory - Ed. 2022

Net Profits -470.4

Turnover Change 0,01
CEO's Last Name Sasse
CEO's First Name Norbert
Designation Chief Executive Officer
Mailing Address Box 78949 Sandton 2146
The Place, 1 Sandton Drive Sandton
Physical Address
2196
Phone 0027 11 944 6000
Fax 0027 11 944 6005
Email Rkrabbenhoft@growthpoint.co.za
Website www.growthpoint.co.za

Current Year Ranking 166

Previous Year Ranking 144
Diff -22
Company Adcorp Holdings
Sector SAMICAS
Country South Africa
Turnover 2020 799.4
Net Profits 0.4
Turnover Change -0,13
CEO's Last Name Wentzel
CEO's First Name John Peter
Designation Chief Executive Officer
Mailing Address Box 70635 Bryanston 2021
28 On Sloane, Block A, Bryan- ston
Physical Address
2021
Phone 0027 11 244 5300
Fax 0027 11 244 5309
Email info@adcorp.co.za
Pg. 611 Africa Business Directory - Ed. 2022

Website www.adcorp.co.za

Current Year Ranking 167

Previous Year Ranking 201
Diff 34
Company Liquid Intelligent Technologies
Sector ICT
Country Mauritius
Turnover 2020 795.7
Net Profits ND
Turnover Change 0,19
CEO's Last Name Davelaar
CEO's First Name Rob
Designation Senior Group Finance Manager
Mailing Address
5th floor Ebene Mews, 57 Cybercity
Physical Address
Ebene
Phone (+) 230 466 7620
Fax
Email
https://www.liquid.tech/local-
Website
offices/country/mauritius

Current Year Ranking 168

Previous Year Ranking 156
Diff -12
Company Transnet National Ports Authority
Sector Ports+[@[Nom du President/CEO]]
Country South Africa
Turnover 2020 788.6
Net Profits ND
Pg. 612 Africa Business Directory - Ed. 2022

Turnover Change 0,09

CEO's Last Name Silinga
CEO's First Name Pepi
Designation Group Chief executive
Mailing Address Box 72501 Parkview 212
Carlton centre, 150 Commis- sioner
Physical Address
Street, Johannesburg 2001
Phone 0027 11 308 3000
Fax 0027 11 308 2638
Email enquiries@transnet.net
Website www.transnet.net

Current Year Ranking 169

Previous Year Ranking 180
Diff 11
Company Lyonnaise des Eaux de Casablanca
Sector Utilities
Country Morocco
Turnover 2020 781.8
Net Profits 4.8
Turnover Change 0,02
CEO's Last Name Darriet
CEO's First Name Jean Pascal
Designation Director General
Mailing Address
Lydec Build- ing, 48 Rue Mohamed
Physical Address
Diouri 16048 Casablanca 20000
Phone 00212 522 54 90 54
Fax 00212 522 54 90 07
Email contact@lydec.co.ma
Website www.lydec.ma
Pg. 613 Africa Business Directory - Ed. 2022

Current Year Ranking 170

Previous Year Ranking 178
Diff 8
Company Total Côte d'Ivoire
Sector Petroleum
Country Côte d'Ivoire
Turnover 2020 781.6
Net Profits 14.3
Turnover Change 0,01
CEO's Last Name VOISIN
CEO's First Name Fabien
Designation Senior Vice President
Mailing Address Box 336 Abidjan 01
Immeuble Nour Al Hayat, Abid- jan
Physical Address
Plateau, Abidjan 01
Phone 0033 1 47 44 58 53
Fax 0033 1 47 44 58 24
Email contact@total.com
Website www.total.com

Current Year Ranking 171

Previous Year Ranking 167
Diff -4
Company Lafargeholcim Maroc
Sector Construction
Country Morocco
Turnover 2020 774.9
Net Profits 165.7
Turnover Change -0,04
Pg. 614 Africa Business Directory - Ed. 2022

CEO's Last Name Primo

CEO's First Name Jose Antonio
Designation Chief Executive
Mailing Address 20150 Casablanca
6, Route de Mekka - Quartier les
Physical Address
Crêtes - Casablanca - Maroc.
Phone (+) 212 5225-24972
Fax
mar-
Email communication@lafargeholcim.co
m
Website https://www.lafargeholcim.ma/fr

Current Year Ranking 172

Previous Year Ranking 197
Diff 25
Company Orange Mali
Sector ICT
Country Mali
Turnover 2020 773.8
Net Profits ND
Turnover Change 0,13
CEO's Last Name Diene
CEO's First Name Alassane
Designation Director General
Mailing Address Box E 3991 Bamako
Immeuble Orange, Hamdallaye ACI
Physical Address
2000, Bamako
Phone 223499 90 00
Fax 00223 499 90 01
Email contact@orangemali.com
Pg. 615 Africa Business Directory - Ed. 2022

Website www.orangemali.com

Current Year Ranking 173

Previous Year Ranking 179
Diff 6
Company Dierzy
Sector ICT
Country Algeria
Turnover 2020 773.3
Net Profits ND
Turnover Change 0,03
CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Fax -
Email -
Website -

Current Year Ranking 174

Previous Year Ranking 131
Diff -43
Company Nampak
Sector Wood
Country South Africa
Turnover 2020 769.5
Net Profits -271.6
Turnover Change 0,26
Pg. 616 Africa Business Directory - Ed. 2022

CEO's Last Name Smuts

CEO's First Name Erik
Designation Chief Executive Officer
Mailing Address Box 784324 Sandton 2146
Nampak Centre, 11 Dennis Road Atholl
Physical Address
Gardens, Sandton 2146
Phone 0027 11 719 6300
Fax 0027 11 444 5761
Email graham.hayward@za.nampak.com
Website www.nampak.com

Current Year Ranking 175

Previous Year Ranking 182
Diff 7
Company Alexandria Minerals Ois Co.
Sector Petroleum
Country Egypt
Turnover 2020 765.7
Net Profits 17.4
Turnover Change -0,12
CEO's Last Name Mabrouk
CEO's First Name Chem Ehab
Designation Chief Executive
Mailing Address Box 5, El- Max
El-Sad El-Ali Street, Wady El-Kamar,
Physical Address
El-Max, Alexandria
Phone 2032205646
Fax 2032205637
Email amoc@amocalex.com
Website www.amocalex.com
Pg. 617 Africa Business Directory - Ed. 2022

Current Year Ranking 176

Previous Year Ranking 185
Diff 9
Company Northam Platinum
Sector Mining
Country South Africa
Turnover 2020 757.4
Net Profits 4.3
Turnover Change 0,45
CEO's Last Name Dunne
CEO's First Name Paul
Designation Chief Executive Officer
Mailing Address Box 412694 Craighall 2024
1st floor, 1A Albury Park Magalieszicht
Physical Address
Avenue Dunkeld West 2129
Phone 0027 11 759 6000
Fax 0027 11 325 4795
Email ncedisa.magoma@norplats.co.za
Website www.northam.co.za

Current Year Ranking 177

Previous Year Ranking 175
Diff -2
Company Mpact
Sector Wood
Country South Africa
Turnover 2020 757.2
Net Profits 24.8
Turnover Change -0,04
CEO's Last Name Strong
Pg. 618 Africa Business Directory - Ed. 2022

CEO's First Name Bruce William

Designation Chief Executive Officer
Postnet Suite 278, PBag X1028
Mailing Address
Doringkloof 140
4th floor, 3 Mel- rose Boulevard,
Physical Address
Melrose Arch 2196
Phone 0027 11 994 5500
Fax 0027 11 994 5530
Email info@mpact.co.za
Website www.mpact.co.za

Current Year Ranking 178

Previous Year Ranking 200
Diff 22
Company Orange Maroc
Sector ICT
Country Morocco
Turnover 2020 750.5
Net Profits ND
Turnover Change 0,11
CEO's Last Name Kasteel
CEO's First Name Hendrik
Designation Managing Director
Mailing Address 20000
Lotissement La Colline II - Immeuble
Physical Address les 4 temps Sidi Maarouf,
Casablanca.
Phone 33 821 73 13
Fax
Email
Website https://www.orange.ma/
Pg. 619 Africa Business Directory - Ed. 2022

Current Year Ranking 179

Previous Year Ranking 177
Diff -2
Company Nestlé Nigeria
Sector Food & Drinks
Country Nigeria
Turnover 2020 749.3
Net Profits 102.3
Turnover Change -4%
CEO's Last Name Elhusseini
CEO's First Name Wassim
Designation Managing Director
Mailing Address PMB KIA 32, Accra
Horizon House, 60 Liberation Road,
Physical Address
Accra
Phone +233 30 221 4900
Fax
corporate.communications@gh.nest
Email
le.com
Website www.nestle-cwa.com

Current Year Ranking 180

Previous Year Ranking 181
Diff 1
Company Total Sénégal
Sector Petroleum
Country Senegal
Turnover 2020 719.0
Net Profits 11.3
Turnover Change -0,06
Pg. 620 Africa Business Directory - Ed. 2022

CEO's Last Name SY

CEO's First Name Hamady
Designation Director General
Mailing Address Box 355 Dakar
3, Boulevard du Centenaire de la
Physical Address
Commune de Dakar, Dakar
Phone 00221 33 849 3131
Fax 00221 33 832 9065
Email total@total.sn
Website totalenergies.sn

Current Year Ranking 181

Previous Year Ranking 247
Diff 66
Company Tasiast Mauritanie/ Kinross
Sector Mining
Country Mauritania
Turnover 2020 718.0
Net Profits ND
Turnover Change 0,35
CEO's Last Name Ould M’Bareck
CEO's First Name Brahim
Designation President
Mailing Address ZRA 741 - BP 5051
Physical Address Nouakchott, Mauritanie
Phone (+) 222 45 20 00 08
Fax
TMLSA_LOCAL_BUSINESS@kinross.co
Email
m
https://www.kinrosstasiast.mr/tasias
Website
t-mauritanie/default.aspx
Pg. 621 Africa Business Directory - Ed. 2022

Current Year Ranking 182

Previous Year Ranking 225
Diff 43
Essakane Gold Mine/ I AM GOLD
Company
Corporation
Sector Mining
Country Burkina Faso
Turnover 2020 715.0
Net Profits ND
Turnover Change 0,23
CEO's Last Name OURRIBAN
CEO's First Name Mohamed
Designation Chief Executive
09 BP 11 Ouagadougou 09 Burkina
Mailing Address
Faso.
Physical Address Secteur 13, rue 13.16, porte 72
Phone (+226) 25.42.87.00.
Fax
Email
Website https://iamgoldessakane.com/

Current Year Ranking 183

Previous Year Ranking 67
Diff -116
Company Global Telecom Holding
Sector ICT
Country Egypt
Turnover 2020 709.0
Net Profits 235.0
Turnover Change -0,66
Pg. 622 Africa Business Directory - Ed. 2022

CEO's Last Name Schulz

CEO's First Name Michael
Non-Executive Chairman of the
Designation
Board
Mailing Address
Nile City Towers – North Tower, 2005
Physical Address Cornish El Nile, Ramlet Beaulac, Cairo,
Egypt.
Phone +(202) 24618559
Fax
Email
Website http://www.gtelecom.com/

Current Year Ranking 184

Previous Year Ranking 173
Diff -11
Company Metair Investments
Sector Auto industry
Country South Africa
Turnover 2020 698.3
Net Profits 12.6
Turnover Change -0,13
CEO's Last Name Haffejee
CEO's First Name Riaz
Designation Managing Director
Mailing Address Box 2077 Saxonwold 2132
Wesco House, 10 Anerley Road
Physical Address
Parktown 2132
Phone 0027 11 646 3011
Fax 0027 11 646 3102
Email info@metair.co.za
Pg. 623 Africa Business Directory - Ed. 2022

Website www.metair.co.za

Current Year Ranking 185

Previous Year Ranking 193
Diff 8
Company Cashbuild
Sector Construction
Country South Africa
Turnover 2020 688,5
Net Profits 18.6
Turnover Change -0,11
CEO's Last Name De Jager
CEO's First Name Werner F
Designation Chief Executive Officer
Mailing Address Box 90115 Bertsham 2013
101 Northern Parkway, Corner
Physical Address
Crownwood Road, Ormonde 2091
Phone 0027 11 248 1500
Fax 0027 11 496 2224
Email lmunn@cashbuild.co.za
Website www.cashbuild.co.za

Current Year Ranking 186

Previous Year Ranking 196
Diff 10
Company Algérie Télécom Mobilis*
Sector ICT
Country Algeria
Turnover 2020 688.0
Net Profits 112.3
Pg. 624 Africa Business Directory - Ed. 2022

Turnover Change 0,29

CEO's Last Name Helouane
CEO's First Name Hocine
Designation President & Director General
Mailing Address
Route Nationale No.5, Cinq Mai- sons,
Physical Address
El-Harrach 16000 Algiers
Phone 00213 21 82 38 38
Fax 00213 21 82 38 39
Email belhamdi@algerietele-com.dz
Website www.algerietelecom.dz

Current Year Ranking 187

Previous Year Ranking 240
Diff 53
Company Raya Holding
Sector Electrical equip.
Country Egypt
Turnover 2020 682.3
Net Profits -2.9
Turnover Change 0,25
CEO's Last Name Khalil
CEO's First Name Ahmed
Designation Chairman and CEO
Mailing Address
26th July Street, Tourist Zone, 6th of
Physical Address
October, Cairo 12568
Phone 2028276000
Fax 2028276001
Email investor_relations@rayagroup.com
Website www.rayagroup.com
Pg. 625 Africa Business Directory - Ed. 2022

Current Year Ranking 188

Previous Year Ranking 169
Diff -19
Company East African Breweries Group
Sector Food & Drinks
Country Kenya
Turnover 2020 681.7
Net Profits 63.9
Turnover Change -0,16
CEO's Last Name Karuku
CEO's First Name Jane
Designation Chairman
Mailing Address Box 30161, Nairobi 100
Corporate Centre Ruaraka, Off Thika
Physical Address
Road, Nairobi
Phone 2548644000
Fax 2548563054
Email eabl.info@eabl.com
Website www.eabl.com

Current Year Ranking 189

Previous Year Ranking 171
Diff -18
Company AGIL
Sector Petroleum
Country Tunisia
Turnover 2020 680.8
Net Profits ND
Turnover Change -0,15
Pg. 626 Africa Business Directory - Ed. 2022

CEO's Last Name Bettine

CEO's First Name Khaled
Designation Chief Executive Officer
Mailing Address Box 762 Tunis
Avenue Mohamed Ali Akid Cite
Physical Address
Olympique, 1003 El Khadra
Phone 00216 71 707 222
Fax 00216 71 704 333
Email boc@agil.com.tn
Website www.agil.com.tn

Current Year Ranking 190

Previous Year Ranking 199
Diff 9
Company Krystal Digital Network Solutions*
Sector ICT
Country Nigeria
Turnover 2020 6782
Net Profits 21.3
Turnover Change 2,37
CEO's Last Name Temitope
CEO's First Name Ogunsemo
Designation Founder & Chief Executive Officer
Mailing Address
Ikoyi Dolphin Estate, 118B Association
Physical Address
Ave, Ikoyi 101222, Lagos, Nigeria
Phone +234 1 295 2086
Fax
Email info@krystaldigitalng.com
Website https://www.krystaldigitalng.com/
Pg. 627 Africa Business Directory - Ed. 2022

Current Year Ranking 191

Previous Year Ranking 228
Diff 37
Company Zalar Holding
Sector Agribusiness
Country Morocco
Turnover 2020 675,9
Net Profits 0.1
Turnover Change 0,18
CEO's Last Name Benhamane
CEO's First Name Siham
Designation Chief Executive
Mailing Address 30000, Fès, Maroc
Lotissement Ennamâe, Lots 198-199,
Physical Address
Quartier Industriel Bensouda,
Phone +212 (0) 5 22 33 15 42
Fax +212 (0) 5 22 20 11 09
Email info@zalar.ma
Website http://zalar.ma/fr/accueil/

Current Year Ranking 192

Previous Year Ranking 213
Diff 21
Company Tanzania Electric Supply Co.
Sector Utilities
Country Tanzania
Turnover 2020 672.7
Net Profits 19.5
Turnover Change 0,02
CEO's Last Name Maharage
Pg. 628 Africa Business Directory - Ed. 2022

CEO's First Name Chande

Designation Managing Director
Mailing Address P.O.Box 453 Dodoma.
Plot No. 114, Block G, Dar es Salaam
Physical Address
Road
Phone 748550000
Fax
communications.manager@tanesc
Email
o.co.tz
Website https://tanesco.co.tz/

Current Year Ranking 193

Previous Year Ranking 264
Diff 71
Company Kloof Gold Mining Co./ Gold Fields
Sector Mining
Country South Africa
Turnover 2020 668.3
Net Profits 80.9
Turnover Change 0,38
CEO's Last Name PREECE
CEO's First Name MARTIN
Designation Executive Vice President: South Africa
Mailing Address
Farm Rietfontein, 249 Iq, 1786
Westonaria, Gauteng/ 150 Helen
Physical Address
Road, Sandown Sandton, 2196 South
Africa
Phone +27 11 562 9763
Fax
Email goldfields@tip-offs.com
Pg. 629 Africa Business Directory - Ed. 2022

https://www.goldfields.com/south-
Website
africa-region.php

Current Year Ranking 194

Previous Year Ranking 203
Diff 9
Company Société Nationale d'Électricité*
Sector Utilities
Country Senegal
Turnover 2020 657 9
Net Profits ND
Turnover Change 0,07
CEO's Last Name BITEYE
CEO's First Name Papa Mademba
Designation Chief Executive
Mailing Address BP: 93
Physical Address SN, 28 Rue Vincens, Dakar 00221
Phone +221 33 839 30 30 / +221 33 867 66 66
Fax +221 33 823 12 67
Email
Website http://www.senelec.sn/

Current Year Ranking 195

Previous Year Ranking 238
Diff 43
Company Taneo Camer
Sector Utilities
Country Cameroon
Turnover 2020 638,3
Net Profits 10.4
Pg. 630 Africa Business Directory - Ed. 2022

Turnover Change 0,16

CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Fax -
Email -
Website -

Current Year Ranking 196

Previous Year Ranking 208
Diff 12
Company Electricidade de Moçambique*
Sector Utilities
Country Mozambique
Turnover 2020 637.1
Net Profits -34.4
Turnover Change 0,27
CEO's Last Name Dr.Govene
CEO's First Name Noel Joaquim
Designation Executive Finance Officer
Mailing Address
2HMJ+3V4, Avenida Eduardo
Physical Address
Mondlane, Maputo, Mozambique
Phone +258 21 490636/ +258 84 322 0563
Fax +258 21 491048
Email edmmaputo@teledata.mz
Website https://www.edm.co.mz/
Pg. 631 Africa Business Directory - Ed. 2022

Current Year Ranking 197

Previous Year Ranking 189
Diff -8
Company Julius Berger Nigeria
Sector Construction
Country Nigeria
Turnover 2020 631.0
Net Profits 3.2
Turnover Change -0,14
CEO's Last Name Sunmonu
CEO's First Name Mutiu
Designation Managing Director
Mailing Address Box 3643 Lagos
10, Shettima A. Munguno Crescent,
Physical Address
Utako, Abuja FCT 900 109
Phone 00234 9 6110
Fax 00234 9 611 4041
Email info@julius-bergernigeria.com
Website www.julius-berger.com

Current Year Ranking 198

Previous Year Ranking 194
Diff -4
Company invicta Holdings
Sector Auto industry
Country South Africa
Turnover 2020 627.0
Net Profits ND
Turnover Change -0,12
Pg. 632 Africa Business Directory - Ed. 2022

CEO's Last Name Joffe

CEO's First Name Steven
Designation Chief Executive Officer
Mailing Address Box 6077 Parrow East 7501
3rd floor, Pepkor House, 36 Stel-
Physical Address
lenberg Road, Parow Industria 7493
Phone 0027 21 929 4780
Fax 0027 21 929 4790
Email info@invictaholdings.co.za
Website www.invictaholdings.co.za

Current Year Ranking 199

Previous Year Ranking 229
Diff 30
Company Nigerian Bottling Co.
Sector Food & Drinks
Country Nigeria
Turnover 2020 626.6
Net Profits ND
Turnover Change 0,09
CEO's Last Name Seguin
CEO's First Name Matthieu
Designation Managing Director
Mailing Address Box 1159 Ebute Metta, Lagos
Physical Address Iddo House, Iddo, Lagos
Phone 00234 1 270 6670
Fax 00234 1 270 9515
Email contact@nbcplccareers.com
Website www.nbcplccareers.com
Pg. 633 Africa Business Directory - Ed. 2022

Current Year Ranking 200

Previous Year Ranking 204
Diff 4
Company Afriquia Gaz
Sector Gas
Country MorocCo
Turnover 2020 612.7
Net Profits 60.0
Turnover Change -0,02
CEO's Last Name Wakrim
CEO's First Name Hadj Ali
Designation Director General
Mailing Address Box 2545 Casablanca 20290
139 Boulevard Moulay Ismail,
Physical Address
Casablanca
Phone 00212 5 22 63 96 00
Fax 00212 5 22 63 96 66
Email k.taif@akwagroup.com
Website www.akwagroup.com

Current Year Ranking 201

Previous Year Ranking 190
Diff -11
Company Pretoria Portiand Cement Co.
Sector Construction
Country South Africa
Turnover 2020 609 8
Net Profits ND
Turnover Change -0,01
CEO's Last Name Stuiver
Pg. 634 Africa Business Directory - Ed. 2022

CEO's First Name Paul

Designation Chief Executive Officer
Mailing Address Box 787416 Sandton 2146
PPC Building Barlow Park, 180
Physical Address
Katherine Street, Sandton 2146
Phone 0027 11 386 9000
Fax 0027 11 386 9001
Email contactus@ppc.co.za
Website www.ppc.co.za

Current Year Ranking 202

Previous Year Ranking 216
Diff 14
Company SIIC Egypt!"
Sector Agribusiness
Country Egypt
Turnover 2020 609.6
Net Profits 21.6
Turnover Change -0,06
CEO's Last Name Hassan
CEO's First Name Hassan
Designation Chairman and Managing Director
Mailing Address
Egyptian Sugar & Integrated
Physical Address Industries Building, 12 Gawad Hosni
Street, Cairo
Phone 20233929077
Fax 20233934558
Email info@siicegypt.com
Website www.siicegypt.com
Pg. 635 Africa Business Directory - Ed. 2022

Current Year Ranking 203

Previous Year Ranking 212
Diff 9
Company Raubex
Sector Construction
Country South Africa
Turnover 2020 603.6
Net Profits 13.9
Turnover Change -0,03
CEO's Last Name Fourie
CEO's First Name Rudolf Johannes
Designation Chief Executive Officer
Mailing Address Box 3722 Bloemfon- tein 9300
Eeufees Street, Noordstad, Cleveley
Physical Address
Farm, Bloemfontein 9301
Phone 0027 51 406 2000
Fax 0027 51 406 2063
Email legal@raubex.com
Website www.raubex.com

Current Year Ranking 204

Previous Year Ranking 222
Diff 18
Company Lafarge África
Sector Construction
Country Nigeria
Turnover 2020 601 8
Net Profits 97.1
Turnover Change 0,03
CEO's Last Name El Dokani
Pg. 636 Africa Business Directory - Ed. 2022

CEO's First Name Khaled Abdel Aziz

Designation Chairman
Mailing Address PMB 12913 Lagos
6-8th floor, UAC House, 1/5 Odunlami
Physical Address
Street, Lagos
Phone 00234 1 271 3990
Fax 00234 1 271 4614
Sunday.awofodu@lafargewapco.co
Email
m
Website www.lafarge.com.ng

Current Year Ranking 205

Previous Year Ranking 210
Diff 5
Company Oriental Weavers Company
Sector Textile
Country Egypt
Turnover 2020 601.6
Net Profits 70.5
Turnover Change -0,05
CEO's Last Name Khamis
CEO's First Name Mohamed Farid
Designation Chairman and Founder
Mailing Address
8 Zaharia Khalil Street, Heliopo- lis,
Physical Address
Cairo
Phone 20222672121
Fax 20222672246
Email owc@orientalweavers.com
Website www.orientalweavers.com
Pg. 637 Africa Business Directory - Ed. 2022

Current Year Ranking 206

Previous Year Ranking 263
Diff 57
Company MTN Côte d'Ivoire
Sector ICT
Country Côte d'Ivoire
Turnover 2020 598.8
Net Profits ND
Turnover Change 0,22
CEO's Last Name Tchala
CEO's First Name Freddy
Designation Chief Executive Officer
Mailing Address 01 BP 3865 Abidjan 01
12 avenue Crosson Duplessis, Le
Physical Address
Plateau, Abidjan; Côte d'Ivoire
Phone +225 20 31 63 16
Fax
Email
Website

Current Year Ranking 207

Previous Year Ranking 214
Diff 7
Company Redefine Properties
Sector Construction
Country South Africa
Turnover 2020 594.6
Net Profits 1,133.5
Turnover Change -0,03
CEO's Last Name Wainer
Pg. 638 Africa Business Directory - Ed. 2022

CEO's First Name Marc

Designation Chief Executive Officer
Mailing Address Box 1731 Parklands 2121
Redefine Place , 2 Arnold Road,
Physical Address
Rosebank 2196
Phone 0027 11 283 0000
Fax 0027 11 283 0055
Email marijkec@redefine.co.za
Website www.redefine.co.za

