20 largest listed agribusiness firms in Africa

Agriculture remains the backbone of Africa’s economy, employing more than half of the continent’s workforce and contributing significantly to national GDPs across multiple countries. 

But beyond smallholder farming and traditional agriculture, a growing number of publicly listed agribusiness companies are reshaping the sector through industrial-scale operations, modern processing facilities, and vertically integrated supply chains.

From fertilizer giants boosting soil productivity to plantation operators producing palm oil, sugar, and rubber, and food processors transforming raw commodities into consumer products, Africa’s largest listed agribusiness firms are playing a critical role in strengthening food security, export earnings, and rural economic development.

Across exchanges in Egypt, South Africa, Nigeria, Morocco, Côte d’Ivoire, and Malawi, these companies represent billions of dollars in market value and span sectors including fertilizers, poultry, seafood, irrigation technology, edible oils, and plantation crops. 

Their activities extend beyond farming to include logistics, refining, retail distribution, and international exports.

The 20 largest listed agribusiness companies in Africa collectively represent a diverse ecosystem that connects farms to global markets. 

They supply fertilizers that improve crop yields, manage vast plantations, process food products for millions of consumers, and support thousands of smallholder farmers across the continent.

Below, Shore Africa profiles the 20 largest listed agribusiness companies in Africa by market valuation, highlighting their operations, strategic role in food systems, and influence within regional agricultural economies.

1.  Abu Qir Fertilizers
Listed on: Egyptian Exchange
Valuation: EGP106.12 billion ($2.01 billion)
Listed on the Egyptian Exchange, Abu Qir Fertilizers is Africa’s most valuable listed agribusiness company with a valuation of about $2.01 billion. The Egyptian producer specializes in nitrogen fertilizers essential for improving agricultural productivity across Egypt and export markets. Its ammonia and urea products supply farmers domestically while supporting agricultural exports, positioning the company as a key pillar of Egypt’s food security and fertilizer supply chain.

2. Presco Plc
Listed on: Nigerian Exchange
Valuation: N2.7 trillion ($1.93 billion)
Listed on the Nigerian Exchange, Presco Plc is one of Nigeria’s leading integrated palm oil producers with a market value of about $1.93 billion. The company operates large plantations, palm oil mills, and refining facilities that produce crude palm oil, palm kernel oil, and related products. Presco’s vertically integrated operations make it a major supplier to Nigeria’s food manufacturing industry.

3. Cosumar
Listed on: Casablanca Stock Exchange
Valuation: MAD17.18 billion ($1.83 billion)
Morocco’s largest sugar producer, Cosumar trades on the Casablanca Stock Exchange with a valuation of about $1.83 billion. The company sources sugar beet and sugarcane from thousands of domestic farmers before processing them into refined sugar for local consumption and exports. Cosumar plays a central role in Morocco’s agricultural ecosystem and works closely with farming cooperatives.

4. Illovo Sugar (Malawi) Plc
Listed on: Malawi Stock Exchange
Valuation: MWK2.1 trillion ($1.21 billion)
Listed on the Malawi Stock Exchange, Illovo Sugar Malawi is the country’s largest sugar producer with a market value of about $1.21 billion. Operating major estates at Nchalo and Dwangwa, the company produces sugar for regional markets while supporting thousands of smallholder farmers and providing employment to large rural communities.

5. Okomu Oil Palm Company Plc
Listed on: Nigerian Exchange
Valuation: N1.68 trillion ($1.2 billion)
Okomu Oil Palm Company, listed on the Nigerian Exchange, is valued at roughly $1.2 billion. The company operates large palm oil and rubber plantations in Edo State, Nigeria, along with modern milling facilities. Its operations contribute to Nigeria’s push for greater domestic production of edible oils and plantation crops.

6. Lesieur Cristal
Listed on: Casablanca Stock Exchange
Valuation: MAD9.12 billion ($971.12 million)
Moroccan agro-processing company Lesieur Cristal trades on the Casablanca Stock Exchange with a valuation of $971 million. The company processes oilseeds into edible oils and food products sold under well-known brands across Morocco. Its operations connect local oilseed production with consumer markets through refining, packaging, and distribution.

