Ranked: Africa’s top 20 agribusiness companies

The Mo Ibrahim Foundation, in a recent report titled African Agriculture: From Meeting Needs To Creating Wealth, published a list of Africa’s top 20 agribusiness and food companies.

The list is dominated by South African firms (10), followed by companies from Morocco (3), Nigeria (3), Côte d’Ivoire (2), Algeria (1) and Egypt (1). Companies are ranked according to turnover.

Africa's top 20 agribusiness companies
RankNameCountryTurnover (US$bn)ActivitiesEmployees
1.Tiger BrandsSouth Africa2.8Manufactures, processes and distributes food products, which include milling and baking, confectioneries, general foods, edible oils and derivatives.14,000+
2.Pioneer Foods GroupSouth Africa2.2Manufactures a wide range of cereals and juice products.11,000+
3.CévitalAlgeria1.8Manufactures sugar, margarine and vegetable oil; and manages supermarkets and franchises.12,500
4.Tongaat-HulettSouth Africa1.5Produces food products from sugar cane, raw sugar milling and refining, and specialty starches and sweeteners; bio-fuel production and electricity co-generation.42,000
5.Astral FoodsSouth Africa1.2Produces animal feeds, animal feed pre-mixes, broiler chick genetic breeding, and broiler chick operations.7,700+
6.AFGRISouth Africa1.2Handles, stores and markets grain and livestock; finances grain for a diverse customer base; processes agricultural products into animal feed and other end products.4,000+
7.Flour Mills NigeriaNigeria1.2Produces a range of flours used in manufacture of cakes, biscuits, pasta and bread; produces fertiliser, and sells bagged cement through wholly-owned subsidiaries.5,000+
8. Illovo SugarSouth Africa1.1Operates in all areas of sugar production, from growing sugar cane to milling, refining and packaging sugar; manufactures downstream by-products.5,500+
9.Anglovaal IndustriesSouth Africa1.0Manufactures, processes, markets and distributes branded consumer products in the food, beverage and fashion categories.7,900+
10.Rainbow ChickenSouth Africa0.9Operates integrated farming facilities that produce, process and market broiler chickens under the "Rainbow," "Farmer Brown" and "Bonny Bird" labels; produces animal feed through Epol (Pty) Limited.
11.Clover HoldingsSouth Africa0.8Dairy product processing, manufacturing and marketing.6,500+
12.Egyptian Sugar and Integrated IndustriesEgypt0.8Produces and manufactures sugar and sweeteners.
13.Centrale LaitièreMorocco0.7Produces dairy products, in particular pasteurised and sterilised milk, yoghurts and butter.
14.Compagnie Sucrière Marocaine de RaffinageMorocco0.7Produces, packages, and markets sugar.
15.Cargill Côte d'IvoireCôte d'Ivoire0.7Produces cocoa products including cocoa liquor, butter, cake and powder.
16.SIFCA (Groupe)Côte d'Ivoire0.6Cultivates, processes and markets vegetable oil, natural rubber and cane sugar.25,000+
17.Dangote Sugar RefineryNigeria0.5Produces, refines, packages, and sells granulated raw white sugar domestically and regionally in Africa.
18.Lesieur CristalMorocco0.5Produces vegetable oils, soap products and livestock feed.
19.Nestle NigeriaNigeria0.5Manufactures, markets and distributes food products.
20.Oceana GroupSouth Africa0.5Interests in fishing, cold storage and shipping.2,000+

Source: The Africa Report 2011; Bloomberg. Financial data refers to 2009 or 2009/10.