Current Year Ranking 208

Previous Year Ranking 161
Diff -47
Company EOH Holdings
Sector ICT
Country South Africa
Turnover 2020 592 9
Net Profits -111.0
Turnover Change -0,22
CEO's Last Name Coller
CEO's First Name Stephen Van
Designation Chief Executive Officer
Mailing Address Box 59 Bruma, Johannesburg 2026
Block D, EOH Business Park, Gillooly’s
Physical Address View, Osborne Lane, Bedfordview
2007
Phone 0027 11 607 8100
Fax 0027 11 616 9929
Email info@eoh.co.za
Website www.eoh.co.za
Pg. 639 Africa Business Directory - Ed. 2022

Current Year Ranking 209

Previous Year Ranking 191
Diff -18
Company Ooredoo Algeria
Sector ICT
Country Algeria
Turnover 2020 591.1
Net Profits ND
Turnover Change -0,18
CEO's Last Name Al Ibrahim
CEO's First Name Bassam
Designation CEO of Ooredoo Algeria
Mailing Address
66, Route de Ouled Fayet Chéréga -
Physical Address
Alger - ALGERIE 16001, ALGERIE
Phone 213 550 00 03 33
Fax
Email media@ooredoo.com
Website http://www.ooredoo.dz

Current Year Ranking 210

Previous Year Ranking 220
Diff 10
Company SA des Brasseries du Cameroun*
Sector Food & Drinks
Country Cameroon
Turnover 2020 587.2
Net Profits 23.6
Turnover Change -29
CEO's Last Name De Tailly
Pg. 640 Africa Business Directory - Ed. 2022

CEO's First Name Emmanuel

Designation Administrator and Director General
Mailing Address Box 4036 Douala
Physical Address 77 Rue Prince Bell, Douala
Phone 00237 33 42 91 33
Fax 00237 33 42 79 45
Email siege@sabc-cm.com
Website www.lesbrasseriesducameroun.com

Current Year Ranking 211

Previous Year Ranking 174
Diff -37
Company CMH Group
Sector Auto industry
Country South Africa
Turnover 2020 585.4
Net Profits 11.5
Turnover Change -0,26
CEO's Last Name Mclntosh
CEO's First Name Jebb
Designation Chief Executive Officer
Mailing Address box 1033 Umhlanga Rocks 4320
No.1 Wilton Crescent, Umhlanga
Physical Address
Ridge 4320
Phone 0027 31 580 4200
Fax 0027 31 580 4280
Email cmhinfo@cm.co.za
Website www.cmh.co.za

Current Year Ranking 212

Pg. 641 Africa Business Directory - Ed. 2022

Previous Year Ranking 219

Diff 7
Company Kaap Agri Lid
Sector Agribusiness
Country South Africa
Turnover 2020 585.0
Net Profits 19.0
Turnover Change -0,03
CEO's Last Name Walsh
CEO's First Name Sean
Designation Chief Executive Officer
P.O. Box 119 Vanrhynsdorp Van
Mailing Address
Rhynsdorp 8170
1 Westhoven Street Paarl, Cape
Physical Address
Winelands Western Province, 7646
Phone 224828000
Fax
Email
Website www.kaapagri.co.za

Current Year Ranking 213

Previous Year Ranking 184
Diff -29
Company Hulamin
Sector Metals
Country South Africa
Turnover 2020 583.3
Net Profits -15.7
Turnover Change -0,23
CEO's Last Name Jacob
CEO's First Name Richard
Pg. 642 Africa Business Directory - Ed. 2022

Designation Chief Executive Officer

Mailing Address Box 74 Pietermaritzburg 3200
Moses Mabhida Road
Physical Address
Pitermaritzburg3201
Phone 0027 33 395 6911
Fax 27333946335
Email hulamin@hulamin.co.za
Website www.hulamin.co.za

Current Year Ranking 214

Previous Year Ranking 226
Diff 12
Company Assore
Sector Mining
Country South Africa
Turnover 2020 579.0
Net Profits 424.2
Turnover Change 0,07
CEO's Last Name Cory
CEO's First Name Christopher
Designation Chief Executive Officer
Mailing Address Pbag X03 Northlands 2116
Assore House, 15 Fricker Road, Illovo
Physical Address
Boulevard, Johannesburg 2196
Phone 0027 11 770 6800
Fax 0027 11 268 6040
Email info@assore.co.za
Website www.assore.com

Current Year Ranking 215

Previous Year Ranking 217
Pg. 643 Africa Business Directory - Ed. 2022

Diff 2
Company Vivo Energy Côte d'Ivoire
Sector Petroleum
Country Côte d'Ivoire
Turnover 2020 578 8
Net Profits -9,1
Turnover Change -0,03
CEO's Last Name Sow
CEO's First Name Abdou
Designation Managing Director
Mailing Address
Rue des Pétroliers, Abidjan, Côte
Physical Address
d'Ivoire
Phone + (225) 27 21 75 27 27
Fax 225 21 27 2499
Email Press-IvoryCoast@vivoenergy.com
www.vivoenergy.com/fr-FR/Nos-
Website
Sites/Côte dIvoire

Current Year Ranking 216

Previous Year Ranking 126
Diff -90
Company Total Kenya
Sector Petroleum
Country Kenya
Turnover 2020 577.2
Net Profits 30
Turnover Change -0,47
CEO's Last Name Fanchini
CEO's First Name Eric
Designation Managing Director
Pg. 644 Africa Business Directory - Ed. 2022

Mailing Address Box 30736 GPO 00100 Nairobi

Physical Address Regal Plaza, Limuru Road, Nairobi
Phone 00254 20 289 7000
Fax 00254 20 266 6973
Email administrator@total.co.ke
Website www.total.co.ke

Current Year Ranking 217

Previous Year Ranking 231
Diff 14
Company Air Mauritius*
Sector Air transport
Country Mauritius
Turnover 2020 576.9
Net Profits ND
Turnover Change 0,01
CEO's Last Name Appavou
CEO's First Name Somaskaran
Designation Acting CEO
Mailing Address
Air Mauritius Centre, President John
Physical Address
Kennedy Street, Port Louis
Phone 2302077070
Fax 2302088331
Email contact@airmauritius. com
Website www.airmauri- tius.com

Current Year Ranking 218

Previous Year Ranking 242
Diff 24
Pg. 645 Africa Business Directory - Ed. 2022

Company Setalana Holding Co.

Sector Food & Drinks
Country Botswana
Turnover 2020 576.2
Net Profits 19.9
Turnover Change 0,06
CEO's Last Name CHAUHAN
CEO's First Name CHANDRA
Designation Group Managing Director
Private Bag 00422, Gaborone,
Mailing Address
Botswana
Plot 10038 Corner Nelson Mandela
Physical Address Drive and Kubu Road Broadhurst
Industrial Site, Gaborone, Botswana
Phone (+267) 77 623484
Fax (+267) 390 7613
Email info@sefalana.com
Website www.sefalana.com

Current Year Ranking 219

Previous Year Ranking 230
Diff 11
Company Vivo Energy Ghana
Sector Petroleum
Country Ghana
Turnover 2020 571.0
Net Profits ND
Turnover Change -0,05
CEO's Last Name Maiga
CEO's First Name Kader
Designation Managing Director
Pg. 646 Africa Business Directory - Ed. 2022

Mailing Address P. O. Box 1097 Accra Ghana

John Evans Atta Mills High Street,
Physical Address
Accra, Ghana
Phone +233 30 266 4636
Fax +233 30 266 2087
Email Press-Ghana@vivoenergy.com
www.vivoenergy.com/Where-we-
Website
Operate/Ghana

Current Year Ranking 220

Previous Year Ranking 276
Diff 56
Company North Mara Gold Mine
Sector Mining
Country Tanzania
Turnover 2020 571.0
Net Profits ND
Turnover Change 0,24
CEO's Last Name Bristow
CEO's First Name Mark
Designation General Manager
Mailing Address
200km North East of Mwanza,
Physical Address
Tanzania
Phone 16046827082
Fax 16046827092
Email BMaree@barrick.com
Website www.barrick.com

Current Year Ranking 221

Previous Year Ranking 270
Pg. 647 Africa Business Directory - Ed. 2022

Diff 49
Company MTN Uganda
Sector ICT
Country Uganda
Turnover 2020 567.7
Net Profits ND
Turnover Change 0,19
CEO's Last Name Vanhelleputte
CEO's First Name Wim
Designation CEO
Mailing Address P.O. Box 24624, Kampala, Uganda
Physical Address 16 Clement Hill Rd, Kampala, Uganda
Phone +256 77 100 1000
Fax +256 31 221 2233
Email customerservice.ug@mtn.com
Website www.mtn.co.ug

Current Year Ranking 222

Previous Year Ranking 241
Diff 19
Company Oceana Group
Sector Agribusiness
Country South Africa
Turnover 2020 566.9
Net Profits 55.7
Turnover Change 0,04
CEO's Last Name Neville Donovan
CEO's First Name Brink
Designation Chief Executive Officer
Mailing Address Box 7206 Roggebaai 8012
Pg. 648 Africa Business Directory - Ed. 2022

25 Jan Smuts Street Foreshore Cape

Physical Address
Town 8001
Phone 0027 21 410 1400
Fax www.oceana.co.za
Email jmarais@oceana.co.za
Website

Current Year Ranking 223

Previous Year Ranking 260
Diff 37
Company Tradex
Sector Petroleum
Country Cameroon
Turnover 2020 562.7
Net Profits 16.5
Turnover Change -0,01
CEO's Last Name Paley
CEO's First Name Simon
Designation CEO
Mailing Address B.P. : 1468 Douala – Cameroun
Physical Address Rue Christian TOBIE KUOH, Bonanjo
Phone +237 233 43 63 75
Fax 237 233 43 63 80
Email tradex@tradexsa.com
Website http://tradexsa.co/

Current Year Ranking 224

Previous Year Ranking 234
Diff 10
Company ETAP
Pg. 649 Africa Business Directory - Ed. 2022

Sector Petroleum
Country Tunisia
Turnover 2020 560.2
Net Profits 53.5
Turnover Change 0,02
CEO's Last Name KHAMMASSI
CEO's First Name Abdelwahab
Designation Chairman & CEO
Mailing Address B.P. 83 - Montplaisir, Tunis
54, Avenue Mohamed V - 1002 Tunis,
Physical Address
Tunisie
Phone (+216) 71 28 53 00
Fax (+216) 71 28 52 80
Email contact@etap.com.tn
Website www.etap.com.tn

Current Year Ranking 225

Previous Year Ranking 235
Diff 10
Company Egyptian Pharmaceuticals Trading'
Sector Pharmaceuticals
Country Egypt
Turnover 2020 559.7
Net Profits 6,4
Turnover Change 0,34
CEO's Last Name Ameen
CEO's First Name Tahany Mamdouh
Designation Chief Executive Officer
Mailing Address
Beside Nasser Institute For Research
Physical Address
& Treatment 1353 Corniche El Nil,
Pg. 650 Africa Business Directory - Ed. 2022

Aghakhan, Shoubra, Cairo Cairo,

Cairo Egypt
Phone +20-222250000
Fax
Email
Website www.eptc-egydrug.com

Current Year Ranking 226

Previous Year Ranking 289
Diff 63
Company Dangote Sugar Refinery
Sector Agribusiness
Country Nigeria
Turnover 2020 559.3
Net Profits 777
Turnover Change 0,27
CEO's Last Name Singh
CEO's First Name Ravindra
Designation Managing Director
Mailing Address
Modandola House, 42/44 Warehouse
Physical Address
Road, Apapa, Lagos
Phone 00234 1 271 4646
Fax srefinery@ dangote-group. com
Email www.dangote-group. com
Website

Current Year Ranking 227

Previous Year Ranking 129
Diff -98
Company Hosken Consolidated Investments
Pg. 651 Africa Business Directory - Ed. 2022

Sector Diversified
Country South Africa
Turnover 2020 558.9
Net Profits -67.0
Turnover Change -0,25
CEO's Last Name Caplin
CEO's First Name Ricky
Designation Chief Executive Officer
Mailing Address Box 5251 Cape Town 8000
Block B Lonhkloof Studios, Darters
Physical Address
Road, Gardens 8001
Phone 0027 21 481 7560
Fax 0027 21 426 2777
Email cshapiro@hci.co.za
Website www.hci.co.za

Current Year Ranking 228

Previous Year Ranking 159
Diff -69
Company Transnet Rail Engineering
Sector Rail transpo
Country South Africa
Turnover 2020 558.9
Net Profits ND
Turnover Change -0,34
CEO's Last Name Vallihu
CEO's First Name Richard
Designation CEO of Division
Mailing Address Box 15912 Lynn East 0039
160 Lynnette Street, Transwerk Park,
Physical Address
Kilner Park, Pretoria 0186
Pg. 652 Africa Business Directory - Ed. 2022

Phone 0027 12 391 1301

Fax 0027 12 391 1342
Email nicole.mitchell@transnet.net
Website www.transnet.net

Current Year Ranking 229

Previous Year Ranking 250
Diff 21
Company Egypt Kuwait Holding Co.
Sector Diversified
Country Egypt
Turnover 2020 557.9
Net Profits 153.9
Turnover Change 0,06
CEO's Last Name El-Zayat
CEO's First Name Sherif
Designation Chief Executive Officer
Mailing Address
14, Hassan Mohamed El Razzaz Street,
Physical Address
Agouza, Giza
Phone 20233363300
Fax 20233358999
Email info@ekholding. com
Website www.ekholding.com

Current Year Ranking 230

Previous Year Ranking 183
Diff -47
Company Reunert
Sector ICT
Pg. 653 Africa Business Directory - Ed. 2022

Country South Africa

Turnover 2020 549.0
Net Profits 0,5
Turnover Change -0,28
CEO's Last Name Dickson
CEO's First Name Alan
Designation Chief Executive Officer
Mailing Address Box 784391 Sandton 2146
Lincolnwood Office Park, 6-10 Wood-
Physical Address
lands Drive Woodmead 2191
Phone 0027 11 517 9000
Fax 0027 11 517 9035
Email investor@reunert.co.za
Website www.reunert.co.za

Current Year Ranking 231

Previous Year Ranking 266
Diff 35
Company BUA Cement
Sector Construction
Country Nigeria
Turnover 2020 546.7
Net Profits 184,1
Turnover Change 0,14
CEO's Last Name Binji
CEO's First Name Yusuf Haliru
Designation CEO
Mailing Address
5th Floor, BUA Towers, PC 32,
Physical Address Churchgate Street, Victoria Island,
Lagos, Nigeria
Pg. 654 Africa Business Directory - Ed. 2022

Phone 234-14610669
Fax 234-1-2623535
Email info@buacement.com
Website www.buacement.com

Current Year Ranking 232

Previous Year Ranking 207
Diff -25
Company Ciel Group
Sector Diversified
Country Mauritius
Turnover 2020 540 8
Net Profits -53,4
Turnover Change -0,16
CEO's Last Name Dalais
CEO's First Name Jean-Pierre
Designation Chief Executive Officer
Mailing Address
5th floor, Ebene Skies, Rue de l’Institut,
Physical Address
Ebene
Phone 2304042200
Fax 2304042201
Email nfo@cielgoup.com
Website www.cielgroup.com

Current Year Ranking 233

Previous Year Ranking 233
Diff 0
Company Biopharm
Sector Pharmaceuticals
Pg. 655 Africa Business Directory - Ed. 2022

Country Algeria
Turnover 2020 538.9
Net Profits 42.0
Turnover Change -0,05
CEO's Last Name Lahmar
CEO's First Name Sofiane
Designation President & Director General
Mailing Address
Physical Address 12 Rue Ali Boumendjel, Algiers
Phone 00213 21 71 3134
Fax 00213 21 73 47 95
Email headquarter@biop- harmdz.com
Website www.biopharmdz.com

Current Year Ranking 234

Previous Year Ranking 172
Diff -62
Company Total Nigeria
Sector Petroleum
Country Nigeria
Turnover 2020 534.3
Net Profits 5.4
Turnover Change -0,33
CEO's Last Name Torres
CEO's First Name Jean Philippe
Designation Chairman
Mailing Address Box 2143 Marina, Lagos
Physical Address Afribank Street, Victoria Island, Lagos
Phone 00234 1 461 9182
Fax 00234 1 461 0544
Pg. 656 Africa Business Directory - Ed. 2022

Email enquiry@total.com.ng
https://totalenergies.com/fr/au-
Website
nigeria

Current Year Ranking 235

Previous Year Ranking 245
Diff 10
Company Zeder Investments
Sector Agribusiness
Country South Africa
Turnover 2020 532,8
Net Profits 42.6
Turnover Change 0,01
CEO's Last Name Le Roux
CEO's First Name Johann
Chief Executive Officer and financial
Designation
director
Mailing Address PO Box 7403 Stellenbosch 7599
2nd Floor, Ou Kollege 35 Kerk Street
Physical Address
Stellenbosch 7600
Phone
Fax
Email info@zeder.co.za
Website www.zeder.co.za

Current Year Ranking 236

Previous Year Ranking 249
Diff 13
Company Pharmacie Centrale de Tunisie*
Sector Pharmaceuticals
Country Tunisia
Pg. 657 Africa Business Directory - Ed. 2022

Turnover 2020 524.7

Net Profits ND
Turnover Change 0,18
CEO's Last Name Irmani
CEO's First Name Bechir
Designation President & Director General
Mailing Address
Reserve Hospi- taliere, Ave de
Physical Address l’Environnement, Nouvelle Medina
2013 Ben Arous, Tunis
Phone 00216 71 38 90 20
Fax
Email pdg@phct.com.tn
Website www.phct.com.tn

Current Year Ranking 237

Previous Year Ranking 274
Diff 37
Company Groupe Managem
Sector Mining
Country Morocco
Turnover 2020 524.7
Net Profits 25.0
Turnover Change 0,12
CEO's Last Name Toumi
CEO's First Name Imad
Designation President
Mailing Address Box 5199 Casablanca
Twin Centre, Tower A, Corner
Physical Address Zerktouni & Al Massira Boulveards,Al
Khadra.
Pg. 658 Africa Business Directory - Ed. 2022

Phone 00212 5 22 95 65 65
Fax 00212 5 22 95 6464
Email s.rahmaoui@managemgroup.com
Website www.managemgroup.com

Current Year Ranking 238

Previous Year Ranking 251
Diff 13
Company Kenya Ports Authority
Sector Ports
Country Kenya
Turnover 2020 520.9
Net Profits 67.2
Turnover Change 0,18
CEO's Last Name Mwangemi
CEO's First Name John
Designation Managing Director
Mailing Address P.O. Box 95009-80104 Mombasa
Physical Address XJ5Q+4MW, Mombasa, Kenya
Phone 254-41-2112999
Fax 254 41 2311867
Email customerfeedback@kpa.co.ke
Website www.kpa.co.ke

Current Year Ranking 239

Previous Year Ranking 252
Diff 13
Company Hyproc Shipping Co
Sector Petroleum
Country Algeria
Pg. 659 Africa Business Directory - Ed. 2022

Turnover 2020 518.6

Net Profits ND
Turnover Change 0,02
CEO's Last Name Boudia
CEO's First Name Hocine
Designation President and CEO
Zhun USTO - BP 7200 Es-Seddikia
Mailing Address
31000 - Oran, Algérie
Zone Industrielle d'Arzew 31200
Physical Address
Arzew Oran
Phone 213 41 821515
Fax 213 41 821818
Email hyproc@hyproc.dz
Website www.hyproc.com

Current Year Ranking 240

Previous Year Ranking 255
Diff 15
Company Vodacom DRC
Sector ICT
Country DRC
Turnover 2020 509.2
Net Profits ND
Turnover Change 0
CEO's Last Name Al Americani
CEO's First Name Khalil
Designation Managing Director
Mailing Address Box 797 Kinshasa 1
2nd floor Mobil Oil Building, 3157
Physical Address Boulevard du 30 Juin, Kin- shasa -
Gombe
Pg. 660 Africa Business Directory - Ed. 2022

Phone 00234 81 313 1000

Fax vodacom@voda- com.cd
Email www.vodacom.cd
Website

Current Year Ranking 241

Previous Year Ranking 319
Diff 78
Company Société des Mines de Tongon
Sector Mining
Country Côte d'Ivoire
Turnover 2020 507.0
Net Profits 83
Turnover Change 0,32
CEO's Last Name Bristow
CEO's First Name Dennis Mark
Designation Chief Executive Officer
Mailing Address
22 Rue des Hortensias L125 Boulevard
Physical Address
Latrille Cocody Ambassade
Phone (+225) 08 30 87 87
Fax 01 BP 1216 Abidjan 01
Email
Website www.barrick.com

Current Year Ranking 242

Previous Year Ranking 258
Diff 16
Company Comair"
Sector Air transport
Pg. 661 Africa Business Directory - Ed. 2022

Country South Africa

Turnover 2020 506.8
Net Profits 63.8
Turnover Change 0,12
CEO's Last Name Venter
CEO's First Name Erik
Designation Chief Executive Officer
Mailing Address
Physical Address Box 7015 Bonaero Park 1622
Phone 1, Marignane Drive Bonaero Park 1619
Fax 0027 11 921 0111
Email 0027 11 441 4600
Website cr@comair.co.za

Current Year Ranking 243

Previous Year Ranking 206
Diff -37
Company East African Breweries Kenya
Sector Food & Drinks
Country Kenya
Turnover 2020 504.9
Net Profits ND
Turnover Change -0,22
CEO's Last Name Martin
CEO's First Name Oduor-Otieno
Designation Chairman
Mailing Address Box 30161, Nairobi 00100
Corporate Centre Ruaraka, Off Thika
Physical Address
Road, Nairobi
Phone 2548644000
Pg. 662 Africa Business Directory - Ed. 2022

Fax 2548563054
Email eabl.info@eabl.com
Website www.eabl.com

Current Year Ranking 244

Previous Year Ranking 218
Diff -26
Company Mondi Group South Africa
Sector Wood
Country South Africa
Turnover 2020 502 4
Net Profits ND
Turnover Change -0,17
CEO's Last Name King
CEO's First Name Andrew
Designation Chief Executive Officer
Postnet Suite No.444, PBag X1 Melrose
Mailing Address
Arch Johannesburg 2076
4th floor, 3 Melrose Building, Melrose
Physical Address
Arch 2196
Phone 0027 11 994 54 00
Fax 0027 86 520 4688
Email ir@mondigroup. com
Website www.mondigroup.com

Current Year Ranking 245

Previous Year Ranking 256
Diff 11
Company Adcock Ingram Holdings
Sector Pharmaceuticals
Country South Africa
Pg. 663 Africa Business Directory - Ed. 2022

Turnover 2020 501.3

Net Profits 46,5
Turnover Change 0
CEO's Last Name Hall
CEO's First Name Andrew
Designation Chief Executive Officer
Mailing Address PBag X69 Bryanston 2021
Physical Address 1 New Road Midrand 1682
Phone 0027 11 635 0171
Fax 0027 11 494 1038
Email dudu.ndlovu@adcock.com
Website www.adcock.com

Current Year Ranking 246

Previous Year Ranking 244
Diff -2
Company AFC
Sector Chemicals
Country Egypt
Turnover 2020 499.9
Net Profits 170.9
Turnover Change -0,06
CEO's Last Name Abed
CEO's First Name Ezz El Regal
Designation Chairman
Mailing Address Box 21911 Alexandria
Physical Address Tabia, Rashid’s Road, Alexndria
Phone 0020 10 162 5632
Fax 0020 3 560 3032
Email afc@abuqir.com
Pg. 664 Africa Business Directory - Ed. 2022

Website www.abuqir.com

Current Year Ranking 247

Previous Year Ranking 221
Diff -26
Company Seplat Petroleum Development Co.
Sector Petroleum
Country Nigeria
Turnover 2020 498,3
Net Profits -80.2
Turnover Change -0,15
CEO's Last Name Brown
CEO's First Name Roger Thompson
Chief Executive Officer and Executive
Designation
Director
Mailing Address
Physical Address 16A Temple Road Ikoyi Lagos Nigeria
Phone 23412770400
Fax 2342716095
Email info@seplatenergy.com
Website www.seplatenergy.com

Current Year Ranking 248

Previous Year Ranking 148
Diff -100
Company Choppies Enterprises
Sector Retail
Country Botswana
Turnover 2020 496 4
Net Profits -43.0
Pg. 665 Africa Business Directory - Ed. 2022

Turnover Change 0
CEO's Last Name Ottapathu
CEO's First Name Ramachandran "Ram"
Designation CEO
Private Bag 00278, Gaborone,
Mailing Address
Botswana
Physical Address Plot 169, GICP Gaborone Botswana
Phone 2673186657
Fax 2673186656
Email info@choppies.co.bw
Website https://choppies.co.bw

Current Year Ranking 249

Previous Year Ranking 303
Diff 54
Company Orange Guinée
Sector ICT
Country Guinea
Turnover 2020 495.0
Net Profits ND
Turnover Change 0,22
CEO's Last Name Diakite
CEO's First Name Brutus Sadou
Designation CEO
Mailing Address BP 4549 Conakry - Guinée
Boulevard Bellevue, Commune de
Physical Address
Dixinn, Immeuble Bellevue
Phone 624 93 01 01
Fax
serviceclientogn@orange-
Email
sonatel.com
Pg. 666 Africa Business Directory - Ed. 2022

Website www.orange-guinee.com

Current Year Ranking 250

Previous Year Ranking 359
Diff 109
Company Houndé Gold Corp.
Sector Mining
Country Burkina Faso
Turnover 2020 494.0
Net Profits ND
Turnover Change 0,56
CEO's Last Name De Montessus
CEO's First Name Sébastien
Designation President Directeur General
Mailing Address
Rue 13.16 - Zone du Bois
Physical Address
Ouagadougou Burkina Faso
Phone (226) 25 36 97 49
Fax (226) 25 36 97 48
Email
Website www.endeavourmining.com

