As of March 2023, Safaricom had by far the highest value of market capitalization in Kenya. The telecommunications company registered a market cap of approximately 5.4 billion U.S. dollars. Second in the ranking was Equity Group Holdings, which had a market capitalization value of 1.2 billion U.S. dollars, followed by East African Breweries, with around one billion U.S. dollars. Equity Group Holdings owns the second largest commercial bank in Kenya.
Leading companies in Kenya in 2023, by market capitalization
(in million U.S. dollars)
The source adds the following information: "Data relates to listed companies only. Listed companies with less than 50% of their revenues in Africa and companies that are not listed or dual-listed on an African exchange were excluded".
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African Business. (September 22, 2023). Leading companies in Kenya in 2023, by market capitalization (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/
African Business. "Leading companies in Kenya in 2023, by market capitalization (in million U.S. dollars)." Chart. September 22, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/
African Business. (2023). Leading companies in Kenya in 2023, by market capitalization (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/
African Business. "Leading Companies in Kenya in 2023, by Market Capitalization (in Million U.S. Dollars)." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/
African Business, Leading companies in Kenya in 2023, by market capitalization (in million U.S. dollars) Statista, https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/ (last visited December 22, 2024)
Leading companies in Kenya in 2023, by market capitalization (in million U.S. dollars) [Graph], African Business, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/1266127/leading-companies-in-kenya-by-market-capitalization/