Current Year Ranking 251

Previous Year Ranking 273
Diff 22
Company Centrale Danone
Sector Food & Drinks
Country Morocco
Turnover 2020 485.0
Net Profits 8.0
Pg. 667 Africa Business Directory - Ed. 2022

Turnover Change 0,03

CEO's Last Name de Saint-Affrique
CEO's First Name Antoine
Designation Chief Executive
Mailing Address
Twin Center Tour A 6 Eme Etage,
Physical Address
Casablanca, Maroc
Phone +212 5290-02363
Fax 522227332
Email
Website https://corporate.danone.ma/

Current Year Ranking 252

Previous Year Ranking 271
Diff 19
Company JuhaynaFood Industries
Sector Food & Drinks
Country Egypt
Turnover 2020 484.7
Net Profits 27.2
Turnover Change 0,02
CEO's Last Name Thabet
CEO's First Name Seif
Designation Chairman
Mailing Address
Juhayna Building, 11 Al Gihad Street, Al
Physical Address
Mohandiseen, Lebanon Square, Giza
Phone 2023303707
Fax 20233037075
Email info@juhayna.com
Website www.juhayna.com
Pg. 668 Africa Business Directory - Ed. 2022

Current Year Ranking 253

Previous Year Ranking 267
Diff 14
Company TAQA Arabia*
Sector Petroleum
Country Egypt
Turnover 2020 480.7
Net Profits 24.4
Turnover Change 0,47
CEO's Last Name Khaled
CEO's First Name Abu Bakr
Designation Executive Chairman
Mailing Address Box: 40 Magles EL-Shaab 11516
2, Simon Bolivar Square, Garden City,
Physical Address
Cairo, Egypt
Phone (202) 2796 1494 / 2795 4671
Fax (202) 2796 2821
Email info@taqa.com.eg
Website https://www.taqa.com.eg/

Current Year Ranking 254

Previous Year Ranking 112
Diff -142
Company Kenya Airways
Sector Air transport
Country Kenya
Turnover 2020 480.5
Net Profits -328.8
Turnover Change -0,62
Pg. 669 Africa Business Directory - Ed. 2022

CEO's Last Name Kilavuka

CEO's First Name Allan
Executive Group Managing Director &
Designation
Chief Executive
Mailing Address Box 19002 Nairobi
Physical Address Airport North Road, Embakasi, Nairobi
Phone +254 20 327 4747
Fax +254 02 082 3488
Email contact@kenya-airways.com
Website www.kenya-airways.com

Current Year Ranking 255

Previous Year Ranking 262
Diff 7
Company Ascendis Health
Sector Pharmaceuticals
Country South Africa
Turnover 2020 475.1
Net Profits -73.2
Turnover Change ND
CEO's Last Name Kujenga
CEO's First Name Cheryl-Jane (CJ)
Executive director, Chief Financial
Designation
Officer and interim CEO
Mailing Address PostNet Suite #252, Private Bag X21
31 Georgian Crescent East Bryanston,
Physical Address
Johannesburg, Gauteng South Africa
Phone +27 11 036 9600
Fax
Email info@ascendishealth.com
Website https://ascendishealth.com/
Pg. 670 Africa Business Directory - Ed. 2022

Current Year Ranking 256

Previous Year Ranking 265
Diff 9
Company Ardova
Sector Petroleum
Country Nigeria
Turnover 2020 474.1
Net Profits 5.4
Turnover Change 0,28
CEO's Last Name Adeosun
CEO's First Name Olumide
Designation Chief Executive Officer
Mailing Address
105, Olusegun Obasanjo Way, Central
Physical Address
Area, FCT Abuja
Phone (+) 234 1 2776100
Fax
Email InvestorRelations@ardovaplc.com
Website https://www.ardovaplc.com/

Current Year Ranking 257

Previous Year Ranking 275
Diff 18
Company Namibian Power Corp.
Sector Utilities
Country Namibia
Turnover 2020 470.3
Net Profits 69.7
Turnover Change 0
Pg. 671 Africa Business Directory - Ed. 2022

CEO's Last Name Haulofu

CEO's First Name Simson
Designation Managing Director
Mailing Address Box 2864 Windhoek
Nampower Center, 15 Luther Street,
Physical Address
Windhoek
Phone 00264 61 205 411
Fax 00264 61 232 805
Email info@nampower.com.na
Website www.nampower.com.na

Current Year Ranking 258

Previous Year Ranking 287
Diff 29
Company Petroci*
Sector Petroleum
Country Côte d'Ivoire
Turnover 2020 468.0
Net Profits 9.2
Turnover Change 0,04
CEO's Last Name Bamba
CEO's First Name Vamissa
Designation Director General
Mailing Address Box V194 Abidjan
Immeuble Les Haveas, 14 Boulevard
Physical Address
Carde, Abidjan
Phone 00225 21 85 58
Fax 00225 21 68 24
Email info@petroci.ci
Website www.petroci.ci
Pg. 672 Africa Business Directory - Ed. 2022

Current Year Ranking 259

Previous Year Ranking 254
Diff -5
Company CDG Developpement
Sector Services
Country Morocco
Turnover 2020 463.8
Net Profits 10.7
Turnover Change -0,09
CEO's Last Name Tawfiki
CEO's First Name Hamid
Designation President & Director General
Mailing Address
Corner Avenue Annakhil & Mehdi Ben
Physical Address
Barna, Hay Riad, Rabat
Phone 00212 5 37 57 60 00
Fax 00212 5 37 71 46 78
Email info@cdgdev.ma
Website www.cdgdev.ma

Current Year Ranking 260

Previous Year Ranking 429
Diff 169
Company Driefontein Mine / Sibanye Stillwater
Sector Mining
Country South Africa
Turnover 2020 463.5
Net Profits 34.0
Turnover Change 0,97
CEO's Last Name Dr.Maphai
Pg. 673 Africa Business Directory - Ed. 2022

CEO's First Name Vincent

Designation Chairman
Mailing Address
Physical Address Carletonville, 2499, South Africa
Phone 800001987
Fax
Email sibanyestillwater@tip-offs.com
Website https://www.sibanyestillwater.com/

Current Year Ranking 261

Previous Year Ranking 279
Diff 18
Company Lewis Group*
Sector Retail
Country South Africa
Turnover 2020 458.9
Net Profits 29.5
Turnover Change 0
CEO's Last Name Smart
CEO's First Name Alan
Designation Chief Executive Officer
Mailing Address Box 43 Woodstock 7915
Physical Address 53 Victoria Road Wood- stock 7925
Phone 0027 21 460 4400
Fax 0027 11 460 4509
Email graeme@tier1ir.co.za
Website www.lewisgroup.co.za

Current Year Ranking 262

Previous Year Ranking 236
Pg. 674 Africa Business Directory - Ed. 2022

Diff -26
Company Bell Equipment
Sector Auto industry
Country South Africa
Turnover 2020 456.5
Net Profits -3.9
Turnover Change -0,18
CEO's Last Name Goosen
CEO's First Name Leon
Designation Group Chief executive
Mailing Address Pbag X20046 Empangeni 3880
13-19 Carbon- ode Cell, Alton,
Physical Address
Richards Bay 3900
Phone 0027 35 907 9111
Fax 0027 35 907 9330
Email garyb@bell.co.za
Website www.bellequipment.com

Current Year Ranking 263

Previous Year Ranking 261
Diff -2
Company Italtile
Sector Construction
Country South Africa
Turnover 2020 456.5
Net Profits 65.8
Turnover Change -0,08
CEO's Last Name Foxcroft
CEO's First Name Lance
Designation Group Execu- tive Chairman
Pg. 675 Africa Business Directory - Ed. 2022

Mailing Address Box 1689 Randburg 2125

The Italtile Centre, Corner William
Physical Address Nicol Drive & Peter Place, Bryanston
2021
Phone 0027 11 510 9050
Fax 0027 11 510 9060
Email italrndbm@italtile.co.za
Website www.italtile.co.za

Current Year Ranking 264

Previous Year Ranking 320
Diff 56
Company MTN Cameroon
Sector ICT
Country Cameroon
Turnover 2020 456.2
Net Profits ND
Turnover Change 0,19
CEO's Last Name Blewett
CEO's First Name Stephen
Designation Chief Executive Officer
Mailing Address Box 15574 Douala
Physical Address 360 Rue Drouot, Douala
Phone 00237 79 00 90 90
Fax 00237 79 00 90 40
Email contact@mtn.cm
Website www.mtn.cm

Current Year Ranking 265

Previous Year Ranking 284
Pg. 676 Africa Business Directory - Ed. 2022

Diff 19
Company Prosuma Group*
Sector Retail
Country Côte d'Ivoire
Turnover 2020 453.2
Net Profits 1.7
Turnover Change 0,03
CEO's Last Name Fakhry
CEO's First Name Issam
Designation President & Director General
Mailing Address 01 BP Abidjan
Physical Address Costa de Marfil, 3747 Abidjan
Phone 00225 21 25 34 16
Fax 00225 21 25 29 22
Email pdg@groupeprosuma.com
Website www.groupeprosuma.com

Current Year Ranking 266

Previous Year Ranking 338
Diff 72
Company Perseus Mining Ghana
Sector Mining
Country Ghana
Turnover 2020 453.0
Net Profits 72.3
Turnover Change 0,27
CEO's Last Name Quartermaine
CEO's First Name Jeff
Managing Director and Chief
Designation
Executive Officer
Pg. 677 Africa Business Directory - Ed. 2022

Mailing Address PO Box CT2576 Accra, Ghana

4 Chancery Court 147A Giffard Road
Physical Address
East Cantonments, Accra, Ghana
Phone +233 30 276 0530
Fax +233 30 276 0528
Email
Website https://perseusmining.com/

Current Year Ranking 267

Previous Year Ranking 292
Diff 25
Company Ooredoo Tunisia
Sector ICT
Country Tunisia
Turnover 2020 452.4
Net Profits ND
Turnover Change 0,04
CEO's Last Name Al Khater
CEO's First Name Mansoor Rashid
Designation Managing Director
Mailing Address
Imm. Zenith Les Jardins du Lac 1053 -
Physical Address
Les Berges du Lac Tunis
Phone +216 36 120 000
Fax
Email
https://www.ooredoo.tn/Personal/fr/
Website
accueil

Current Year Ranking 268

Previous Year Ranking 283
Pg. 678 Africa Business Directory - Ed. 2022

Diff 15
Company Industries Chimiques du Senegal*
Sector Mining
Country Senegal
Turnover 2020 450.0
Net Profits ND
Turnover Change ND
CEO's Last Name Diallo
CEO's First Name Alassane
Designation Chairman
Mailing Address Box 3835 Dakar
Physical Address Km 18, Route de Rufisque, Dakar
Phone 00221 338 79 10 00
Fax 00221 338 34 33 57
Email icssg@ics.sn
Website www.ics.sn

Current Year Ranking 269

Previous Year Ranking 268
Diff -1
Company Umeme
Sector Utilities
Country Uganda
Turnover 2020 448.4
Net Profits 11.6
Turnover Change -0,07
CEO's Last Name Babungi
CEO's First Name Selestino
Designation Managing Director
Mailing Address
Pg. 679 Africa Business Directory - Ed. 2022

Physical Address 8J6P+WJW, Kampala, Ouganda

Phone +256 800 385385
Fax
Email
Website http://umeme.co.ug/

Current Year Ranking 270

Previous Year Ranking 223
Diff -47
Company Pioneers Holding
Sector Financial services
Country Egypt
Turnover 2020 445.5
Net Profits 68.9
Turnover Change -0,24
CEO's Last Name Zaki
CEO's First Name Waleed Mohamed
Designation Chairman & CEO
Mailing Address
4923+HJQ, Sheraton Al Matar, El
Physical Address
Nozha, Cairo Governorate 4471011
Phone
Fax
Email IR@pioneersholding.com
Website https://pioneersholding.com/

Current Year Ranking 271

Previous Year Ranking 296
Diff 25
Company SFBT
Pg. 680 Africa Business Directory - Ed. 2022

Sector Food & Drinks

Country Tunisia
Turnover 2020 443.8
Net Profits 80.5
Turnover Change 0,03
CEO's Last Name Bousbia
CEO's First Name Mohamed
Designation Chairman
Mailing Address Box 75 Mahdia Riadh 5100
Centre Urbain Building, Boule- vard
Physical Address de la Terre, Babsaadoun Area, Tunis
1080
Phone 00216 71 896 447
Fax 00216 71 896 492
Email sfbt.dgp@planet.tn
Website www.made-in-tunisia.net

Current Year Ranking 272

Previous Year Ranking 335
Diff 63
Company Orange Burkina Faso
Sector ICT
Country Burkina Faso
Turnover 2020 442.9
Net Profits ND
Turnover Change 0,23
CEO's Last Name Coulibaly
CEO's First Name Mamadou
Designation Executive Officer
Mailing Address 01 BP 6622, Ouagadougou 01
Pg. 681 Africa Business Directory - Ed. 2022

771, Avenue du Président Aboubacar

Physical Address
Sangoulé LAMIZANA
Phone +226 25 66 33 00
Fax
Email info.obf@orange.com
Website https://www.orange.bf/

Current Year Ranking 273

Previous Year Ranking 419
Diff 146
Company Groupe Intelcia
Sector Services
Country Morocco
Turnover 2020 442.2
Net Profits ND
Turnover Change 0,81
CEO's Last Name BERNOUSSI
CEO's First Name Karim
Designation Chief Executive Officer
Mailing Address
Imm. InTown Bd Zoulikha Naciri,
Physical Address
20270, Casablanca - Maroc
Phone +212 (0) 5 22 95 62 00
Fax +212 (0) 5 29 01 41 50
Email
https://www.intelcia.com/fr/le-
Website
groupe

Current Year Ranking 274

Previous Year Ranking 299
Diff 25
Pg. 682 Africa Business Directory - Ed. 2022

Company Mustek
Sector ICT
Country South Africa
Turnover 2020 436.5
Net Profits 6.0
Turnover Change 0,05
CEO's Last Name Kan
CEO's First Name David
Designation Chief Executive Officer
Mailing Address Box 1638 Parklands 2121
322 15th Road, Randjespark, Midrand
Physical Address
1685
Phone 0027 11 237 1000
Fax 0027 11 314 5020
Email brunip@mustek.co.za
Website www.mustek.co.za

Current Year Ranking 275

Previous Year Ranking 168
Diff -107
Company Total Gabon
Sector Petroleum
Country Gabon
Turnover 2020 434.9
Net Profits -87.5
Turnover Change -0,46
CEO's Last Name Bassene
CEO's First Name Stephane
Designation Director General
Mailing Address Box 525 Port-Gentil
Pg. 683 Africa Business Directory - Ed. 2022

Physical Address Boulevard Hourcq, Port- Gentil

Phone 0033 1 47 44 31 86
Fax
Email ep-ga-dss.web- master@total.com
Website www.total-gabon.com

Current Year Ranking 276

Previous Year Ranking 295
Diff 19
Company African Oxygen*
Sector Chemicals
Country South Africa
Turnover 2020 432.8
Net Profits 45.1
Turnover Change 0,03
CEO's Last Name Hogben
CEO's First Name Rick
Designation Managing Director
Mailing Address Box 5404 Johannes- burg 2000
Afrox House, 23 Webber Street, Selby
Physical Address
Johan- nesburg 2001
Phone 0027 11 490 400
Fax 0027 11 493 1580
Email nick.thomson@afrox.linde.com
Website www.afrox.co.za

Current Year Ranking 277

Previous Year Ranking 317
Diff 40
Company Solibra
Pg. 684 Africa Business Directory - Ed. 2022

Sector Food & Drinks

Country Côte d'Ivoire
Turnover 2020 428.9
Net Profits 32.8
Turnover Change 0,11
CEO's Last Name Samson
CEO's First Name Eric
Designation Director General
Mailing Address
Physical Address 35 Rue des Bras- seurs, Abidjan 1304
Phone 00225 21 21 12 00
Fax 00225 21 35 97 91
Email contact@solibra.ci
Website www.solibra.ci

Current Year Ranking 278

Previous Year Ranking 248
Diff -30
Company 11 Pic
Sector Petroleum
Country Nigeria
Turnover 2020 427.8
Net Profits 16.3
Turnover Change -0,19
CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Pg. 685 Africa Business Directory - Ed. 2022

Fax -
Email -
Website -

Current Year Ranking 279

Previous Year Ranking 269
Diff -10
Company Hudaco Industries
Sector Auto industry
Country South Africa
Turnover 2020 426.7
Net Profits 0.6
Turnover Change -0,11
CEO's Last Name Dunford
CEO's First Name Graham
Designation Chief Executive Officer
Mailing Address Box 412523 Craighall 2024
Physical Address 269 Oxford Road, Illovo
Phone 0027 11 268 5891
Fax 0027 11 268 5894
Email maria@countrybird.co.za
Website www.countrybird.co.za

Current Year Ranking 280

Previous Year Ranking 310
Diff 30
Company Lesieur Cristal
Sector Food & Drinks
Country Morocco
Turnover 2020 422.2
Pg. 686 Africa Business Directory - Ed. 2022

Net Profits 17.8

Turnover Change 0,07
CEO's Last Name Cheddadi
CEO's First Name Khalid
Designation Chairman and Managing Director
Box 3095 Roches Noires 20300
Mailing Address
Casablanca
1, Rue Caporal Corbi, Roches Noires,
Physical Address
20300 Casablanca
Phone 00212 22 67 93 50
Fax 00212 22 35 45 78
Email contact@lesieur-cristal.ma
Website www.lesieur-cristal.ma

Current Year Ranking 281

Previous Year Ranking 306
Diff 25
Company Tunisie Telecom
Sector ICT
Country Tunisia
Turnover 2020 419.9
Net Profits ND
Turnover Change 0,05
CEO's Last Name Kraiem
CEO's First Name Mohamed Fadhel
Designation Chief Executive
Mailing Address 1053 Berges du Lac
Physical Address Jardins du Lac II, 1053, Tunis, Tunisie
Phone +216 71 960 414
Fax
Email
Pg. 687 Africa Business Directory - Ed. 2022

Website

Current Year Ranking 282

Previous Year Ranking 288
Diff 6
Company Vodacom Tanzania
Sector ICT
Country Tanzania
Turnover 2020 419.0
Net Profits -12.9
Turnover Change -0,06
CEO's Last Name Mdlalose
CEO's First Name Sitholizwe
Designation managing Director
Mailing Address Box 2369 Dares Salaam
1st floor, Building No.2, Mlimani City
Physical Address Office Park, Mlimani City, Sam
Nujoma Road, Dares Salaam
Phone 00255 754 70 5000
Fax 00255 22 212 4267
Email corporate@vodacom.co.tz
Website www.vodacom.co.tz

Current Year Ranking 283

Previous Year Ranking 314
Diff 31
Company Airtel Uganda
Sector ICT
Country Uganda
Turnover 2020 418.9
Pg. 688 Africa Business Directory - Ed. 2022

Net Profits 109.6

Turnover Change 0,22
CEO's Last Name Murali
CEO's First Name Manoj
Designation Managing Director
Mailing Address P. O. Box 6771 Kampala
Airtel Towers, Plot 16A, Clement Hill,
Physical Address
Kampala
Phone 705100100
Fax +256 75 2234933
Email customerservice@ug.airtel.com
Website https://www.airtel.co.ug/

Current Year Ranking 284

Previous Year Ranking 373
Diff 89
Company Zain Sudan
Sector ICT
Country Sudan
Turnover 2020 417.0
Net Profits 61.0
Turnover Change 0,37
CEO's Last Name Erwa
CEO's First Name Elfatih
Designation Group CEO
Mailing Address Box 22244 Safat 13083 Kuwait
Old Airport Road, Opposite City
Physical Address
Centre, Shuwaikh, Kuwait
Phone 00965 2 464 4444
Fax 00965 2 464 4506
Email ir@zain.com
Pg. 689 Africa Business Directory - Ed. 2022

Website www.zain.com

Current Year Ranking 285

Previous Year Ranking 290
Diff 5
Company Tanzania Breweries
Sector Food & Drinks
Country Tanzania
Turnover 2020 413.6
Net Profits 38.3
Turnover Change -0,06
CEO's Last Name Redman
CEO's First Name Philip
Designation MAnaging Director
Mailing Address Box 9013 Dar es Salaam
Physical Address Uhuru Street, Dar es Salaam
Phone +255 222 182 779
Fax +255 222 181 457
Email edith.mushi@tz.sabmiller.com
Website www.sabmiller.com

Current Year Ranking 286

Previous Year Ranking 300
Diff 14
Company Ciment du Maroc
Sector Construction
Country Morocco
Turnover 2020 410.9
Net Profits 81.4
Turnover Change 0
Pg. 690 Africa Business Directory - Ed. 2022

CEO's Last Name Rozzanigo

CEO's First Name Matteo
Designation Chief Executive
Mailing Address 20 150 Casablanca
Physical Address 621, boulevard Panoramique
Phone +212 522 85 9450
Fax +212 522 52 2311
Email presse-contact@cimar.co.ma
https://www.cimentsdumaroc.com/f
Website
r

Current Year Ranking 287

Previous Year Ranking 278
Diff -9
Company Total Petroleum Ghana
Sector Petroleum
Country Ghana
Turnover 2020 407.0
Net Profits 19.1
Turnover Change -0,12
CEO's Last Name Fanchini
CEO's First Name
Managing Director & Executive
Designation
Director
Mailing Address P.O.Box 553, Accra
Physical Address Total House, 25 Liberia Road, Accra
Phone 0302 611530/ 0302 611555-6
Fax
totalgh.inquiry.gh@totalenergies.co
Email
m.gh
Website https://totalenergies.com.gh/
Pg. 691 Africa Business Directory - Ed. 2022

Current Year Ranking 288

Previous Year Ranking 341
Diff 53
Company Orange Cameroon
Sector ICT
Country Cameroon
Turnover 2020 404.8
Net Profits ND
Turnover Change 0,15
CEO's Last Name Benon
CEO's First Name Patrick
Designation Chief Executive Officer
Mailing Address Box 1864 Douala
Physical Address CBC Building Avenue Kenedy Douala
Phone 00237 33 41 00 11
Fax 00237 33 42 74 30
Email contact@orange.com
Website www.orange.com

Current Year Ranking 289

Previous Year Ranking 304
Diff 15
Company Suez cement Co.
Sector Construction
Country Egypt
Turnover 2020 402.1
Net Profits -73.3
Turnover Change -0,03
CEO's Last Name Magrina
Pg. 692 Africa Business Directory - Ed. 2022

CEO's First Name José Maria

Designation Chairman
Mailing Address Box 2691 Helwan
Km 30 Maadi/ Kattameya, Ein Sokhna
Physical Address
Road, Helwan
Phone 20225946708
Fax 00202 25 946 701
Email m.ibrahim3@suezcem.com
Website www.suezcement.com.eg

Current Year Ranking 290

Previous Year Ranking 340
Diff 50
Company Bissa-Bouly/ Nordgold
Sector Mining
Country Burkina Faso
Turnover 2020 401.8
Net Profits ND
Turnover Change 0,14
CEO's Last Name Zelensky
CEO's First Name Nikolai
Designation Chief Executive Officer
Mailing Address
Physical Address
Phone (+) 7 495 644 44 73
Fax
Email press@nordgold.com
https://www.nordgoldjobs.com/fr/m
Website
ines/bissa-buli-burkina-faso/

Current Year Ranking 291

Pg. 693 Africa Business Directory - Ed. 2022

Previous Year Ranking 355

Diff 64
Company MTN Benin
Sector ICT
Country Benin
Turnover 2020 401.7
Net Profits ND
Turnover Change 0,26
CEO's Last Name Ofodile
CEO's First Name Uche
Designation Chief Executive
Mailing Address 01 BP 5293 Cotonou
Physical Address 360 Rue, Boulevard de la Marina,
Phone +229 21 31 66 41
Fax
Email
Website https://www.mtn.bj/

Current Year Ranking 292

Previous Year Ranking 285
Diff -7
Company Kenya Electricity Generating Co
Sector Utilities
Country Kenya
Turnover 2020 401.4
Net Profits 167.2
Turnover Change -0,11
CEO's Last Name General (Rtd) Mwathethe
CEO's First Name Samson
Pg. 694 Africa Business Directory - Ed. 2022

Chairman Of The Board

Designation (Independent And Non-Executive
Director)
Mailing Address P. O. BOX 47936, 00100, Nairobi
KenGen Pension Plaza II Kolobot
Physical Address
Road, Parklands
Phone +254 711 036-000
Fax
Email pr@kengen.co.ke
Website https://www.kengen.co.ke/

Current Year Ranking 293

Previous Year Ranking 384
Diff 91
Company Abosso Goldfields-Damang Mine
Sector Mining
Country Ghana
Turnover 2020 400.8
Net Profits 45.2
Turnover Change 0,39
CEO's Last Name Holland
CEO's First Name Nick
Designation General Manager
Mailing Address Pbag X20046 Empangeni 3880
150 Helen Road, Sandown, Sandton
Physical Address
2196
Phone 0027 11 562 9700
Fax 0027 11 562 9838
Email info@goldfields.co.za
Website www.goldfields.co.za
Pg. 695 Africa Business Directory - Ed. 2022

Current Year Ranking 294

Previous Year Ranking 316
Diff 22
Company Rhodes Food Group Holding
Sector Food & Drinks
Country South Africa
Turnover 2020 400.1
Net Profits 14.7
Turnover Change 0,04
CEO's Last Name DR MUTHIEN
CEO's First Name YVONNE
Independent Non-executive
Designation
Chairperson
Mailing Address 0800 RHODES (746337)
Pniel Road, Groot Drakenstein, 7680
Physical Address
Western Cape, South Africa
Phone +27 (0)21 870 4000
Fax
Email
Website https://www.rfg.com/

Current Year Ranking 295

Previous Year Ranking 361
Diff 66
Company South Deep Gold Mine/ Goldfiels
Sector Mining
Country South Africa
Turnover 2020 400.1
Net Profits 35.3
Turnover Change 0,27
Pg. 696 Africa Business Directory - Ed. 2022

CEO's Last Name Webber

CEO's First Name Grant
Designation Head of Mining
Mailing Address
South Deep Gold Mine, Old
Physical Address Vereeniging Road, Farm
Modderfontein, Westonaria, 1780
Phone +27 11 411 1600
Fax
Email goldfields@tip-offs.com
https://www.goldfields-
Website
southdeep.co.za/

Current Year Ranking 296

Previous Year Ranking 307
Diff 11
Company Arise
Sector Transport
Country Gabon
Turnover 2020 398.9
Net Profits 99.4
Turnover Change 0,51
CEO's Last Name Gupta
CEO's First Name Gagan
Designation Chief Executive Officer
Mailing Address
GSEZ GABON SPECIAL ECONOMIC
Physical Address
ZONE SA
Phone
Fax
Email contact@arisenet.com
Pg. 697 Africa Business Directory - Ed. 2022

Website https://www.ariseiip.com/fr/accueil/

Current Year Ranking 297

Previous Year Ranking 311
Diff 14
Company Wako International Africa
Sector Construction
Country South Africa
Turnover 2020 397.9
Net Profits ND
Turnover Change 0,01
CEO's Last Name Goodburn
CEO's First Name Stephen J M
Designation Executive chariman
Mailing Address P.O. Box 669, Isando, 1600
181 Barbara Road, Cnr Tunney Road,
Physical Address
Elandsfontein, Gauteng, 1600
Phone +27 11 842 4000
Fax
Email info@wacoafrica.co.za
Website https://www.wacoafrica.co.za/

Current Year Ranking 298

Previous Year Ranking 348
Diff 50
Company Sonabel
Sector Utilities
Country Burkina Faso
Turnover 2020 397.6
Net Profits 1.0
Pg. 698 Africa Business Directory - Ed. 2022

Turnover Change 0,19

CEO's Last Name COULIBBALY
CEO's First Name Baba Ahmed
Designation Chief Executive
Mailing Address
55, Avenue de la nation,
Physical Address
Ouagadougou, BURKINA FASO
Phone (+226) 25 30 61 00 / 02 / 03 / 04
Fax
Email infos@sonabel.bf
Website https://sonabel.bf/

Current Year Ranking 299

Previous Year Ranking 370
Diff 71
Company FEICOM
Sector Services
Country Cameroon
Turnover 2020 394.4
Net Profits ND
Turnover Change 0,29
CEO's Last Name AKOA
CEO's First Name PHILIPPE CAMILLE
Designation Chief Executive
Mailing Address B.P. 718
381, Rue 4.565 Mimboman Yaoundé
Physical Address
4ème – Cameroun
Phone (+237) 222 22 27 28
Fax
Email contact@feicom.cm
Website https://feicom.cm/
Pg. 699 Africa Business Directory - Ed. 2022

Current Year Ranking 300

Previous Year Ranking 333
Diff 33
Company C.N de Prevoyance Sociale
Sector Services
Country Cameroon
Turnover 2020 392.6
Net Profits 135.4
Turnover Change 0,08
CEO's Last Name MEKULU MVONDO AKAME
CEO's First Name Noël Alain Olivier
Designation Chief Executive
Mailing Address
Bp 441 YDE- CMR/ DG, Place de
Physical Address
l'indépendance
Phone +237 2 22 22 46 01
Fax
Email cnps.cameroun@cnps.cm
Website https://www.cnps.cm/index.php/fr/

Current Year Ranking 301

Previous Year Ranking 313
Diff 12
Company Aveng Steel*
Sector Metals
Country South Africa
Turnover 2020 390.0
Net Profits ND
Turnover Change 0,08
Pg. 700 Africa Business Directory - Ed. 2022

CEO's Last Name Flanagan

CEO's First Name Sean
Designation Chief Executive Officer
Mailing Address Box 124054 Alrode 1451
Marthunisen Road, Roodekop
Physical Address
Germiston 1450
Phone 0027 11 861 7111
Fax 0027 11 865 2042
Email hercu.aucamp@trident.co.za
Website www.trident.co.za

Current Year Ranking 302

Previous Year Ranking 328
Diff 26
Company Maghrebail
Sector Financial services
Country Morocco
Turnover 2020 388.9
Net Profits 7.1
Turnover Change 0,04
CEO's Last Name Bengeloun
CEO's First Name Mohamed Amine
Designation Chairman
Mailing Address
45 Boulevard Moulay Youssef,20070
Physical Address
Casa- blanca
Phone 00212 5 22 20 33 04
Fax 00212 5 22 27 44 18
Email ilham.oughla@maghrebail.ma
Website www.maghrebail.ma
Pg. 701 Africa Business Directory - Ed. 2022

Current Year Ranking 303

Previous Year Ranking 343
Diff 40
Company Delice Holding
Sector Agribusness
Country Tunisia
Turnover 2020 386.2
Net Profits 21.5
Turnover Change 0,12
CEO's Last Name MEDDEB
CEO's First Name MOHAMED
Designation Chief Executive Officer
Mailing Address
Immeuble JOUMANA, La Goulette
Physical Address
(10,05 km) 2015 Tunis – Tunisie
Phone (+216) 70 024500
Fax (+216) 71 964 117
Email contact@groupedelice.com.tn
Website https://www.delice.tn/

Current Year Ranking 304

Previous Year Ranking 286
Diff -18
Company Caxton & CTP, Publisher & Printer
Sector Media
Country South Africa
Turnover 2020 380.2
Net Profits -4.4
Turnover Change -0,15
CEO's Last Name Moolman
Pg. 702 Africa Business Directory - Ed. 2022

CEO's First Name Terence Desmond

Designation Chief Executive Officer
Mailing Address Box 1610 Parklands 2121
Caxton House, 368 Jan Smuts
Physical Address
Avenue Craighall 2196
Phone 0027 11 889 600
Fax 0027 11 889 0638
Email julie.naran@caxton.co.za
Website www.caxton.co.za

Current Year Ranking 305

Previous Year Ranking 331
Diff 26
Company ADvTECH Group
Sector Services
Country South Africa
Turnover 2020 375.2
Net Profits 62.1
Turnover Change 0,03
CEO's Last Name Douglas
CEO's First Name Roy
Designation Chief Executive Officer
Mailing Address Box 2369 Randburg 2125
Advtech House, Inanda Greens, 54
Physical Address
Wierda Road West, Sandton 2196
Phone 0027 11 676 8000
Fax 0027 11 783 2640
Email ir@advtech.co.za
Website www.advtech.co.za

Current Year Ranking 306

Pg. 703 Africa Business Directory - Ed. 2022

Previous Year Ranking 327

Diff 21
Company NSIA Participations*
Sector Diversified
Country Côte d'Ivoire
Turnover 2020 374.5
Net Profits ND
Turnover Change 0,03
CEO's Last Name DIAGOU
CEO's First Name Jean Kacou
Designation President
Mailing Address
Immeuble Manzi, Avenue Noguès
Physical Address
Plateau, Abidjan, Côte d'Ivoire
Phone +225 27 20 31 98 00
Fax +225 27 20 31 98 00
Email info@groupensia.com
https://www.groupensia.com/fr/la-
Website
holding

Current Year Ranking 307

Previous Year Ranking 186
Diff -121
Company RMB Holdings
Sector Financial services
Country South Africa
Turnover 2020 374.1
Net Profits 356.8
Turnover Change -0,5
CEO's Last Name Formby
CEO's First Name James
Pg. 704 Africa Business Directory - Ed. 2022

Designation Chief Executive Officer

Mailing Address Box 1127 Johannesburg 2000
Physical Address 522 Impala Road Glenvista 2058
Phone 0027 11 682 911
Fax 0027 11 682 0444
Email jmoloi@randwater.co.za
Website www.randwater.co.za

Current Year Ranking 308

Previous Year Ranking 301
Diff -7
Company Copperbelt Energy Corp
Sector Utilities
Country Zambia
Turnover 2020 370.9
Net Profits 5.6
Turnover Change -0,09
CEO's Last Name Tamale
CEO's First Name Ronald
Designation Non-Executive Director
Mailing Address
2nd Floor, GreenCity, Stand 2374 on
Physical Address Kelvin Siwale Road, Off Thabo Mbeki
Road, Lusaka, Zambia
Phone +260 212 244 956
Fax +260 212 244 040
Email
Website https://cecinvestor.com/

Current Year Ranking 309

Pg. 705 Africa Business Directory - Ed. 2022

Previous Year Ranking 272

Diff -37
Company Holding Al Omrane
Sector Construction
Country Morocco
Turnover 2020 368.5
Net Profits 26.9
Turnover Change -0,22
CEO's Last Name Kanouni
CEO's First Name Badre
Designation President
Mailing Address
Rue Boundoq, Mail Central Hay Ryad,
Physical Address
Rabat
Phone 00212 37 56 91 91
Fax 00212 37 56 63 92
Email contact@alomrane. ma
Website www.alomrane.ma

Current Year Ranking 310

Previous Year Ranking 344
Diff 34
Company SEEG
Sector Utilities
Country Gabon
Turnover 2020 367.1
Net Profits ND
Turnover Change 0,07
CEO's Last Name MAYI
CEO's First Name Gustave Aimé
Pg. 706 Africa Business Directory - Ed. 2022

Designation Chief Executive

Mailing Address BP 2187 – Libreville, Gabon
9CVW+3MF, Av. Félix Eboué, Libreville,
Physical Address
Gabon
Phone (+241) 01.76.12.82
Fax (+241) 01.76.11.34
Email communication@seeg-gabon.com
Website https://www.seeg-gabon.com/

Current Year Ranking 311

Previous Year Ranking 330
Diff 19
Company ASECNA
Sector Air transport
Country Senegal
Turnover 2020 366.6
Net Profits 64.9
Turnover Change 0,01
CEO's Last Name Moussa
CEO's First Name Mohamed
Designation Director General
Mailing Address
Physical Address 32-38, Avenue Jean JaurèsrnBP 3144
Phone 221 33 849 66 00
Fax +221 33 823 46 54
Email
Website www.asecna.aero

Current Year Ranking 312

Previous Year Ranking 312
Pg. 707 Africa Business Directory - Ed. 2022

Diff 0
Company Salam Gaz
Sector Gas
Country Morocco
Turnover 2020 366.4
Net Profits ND
Turnover Change -0,06
CEO's Last Name Benbekhaled
CEO's First Name Abdelkader
Designation Director General
Mailing Address Box 2016, Hay Riad 10 104 Rabat
Physical Address Route Principale No.1. Ain Rouz
Phone 00212 0537 57 80 00
Fax 00212 0537 57 80 01
Email salamgaz@salamgaz.ma
Website www.maroc-plaza.com

Current Year Ranking 313

Previous Year Ranking 323
Diff 10
Company Tigo Tanzania
Sector ICT
Country Tanzania
Turnover 2020 366.0
Net Profits ND
Turnover Change -0,04
CEO's Last Name Karikari
CEO's First Name Simon
Designation Managing Director
Mailing Address P.O. Box 2929
Pg. 708 Africa Business Directory - Ed. 2022

New Bagamoyo Rd, Dar es

Physical Address
Salaam, Tanzania.
Phone 0716123103
Fax +255 22 2120474
Email customercare@tigo.co.tz
Website https://www.tigo.co.tz/

Current Year Ranking 314

Previous Year Ranking 406
Diff 92
Company ITY Gold Mine / Endeavour
Sector Mining
Country Côte d'Ivoire
Turnover 2020 363.9
Net Profits ND
Turnover Change 0,39
CEO's Last Name Gadegbeku -Ouattara
CEO's First Name Laetitia
Designation Country Manager
Mailing Address 08 BP 872 Abidjan
Hôtel Palm Club, Croisement
Physical Address boulevard Latrille et la rue Lycée
techniqueCocody
Phone +225 27 22 48 99 00
Fax
Email
https://www.endeavourmining.com/
Website
our-business/ity-mine

Current Year Ranking 315

Previous Year Ranking 342
Pg. 709 Africa Business Directory - Ed. 2022

Diff 27
Company SODIC
Sector Construction
Country Egypt
Turnover 2020 360.3
Net Profits 52.0
Turnover Change 0,06
CEO's Last Name Emery
CEO's First Name Jonathan
Committee Chair - Board Member
Designation
(Non-Executive)
Mailing Address
364C+82R, Omar Al Khayam,
Physical Address
Zamalek, 4270140 ‫محافظة القاهرة‬
Phone (+2 ) 02 382 703 98
Fax
Email info@sodic.com
Website https://www.sodic.com/

Current Year Ranking 316

Previous Year Ranking 332
Diff 16
Company International Breweries
Sector Food & Drinks
Country Nigeria
Turnover 2020 357.0
Net Profits -32.3
Turnover Change -0,02
CEO's Last Name Achebe
CEO's First Name HRM Nnaemeka Alfred
Designation Chairperson and Director
Pg. 710 Africa Business Directory - Ed. 2022

Mailing Address
Physical Address 22/36 Glover Road Lagos Nigeria
Phone (+) 234 8129130398
Fax 234-036-461518
Email media.relations@ab-inbev.com
https://www.internationalbreweriesp
Website
lc.com/

Current Year Ranking 317

Previous Year Ranking 297
Diff -20
Company Espitalier Noel Group
Sector Diversified
Country Mauritius
Turnover 2020 354.1
Net Profits -23.6
Turnover Change -0,17
CEO's Last Name Espitalier-Noël
CEO's First Name Philippe
Designation Chief Executive Officer
Mailing Address
Physical Address Vivea Business Park, Moka, Mauritius
Phone (+) 230 404 9500
Fax (+) 230 404 9565
Email
Website https://www.enl.mu/en

Current Year Ranking 318

Previous Year Ranking 281
Diff -37
Pg. 711 Africa Business Directory - Ed. 2022

Company Auto Hall

Sector Auto industry
Country Morocco
Turnover 2020 352.3
Net Profits 14.5
Turnover Change 0,02
CEO's Last Name Guerraoui
CEO's First Name Abdellatif
Designation President & Director General
Mailing Address
Physical Address 64, Ave Lalla Ya- cout, Casablanca
Phone 00212 5 22 46 03 00
Fax 00212 5 22 31 89 05
Email autohall@autohall.ma
Website www.autohall.ma

Current Year Ranking 319

Previous Year Ranking 362
Diff 43
Company Quantum Food Holdings
Sector Food & Drinks
Country South Africa
Turnover 2020 347.6
Net Profits 10.6
Turnover Change 0,11
CEO's Last Name Fortuin
CEO's First Name Geoffrey George
Chairman & Independent non-
Designation
executive director
Mailing Address P.O Box 1183, Wellington, 7654
Pg. 712 Africa Business Directory - Ed. 2022

11 Main Road, Wellington, Western

Physical Address
Cape, South Africa
Phone +27 (0) 21 864 8600
Fax
Email info@quantumfoods.co.za
Website https://quantumfoods.co.za/

Current Year Ranking 320

Previous Year Ranking 326
Diff 6
Company Societe Gabonnaise de Raffinage
Sector Refining
Country Gabon
Turnover 2020 347.3
Net Profits ND
Turnover Change -0,07
CEO's Last Name Moungala
CEO's First Name Kevin
Designation Chief Executive
Mailing Address BP : 530
Physical Address Route de la Sogara Port-Gentil
Phone 011 55 26 21
Fax
Email information@sogara.org
Website

Current Year Ranking 321

Previous Year Ranking 324
Diff 3
Company Societe Magasin General
Pg. 713 Africa Business Directory - Ed. 2022

Sector Retail
Country Tunisia
Turnover 2020 345.2
Net Profits -4.8
Turnover Change -0,02
CEO's Last Name Bayahi
CEO's First Name Al-Taher
Designation Chairman
Mailing Address Box 48 Tunis
Physical Address 24, Avenue de France, Tunis 1000
Phone 00216 71 32 85 33
Fax 00216 71 32 10 63
Email info@smg.com.tn
Website www.zonebourse.com

Current Year Ranking 322

Previous Year Ranking 329
Diff 7
Company Societe Nationale de Siderurgie
Sector Metals
Country Morocco
Turnover 2020 345.1
Net Profits 2.2
Turnover Change -0,07
CEO's Last Name Akalay
CEO's First Name Ismail
Designation Director General
Mailing Address Box 551 Nadpr
Pg. 714 Africa Business Directory - Ed. 2022

Tower A, 18th floor, Twin Centre,

Physical Address Boule- vard Zerktouni and Massira El
Khadra, Casa- blanca
Phone 00212 5 22 95 41 00
Fax 00212 5 22 95 86 43
Email consultation@sonasid.ma
Website www.sonasid.ma

Current Year Ranking 323

Previous Year Ranking 470
Diff 147
Company DRD Gold
Sector Mining
Country South Africa
Turnover 2020 344.6
Net Profits 88.8
Turnover Change 0,75
CEO's Last Name Pretorius
CEO's First Name Niël
Designation Chief Executive Officer
Mailing Address Box 390 Maraisburg 1700
1st floor, Build- ing 1, Quadrum Office
Park, 50 Constantia Boulevard,
Physical Address
Constanti Kloof Ext 28 Rood- epoort
1709
Phone 0027 11 470 2600
Fax 0027 11 470 2618
Email james@rair.co.za
Website www.drd.co.za

Current Year Ranking 324

Pg. 715 Africa Business Directory - Ed. 2022

Previous Year Ranking 215

Diff -109
Company Stefanutti Stocks Holdings
Sector Construction
Country South Africa
Turnover 2020 343.9
Net Profits -21.2
Turnover Change -0,33
CEO's Last Name Crawford
CEO's First Name Russell
Designation Chief Executive Officer
Mailing Address Box 12394 Aston Manor 1630
Protec Park, Corner Zuurfontein
Physical Address Avenue & Or- anjerivier Drive,
Chloorkop, Kempton Park
Phone 0027 11 571 4300
Fax 0027 11 571 4370
Email holdings@stefstocks.co
Website www.stefanuttistocks.com

Current Year Ranking 325

Previous Year Ranking 345
Diff 20
Company IPSWest Africa*
Sector Diversified
Country Côte d'Ivoire
Turnover 2020 343.8
Net Profits 24.3
Turnover Change 0,07
CEO's Last Name Sylla
Pg. 716 Africa Business Directory - Ed. 2022

CEO's First Name Mahamadou

Designation Director General
Mailing Address 01 Box 3963 Abid- jan 01
62 Boulevard Schoelcher-Coc- ody,
Physical Address
Abidjan 01
Phone 00225 22 40 08 00
Fax 00225 22 44 72 74
Email info@ips-wa.org
Website www.ips-wa.org

Current Year Ranking 326

Previous Year Ranking 347
Diff 21
Company Sania Compagnie
Sector Agribusness
Country Côte d'Ivoire
Turnover 2020 343.7
Net Profits -9.3
Turnover Change 0,01
CEO's Last Name Ouattara
CEO's First Name souleymane
Designation Chairman
Mailing Address Box 2949 Abidjan
Port Bouet In- dustrial Zone of Vridi
Physical Address
Abidjan 01
Phone 00225 21 75 75 57
Fax 00225 21 25 45 65
Email communication@sifca.ci
Website www.sifca.ci

Current Year Ranking 327

Pg. 717 Africa Business Directory - Ed. 2022

Previous Year Ranking 237

Diff -90
Company Famous Brands
Sector Tourism
Country South Africa
Turnover 2020 342.6
Net Profits -83.0
Turnover Change -0,38
CEO's Last Name Hele
CEO's First Name Darren Paul
Designation Chief Executive Officer
Mailing Address Box 2884 Halfway House 1685
Physical Address 478 James Crescent, Midrand
Phone 0027 11 315 3000
Fax 0027 11 315 0059
Email geoffp@famousbrands.co.za
Website www.famousbrands.co.za

Current Year Ranking 328

Previous Year Ranking 339
Diff 11
Company Orange DRC
Sector ICT
Country DRC
Turnover 2020 341.5
Net Profits ND
Turnover Change -0,04
CEO's Last Name HAIDARA
CEO's First Name Ben Cheick
Designation Chief Executive
Pg. 718 Africa Business Directory - Ed. 2022

Mailing Address
372 Av. Colonel Mondjiba , Gombe -
Physical Address
KINSHASA, RDCongo
Phone +243 840 00 1777
Fax
Email info@orange.cd
Website https://www.orange.cd/

Current Year Ranking 329

Previous Year Ranking 318
Diff -11
Company Hidroelectrica de Cahora Bassa
Sector Utilities
Country Mozambique
Turnover 2020 340.7
Net Profits 129.9
Turnover Change -0,11
CEO's Last Name Pondeca
CEO's First Name Juliao
Designation Chairman
Mailing Address Box 263 Songo
JAT 1 Building,25th September
Physical Address
Avenue, 420-6°Andar, Maputo
Phone 25825282221
Fax 25825282364
Email cas.sng@hcb.co.mz
Website www.hcb.co.mz

Current Year Ranking 330

Previous Year Ranking 243
Diff -87
Pg. 719 Africa Business Directory - Ed. 2022

Company CMDT
Sector Agribusness
Country Mali
Turnover 2020 339.3
Net Profits 5.0
Turnover Change -0,37
CEO's Last Name Berthé
CEO's First Name Baba
Designation Chief Executive Officer
B.P: 487 - Bamako - République du
Mailing Address
Mali
Physical Address 100, Avenue de la MARNE BOZOLA
Phone (+223) 20 70 73 21
Fax (+223)20 70 73 03
Email cont@ct cmdt
Website https://www.cmdt-mali.net/

Current Year Ranking 331

Previous Year Ranking 305
Diff -26
Company South African Broadcasting Corp
Sector Media
Country South Africa
Turnover 2020 338.0
Net Profits -36.2
Turnover Change -0,16
CEO's Last Name Mxakwe
CEO's First Name Madoda
Designation
Mailing Address PBag X1 Auckland Park 2006
Pg. 720 Africa Business Directory - Ed. 2022

Radio Park, Henley Road Auckland

Physical Address
Park 2094
Phone 0027 11 714 979
Fax 0027 11 714 9744
Email comments@sabc.co.za
Website www.sabc.co.za

Current Year Ranking 332

Previous Year Ranking 308
Diff -24
Company Vodacom Mozambique
Sector ICT
Country Mozambique
Turnover 2020 336.6
Net Profits ND
Turnover Change -0,15
CEO's Last Name Karikari
CEO's First Name Simon
Designation Chief Executive Officer
Mailing Address
Rua dos Desportistas, Nr. 649,
Physical Address
Maputo
Phone +258 84 090 0000
Fax
Email
Website https://www.vm.co.mz/Individual

Current Year Ranking 333

Previous Year Ranking 253
Diff -80
Company 0NCF
Pg. 721 Africa Business Directory - Ed. 2022

Sector Rail transport

Country Morocco
Turnover 2020 334.4
Net Profits -123.8
Turnover Change -0,19
CEO's Last Name Khlie
CEO's First Name Mohamed Rabie
Designation Chief Executive
Mailing Address
8, rue Abderrahmane Ghafiki
Physical Address
10000 Rabat - Maroc
Phone
Fax
Email
Website https://www.oncf-voyages.ma/

Current Year Ranking 334

Previous Year Ranking 302
Diff -32
Company Transnet Pipelines
Sector Petroleum
Country South Africa
Turnover 2020 333.8
Net Profits ND
Turnover Change -0,18
CEO's Last Name Derby
CEO's First Name Portia
Designation Group Chief Executive
Mailing Address
138 Eloff Street Braamfontein
Physical Address
JOHANNESBURG 2000
Pg. 722 Africa Business Directory - Ed. 2022

Phone +27 11 308 3000

Fax 865514153
Email enquiries@transnet.net
https://www.transnet.net/Pages/Ho
Website
me.aspx

Current Year Ranking 335

Previous Year Ranking 349
Diff 14
Company Trinity Energy*
Sector Petroleum
Country South Sudan
Turnover 2020 332.6
Net Profits 2.1
Turnover Change -0,34
CEO's Last Name Mdeza
CEO's First Name Robert
Designation Chief Executive Officer
Mailing Address
Block 11, Amoco complex, Tonyping
Physical Address area off American embassy, 132
Juba, Sudan
Phone +211 96 920 0555
Fax
Email
Website http://www.trinityenergyltd.com/

Current Year Ranking 336

Previous Year Ranking 315
Diff -21
Company Palm Hills Development Co.
Pg. 723 Africa Business Directory - Ed. 2022

Sector Construction
Country Egypt
Turnover 2020 330.3
Net Profits 47.9
Turnover Change -0,15
CEO's Last Name Mansour
CEO's First Name Yasseen
Designation President & CEO
Mailing Address
Smart Village A4-B83, KM28 Cairo-
Physical Address Alexandria Desert Road, Abou
Rawash
Phone 20235351200
Fax 20235351208
Email sales@phdint.com
Website www.palmhillsdevelopments.com

Current Year Ranking 337

Previous Year Ranking 322
Diff -15
Company Merafe Resources
Sector Mining
Country South Africa
Turnover 2020 326.2
Net Profits -68.4
Turnover Change -0,15
CEO's Last Name Matlala
CEO's First Name Zanele Joyce
Designation Chief Executive Officer
Mailing Address Box 652157 Benmore 2010
Pg. 724 Africa Business Directory - Ed. 2022

1st floor, Block B, Sandton Place, 68

Physical Address Wierda Road East, Wierda Valley,
Sandton 2196
Phone 0027 11 783 4780
Fax 0027 11 783 4789
Email kajal@meraferesources.co.za
Website www.meraferesources.co.za

Current Year Ranking 338

Previous Year Ranking 371
Diff 33
Company Ceca-Gadis
Sector Retail
Country Gabon
Turnover 2020 325.4
Net Profits -8.8
Turnover Change 0,07
CEO's Last Name Essonghe
CEO's First Name Michel
Designation Director General
Mailing Address Box 89 Libreville
Facing the Cen- tral Post Office,
Physical Address
Libreville
Phone 00241 76 21 08
Fax 00241 74 32 63
Email boumah.jb@cecagadis.com
Website www.cecagadis.com

Current Year Ranking 339

Previous Year Ranking 352
Diff 13
Pg. 725 Africa Business Directory - Ed. 2022

Company ENGTP*
Sector Petroleum
Country Algeria
Turnover 2020 324.3
Net Profits 31.2
Turnover Change 0,07
CEO's Last Name Mammeri
CEO's First Name Benyoucef
Designation President & Director General
Mailing Address Box 09 Algiers
Physical Address Zone Industrielle, Reghaia, Algiers
Phone 00213 21 84 89 85
Fax 00213 21 84 80 34
Email engtpcommunication@engtp.com
Website www.engtp.com

Current Year Ranking 340

Previous Year Ranking 399
Diff 59
Company Nestle Cote d'Ivoire
Sector Food & Drinks
Country Côte d'Ivoire
Turnover 2020 323.9
Net Profits 39.1
Turnover Change 0,21
CEO's Last Name Guedj
CEO's First Name M. Stanislas
Designation Director General
Mailing Address PMB KIA 32 Accra, Ghana
Pg. 726 Africa Business Directory - Ed. 2022

Horizon House, 60 Liberation Road,

Physical Address
Accra, Ghana
Phone 00233 02 214 900
Fax 223302214 90
corporate.communications@gh.nest
Email
le.com
Website www.nestle-cwa.com

Current Year Ranking 341

Previous Year Ranking 360
Diff 19
Company Bristone Investment Corp.
Sector Financial services
Country South Africa
Turnover 2020 322.7
Net Profits 3.0
Turnover Change 0,02
CEO's Last Name Brey
CEO's First Name Mustaq
Designation Chief Executive Officer
Mailing Address PO Box 44580 Claremont 7735
1st Floor, Slade House Boundary
Physical Address Terraces 1 Mariendahl Lane Newlands
7700
Phone +27 21 683 1444
Fax
Email info@brimstone.co.za
Website https://www.brimstone.co.za/

Current Year Ranking 342

Previous Year Ranking 397
Pg. 727 Africa Business Directory - Ed. 2022

Diff 55
Company Beatrix Mine/ Sibanye-Stillwater
Sector Mining
Country South Africa
Turnover 2020 318.2
Net Profits 8.2
Turnover Change 0,18
CEO's Last Name Froneman
CEO's First Name Neal John
Designation Chief Executive Officer
Mailing Address
Farm Leeuwbult, 52 Theunissen Road,
Physical Address
Theunissen, 9410
Phone +27(0) 11 278 9600
Fax
Email Mpho.Zwane@sibanyestillwater.com
https://www.sibanyestillwater.com/
Website business/southern-africa/gold-
operations/beatrix/

Current Year Ranking 343

Previous Year Ranking 336
Diff -7
Company Bamburi Cement
Sector Construction
Country Kenya
Turnover 2020 317.4
Net Profits 10.3
Turnover Change -0,12
CEO's Last Name Pescheux
CEO's First Name Bruno
Pg. 728 Africa Business Directory - Ed. 2022

Designation MAnaging Director

Mailing Address Box 10921, Nairobi 100
6th & 9th floors Kenya Re Tow- ers,
Physical Address
Mara Ragati Road, Upperhill, Nairobi
Phone 00254 20 271 510
Fax 00254 20 271 0581
Email corp.info@bamburi.lafarge.com
Website www.bamburi.lafarge. com

Current Year Ranking 344

Previous Year Ranking 382
Diff 38
Company Orascom Hotels and Development
Sector Tourism
Country Egypt
Turnover 2020 316.3
Net Profits 36.2
Turnover Change 0,09
CEO's Last Name Schmitt
CEO's First Name Joachim
Designation Chief Executive Officer
Mailing Address Box 2005A Cairo
9th floor, South Tower, Nile City
Physical Address
Towers, Corniche El Nil, Cairo 11221
Phone 0020 2 2461 8999
Fax 0020 2 2461 9977
Email ir@orascomdh.com
Website www.orascomdh.com

Current Year Ranking 345

Previous Year Ranking 404
Pg. 729 Africa Business Directory - Ed. 2022

Diff 59
Company Societe miniere de Dinguiray
Sector Mining
Country Guinea
Turnover 2020 312.5
Net Profits ND
Turnover Change 0,19
CEO's Last Name Camara
CEO's First Name Ibrahima Kadiatou
Designation Directeur General Adjoint
Mailing Address
Residence 2000 Conakry, 2162
Physical Address
Guinea
Phone (+224) 622 90 02 19
BP 2162Conakry - Guinée, Conakry,
Fax
Guinée
Email
Website www.nordgold.com

Current Year Ranking 346

Previous Year Ranking 381
Diff 35
Company Airtel DRC
Sector ICT
Country DRC
Turnover 2020 311.1
Net Profits -84.0
Turnover Change 0,1
CEO's Last Name Diasonama
CEO's First Name Thierry
Designation Chief Executive
Pg. 730 Africa Business Directory - Ed. 2022

Mailing Address
M8RF+7QJ, Avenue du Canal,
Physical Address
Kinshasa, Congo-Kinshasa
Phone +243 99 996 7710
Fax
Email infos@cd.airtel.com
Website https://www.airtel.cd/

Current Year Ranking 347

Previous Year Ranking 367
Diff 20
Company Maghreb Steel
Sector Metals
Country Morocco
Turnover 2020 310.7
Net Profits -19.7
Turnover Change 0,02
CEO's Last Name Zniber
CEO's First Name Mohammed Yahya
Designation President & Director General
Mailing Address Box 3553 Casablanca 20600
Route National 9KM 10, Aero- club Tit
Physical Address
Mellil, Ahl Moughlam
Phone 00212 522 76 25 00
Fax 00212 522 70 25 01
Email maghrebsteel@maghrebsteel.ma
Website www.maghrebsteel.ma

Current Year Ranking 348

Previous Year Ranking 375
Diff 27
Pg. 731 Africa Business Directory - Ed. 2022

Company Ciment de l'Atlas

Sector Construction
Country Morocco
Turnover 2020 309.2
Net Profits ND
Turnover Change 0,03
CEO's Last Name SEFRIOUI
CEO's First Name Anas
Designation Chief Executive Officer
Mailing Address
28 la colline II، Lot. El Fath 2,
Physical Address
Casablanca, Maroc
Phone +212 5 22 67 75 00
Fax
Email contact@cimat.ma
https://cimat.ma/fr/pages/nos-
Website
sites

Current Year Ranking 349

Previous Year Ranking 465
Diff 116
Company Rossing Uranium Mine
Sector Mining
Country Namibia
Turnover 2020 308.2
Net Profits 30.2
Turnover Change 0,53
CEO's Last Name Coetzee
CEO's First Name Johan
Designation Managing Director
Mailing Address
Pg. 732 Africa Business Directory - Ed. 2022

5371 Welwitschia Street,

Physical Address Swakopmund, Private Bag 5005,
Swakopmund, Namibia
Phone 264 64 520 9111
Fax 264 64 520 3017
RUL.communications@rossing.com.
Email
na
Website https://www.rossing.com/

Current Year Ranking 350

Previous Year Ranking 321
Diff -29
Company Conoil
Sector Petroleum
Country Nigeria
Turnover 2020 306.6
Net Profits ND
Turnover Change -0,2
CEO's Last Name Adenuga
CEO's First Name Mike
Designation Chairman
Bull Plaza, 38/39 Marina P.M.B. 2052
Mailing Address
Lagos
Physical Address
Phone 00234 80 952 93211
Fax
Email ir@conoilplc.com
Website www.conoilplc.com

Current Year Ranking 351

Previous Year Ranking 376
Pg. 733 Africa Business Directory - Ed. 2022

Diff 25
Company Marsa Maroc
Sector Ports
Country Morocco
Turnover 2020 306.1
Net Profits 32.4
Turnover Change 0,02
CEO's Last Name Abdeljalil
CEO's First Name Mohammed
Designation President
Mailing Address
175, Boulevard Mohamed Zerktouni,
Physical Address
Casablanca 20100
Phone +212 522 232 324
Fax +212 522 232 335
Email contact@marsamaroc.co.ma
Website www.marsamaroc.co.ma

Current Year Ranking 352

Previous Year Ranking 365
Diff 13
Company Santova Logistics
Sector Transport
Country South Africa
Turnover 2020 304.5
Net Profits 4.4
Turnover Change -0,01
CEO's Last Name Van Zyl
CEO's First Name Anthony Lance
Designation Chief Executive Officer
Pg. 734 Africa Business Directory - Ed. 2022

Mailing Address Box 617 Kempton Park 1620

67 Loper Street Aeroport Park Spartan
Physical Address
Ext 2
Phone 0027 11 974 7495
Fax 0027 11 974 7495
Email nfo@santova.co.za
Website www.santova.co.za

Current Year Ranking 353

Previous Year Ranking 195
Diff -158
Company CEC Africa Investments
Sector Financial services
Country Zambia
Turnover 2020 300.8
Net Profits -53.3
Turnover Change -0,58
CEO's Last Name Katepa
CEO's First Name Emmanuel
Designation Chief Executive Officer
6 Mwaleshi Road Olympia Park P O
Mailing Address
Box 37522 Lusaka 10101Zambia
C/o Convina Fiduciary Services
Physical Address Limited Block E, River Court 6 St Denis
Street 11328, Port Louis Mauritius
Phone +260 212 244 915
Fax
Email
Website www.cecafrica.com

Current Year Ranking 354

Pg. 735 Africa Business Directory - Ed. 2022

Previous Year Ranking 421

Diff 67
Company Guelb Moghrein Copper-Gold Mine
Sector Mining
Country Mauritania
Turnover 2020 300.0
Net Profits ND
Turnover Change 0,23
CEO's Last Name Pascall
CEO's First Name Philip
Designation Chairman
Mailing Address
8th floor, 543 Granville Street,
Physical Address Vancouver, British Columbia, V6C 1X8
Canada
Phone 16473463934
Fax 16046883818
Email sharon.loung@fqml.com
Website www.firstquantum.com

Current Year Ranking 355

Previous Year Ranking 387
Diff 32
Company Seaharvest Corp.
Sector Agribusiness
Country South Africa
Turnover 2020 298.5
Net Profits 27.1
Turnover Change 0,06
CEO's Last Name RATHEB
Pg. 736 Africa Business Directory - Ed. 2022

CEO's First Name FELIX

Designation Chief Executive Officer
PO Box 761, Cape Town, South Africa,
Mailing Address
8000
1st Floor, Block C, Boulevard Office
Physical Address Park Searle Street, Woodstock, South
Africa, 7925
Phone 27 21 468 7900
Fax 27 21 465 5883
Email info@seaharvest.co.za
Website www.seaharvest.co.za

Current Year Ranking 356

Previous Year Ranking 417
Diff 61
Company SAPH
Sector Agribusiness
Country Côte d'Ivoire
Turnover 2020 296.9
Net Profits 14.0
Turnover Change 0,21
CEO's Last Name Billion
CEO's First Name Jean-Louis
Designation Chairman
Mailing Address
Abidjan Treichville - Zone portuaire -
Physical Address
Rue des Galions Immeuble EX-SIT
Phone (225) 21 75 76 76
Fax (225) 21 75 76 40/42/43
Email
Website www.groupesifca.com
Pg. 737 Africa Business Directory - Ed. 2022

Current Year Ranking 357

Previous Year Ranking 388
Diff 31
Company Chirano Gold Mine
Sector Mining
Country Ghana
Turnover 2020 295.1
Net Profits ND
Turnover Change 0,05
CEO's Last Name FELIX
CEO's First Name MacDonald
Designation Mananging Director
Mailing Address
Mine de Chirano, 8J69+F3P, Nsuonsia,
Physical Address
Ghana
Phone
Fax +233 24 439 1158
Email
Website kinrossworld.kinross.com

Current Year Ranking 358

Previous Year Ranking 405
Diff 47
Company Onatel
Sector ICT
Country Burkina Faso
Turnover 2020 294.3
Net Profits 58.1
Turnover Change 0,12
Pg. 738 Africa Business Directory - Ed. 2022

CEO's Last Name ELAYDI

CEO's First Name Abdelillah
Designation General Manage
705, Avenue de la Nation 01 BP 10.000
Mailing Address
Ouagadougou 01 BURKINA FASO
Physical Address
Phone 226 25 33 40 01
Fax 226 25 31 03 31
Email contact@moov-africa.bf
https://moov-
Website
africa.bf/Pages/index.aspx

Current Year Ranking 359

Previous Year Ranking 409
Diff 50
Company Sudatel Telecom Group
Sector ICT
Country Sudan
Turnover 2020 293.9
Net Profits -15.5
Turnover Change 0,15
CEO's Last Name Ibrahim
CEO's First Name Ibrahim Jaber
Designation Chairman
Mailing Address Box 55111 Khartoum
Physical Address Sudatel Tower, Khartoum
Phone 00249 1 837 97400
Fax 00 249 1 837 75686
Email info@sudatel.sd
Website www.sudatel.sd
Pg. 739 Africa Business Directory - Ed. 2022

Current Year Ranking 360

Previous Year Ranking 325
Diff -35
Company South African Post Office"
Sector Services
Country South Africa
Turnover 2020 291.8
Net Profits -125,8
Turnover Change -0,21
CEO's Last Name Mona
CEO's First Name Nomkhita
Designation Chief Executive Officer
Mailing Address
350 Witchazel Avenue, Eco Point, Eco
Physical Address
Park Estate, Centurion
Phone 0027 12 649 7000
Fax
Email admin@sapo.co.za
Website www.postoffice.co.za

Current Year Ranking 361

Previous Year Ranking 385
Diff 24
Company BGI Ethiopia
Sector Food & Drinks
Country Ethiopia
Turnover 2020 286.5
Net Profits ND
Turnover Change 0,07
CEO's Last Name Lescuyer
Pg. 740 Africa Business Directory - Ed. 2022

CEO's First Name Laurent

Designation CEO
Mailing Address P.O. Box 737
Mexico Area, Addis Ababa City,
Physical Address
Ethiopia
Phone +251 1 515 15196
Fax +251 1 515 196
Email BGIE.info@castel-afrique.com
Website https://bgiethiopia.com/

Current Year Ranking 362

Previous Year Ranking 441
Diff 79
Company Honeywell Flour Mills
Sector Agribusiness
Country Nigeria
Turnover 2020 286
Net Profits 2.9
Turnover Change 0,3
CEO's Last Name Otudeka
CEO's First Name Ayoola Oba
Designation Chairman
Mailing Address PMB 1105 Apapa, Lagos
2nd Gate Bye- Pass, Tin Can Island,
Physical Address
Apapa, Lagos
Phone 00234 1 791 5870
Fax 00234 1 793 2694
Email oogunwole@honeywellflour.com
Website www.honeywellflour.com

Current Year Ranking 363

Pg. 741 Africa Business Directory - Ed. 2022

Previous Year Ranking 411

Diff 48
Company Umgeni Water-Amanzi
Sector Utilities
Country South Africa
Turnover 2020 283.5
Net Profits 86,3
Turnover Change 0,13
CEO's Last Name Mboniseni
CEO's First Name Dlamini
Designation Acting Chief Executive
Mailing Address Box 9 Pieter- maritzburg 3200
310 Burger Street, Pi- etermaritzburg
Physical Address
3201
Phone 0027 33 341 1111
Fax 0027 33 341 1167
Email nica.gevers@umgeni.co.za
Website www.umgeni.co.za

Current Year Ranking 364

Previous Year Ranking 378
Diff 14
Company Press Corporation
Sector Diversified
Country Malawi
Turnover 2020 281.0
Net Profits 25.5
Turnover Change -0,05
CEO's Last Name Chithambo
CEO's First Name Lyton
Pg. 742 Africa Business Directory - Ed. 2022

Designation Group Chief Executive

Mailing Address Box 1227 Blantyre
Chayamba Building, Vic- toria
Physical Address
Avenue, Blantyre
Phone 00265 1 833 569
Fax 00265 1 833 318
Email companysec@presscorp.com
Website www.presscorp.com

Current Year Ranking 365

Previous Year Ranking 277
Diff -88
Company Eclosia Group
Sector Agribusiness
Country Mauritius
Turnover 2020 280.4
Net Profits 5.9
Turnover Change -0,11
CEO's Last Name De Spéville
CEO's First Name Michel
Designation Founder President
Mailing Address
QGG8+MP7, Gentilly Rd, Moka,
Physical Address
Maurice
Phone 2304049000
Fax 2304334145
Email pcavalot@eclosia.com
Website www.eclosia.com

Current Year Ranking 366

Previous Year Ranking 372
Pg. 743 Africa Business Directory - Ed. 2022

Diff 6
Company Delta Holding
Sector Diversified
Country Morocco
Turnover 2020 278.2
Net Profits 17.5
Turnover Change -0,09
CEO's Last Name Fahim
CEO's First Name Fouad
Designation Chairman
Mailing Address
Delta Holding Building, La Plage Road,
Physical Address 10 Industrial Zone Vita, Skhirat, Rabat
10000
Phone +212 537 627 700
Fax +212 537 620 371
Email dg@deltaholding.ma
Website www.deltaholding.ma

Current Year Ranking 367

Previous Year Ranking 398
Diff 31
Company Sodecoton
Sector Agribusiness
Country Cameroon
Turnover 2020 276.8
Net Profits ND
Turnover Change 0,03
CEO's Last Name Bayero
CEO's First Name Mohamadou
Pg. 744 Africa Business Directory - Ed. 2022

Designation Directeur General

Mailing Address
Rue Mgr Yves Plumey, Lopere -
Physical Address
Garoua
+237 2 33 42 46 03+237 2 22 27 10
Phone
80+237 6 94 20 17 55
Fax 222 27 20 68/233 42 46 03
Email sodecoton@sodecoton.cm
Website

Current Year Ranking 368

Previous Year Ranking 386
Diff 18
Company Alexander Forbes
Sector Financial services
Country South Africa
Turnover 2020 275.3
Net Profits 13.9
Turnover Change -0,04
CEO's Last Name Leepile
CEO's First Name Ann
Designation CEO
Mailing Address PO Box 786055 Sandton 2146
115 West St, Sandown, Sandton, 2196,
Physical Address
Afrique du Sud
Phone 27 11 269 0000
Fax 27 11 269 0149
Email info@aforbes.co.za
https://www.alexanderforbes.co.za/
Website
home#Create
Pg. 745 Africa Business Directory - Ed. 2022

Current Year Ranking 369

Previous Year Ranking 364
Diff -5
Company Tullow Gabon
Sector Petroleum
Country Gabon
Turnover 2020 274.5
Net Profits ND
Turnover Change -0,12
CEO's Last Name Dhir
CEO's First Name Rahul
Designation CEO
Mailing Address BP : 9773
Imm. Le Narval, 2ème étage, Gué-
Physical Address
Gué Libreville GABON
Phone 241-011 73 26 40
Fax 241-011 73 26 41
Email
Website www.tullowoil.com

Current Year Ranking 370

Previous Year Ranking 402
Diff 32
Company Golden Star Resources
Sector Mining
Country Ghana
Turnover 2020 272.5
Net Profits -18.3
Turnover Change 0,34
CEO's Last Name Chen
Pg. 746 Africa Business Directory - Ed. 2022

CEO's First Name Zhiyong

Designation Chairman
Plot No. 16 Hse No. A, Nortey Ababio
Mailing Address Street, Roman Ridge, P.O. Box 16075,
KIA Accra, Ghana
House No, Deila Court, 19 Patrice
Physical Address
Lumumba St, Accra, Ghana
Phone 233 30 277 9040
Fax
Email
Website http://www.gsr.com

Current Year Ranking 371

Previous Year Ranking 334
Diff -37
Company Guinness Nigeria
Sector Food & Drinks
Country Nigeria
Turnover 2020 272.4
Net Profits -32.8
Turnover Change -0,24
CEO's Last Name Baker
CEO's First Name Magunda
Designation Managing Director
Mailing Address Private Mail Bag 21071 Ikeja
Physical Address 24, Oba Akran Avenue, Ikeja, Lagos
Phone 00234 1 270 9100
Fax 00234 1 270 9338
Email sesan.sobowale@diageo.com
Website www.guinness-nigeria.com
Pg. 747 Africa Business Directory - Ed. 2022

Current Year Ranking 372

Previous Year Ranking 379
Diff 7
Company Moolmans
Sector Mining
Country South Africa
Turnover 2020 269.8
Net Profits ND
Turnover Change -0,08
CEO's Last Name Govender
CEO's First Name Jerome
Designation Managing Director
Mailing Address Box 498 Isando 1600
2 Merlin Drive, Off Atlas Road,
Physical Address Lncasteroff Park, Parkhaven Ext 5,
Boksburg
Phone 0027 10 207 7000
Fax 0027 10 207 7202
Email moolmans@moolmans.com
Website www.moolmans.com

Current Year Ranking 373

Previous Year Ranking 346
Diff -27
Company Autoroutes du Maroc
Sector Construction
Country Morocco
Turnover 2020 268.8
Net Profits -37.1
Turnover Change -0,21
Pg. 748 Africa Business Directory - Ed. 2022

CEO's Last Name Benazzouz

CEO's First Name Anouar
Designation General Manager
Mailing Address BP 6526 Hay Riad, Rabat, Maroc
Société Nationale des Autoroutes du
Physical Address
Maroc (S.n.a.m.) RABAT
Phone +212 537 579 700
Fax +212 537 579 700
Email
Website www.adm.co.ma/fr

Current Year Ranking 374

Previous Year Ranking 415
Diff 41
Company Tanger Med Port Authority
Sector Ports
Country Morocco
Turnover 2020 268.5
Net Profits 67.5
Turnover Change 0,09
CEO's Last Name RIFFI
CEO's First Name Mehdi TAZI
Designation Chief Executive Officer
Mailing Address
Route de Rabat – 90000 Tanger –
Physical Address
Maroc
Phone 212 (0) 539 33 70 00
Fax 212 (0) 539 37 17 90
Email contact@tangermed.ma
Website www.tangermedport.com
Pg. 749 Africa Business Directory - Ed. 2022

Current Year Ranking 375

Previous Year Ranking 395
Diff 20
Company Wescoal
Sector Mining
Country South Africa
Turnover 2020 266,3
Net Profits -2.4
Turnover Change -0,02
CEO's Last Name Ramaite
CEO's First Name Robinson
Designation Chief Executive Officer
PO Box 1962, Edenvale, 1610, South
Mailing Address
Africa
First Floor Building 10, Woodmead
Business Park, 142 Western Service
Physical Address
Road, Woodmead, Sandton, 2191,
South Africa
Phone 27 (0)11 049 8611
Fax 27 (0)11 570 5848
Email
Website www.salunganogroup.com

Current Year Ranking 376

Previous Year Ranking 354
Diff -22
Company One Tech Holding
Sector Electrical equip.
Country Tunisia
Turnover 2020 266.0
Net Profits 7.3
Pg. 750 Africa Business Directory - Ed. 2022

Turnover Change -0,17

CEO's Last Name Sellami
CEO's First Name Hedi
Designation Director General
Mailing Address Box 41 Tunis Cedex 1080
Les Berges du Lac, Cite El Khalij, Rue
Physical Address Loch Ness, Immeuble les Arcades,
Tour A
Phone 00216 71 860 244
Fax 00216 71 860 571
Email info@onetech-group.com
Website www.onetech-group.com

Current Year Ranking 377

Previous Year Ranking 390
Diff 13
Company Groupe des Boissons du Maroc
Sector Food & Drinks
Country Morocco
Turnover 2020 265.5
Net Profits 26.6
Turnover Change -0,03
CEO's Last Name MENAGER
CEO's First Name SEBASTIEN YVES
Designation Chief Executive Officer
Mailing Address
N38 Bd AIN IFRANE Lotissement
Physical Address
Alamia, Sidi Moumen CASABLANCA
Phone 05 22 76 90 00
Fax
Email contact@gbm-ma.com
Pg. 751 Africa Business Directory - Ed. 2022

Website www.boissons-maroc.com

Current Year Ranking 378

Previous Year Ranking 401
Diff 23
Company Princes Tuna*
Sector Agribusiness
Country Mauritius
Turnover 2020 265-
Net Profits ND
Turnover Change ND
CEO's Last Name chukwu
CEO's First Name joseph
Designation Mananging Director
Mailing Address
Physical Address New Trunk Road Port Louis Mauritius
Phone 230-2069000
Fax +23 (0)249 2300
Email ptm@princesmauritius.com
Website www.princes-tuna-mauritius.com

Current Year Ranking 379

Previous Year Ranking 391
Diff 12
Company Cairo Poultry
Sector Food & Drinks
Country Egypt
Turnover 2020 265.0
Net Profits 6.6
Turnover Change -0,04
Pg. 752 Africa Business Directory - Ed. 2022

CEO's Last Name Tawfik

CEO's First Name Tarek
Designation Chairman
Mailing Address Box 42 Giza
Physical Address 32H Mourad Street, Giza
Phone 00202 3 571 4124
Fax 00202 3 5726485
Email ttawfik@cpg.co.eg
Website www.cpg.com.eg

Current Year Ranking 380

Previous Year Ranking 403
Diff 23
Company Groupe Sipromad*
Sector Diversified
Country Madagascar
Turnover 2020 264.4
Net Profits ND
Turnover Change ND
CEO's Last Name AKBARALY
CEO's First Name Ylias
Designation Chairman and CEO
Mailing Address
La Tour, Rue Ravoninahitriniarivo
Physical Address
ANKORONDRANO Antananarivo 101
Phone 261 32 11 480 04
Fax 261 20 23 374 77
Email contact@sipromad.com
Website www.sipromad.com
Pg. 753 Africa Business Directory - Ed. 2022

Current Year Ranking 381

Previous Year Ranking 353
Diff -28
Company Ciel Textile
Sector Textile
Country Mauritius
Turnover 2020 261.5
Net Profits -16.2
Turnover Change -0,19
CEO's Last Name Dorchies
CEO's First Name Eric
Designation Chief Execu- tive Officer
Mailing Address
5th floor, Ebene Skies, Rue de l’Institut,
Physical Address
Ebene
Phone 2304042200
Fax 2304042201
Email info@cielgroup.com
Website www.cielgroup.com

Current Year Ranking 382

Previous Year Ranking 422
Diff 40
Company Royal Swaziland Sugar Corp.
Sector Agribusiness
Country Swaziland
Turnover 2020 257.7
Net Profits 34.5
Turnover Change 0,07
CEO's Last Name Jackson
Pg. 754 Africa Business Directory - Ed. 2022

CEO's First Name Nicholas

Designation Managing Director
Mailing Address Box 1 Simunye
Physical Address Simunye Sugar Estate, Simunye
Phone 00268 2 313 4000
Fax 00268 2 383 8956
Email info@rssc.co.sz
Website www.rssc.co.sz

Current Year Ranking 383

Previous Year Ranking 389
Diff 6
Company Mauritius Telecom
Sector ICT
Country Mauritius
Turnover 2020 256.9
Net Profits 13.6
Turnover Change -0,08
CEO's Last Name Lallah
CEO's First Name Sarat Dutt
Designation Chief Executive Officer
Mailing Address
Telecom Tower, Edith Cavell Street,
Physical Address
Port Louis
Phone 2302037000
Fax 2302081070
Email ceo@mauritiustelecom.com
Website www.mauritiustelecom.com

Current Year Ranking 384

Pg. 755 Africa Business Directory - Ed. 2022

Previous Year Ranking 393

Diff 9
Company Grindrod
Sector Sea transport
Country South Africa
Turnover 2020 255.9
Net Profits -28.0
Turnover Change -0,06
CEO's Last Name Waller
CEO's First Name Andrew
Designation Chief Executive Officer
Mailing Address Box 1, Durban 4000
Quadrant House, 115 Margaret
Physical Address
Mncadi Ave, Durban 4001
Phone 0027 31 304 1451
Fax 0027 31 305 2848
Email alano@grindrod.co.za
Website https://grindrod.com

Current Year Ranking 385

Previous Year Ranking 487
Diff 102
Company E Media Holdings
Sector Media
Country South Africa
Turnover 2020 255.4
Net Profits 7.4
Turnover Change 0,44
CEO's Last Name Sherrif
CEO's First Name kev-goveKhalik
Pg. 756 Africa Business Directory - Ed. 2022

Designation Chief Executive Officer

Private Bag X9944 Sandton
Mailing Address
Johannesburg 2146
4 Albury Road Dunkeld West
Physical Address
Johannesburg 2196
Phone 27 11 537 9300
Fax 27 11 5379301
Email info@emediaholdings.co.za
Website www.emediaholdings.co.za

Current Year Ranking 386

Previous Year Ranking 413
Diff 27
Company Edita Food Industries
Sector Agribusiness
Country Egypt
Turnover 2020 255.1
Net Profits 19.2
Turnover Change 0,02
CEO's Last Name Berzi
CEO's First Name Hani
Designation Chairman
P.O Box 64 El Sheikh Zayed – ZIP code
Mailing Address 12588, El Sheikh Zayed,6th of October
city, Egypt
Edita Group Bulding, Plot 13, Central
Physical Address
Pivot, El Sheikh Zeyad
Phone 20238516464
Fax 20238516233
Email Info@edita.com.eg
Website www.edita.com.eg
Pg. 757 Africa Business Directory - Ed. 2022

Current Year Ranking 387

Previous Year Ranking 431
Diff 44
Company Egypt Gas Co.
Sector Gas
Country Egypt
Turnover 2020 253.9
Net Profits ND
Turnover Change 0,09
CEO's Last Name Gowaied
CEO's First Name Wa’el
Designation Chairman
Mailing Address
30, Al Mofatsheen St., Almaza,
Physical Address
Heliopolis, Cairo
Phone 20224183014
Fax
Email egyptgas@egyptgas.com.eg
Website www.egyptgas.com.eg

Current Year Ranking 388

Previous Year Ranking 428
Diff 40
Company Afrimat
Sector Construction
Country South Africa
Turnover 2020 252
Net Profits 41.2
Turnover Change 0,07
CEO's Last Name Heerden
Pg. 758 Africa Business Directory - Ed. 2022

CEO's First Name Andries J van

Designation CEO
Mailing Address PO Box 5278 Tyger Valley, 7536
Physical Address Tyger Valley Office Park No. 2, Bellville
Phone 27 21 917 8840
Fax 163 66 03 21
Email info@afrimat.co.za
Website www.afrimat.co.za

Current Year Ranking 389

Previous Year Ranking -
Diff -
Company Wilmar Africa
Sector Agribusiness
Country Ghana
Turnover 2020 250.8
Net Profits 5.0
Turnover Change -0,08
CEO's Last Name Pillai
CEO's First Name Santosh
Designation Chief Executive Officer
Mailing Address
Physical Address PMB 169, Community 1 Tema Ghana
Phone 00233-303318460
Fax +233 03-0220 8065
Email info@wilmar.com.sg
Website www.wilmar-international.com

Current Year Ranking 390

Previous Year Ranking 430
Pg. 759 Africa Business Directory - Ed. 2022

Diff 40
Company Coronation Fund Managers
Sector Financial services
Country South Africa
Turnover 2020 248.5
Net Profits 95.1
Turnover Change 0,06
CEO's Last Name Pillay
CEO's First Name Anton
Designation CEO
Mailing Address
7th Floor MontClare Place Cnr
Campground & Main Road
Physical Address
Claremont Cape Town South Africa
7708
Phone 27 21 680 2000
Fax 27 21 680 2100
Email nfo@coronation.co.za
Website www.coronation.com

Current Year Ranking 391

Previous Year Ranking 416
Diff 25
Company RADEEMA*
Sector Utilities
Country Morocco
Turnover 2020 246.2
Net Profits 21.1
Turnover Change 0,07
CEO's Last Name El Hilali
CEO's First Name Nadia
Pg. 760 Africa Business Directory - Ed. 2022

Designation Director General

Mailing Address Box 520 Marrakesh
Physical Address 00212 5 24 42 43 00
Phone 00212 5 24 42 4303
Fax service.client@radeema.ma
Email www.radeema.ma
Website

Current Year Ranking 392

Previous Year Ranking 351
Diff -41
Company Entreprise Nationale de Forage
Sector Petroleum
Country Algeria
Turnover 2020 245.4
Net Profits ND
Turnover Change -0,25
CEO's Last Name BENNEZZAR
CEO's First Name Mohammed
Designation President and CEO
BP 211, Hassi Messaoud 30500,
Mailing Address
Algérie
Zone industrielle Hassi MESSAOUD, Bir
Physical Address
Messaoud, dz
Phone 213 29 74 13 02
Fax 29 73 01 71
Email
Website www.enafor.dz

Current Year Ranking 393

Previous Year Ranking 425
Pg. 761 Africa Business Directory - Ed. 2022

Diff 32
Company Orange Tunisie
Sector ICT
Country Tunisia
Turnover 2020 242.1
Net Profits ND
Turnover Change 0,02
CEO's Last Name Millet
CEO's First Name Thierry
Designation CEO
Mailing Address Tunis 1003, Tunisia
Immeuble Orange, Center Urbain
Physical Address
Nord, 1003 Tunis
Phone 21630013001
Fax 216 71 961 808
Email entreprises@orangetunisie.tn
Website www.orange.tn

Current Year Ranking 394

Previous Year Ranking 282
Diff -112
Company Maurel & Prom Gabon
Sector Petroleum
Country Gabon
Turnover 2020 242.0
Net Profits ND
Turnover Change -0,47
CEO's Last Name Olivier
CEO's First Name de Langavant
Designation Director General
Pg. 762 Africa Business Directory - Ed. 2022

Mailing Address Box 20149 Port Gentil

Physical Address Zone Portuaire de l’OPRAG, Port Gentil
Phone 241564691
Fax 241564692
communication@ agence-
Email
influences. fr
Website www.maureletprom.fr

Current Year Ranking 395

Previous Year Ranking 412
Diff 17
Company Trident Steel
Sector Metals
Country South Africa
Turnover 2020 240.9
Net Profits ND
Turnover Change -0,04
CEO's Last Name Aucamp
CEO's First Name Hercu
Designation Managing Director
Mailing Address Box 124054 Alrode 1451
Marthusen Road, Roodekop,
Physical Address
Garmiston 145 Marth0
Phone 0027 11 861 7111
Fax 0027 11 865 2042
Email hercu.aucamp@trident.co.za
Website www.trident.co.za

Current Year Ranking 396

Previous Year Ranking 447
Diff 51
Pg. 763 Africa Business Directory - Ed. 2022

Company Airtel Kenya

Sector ICT
Country Kenya
Turnover 2020 240.4
Net Profits 54.6
Turnover Change 0,17
CEO's Last Name Ogunsanya
CEO's First Name Segun
Designation CEO
Parkside Towers, Nkrumah Rd, Box
Mailing Address
73146-00200
Parkside Towers, Mombasa Road
Physical Address
Nairobi, Kenya
Phone +254 733 100 100
Fax +254 206 911 106
Email customerservice@ke.airtel.com
Website www.airtelkenya.com

Current Year Ranking 397

Previous Year Ranking -
Diff -
Company Bulyanhulu Gold Mine
Sector Mining
Country Tanzania
Turnover 2020 240.0
Net Profits ND
Turnover Change 3,53
CEO's Last Name Hawkins
CEO's First Name Greg
Designation Chief Executive Officer
Mailing Address Box 1081 Dar es Salaam
Pg. 764 Africa Business Directory - Ed. 2022

r Plot 1736, Hamza Road, Msani

Physical Address
Peninsula, Dar es Salaam
Phone 00255 22 260 0604
Fax 00255 22 260 0210
Email ghawkins@africanbarrickgold.com
Website www.africanbarrickgold.com

Current Year Ranking 398

Previous Year Ranking 410
Diff 12
Company Zambeef
Sector Food & Drinks
Country Zambia
Turnover 2020 239.6
Net Profits 2.1
Turnover Change -6%
CEO's Last Name Mundashi
CEO's First Name Michael
Designation Chairman
Private Bag 17, Woodlands, Lusaka,
Mailing Address
Zambia
Plot 4970, Manda Road, Industrial
Physical Address
Area, Lusaka,Zambia
Phone +260 211 369 000
Fax +260 211 369 050
Email
Website www.zambeefplc.com

Current Year Ranking 399

Previous Year Ranking 424
Diff 25
Pg. 765 Africa Business Directory - Ed. 2022

Company Société des Brasseries du Gabon*

Sector Food & Drinks
Country Gabon
Turnover 2020 238.4
Net Profits ND
Turnover Change 0
CEO's Last Name Bonatti
CEO's First Name Fabrice
Designation Director General
Mailing Address Box 487 Libreville
Physical Address Boulevard Leon M'Ba, Libreville
Phone 00241 70 1969
Fax 00241 70 1979
Email nfo@castelgabon.com
Website https://sobraga.net

Current Year Ranking 400

Previous Year Ranking -
Diff -
Company Sodeci
Sector Utilities
Country Côte d'Ivoire
Turnover 2020 238.4
Net Profits 8.1
Turnover Change 0,44
CEO's Last Name Bakayoko
CEO's First Name Ahmadou
Designation Chief Operations Officer
Mailing Address 01 BP 1843 Abidjan 01
Physical Address 1,Avenue Christiani, Treichville
Pg. 766 Africa Business Directory - Ed. 2022

Phone (+225) 27 21 23 30 00
Fax (+225) 27 20 23 30 06
Email
Website www.sodeci.ci

Current Year Ranking 401

Previous Year Ranking 369
Diff -32
Company Kenya Pipeline Co.
Sector Petroleum
Country Kenya
Turnover 2020 2373
Net Profits 36.3
Turnover Change -0,23
CEO's Last Name Okuthe
CEO's First Name Rita
Designation Chairperson
Mailing Address P.O.Box 73442 – 00200,
Kenpipe Plaza,Sekondi Road, Off
Physical Address
Nanyuki Road,Industrial Area,Nairobi
Phone 020 2606500-4
Fax
Email complaints@kpc.co.ke
Website www.kpc.co.ke

Current Year Ranking 402

Previous Year Ranking 414
Diff 12
Company TGCC
Sector Construction
Pg. 767 Africa Business Directory - Ed. 2022

Country Morocco
Turnover 2020 234.4
Net Profits 4.7
Turnover Change -0,18
CEO's Last Name BOUZOUBAA
CEO's First Name Mohammed
Designation Chairman and CEO
Mailing Address
4, rue Al Imam Mouslim – Oasis 20103
Physical Address
Casablanca – Maroc
Phone 212 522 23 88 93
Fax 212 522 23 88 67
Email contact@tgcc.ma
Website www.tgcc.ma

Current Year Ranking 403

Previous Year Ranking 464
Diff 61
Company MIN Congo
Sector ICT
Country Rep. of Congo
Turnover 2020 233,3
Net Profits ND
Turnover Change 0,15
CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Pg. 768 Africa Business Directory - Ed. 2022

Fax -
Email -
Website -

Current Year Ranking 404

Previous Year Ranking -
Diff -
Company Mana Gold Mine
Sector Mining
Country Burkina Faso
Turnover 2020 233.0
Net Profits ND
Turnover Change ND
CEO's Last Name -
CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Fax -
Email -
Website -

Current Year Ranking 405

Previous Year Ranking 436
Diff 31
Company SNMVT-Monoprix
Sector Retail
Country Tunisia
Turnover 2020 233.0
Pg. 769 Africa Business Directory - Ed. 2022

Net Profits -3.2

Turnover Change 0,03
CEO's Last Name Chettaoui
CEO's First Name Nabil
Designation President
Building 1, Rue Larbi Zarrouk, Megrine
Mailing Address
Riadh 740761 Tunis
Physical Address +216 711 432 599
Phone +216 711 434 750
Fax info@snvt.com
Email www.monoprix.tn
Website

Current Year Ranking 406

Previous Year Ranking 467
Diff 61
Company Société d'Articles Hygiéniques
Sector Chemicals
Country Tunisia
Turnover 2020 231.8
Net Profits 12.3
Turnover Change 0,16
CEO's Last Name MEZNI
CEO's First Name Jalila
Designation CEO
Mailing Address 2035 ARIANA Tunis
SAH, Rue 8610 Zone Ind. Charguia I –
Physical Address
Tunis-Carthage Tunisie
Phone 71809222
Fax 71806804
Email benmalek.m@lilas.com.tn
Pg. 770 Africa Business Directory - Ed. 2022

Website www.lilas.com.tn/Fr/

Current Year Ranking 407

Previous Year Ranking 450
Diff 43
Company CFM
Sector Rail transport
Country Mozambique
Turnover 2020 231.1
Net Profits 69.1
Turnover Change 0,09
CEO's Last Name Matabel
CEO's First Name Miguel José
Designation Chairman
Mailing Address PO Box 2158. MAPUTO. MOZAMBIQUE
Workers Square Maputo -
Physical Address
Mozambique
Phone (+258) 825448100
Fax (+258) 21313921
Email gci@cfm.co.mz
Website www.cfm.co.mz

Current Year Ranking 408

Previous Year Ranking 489
Diff 81
Company Majid Al Futtaim Kenya
Sector Retail
Country Kenya
Turnover 2020 230.8
Net Profits ND
Pg. 771 Africa Business Directory - Ed. 2022

Turnover Change 0,3

CEO's Last Name Bejjani
CEO's First Name Alain
Designation Chief Executive Officer
Mailing Address P.O.Box 2012-00621 Nairobi
Tower 1, 10th Floor, City Centre Deira
Physical Address Complex PO Box 91100, Dubai, United
Arab Emirates
Phone +254 020 888999
Fax +971 4 294 9999
Email Kencallcenter@mafcarrefour.com
Website www.majidalfuttaim.com

Current Year Ranking 409

Previous Year Ranking 427
Diff 18
Company British American Tobacco Kenya
Sector Agribusiness
Country Kenya
Turnover 2020 230.6
Net Profits 50.2
Turnover Change 0,02
CEO's Last Name KAVASHE
CEO's First Name RITA
Designation CHAIRPERSON
Box 30000 – 00100 GPO Nairobi-
Mailing Address
Kenya
British American Tobacco Kenya plc
Physical Address
08 Likoni Road, Industrial Area
Phone 254 0 711 062 000
Fax
Pg. 772 Africa Business Directory - Ed. 2022

Email info_ke@bat.com
Website www.batkenya.com

Current Year Ranking 410

Previous Year Ranking 433
Diff 23
Company Exyptian International Tourism Co.
Sector Tourism
Country Egypt
Turnover 2020 229.9
Net Profits 1.8
Turnover Change 0,24
CEO's Last Name Saeed Siddiqui
CEO's First Name Haroon
Designation Chairman
Mailing Address
47 El-Batal Ahmed Abdel Aziz Street
Physical Address
El-Mohandesin Dokki Giza 12611
Phone +20.2.33007496
Fax +20.2.33023945
Email promotion@mota.gov.eg
Website www.findinegypt.com

Current Year Ranking 411

Previous Year Ranking 460
Diff 49
Company CDC
Sector Financial services
Country Tunisia
Turnover 2020 2292
Pg. 773 Africa Business Directory - Ed. 2022

Net Profits 29,8

Turnover Change 0,13
CEO's Last Name CHALGOUM
CEO's First Name Ridha
Chairman of the Supervisory
Designation
Commission
Mailing Address
07, Rue Abou Hamed El Ghazali,
Physical Address Jardins du Japon, Montplaisir, 1073
Tunis.
Phone 216 71 905 999
Fax 216 71 908 213
Email cdc@cdc.tn
Website www.cdc.tn

Current Year Ranking 412

Previous Year Ranking 426
Diff 14
Company Auto Nejma
Sector Auto industry
Country Morocco
Turnover 2020 226.7
Net Profits 12.5
Turnover Change 0,04
CEO's Last Name HAKAM
CEO's First Name ABDELLATIF
Designation Chairman AUTO NEJMA
Mailing Address
Siège Social Km 10, Route d’El Jadida
Physical Address
CP 20230 Casablanca - Maroc
Phone 801020020
Pg. 774 Africa Business Directory - Ed. 2022

Fax 522650825
Email khalid.sebti@autonejma.co.ma
Website www.autonejma.ma

Current Year Ranking 413

Previous Year Ranking 392
Diff -21
Company Rogers & Co
Sector Diversified
Country Mauritius
Turnover 2020 226.2
Net Profits -10.3
Turnover Change -0,17
CEO's Last Name Philippe
CEO's First Name Espitalier-Noël
Designation CEO
PO Box 60, Port Louis 11302, Mauritius,
Mailing Address
Indian Ocean
5th floor, Rogers House, 5 President
Physical Address
John Kennedy Street
Phone 2302026666
Fax 2302083646
Email communication@rogers.mu
Website www.rogers.mu

Current Year Ranking 414

Previous Year Ranking -
Diff -
Company MTN Sudan
Sector ICT
Country Sudan
Pg. 775 Africa Business Directory - Ed. 2022

Turnover 2020 225.6

Net Profits ND
Turnover Change 0,67
CEO's Last Name MELAMU
CEO's First Name MALIK. K.
Designation CEO, MTN Sudan
Mailing Address P.O. Box 2869
Omac St. (Manchiyah), Sudan,
Physical Address
Khartoum
Phone 921111111
Fax 249 15 530 0944
Email customercare@mtn.sd
Website www.mtn.sd

Current Year Ranking 415

Previous Year Ranking 437
Diff 22
Company Consolidated Infrastructure Group*
Sector Construction
Country South Africa
Turnover 2020 225,3
Net Profits -95.5
Turnover Change 0,04
CEO's Last Name Gamsu
CEO's First Name Raoul
Designation Chief Executive Officer
Mailing Address
70 Marshall Street, Johannesburg
Physical Address
2001
Phone +27 861 100 933
Fax +27 86 748 9169
Pg. 776 Africa Business Directory - Ed. 2022

Email raoulg@buildworksgroup.co.za
Website www.ciglocating.com

Current Year Ranking 416

Previous Year Ranking 486
Diff 70
Company Palmci
Sector Agribusiness
Country Côte d'Ivoire
Turnover 2020 224.0
Net Profits 0.5
Turnover Change 0,25
CEO's Last Name KOREKI
CEO's First Name Christophe
Designation Managing Director
Mailing Address PALC, Bd de Vridi. 18 BP 3321
Immeuble Palmci Boulevard De Vridi
Physical Address
Abidjan, 18 Ivory Coas
Phone 225-21210900
Fax (225) 21210930
Email
Website http://www.groupesifca.com/

Current Year Ranking 417

Previous Year Ranking 407
Diff -10
Company Cervejas de Moçambique
Sector Food & Drinks
Country Mozambique
Turnover 2020 222.4
Pg. 777 Africa Business Directory - Ed. 2022

Net Profits 3.2

Turnover Change -0,15
CEO's Last Name De Assis
CEO's First Name Sandro Fernando
Designation Chief Executive Officer
PO Box/Caixa Postal 3555 Maputo-
Mailing Address
Moçambique
Rua do Jardim, 1329 Maputo-
Physical Address
Moçambique
Phone 258 21 352 300
Fax
Email souCDM@mz.ab-inbev.com
Website www.cdm.co.mz

Current Year Ranking 418

Previous Year Ranking 374
Diff -44
Company Puma Energy Zambia
Sector Petroleum
Country Zambia
Turnover 2020 221.0
Net Profits 7.6
Turnover Change -0,27
CEO's Last Name Hallouche
CEO's First Name Hadi
Designation Chief Executive Officer
Mailing Address
Mukuba Pension Hse, Dedan Kimathi
Physical Address
Rd, P.O.Box 31999, Lusaka, Zambia
Phone 260 21 122 8684
Fax 260 21 122 3645
Pg. 778 Africa Business Directory - Ed. 2022

Email
Website www.pumaenergy.com

Current Year Ranking 419

Previous Year Ranking 420
Diff 1
Company Eqdom
Sector Financial services
Country Morocco
Turnover 2020 220.5
Net Profits 3,8
Turnover Change -0,18
CEO's Last Name Benboujida
CEO's First Name Younes
Designation Chief Executive Officer
Mailing Address
Angle Rue Mly Ahmed Laoukili et Rue
Physical Address
Tanger - Rabat
Phone 0537 66 05 58
Fax
Email
Website www.eqdom.ma

Current Year Ranking 420

Previous Year Ranking 366
Diff -54
Company Sidi Kerir Petrochemicals Co.
Sector Petroleum
Country Egypt
Turnover 2020 219.9
Pg. 779 Africa Business Directory - Ed. 2022

Net Profits -2'

Turnover Change -0,29
CEO's Last Name Ibrahim
CEO's First Name Mohamed
Designation Chairman and CEO
Mailing Address
KM 36 Alexandria/Cairo Desert Road
Physical Address El-Amerya - El-Nahda Territory -
Alexandria.
Phone 2034770131
Fax
Email info@sidpec.com
Website www.sidpec.com

Current Year Ranking 421

Previous Year Ranking -
Diff -
Company Société Ivoirienne des Tabacs
Sector Agribusiness
Country Côte d'Ivoire
Turnover 2020 216.3
Net Profits 16.0
Turnover Change 0,34
CEO's Last Name MAGN
CEO's First Name Pierre
Designation Chairman
Mailing Address
Physical Address 01 BP 724 Abidjan 01
Phone 22520310600
Fax 22520310690
Pg. 780 Africa Business Directory - Ed. 2022

Email
Website

Current Year Ranking 422

Previous Year Ranking 483
Diff 61
Company PZ Cussons Nigeria
Sector Chemicals
Country Nigeria
Turnover 2020 215.5
Net Profits 4.4
Turnover Change 0,17
CEO's Last Name Katsis
CEO's First Name Panagiotis
Designation Chief Executive Officer
Mailing Address PMB 21132 Ikeja, Lagos
Physical Address Ilupeju Indus- trial Estate, Ikeja, Lagos
Phone 00234 1 271 7153
Fax 00234 1 496 2076
Email pzindustries@pzil.com
Website www.pzcussons.com

Current Year Ranking 423

Previous Year Ranking 475
Diff 52
Company Agence Nationale des Ports
Sector Ports
Country Morocco
Turnover 2020 215.4
Net Profits 7.4
Pg. 781 Africa Business Directory - Ed. 2022

Turnover Change 0,13

CEO's Last Name LARAKI
CEO's First Name NADIA
Designation Chief Executive Officer
Mailing Address
300, lotissement Mandarona , Sidi
Physical Address
Maârouf, 20270 Casablanca
Phone 212 (0)5 20 12 13 14
Fax 212 (0)5 22 786102
Email
Website www.anp.org.ma

Current Year Ranking 424

Previous Year Ranking 394
Diff -30
Company Engen Botswana
Sector Petroleum
Country Botswana
Turnover 2020 214.6
Net Profits 9
Turnover Change -0,21
CEO's Last Name Alias
CEO's First Name Encik Ahmad Adly
Designation Chairman
Mailing Address PO Box 867,Gaborone,Botswana
Plot 54026,Western
Physical Address
Bypass,Gaborone,Botswana
Phone 267322210
Fax 267322284
Email
Website www.engen.co.za
Pg. 782 Africa Business Directory - Ed. 2022

Current Year Ranking 425

Previous Year Ranking 444
Diff 19
Company UAC of Nigeria
Sector Diversified
Country Nigeria
Turnover 2020 213.0
Net Profits 11.3
Turnover Change -2%
CEO's Last Name Agbor
CEO's First Name Daniel
Designation Chairman
Mailing Address Box 9 Lagos Island, Lagos
UAC House, 1-5 Odunlam Street,
Physical Address
Lagos
Phone 00234 1 873 0080
Fax 00234 1 555 7249
Email registrar@uacnplc. com
Website www.uacnplc.com

Current Year Ranking 426

Previous Year Ranking 445
Diff 19
Company ENTP
Sector Petroleum
Country Algeria
Turnover 2020 212.3
Net Profits ND
Turnover Change -2%
Pg. 783 Africa Business Directory - Ed. 2022

CEO's Last Name Brahim

CEO's First Name Hammoudi
Designation President & Director General
BO 206207, Hassi- Messaoud, Wilaya
Mailing Address
of Ouargla
Base of 20th August 1955, Hassi-
Physical Address
Messaoud, Wilaya of Ouargla
Phone 00213 29 73 88 50
Fax 00213 29 73 84 06
Email b.benamor@entp-dz.com
Website www.entp-dz.com

Current Year Ranking 427

Previous Year Ranking 435
Diff 8
Company Hyprop Investments
Sector Construction
Country South Africa
Turnover 2020 211.
Net Profits -240.4
Turnover Change -8%
CEO's Last Name WILKEN
CEO's First Name MORNÉ
Designation Chief Executive Officer
Mailing Address PO Box 52509, Saxonwold, 2132
2nd Floor, Cradock Heights, 21
Physical Address
Cradock Avenue, Rosebank, 2196
Phone 27 11 447 0090
Fax
Email lizelle@hyprop.co.za
Website www.hyprop.co.za
Pg. 784 Africa Business Directory - Ed. 2022

Current Year Ranking 428

Previous Year Ranking 432
Diff 4
Company Airtel Tanzania
Sector ICT
Country Tanzania
Turnover 2020 211.3
Net Profits 49.4
Turnover Change 0,01
CEO's Last Name Balsingh
CEO's First Name Dinesh
Designation Managing Director
Mailing Address PO Box 9623, Dar-es-Salaam,
Airtel House, Corner of A.H Mwinyi
Physical Address
Road & Kawawa Road, Kinondoni
Phone +255 784 103 001
Fax
Email helpdesk@airtel.co.tz
Website https://www.airtel.co.tz/

Current Year Ranking 429

Previous Year Ranking 451
Diff 22
Company urO
Sector Services
Country South Africa
Turnover 2020 211.1
Net Profits -2.9
Turnover Change 0,01
Pg. 785 Africa Business Directory - Ed. 2022

CEO's Last Name -

CEO's First Name -
Designation -
Mailing Address -
Physical Address -
Phone -
Fax -
Email -
Website -

Current Year Ranking 430

Previous Year Ranking 363
Diff -67
Company Vivo Energy Mauritius
Sector Petroleum
Country Mauritius
Turnover 2020 207.8
Net Profits 4,3
Turnover Change -34%
CEO's Last Name de Larminat
CEO's First Name Matthias
Managing Director and Executive
Designation
Director
Mailing Address
Physical Address Cemetery Road Roche Bois Mauritius
Phone (+) 230 206 1234
Fax (+) 230 240 1043
Email
https://www.vivoenergy.com/Where
Website
-we-Operate/Mauritius
Pg. 786 Africa Business Directory - Ed. 2022

Current Year Ranking 431

Previous Year Ranking -
Diff -
Company Delta Sugar
Sector Agribusiness
Country Egypt
Turnover 2020 205 9
Net Profits -16.1
Turnover Change 0,4
CEO's Last Name El Yazeed
CEO's First Name Ahmed Abo
Designation Chairman
Mailing Address 2060
Block 17 Markaz Elk Hadamat Street,
Physical Address
4th Quarter, 6th October City
Phone 20238308212
Fax 20238311060
Email H.A.Gad@deltasugar.com
Website www.deltasugar.com

Current Year Ranking 432

Previous Year Ranking 423
Diff -9
Company Alteo
Sector Agribusiness
Country Mauritius
Turnover 2020 204.4
Net Profits 5.5
Turnover Change -14%
CEO's Last Name DE CHASTEAUNEUF
Pg. 787 Africa Business Directory - Ed. 2022

CEO's First Name Jérôme

Designation Non Executive Chairman
Mailing Address 81430, Mauritius
Physical Address Vivéa Business Park, St Pierre,
Phone (230) 402 9050
Fax (230) 432 0729
Email info@alteogroup.com
Website https://www.alteogroup.com/

Current Year Ranking 433

Previous Year Ranking 493
Diff 60
Company Sothema
Sector Pharmaceuticals
Country Morocco
Turnover 2020 200.9
Net Profits
Turnover Change -14%
CEO's Last Name TAZI
CEO's First Name Omar
Designation Chief Executive Officer
Mailing Address BP 20180
Physical Address Z.I. Bouskoura – MAROC
Phone 05.22.43.70.40 (LG)
Fax 05.22.33.41.09
Email sothema@sothema.com
https://sothema.com/web/laboratoi
Website
res-pharmaceutiques-sothema/

Current Year Ranking 434

Pg. 788 Africa Business Directory - Ed. 2022

Previous Year Ranking 457

Diff 23
Company Value Group
Sector Transport
Country South Africa
Turnover 2020 200.6
Net Profits 9.5
Turnover Change -2%
CEO's Last Name Gottschalk
CEO's First Name Steven
Designation Chief Executive Officer
Mailing Address Box 778 Isando 1600
Physical Address 49 Brewery Road, Isando 1600
Phone 0027 11 929 6700
Fax 0027 11 929 6788
Email contact@value.co.za
Website www.value.co.za

Current Year Ranking 435

Previous Year Ranking 476
Diff 41
Company Nexans Maroc
Sector Electrical equip.
Country Morocco
Turnover 2020 199.7
Net Profits 5.2
Turnover Change 0,06
CEO's Last Name Alami
CEO's First Name Selma
Designation Chief Executive
Pg. 789 Africa Business Directory - Ed. 2022

Mailing Address
(20400) Bd. Ahl Loghlam, Rte Tit Mellil
Physical Address
Sidi Moumen - Sidi Moumen (AR)
Phone +212 5227-62920 /05-22-76-63-00
Fax 05-22-76-62-91
Email dircom@nexans.com
Website https://www.nexans.ma/fr/

Current Year Ranking 436

Previous Year Ranking 469
Diff 33
Company Cie. Sahélienne d'Entreprises*
Sector Construction
Country Senegal
Turnover 2020 197.4
Net Profits 4,8
Turnover Change 0,03
CEO's Last Name SOW
CEO's First Name OMAR
Designation Chairman of the Board
Mailing Address BP 609
Physical Address Rocade Fann bel air, Dakar, Senegal
Phone (+221) 33 859 03 00
Fax (+221) 33 832 03 95
Email
Website https://groupecse.com/

Current Year Ranking 437

Previous Year Ranking 452
Diff 15
Pg. 790 Africa Business Directory - Ed. 2022

Company Transnational Corp. of Nigeria

Sector Diversified
Country Nigeria
Turnover 2020 196.5
Net Profits 9.9
Turnover Change -6%
CEO's Last Name OMOGIAFO
CEO's First Name OWEN
Designation PRESIDENT/CEO
Mailing Address
38 Glover Road, (Formerly 22B), Ikoyi,
Physical Address
Lagos, Nigeria
Phone 8145652652
Fax
Email info@transcorpnigeria.com
Website https://transcorpgroup.com/

Current Year Ranking 438

Previous Year Ranking 380
Diff -58
Company Novus Holding
Sector Wood
Country South Africa
Turnover 2020 193.6
Net Profits -1.6
Turnover Change -34%
CEO's Last Name Birch
CEO's First Name Neil
Designation Chief Executive Officer
Mailing Address
Pg. 791 Africa Business Directory - Ed. 2022

Physical Address 10 Freedom Way, Milnerton, 7441

Phone +27 21 550 2500
Fax
Email info@novus.holdings
Website https://novus.holdings/

Current Year Ranking 439

Previous Year Ranking 396
Diff -43
Company Resilient Property Income Fund
Sector Construction
Country South Africa
Turnover 2020 193.5
Net Profits ND
Turnover Change -0,29
CEO's Last Name de Beer
CEO's First Name Desmond (Des)
Designation Chief Executive Officer
Mailing Address PO Box 2555 Rivonia 2128
4th Floor, Rivonia Village Rivonia
Physical Address
Boulevard Rivonia 2191
Phone +27 11 612 6800
Fax +27 11 612 6899
Email info@resilient.co.za
Website https://www.resilient.co.za/

Current Year Ranking 440

Previous Year Ranking 468
Diff 28
Company Société Multinationale de Bitumes
Pg. 792 Africa Business Directory - Ed. 2022

Sector Construction
Country Côte d'Ivoire
Turnover 2020 192.0
Net Profits 17.6
Turnover Change -0,03
CEO's Last Name SIDIBE
CEO's First Name Marie Josephine
Designation Chief Executive
Mailing Address BP 622 Abidjan 12
Abidjan Vridi - Boulevard de Petit–
Physical Address Bassam – au sein de la raffinerie SIR
- 12
Phone (+) 27 21 23 70 70 / 27 21 23 71 90
Fax 27 21 27 05 18
Email infosmb@sir.ci
Website http://smb.ci/

Current Year Ranking 441

Previous Year Ranking -
Diff -
Company Disway
Sector Electrical equip.
Country Morocco
Turnover 2020 1914
Net Profits 9.4
Turnover Change 0,14
CEO's Last Name Belmaachi
CEO's First Name Najib Hakim
Designation Chairman of the Board
Mailing Address -
Pg. 793 Africa Business Directory - Ed. 2022

8 lotissement La colline, Sidi Maârouf

Physical Address
20270 Casablanca, Maroc
Phone +212 522 509 600 / 522 957 000
Fax +212 522 973 760
Email -
Website https://www.disway.com/

Current Year Ranking 442

Previous Year Ranking 443
Diff 1
Company Britam Kenya
Sector Financial services
Country Kenya
Turnover 2020 190.7
Net Profits ND
Turnover Change -0,13
CEO's Last Name Karama
CEO's First Name Mohamed Said
Designation Non Executive Director
Mailing Address P.O.Box: 30375-00100
Physical Address Nairobi, Kenya
Phone 7051 00 100
Fax -
Email Info@Britam.Com
Website https://ke.britam.com/

Current Year Ranking 443

Previous Year Ranking -
Diff -
Company Arabian Food Industries Co. / Dompty
Pg. 794 Africa Business Directory - Ed. 2022

Sector Food & Drinks

Country Egypt
Turnover 2020 190.0
Net Profits 10.0
Turnover Change -14%
CEO's Last Name EL DAMATY
CEO's First Name MOHAMED OMAR MOHAMED
Designation CEO and Vice Chairman
Mailing Address PO Box 245 Orman - Giza, Egypt
Physical Address 32C Murad Street - Giza
Phone +202-35703480/35722833
Fax
Email domty@domty.org
Website https://www.domty.org/

Current Year Ranking 444

Previous Year Ranking 434
Diff -10
Company Workforce Holdings
Sector Services
Country South Africa
Turnover 2020 189 5
Net Profits 2.4
Turnover Change -17%
CEO's Last Name Katz
CEO's First Name Ronny
Designation Chief Executive Officer
Mailing Address
11 Wellington Road, Parktown,
Physical Address
Johannesburg, 2193
Pg. 795 Africa Business Directory - Ed. 2022

Phone +27 11 532 0000

Fax +27 11 643 2626
Email info@workforce.co.za
Website https://www.workforce.co.za/

Current Year Ranking 445

Previous Year Ranking -
Diff -
Company Asanko Mines/ Galiano gold
Sector Mining
Country Ghana
Turnover 2020 188.2
Net Profits 59.4
Turnover Change 0,23
CEO's Last Name Baylak
CEO's First Name Matt
Designation DIRECTOR AND CEO
Mailing Address P.O. Box CT 6153, Accra, Ghana
4 Sir Arku Korsah Road Airport
Physical Address
Residential Area Accra Ghana
Phone 233-243-690-224
Fax
Email info@galianogold.com
https://asanko.com/operations/asa
Website
nko-gold-mine/default.aspx

Current Year Ranking 446

Previous Year Ranking 497
Diff 51
Company Illovo Malawi
Sector Agribusiness
Pg. 796 Africa Business Directory - Ed. 2022

Country Malawi
Turnover 2020 188.1
Net Profits 3.5
Turnover Change 0,08
CEO's Last Name Dalgleish
CEO's First Name Gavin
Designation Group Managing Director
Mailing Address PO Box 194 Durban 4000
1 Nokwe Avenue Umhlanga Ridge
Physical Address
South Africa
Phone +27 31 508 4300
Fax
Email
Website https://www.illovosugarafrica.com/

Current Year Ranking 447

Previous Year Ranking 453
Diff 6
Company Phoenix Beverages
Sector Food & Drinks
Country Mauritius
Turnover 2020 186.2
Net Profits 11.0
Turnover Change -0,1
CEO's Last Name THEYS
CEO's First Name Bernard
Designation Chief Executive Officer
Mailing Address
Physical Address Pont Fer, Phoenix Mauritius
Phone (+)) 230 60 12000
Pg. 797 Africa Business Directory - Ed. 2022

Fax
Email contact@phoenixbev.mu
Website https://phoenixbev.mu/

Current Year Ranking 448

Previous Year Ranking 490
Diff 42
Company CFAO Automotive CI
Sector Auto industry
Country Côte d'Ivoire
Turnover 2020 185 4
Net Profits 7.1
Turnover Change 0,05
CEO's Last Name Edouard
CEO's First Name Rochet
Designation Regional Director
Mailing Address 01 Box 2114 Abidjan
Physical Address Km 4, Boulevard de Marseille, Abidjan
Phone 00225 21 21 21 21
Fax 00225 21 21 21 20
Email webmaster@cfao.com
Website www.cfao group.com

Current Year Ranking 449

Previous Year Ranking 474
Diff 25
Company Agbaou Gold Operations/ Endeavour
Sector Mining
Country Côte d'Ivoire
Turnover 2020 184.5
Pg. 798 Africa Business Directory - Ed. 2022

Net Profits ND
Turnover Change 0,04
CEO's Last Name Ouattara
CEO's First Name Ekra Kassoum
Designation General Manager
Mailing Address 06 BP 518
Hotel Palm Club Croisement
Physical Address Boulevard Latrille et rue du Lycée
Technique, Abidjan
Phone +225-22-48-99 00
Fax +225-22-41-57 85
Email
Website

Current Year Ranking 450

Previous Year Ranking 461
Diff 11
Company Maridive
Sector Petroleum
Country Egypt
Turnover 2020 181.0
Net Profits ND
Turnover Change -0,11
CEO's Last Name Makram
CEO's First Name Mohamed Ashraf
Designation Managing Director
Mailing Address
37, Corrnish El Nile, El Maadi. Cairo.
Physical Address
EGYPT
Phone (+202) 23585204
Fax (+202) 23581160
Pg. 799 Africa Business Directory - Ed. 2022

Email mop@moscairo.com
Website https://www.maridivegroup.net/

Current Year Ranking 451

Previous Year Ranking 442
Diff -9
Company Namibia Breweries
Sector Food & Drinks
Country Namibia
Turnover 2020 180.5
Net Profits 17.8
Turnover Change -0,18
CEO's Last Name Wenk
CEO's First Name Marco
Designation Chairman
Mailing Address Box 206 Windhoek
Iscor Street, Northern Industrial,
Physical Address
Windhoek
Phone 00264 61 320 4999
Fax 00264 61 263 327
Email info@nambrew.com
Website www.nambrew.com

Current Year Ranking 452

Previous Year Ranking 446
Diff -6
Company Nu World Holdings
Sector Transport
Country South Africa
Turnover 2020 179.3
Pg. 800 Africa Business Directory - Ed. 2022

Net Profits 8.6

Turnover Change -0,17
CEO's Last Name J Goldberg
CEO's First Name effrey Alan goldber
Designation Managing Director & CEO
Mailing Address Box 8964 Johannes- burg 2000
35, Third Street, Wyn- berg, Sandton
Physical Address
2199
Phone 0027 11 321 2111
Fax 0027 11 440 9920
Email jgoldberg@nuworld.co.za
Website www.nuworld.co.za

Current Year Ranking 453

Previous Year Ranking 232
Diff -221
Company Société Tunisienne de l'Air (Tunisair)
Sector Air transport
Country Tunisia
Turnover 2020 178.3
Net Profits ND
Turnover Change -0,69
CEO's Last Name Chelly
CEO's First Name Khaled
Designation Chief Executive Officer
Mailing Address Box 746 Tunis 1080
Tunisair Building, 7 November 1987
Physical Address
Street, Carthage 2035
Phone 00216 70 83 70 00
Fax 00216 70 83 69 00
Email opinions@tunisair.com.tn
Pg. 801 Africa Business Directory - Ed. 2022

Website www.tunisair.com.tn

Current Year Ranking 454

Previous Year Ranking -
Diff -
Company MTN Rwanda
Sector ICT
Country Rwanda
Turnover 2020 178.0
Net Profits ND
Turnover Change 0,25
CEO's Last Name Ng’ambi
CEO's First Name Mitwa Kaemba
Designation Chief Executive Officer
Mailing Address P.O. Box 264, Kigali, Rwanda
MTN Rwandacell PLC, MTN Centre,
Physical Address
Nyarutarama
Phone (+250) 280390000
Fax
Email pr2.RW@mtn.com
Website https://www.mtn.co.rw/

Current Year Ranking 455

Previous Year Ranking 466
Diff 11
Company EIPICO
Sector Pharmaceuticals
Country Egypt
Turnover 2020 178.5
Net Profits 26.8
Pg. 802 Africa Business Directory - Ed. 2022

Turnover Change -0,11

CEO's Last Name Ahmed
CEO's First Name Kelani
Chairman of the Board of Directors
Designation
and Managing Director
Mailing Address
EIPICO, Tenth of Ramadan City - 1st
Physical Address
Industrial Zone B1, Egypt
Phone 20554499199
Fax 20554499306
Email eipico@eipico.com.eg
Website https://www.eipico.com.eg/

Current Year Ranking 456

Previous Year Ranking 458
Diff 2
Company Deneb Investments
Sector Financial services
Country South Africa
Turnover 2020 177.6
Net Profits 8.8
Turnover Change -0,13
CEO's Last Name QUEEN
CEO's First Name STUART
Designation Chief Executive Officer
Mailing Address P.O. Box 1585, CapeTown, 8000
5th Floor Deneb House, Cnr Main and
Physical Address Browning Roads, Observatory, Cape
Town, 7925
Phone 27 21 486 1400
Fax
Pg. 803 Africa Business Directory - Ed. 2022

Email info@deneb.co.za
Website https://deneb.co.za/

Current Year Ranking 457

Previous Year Ranking 462
Diff 5
Company MTN Zambia
Sector ICT
Country Zambia
Turnover 2020 175.8
Net Profits ND
Turnover Change -0,13
CEO's Last Name Hofker
CEO's First Name Bart
Designation Chief Executive Officer
Mailing Address 10101 Zambia
Yello house plot no a255, Zambezi,
Physical Address
Lusaka, Zambie
Phone (+)260966221950
Fax
Email SMEbusiness.ZM@mtn.com
Website https://www.mtn.zm/

Current Year Ranking 458

Previous Year Ranking 291
Diff -167
Company Office National des Aéroports
Sector Air transport
Country Morocco
Turnover 2020 175.4
Pg. 804 Africa Business Directory - Ed. 2022

Net Profits -212.0

Turnover Change -0,6
CEO's Last Name Laklalech
CEO's First Name Habiba
Designation Director General
Mailing Address
Mohammed V International Airport,
Physical Address
Nouasseur, Casablanca
Phone 00212 5 22 53 90 40
Fax 00212 5 22 53 90 51
Email a.lakhim@onda.ma
Website www.onda.ma

Current Year Ranking 459

Previous Year Ranking 494
Diff 35
Company Transaction Capital
Sector Financial services
Country South Africa
Turnover 2020 174.3
Net Profits 13.9
Turnover Change 0,04
CEO's Last Name Hurwitz
CEO's First Name David
Designation Chief Executive Officer
Mailing Address PO Box 41888 Craighall, 2024
342 Jan Smuts Hyde Park,
Physical Address
Johannesburg 2196
Phone (+) 27 11 049 7600
Fax (+) 27 11 049 7899
Email info@transactioncapital.co.za
Pg. 805 Africa Business Directory - Ed. 2022

https://www.transactioncapital.co.za
Website
/

Current Year Ranking 460

Previous Year Ranking 498
Diff 38
Company ASEC Holding*
Sector Construction
Country Egypt
Turnover 2020 170.0
Net Profits ND
Turnover Change 0,06
CEO's Last Name Hekal
CEO's First Name Ahmed
Designation Founder
Mailing Address Egypt 11519
1089 Corniche El-Nil, Four Seasons
Physical Address Nile Plaza Office Building, Garden
City, Cairo
Phone +20 (2) 2791-4440
Fax +20 (2) 2791-4448
Email INF...@QALAAHOLDINGS.COM
http://www.qalaaholdings.com/en/
Website
asec-holding

Current Year Ranking 461

Previous Year Ranking -
Diff -
Tanzania Portland Cement Co.
Company
/Twiga Cement
Sector Construction
Country Tanzania
Pg. 806 Africa Business Directory - Ed. 2022

Turnover 2020 169,3

Net Profits 32.1
Turnover Change 0,13
CEO's Last Name Velez
CEO's First Name Alfonso
Designation Managing Director
Mailing Address P.O. Box 1950 Dar es Salaam
Physical Address Wazo Hill, Dar Es Salaam, Tanzania
Phone (+) 255746810930
Fax (+) 255746810931
Email info@twigacement.com
Website https://www.twigacement.com/en

Current Year Ranking 462

Previous Year Ranking -
Diff -
Company Ivoire Coton*
Sector Agribusiness
Country Côte d'Ivoire
Turnover 2020 169.0
Net Profits 5,5
Turnover Change 0,27
CEO's Last Name Charles Sigrist
CEO's First Name Jean
Designation Director General
Mailing Address
71, boulevard de Marseille face au
Physical Address CHU de Treichville, Abidjan Côte
d'Ivoire 18 BP 3419 Abidjan 18
Phone +225 21 21 01 71
Pg. 807 Africa Business Directory - Ed. 2022

Fax +225 21 25 67 21
Email info@ivoire-coton.ci
Website www.ivoire-coton.ci

Current Year Ranking 463

Previous Year Ranking 478
Diff 15
Company SIVAC
Sector Agribusiness
Country Côte d'Ivoire
Turnover 2020 168.9
Net Profits 23,3
Turnover Change -0,1
CEO's Last Name Lath
CEO's First Name Yedoh
Designation Director General
Mailing Address 22 BP 1147 Abidjan 22
Abidjan. Z I Yopougon 22 BP 1147
Physical Address
Abidjan 22
Phone +225 23 45 99 30
Fax +225 27 23 53 22 10
Email sivac_sa@yahoo.fr
Website www.lespagesvertesci.net

Current Year Ranking 464

Previous Year Ranking 480
Diff 16
Company Onelogix Group
Sector Services
Country South Africa
Pg. 808 Africa Business Directory - Ed. 2022

Turnover 2020 168

Net Profits 2.9
Turnover Change -0,1
CEO's Last Name Lourens
CEO's First Name Ian K
Designation Chief Executive Officer & co-Founder
Mailing Address PO Box 1197, Isando, 1620
46 Tulbagh Road, Pomona AH,
Physical Address
Kempton Park, 1619
Phone +27 11 396 9012
Fax (+27) 113 96 90 50
Email controlroomolho@onelogix.com
Website https://www.onelogix.com/

Current Year Ranking 465

Previous Year Ranking -
Diff -
Company Société des Mines de Taparko
Sector Mining
Country Burkina Faso
Turnover 2020 167.1
Net Profits ND
Turnover Change 0,73
CEO's Last Name Mensa
CEO's First Name Alexander Hagan
Designation Chief Executive
Mailing Address 01 BP 4418
Immeuble Upaka Boulevard France
Physical Address
Afr Ouagadougou, 01 Burkina Faso
Phone (+) 226 25 35 81 85
Fax
Pg. 809 Africa Business Directory - Ed. 2022

Email
https://nordgoldjobs.com/fr/mines/t
Website
aparko-burkina-faso/

Current Year Ranking 466

Previous Year Ranking 499
Diff 33
Company Water Utilities Corp.
Sector Utilities
Country Botswana
Turnover 2020 165.8
Net Profits -15.2
Turnover Change -0,02
CEO's Last Name Sebina
CEO's First Name Mathews
Designation Chief Operations Officer
Mailing Address
Plot 17530, Luthuli Road P/Bag 00276,
Physical Address
Gaborone
Phone 800555555
Fax 3973852
Email metsi@wuc.bw
Website https://www.wuc.bw/

Current Year Ranking 467

Previous Year Ranking -
Diff -
Company Ennakl Automobiles
Sector Auto industry
Country Tunisia
Turnover 2020 165.6
Pg. 810 Africa Business Directory - Ed. 2022

Net Profits 5.2

Turnover Change 0
CEO's Last Name Debache
CEO's First Name Ibrahim
Designation Administrator
Mailing Address Box 129 Tunis Cedex 1080
Physical Address Z I Ariana, Aero- port, Tunis
Phone 21670836545
Fax 21670836595
Email contact@ennakl.com
Website www.ennakl.com

Current Year Ranking 468

Previous Year Ranking -
Diff -
Company ENSP
Sector Petroleum
Country Algeria
Turnover 2020 164.4
Net Profits ND
Turnover Change 1,2
CEO's Last Name KHALLOUT
CEO's First Name Abdallah
Designation Chief Executive Officer
Mailing Address BP 83
Physical Address Hassi-Messaoud, Ouargla 30500 , DZ
Phone 213 (0) 29 79 79 33
Fax 213 (0) 29 79 82 01
Email
Website http://www.enspgroup.com
Pg. 811 Africa Business Directory - Ed. 2022

Current Year Ranking 469

Previous Year Ranking 471
Diff 2
Company ABC Group
Sector Diversified
Country Mauritius
Turnover 2020 164.2
Net Profits 4.1
Turnover Change -0,16
CEO's Last Name Professor Ah-Chuen
CEO's First Name Donald
Designation Chief Executive Officer
Mailing Address
1 Military Road, ABC Centre, Port Louis,
Physical Address
Maurice
Phone +230 405 1308
Fax +230 217 54 27
Email
Website https://www.abcgroup.mu/

Current Year Ranking 470

Previous Year Ranking -
Diff -
Company Alexandria C&C Handling Co.
Sector Ports
Country Egypt
Turnover 2020 163.9
Net Profits 94.7
Turnover Change -0,1
Pg. 812 Africa Business Directory - Ed. 2022

CEO's Last Name Said Ahmed

CEO's First Name Admiral\ Ahmed Hassan Ahmed
Non-Executive Chairman Of The
Designation
Board Of Directors
Mailing Address
Quay 23 Port Of Alexandria -
Physical Address
Alexandria - Egypt
Phone 03/4800633 - 03/4800634
Fax 03/4862124
Email Alexcont@Alexcont.Com
Website https://alexcont.com/en

Current Year Ranking 471

Previous Year Ranking -
Diff -
Company Unilever Nigeria
Sector Chemicals
Country Nigeria
Turnover 2020 161.7
Net Profits -10.4
Turnover Change -0,02
CEO's Last Name Mehta
CEO's First Name Sanjiv
Designation Chairman
Mailing Address Box 1063 Ikeja
Physical Address 1 Billings Way Oregun, Ikeja, Lagos
Phone 00234 1 497 7300
Fax 00234 1 497 2310
Email info@unilevernigeria.com
Website www.unilevernigeria.com
Pg. 813 Africa Business Directory - Ed. 2022

Current Year Ranking 472

Previous Year Ranking -
Diff -
Company Quick Mart
Sector Retail
Country Kenya
Turnover 2020 161.3
Net Profits ND
Turnover Change 0,38
CEO's Last Name Kang'iri
CEO's First Name Peter
Designation Chief Executive Officer
P.O.Box 2361, 00621 Village Market
Mailing Address
Nairobi
Parklands · Next technology ltd
Physical Address
branch, Ngara
Phone 0726666900/0726666699
Fax
Email customercare@quickmart.co.ke
Website https://quickmart.co.ke/

Current Year Ranking 473

Previous Year Ranking 459
Diff -14
Company EgyptAir Maintenance & Eng.
Sector Air transport
Country Egypt
Turnover 2020 161.0
Net Profits -6.7
Turnover Change -0,21
Pg. 814 Africa Business Directory - Ed. 2022

CEO's Last Name Salaheldein

CEO's First Name Hani
Designation chairman and Chief Executive
Post Office 02 Airport 1, Postal Code
Mailing Address
11776, Cairo
Physical Address Cairo Interna- tional Airport, Cairo
Phone 20222656488
Fax 20222656873
Email contactus_me@egyptair.com
Website www.egyptair-me.com

Current Year Ranking 474

Previous Year Ranking 492
Diff 18
Company Les Eaux Minérales d'Oulmès
Sector Food & Drinks
Country Morocco
Turnover 2020 160.8
Net Profits 4.6
Turnover Change -9%
CEO's Last Name Bensalah-Chaqroun
CEO's First Name Miriem
Designation Chief Executive
Mailing Address
Zone industrielle de Bouskoura, 20180
Physical Address
Maroc
Phone 06 13 05 05 05
Fax
contact@leseauxmineralesdoulmes
Email
-store.ma
Pg. 815 Africa Business Directory - Ed. 2022

https://leseauxmineralesdoulmes-
Website
store.ma/

Current Year Ranking 475

Previous Year Ranking -
Diff -
Company Patisen*
Sector Food & Drinks
Country Senegal
Turnover 2020 160.3
Net Profits -1.0
Turnover Change 0,06
CEO's Last Name Omais
CEO's First Name Youssef
Designation Founder & Chief Executive Officer
Mailing Address BP: 50514 DAKAR, DAKAR
Physical Address Rond Point Cyrnos, Dakar
Phone 33 849 55 55
Fax
Email info@patisen.com
Website https://patisen.com/

Current Year Ranking 476

Previous Year Ranking -
Diff -
Company Asky Airlines*
Sector Air transport
Country Togo
Turnover 2020 160.0
Net Profits 8.0
Pg. 816 Africa Business Directory - Ed. 2022

Turnover Change 0,23

CEO's Last Name Woldemariam
CEO's First Name Esayas
Designation Executive Officer
Mailing Address BP: 2988 Lom-TOGO
1, Avenue Georges Pompidou,
Immeuble Taba, Face Chambre De
Physical Address
Commerce Et Dindustrie Du Togo,
Lomé
Phone 228 22 23 05 00
Fax (228) 22 20 89 00
Email headoffice@flyasky.com
Website https://www.flyasky.com/tg/fr

Current Year Ranking 477

Previous Year Ranking 496
Diff 19
Company Unga Group
Sector Food & Drinks
Country Kenya
Turnover 2020 159.9
Net Profits 0.6
Turnover Change -0,09
CEO's Last Name Hutchinson
CEO's First Name Nicholas
Chief Operating and Financial Officer
Designation
& CEO interim
P.O. Box 30386 Commercial Street
Mailing Address
Nairobi, Kenya
Commercial Street, Industrial Area,
Physical Address
Ngano House
Phone +254 724 253 788
Pg. 817 Africa Business Directory - Ed. 2022

Fax -
Email ul@unga.com
Website https://unga-group.com/

Current Year Ranking 478

Previous Year Ranking 454
Diff -24
Company Mis National Steel
Sector Metals
Country Egypt
Turnover 2020 1577
Net Profits -0.1
Turnover Change -0,24
CEO's Last Name Baseer
CEO's First Name Ashraf Abdul Hamid Abdul
Designation Chairman
Mailing Address
Al Sherif Buildings No.8, Aswan Street,
Physical Address
Heliopolis, Cairo
Phone 20226365281
Fax 20226398920
Email info@misrns.com
Website www.misrns.com

Current Year Ranking 479

Previous Year Ranking 449
Diff -30
Company Zambia Sugar
Sector Agribusiness
Country Zambia
Pg. 818 Africa Business Directory - Ed. 2022

Turnover 2020 157.6

Net Profits -10.1
Turnover Change -0,26
CEO's Last Name Magwenzi
CEO's First Name Oswald
Designation General Manager
Mailing Address Box 670240 Mazabuka 10101
Physical Address Mazabuka, Southern Province
Phone +260 213 230 666
Fax +260 213 230 116
Email smunsam@illovo.o.za
Website www.illovo.co.za

Current Year Ranking 480

Previous Year Ranking -
Diff -
Company Bolloré Trans. & Log, Côte d'Ivoire
Sector Transport
Country Côte d'Ivoire
Turnover 2020 157.5
Net Profits 25.2
Turnover Change 0,04
CEO's Last Name Hounsinou
CEO's First Name Joel
Designation Sales Manager
Mailing Address Box 1727 Abidjan 01
Physical Address no.1, Avenue Christiani, Abidjan
Phone 00225 21 22 04 20
Fax
Email francois.egon@bollore.com
Pg. 819 Africa Business Directory - Ed. 2022

Website www.bollore.com

Current Year Ranking 481

Previous Year Ranking -
Diff -
Company Mutandis
Sector Financial services
Country Morocco
Turnover 2020 155.0
Net Profits 8.9
Turnover Change 0,03
CEO's Last Name Douiri
CEO's First Name Adil
Designation Chief Executive Officer
Mailing Address
22, Boulevard Abdelkrim Khattabi -
Physical Address
20100 Casablanca - Maroc
Phone +212 522 98 43 88
Fax
Email contact@mutandis.com
Website https://mutandis.com/

Current Year Ranking 482

Previous Year Ranking 211
Diff -271
Company Eterna Oil & Gas
Sector Chemicals
Country Nigeria
Turnover 2020 153,2
Net Profits 2.5
Pg. 820 Africa Business Directory - Ed. 2022

Turnover Change -0,76

CEO's Last Name Nwaezeigwe
CEO's First Name Benjamin
Acting Managing Director/Chief
Designation
Executive Officer
Mailing Address
5a Oba Adeyinka Oyekan Avenue
Physical Address (formerly Second Avenue), Ikoyi,
Lagos
Phone +234 1 460 5316
Fax
Email info@eternaplc.com
Website https://eternaplc.com/

Current Year Ranking 483

Previous Year Ranking 481
Diff -2
Company Arabian Cement Co.
Sector Construction
Country Egypt
Turnover 2020 152.9
Net Profits -7.4
Turnover Change -0,17
CEO's Last Name Alcantarilla
CEO's First Name Sergio
Designation Chief Executive Officer
Mailing Address
Gamal Abdel Naser square (Gharb
Arabella), Fifth Settlement Arabella
Physical Address
Plaza, Office Building (A), 5th floor
11835 New Cairo
Phone 16277
Pg. 821 Africa Business Directory - Ed. 2022

Fax 20225371182
Email
https://www.arabiancement.com/e
Website
n/

Current Year Ranking 484

Previous Year Ranking -
Diff -
Company Les Grands Travaux Routiers
Sector Construction
Country Morocco
Turnover 2020 152.3
Net Profits -2.6
Turnover Change 0,08
CEO's Last Name EL MOUHANDIZ
CEO's First Name El Habib
Designation General Manager
Mailing Address 20190 Casablanca
18, lotiss. la Colline II (Sidi Maarouf)/ 1,
Bd Alijtihad (C.Y.M.), Q.I.-Salé-
Physical Address
Zemmour-Zaër, 10130, Rabat 10130,
Maroc
Phone (0)522545974
Fax (0)522786480
gtr@gtr.co.ma/
Email
sec_siege@gtr.co.ma
Website

Current Year Ranking 485

Previous Year Ranking -
Diff -
Pg. 822 Africa Business Directory - Ed. 2022

Company Dangote Cement Ethiopia

Sector Construction
Country Ethiopia
Turnover 2020 151.6
Net Profits ND
Turnover Change 0,03
CEO's Last Name Trugillo
CEO's First Name Danilo
Designation Country Manager
Mailing Address
Bole Sub City, Kebele 03/05, House
Physical Address
No. 2014, Addis Ababa
Phone
Fax 234 1 463 0316/ 234 1 271 2231
Email communications@dangote.com
Website https://www.dangotecement.com/

Current Year Ranking 486

Previous Year Ranking -
Diff -
Company Port Autonome d'Abidjan
Sector Ports
Country Côte d'Ivoire
Turnover 2020 150.5
Net Profits 26.9
Turnover Change 0,02
CEO's Last Name SIE
CEO's First Name Hien Yacouba
Designation Chief Executive
Mailing Address BP V85 Abidjan, Côte d'Ivoire
Pg. 823 Africa Business Directory - Ed. 2022

A 22 RUE DES PIROGUIERS, BOULEVARD

Physical Address
DU PORT COTE D'IVOIRE
Phone +225 27 21 2 38000
Fax (225) 27 21 23 80 80
Email info@portabidjan.ci
Website https://portabidjan.ci/

Current Year Ranking 487

Previous Year Ranking -
Diff -
Company Airtel Gabon
Sector ICT
Country Gabon
Turnover 2020 150.4
Net Profits 19.3
Turnover Change 0,18
CEO's Last Name Okba
CEO's First Name Kamal
Designation Director General
Mailing Address Box 9259 Libreville
A cote de la Pharmacie Gabonaise,
Physical Address
Montagne Sainte, Libre-ville
Phone 00241 04 11 19 11
Fax 00241 04 11 19 12
Email nelly.obono@ga.airtel.com
Website www.airtel.com

Current Year Ranking 488

Previous Year Ranking -
Diff -
Company Attacq
Pg. 824 Africa Business Directory - Ed. 2022

Sector Financial services

Country South Africa
Turnover 2020 149.6
Net Profits -257.1
Turnover Change -0,08
CEO's Last Name van Niekerk
CEO's First Name Jackie
Designation Chief Executive Officer
Mailing Address Waterfall 2090
Att House, Second Floor, 37 Magwa
Physical Address Crescent, Maxwell Office Park,
Waterfall City
Phone 010 549 1050
Fax
Email
Website https://www.attacq.co.za/

Current Year Ranking 489

Previous Year Ranking -
Diff -
Company Dangote Cement Cameroon
Sector Construction
Country Cameroon
Turnover 2020 149.6
Net Profits ND
Turnover Change 0,19
CEO's Last Name Mbouck
CEO's First Name Bertrand
Designation Country Manager
Mailing Address
Pg. 825 Africa Business Directory - Ed. 2022

Physical Address PAD Douala, Cameroon

Phone 234-1-460-643
Fax 234 1 463 0316
Email emmanuel.ngando@dangote.com
https://www.dangotecement.com/c
Website
ameroon/

Current Year Ranking 490

Previous Year Ranking -
Diff -
Company Shanta Gold
Sector Mining
Country Tanzania
Turnover 2020 147.4
Net Profits 17.2
Turnover Change 0,31
CEO's Last Name Durrant
CEO's First Name Anthony
Designation NON-EXECUTIVE CHAIRMAN
P.O. Box 79408, Dar es Salaam,
Mailing Address
Tanzania
202, 2nd Floor, Renaissance Plaza,
Physical Address Plot No. 498, Haile Selassie Road,
Masaki
Phone 255 22 2925148 50
Fax +255 22 2925151
Email Info@shantagoldltd.com
Website https://shantagold.com/

Current Year Ranking 491

Previous Year Ranking -
Pg. 826 Africa Business Directory - Ed. 2022

Diff -
Company Compagnie Générale Immobitière*
Sector Construction
Country Moracco
Turnover 2020 147.0
Net Profits 3.4
Turnover Change 0,06
CEO's Last Name Chennouf
CEO's First Name Adil
Designation Chief Executive
Mailing Address BP 2177 10100, Rabat, Maroc
bd Mehdi Benbarka -ex Béni Znassen,
Physical Address
Espace Oudayas, hay Ryad,
Phone 05 37 23 94 94
Fax 05 37 56 32 25
Email contact@cgi.ma
Website https://www.cgi.ma/fr

Current Year Ranking 492

Previous Year Ranking 259
Diff -233
Company Airports Co. of South Africa
Sector Air transport
Country South Africa
Turnover 2020 146.8
Net Profits -174.7
Turnover Change -0,71
CEO's Last Name Mpofu
CEO's First Name Nompumelelo (Mpumi) Z.
Designation Chief Executive Officer
Pg. 827 Africa Business Directory - Ed. 2022

Mailing Address PO Box 75480 Gardenview, 2047

Jones Rd Aviation Park O.R Tambo
Physical Address International Airport, Kempton Park,
1632
Phone 27 (0)11 723 1400
Fax 27 (0)11 453 9353
Email customercare@airports.co.za
Website https://www.airports.co.za/

Current Year Ranking 493

Previous Year Ranking -
Diff -
Company Karma Gold Mine/ Endeavour Mining
Sector Mining
Country Burkina Faso
Turnover 2020 145.2
Net Profits ND
Turnover Change 0,31
CEO's Last Name DE MONTESSUS
CEO's First Name SÉBASTIEN
Designation Chief Executive
Mailing Address 01 BP 1324/ 08 BP 11197
Gounghin Petit Paris Ouagadougou/
Physical Address Rue 13.16 - Zone du Bois
Ouagadougou
Phone (226) 25 36 97 49
Fax (226) 25 36 97 48
Email info@endeavourmining.com
Website https://www.endeavourmining.com/

Current Year Ranking 494

Pg. 828 Africa Business Directory - Ed. 2022

Previous Year Ranking -

Diff -
Company Conduit Capital
Sector Financial services
Country South Africa
Turnover 2020 144.0
Net Profits -1.6
Turnover Change -0,01
CEO's Last Name Napier
CEO's First Name Ronald Stuart
Chairman of the Board of Directors
Designation
(Independent Non-Executive)
Mailing Address PO Box 97, Melrose Arch, 2076
Nicol Main Office Park, 2 Bruton Road,
Physical Address
Bryanston
Phone (011) 686 4200
Fax (011) 789 8828
Email info@conduitcapital.co.za
Website https://www.conduitcapital.co.za/

Current Year Ranking 495

Previous Year Ranking -
Diff -
Company Fonds d'Equipment Communal
Sector Financial services
Country Morocco
Turnover 2020 142.5
Net Profits 30.1
Turnover Change 0,18
CEO's Last Name Mezouaghi
CEO's First Name Mihoub
Pg. 829 Africa Business Directory - Ed. 2022

Designation Chief Executive

B.P. 2175 - Hay Ryad 10 100
Mailing Address
- Rabat – Maroc.
Espace Oudayas, angle avenue
Physical Address
Annakhil et avenue Ben Barka
Phone +212 5375-66093
Fax
Email
Website

Current Year Ranking 496

Previous Year Ranking -
Diff -
Company Norcros
Sector Construction
Country South Africa
Turnover 2020 141.2
Net Profits ND
Turnover Change -0,08
CEO's Last Name Swan
CEO's First Name Kevin
Designation Managing Director
Mailing Address
4 Porcelain Road, Clayville,
Physical Address
Olifantsfontein, 1666
Phone 112069700
Fax
Email info@norcrossa.com
Website https://www.norcros.co.za/

Current Year Ranking 497

Pg. 830 Africa Business Directory - Ed. 2022

Previous Year Ranking -

Diff -
Company Airtel Malawi
Sector ICT
Country Malawi
Turnover 2020 141,1
Net Profits 28.3
Turnover Change 0,13
CEO's Last Name Kamoto
CEO's First Name Charles
Designation Managing Director
Mailing Address P. O. Box 57, Lilongwe
Airtel Complex-City Centre, P O Box
Physical Address
57, Lilongwe, City Center
Phone 265121
Fax
Email customercare@mw.airtel.com
Website https://www.airtel.mw/

Current Year Ranking 498

Previous Year Ranking 448
Diff -50
Company Alliances Dev. Immobilier
Sector Construction
Country Morocco
Turnover 2020 141.0
Net Profits -44,1
Turnover Change 0,34
CEO's Last Name LAZRAQ
CEO's First Name Mohamed Alami NAFAKH
Pg. 831 Africa Business Directory - Ed. 2022

Designation Chairman
Mailing Address
Building 16, Ali Abdulrazak Street,
Physical Address
Casa- blanca 20000
Phone 00212 5 22 99 34 63
Fax
Email contact@alliances.co.ma
Website www.alliances.co.ma

Current Year Ranking 499

Previous Year Ranking 408
Diff -91
Company Beachcomber Resorts & Hotels
Sector Tourism
Country Mauritius
Turnover 2020 1390
Net Profits -16.9
Turnover Change 0,46
CEO's Last Name Espitalier-Noël
CEO's First Name Gilbert
Designation Chief Executive Officer
Mailing Address Edward Hart Street, Curepipe
Physical Address
Phone 2306013232
Fax 2306753240
Email beachcomber@bchot.com
Website www.beachcomberhotels.com

Current Year Ranking 500

Previous Year Ranking 491
Pg. 832 Africa Business Directory - Ed. 2022

Diff -9
Company Jet Contractors
Sector Construction
Country Morocco
Turnover 2020 137.9
Net Profits 3,4
Turnover Change -0,22
CEO's Last Name Rtabi
CEO's First Name Mohamed Adil
Designation Chairman of the Board of Directors
Mailing Address CP 12040 Skhirate - Maroc
Physical Address Quartier Industriel de Oued Ykkem -
Phone (212) 5 37 74 92 92
Fax (212) 5 37 74 92 30
Email contact@jet-contractors.com
Website https://www.jet-contractors.com/
Pg. 833 Africa Business Directory - Ed. 2022
Pg. 834 Africa Business Directory - Ed. 2022

CHAPTER 09: CONCLUDING REMARKS

The momentum of trade and investment in the African context has been at
the center of the primary focus of the Africa Business Directory, which has
centered on how to ensure that investors and partners are better informed
and equipped for their journey to Africa. Specifically, the focus has been on
how to make sure that investors are able to make informed decisions. By
making use of the content of this directory, which has been updated and
adapted specifically for investors' and business partners’ needs, they can now
fast-track their implementation agenda while drastically reducing
associated risks. With the Africa Business Directory, a detailed account of the
current state of the economies of African Union Member States is accurately
provided, drawing accurate data from well-known International
Organizations operating in Africa and elsewhere in the world; and it has also
set the path to elevate quality and better-informed investment beyond their
traditional gates. In a broader sense, the Africa Business Directory, by
providing this useful set of information, demonstrated its practicality and
comprehensiveness by encompassing numerous facts and keys analyses
which investors and partners often seek when in the process of establishing
a business in Africa.

The purpose of Chapter 1 was to provide a forum for the context against which
the creation of the Africa Business Directory took place. It highlights a variety
of phenomena, some of which are fundamentally specific to the African
context, while others are mainly related to the current state of trade and
investment environment around the globe.

In Chapter 2, we take a more instructional approach to introducing the African

Union. The chapter begins with a discussion of the establishment of this
structure, then moves on to the context that underpins this work, then
proceeds to an explanation of the entity's structuring, followed by an
explanation of the verification and compliance process, and finally concludes
with a discussion of the mandate that ETIM, the department responsible for
carrying out this activity, has been given.

In Chapter 3, we discuss the one-of-a-kind commercial and investment

opportunity that Africa presents. The economy of Africa is briefly introduced,
followed by a discussion of the immense potential offered by the continent's
natural resources, followed by a discussion of the enormous potential offered
by African consumers, followed by a presentation on the ease with which
Pg. 835 Africa Business Directory - Ed. 2022

businesses can operate in Africa, and finally by a discussion of the continued

growth of Foreign Direct Investment over the past several years.

Chapter 04 aims to provide a forum for the discussion of significant African

industries, including agribusiness, automotive, aviation, finance, media,
infrastructure, education, utilities, health, internet, metals, real estate, and
telecommunications. This article discusses the significance of investments in
each of these sectors, as well as the major nations that currently dominate
the industry, along with a general overview of the sectors themselves.

In Chapter 05, the most important section of this publication, a

comprehensive evaluation of the trade and investment indicators in each of
the 55 African Union member states is presented. In this chapter, a brief
overview of the countries is presented; this is followed by a summary of the
prevalent economy; the components of GDP are broken down and presented
graphically; trade and import-export statistics are also presented
graphically, and the chapter concludes by discussing the implications of
these findings. Finally, we provide investors and partners with useful contact
information, with a focus on Investment Promotion Agencies and Business
Associations. These contacts are listed at the conclusion of the article.

In Chapter 6, we examine the most important partnerships currently in place

between Africa and the rest of the world. These include ties to the Arab world,
China, Europe, India, Japan, South America, South Korea, Turkey, and the
United States.

Chapter 7 profiles the most successful African businessmen and provides a

ranking of the continent's billionaires (in US Dollars). This chapter provides a
summary of their wealth growth and preferred industries.

The core of this document is Chapter 08, which contains a comprehensive

and detailed listing of the Top 500 Businesses in Africa. From financial data to
contact information and CEO information, every effort is made to provide the
most accurate picture possible of the current state of these African economic
powerhouses.
Pg. 836 Africa Business Directory - Ed. 2022
Pg. 837 Africa Business Directory - Ed. 2022

REFERENCES
[1] Nationmaster "Geography Stats"
https://www.nationmaster.com/country-info (accessed June 17, 2022).

[2] Nationmaster "Natural resources: Countries Compared"

https://www.nationmaster.com/country-info/stats/Geography/Natural-
resources (accessed June 17, 2022).

[3] Global business knowledge "Country Rank"

https://globaledge.msu.edu/countries/ (accessed June 17, 2022).

[4] The Global economy "Investment as percent of GDP by country"

https://www.theglobaleconomy.com/rankings/investment_percent_of_gd
p/ (accessed June 17, 2022).

[5] world Population Review "Human Development Reports"

https://worldpopulationreview.com/countries/countries-by-national-debt
(accessed June 17, 2022).

[6] Worldbank "Trade Statistics"

https://wits.worldbank.org/CountryProfile/en (accessed June 17, 2022).

[7] The Africa Report "The Africa Report’s exclusive ranking: Top 500
Companies" https://www.theafricareport.com/192840/the-africa-reports-
exclusive-ranking-top-500-companies/ (accessed June 17, 2022).
Pg. 838 Africa Business Directory - Ed. 2022