7. Astral Foods
Listed on: Johannesburg Stock Exchange
Valuation: R11.4 billion ($689.31 million)
Listed on the Johannesburg Stock Exchange, Astral Foods is one of Africa’s largest poultry producers, valued at about $689 million. The company operates a fully integrated poultry supply chain, including feed mills, broiler farms, hatcheries, and processing plants. Its brands supply supermarkets and foodservice outlets across Southern Africa.

8. CMGP Group
Listed on: Casablanca Stock Exchange
Valuation: MAD6 billion ($639.1 million)
Morocco’s CMGP Group, listed on the Casablanca Stock Exchange, is valued at roughly $639 million. The company specializes in irrigation technology, fertilizers, and agricultural infrastructure solutions that support modern farming. Its products help farmers improve crop yields while expanding irrigation coverage in water-scarce regions.

9. Press Corporation Plc
Listed on: Malawi Stock Exchange
Valuation: MWk941 billion ($542.18 million)
Press Corporation Plc trades on the Malawi Stock Exchange with a valuation of about $542 million. The diversified investment company has significant interests in agribusiness through subsidiaries engaged in farming, food production, and agro-processing activities that contribute to Malawi’s agricultural economy.

10. RCL Foods
Listed on: Johannesburg Stock Exchange
Valuation: R8.16 billion ($493.35 million)
South Africa’s RCL Foods, listed on the Johannesburg Stock Exchange, has a market value of about $493 million. The company operates across poultry farming, animal feed production, sugar milling, and packaged foods, supplying consumers and retailers across Southern Africa.

11. Juhayna Food Industries
Listed on: Egyptian Exchange
Valuation: EGP24.79 billion ($469.55 million)
Listed on the Egyptian Exchange, Juhayna Food Industries is valued at about $469 million. The Egyptian group operates extensive dairy supply chains, sourcing milk from farms and processing it into yogurt, juices, and dairy products distributed nationwide.

12. Oceana Group
Listed on: Johannesburg Stock Exchange
Valuation: R7.2 billion ($435.34 million)
Oceana Group, listed on the Johannesburg Stock Exchange, is valued at roughly $435 million. The company is one of Africa’s largest seafood producers, operating fishing fleets and processing facilities that supply fish products to domestic and international markets.

13. SAPH Côte d’Ivoire
Listed on: Zimbabwe Stock Exchange
Valuation: XOF211 billion ($374.18 million)
SAPH is one of Côte d’Ivoire’s leading natural rubber producers with plantations and processing facilities that serve global tire and manufacturing industries. The company’s rubber production supports export earnings and rural employment across agricultural regions.

14. SOGB Côte d’Ivoire
Listed on: Zimbabwe Stock Exchange
Valuation: XOF189 billion ($335.19 million)
SOGB manages extensive rubber plantations in Côte d’Ivoire, producing natural rubber used in global manufacturing industries. The company’s operations contribute to the country’s position as one of the world’s leading rubber exporters.

15. National Investment Trust Limited
Listed on: Malawi Stock Exchange
Valuation: MWK531 billion ($306.01 million)
Listed on the Malawi Stock Exchange, National Investment Trust Limited has a valuation of about $306 million. The firm provides investors with exposure to agriculture through its holdings in agribusiness and agro-processing companies across Malawi’s economy.

16. Cairo Poultry Company
Listed on: Egyptian Exchange
Valuation: EGP15.19 billion ($287.73 million)
Cairo Poultry Company trades on the Egyptian Exchange with a valuation of about $287 million. The company runs one of Egypt’s largest integrated poultry businesses, covering breeding, feed production, broiler farming, and poultry processing.

17. Palm Côte d’Ivoire (PALC)
Listed on: BRVM Stock Exchange
Valuation: XOF 144 billion ($255.31 million)
Listed on the BRVM, PALC operates palm oil plantations and processing plants producing crude palm oil and edible oils. Its operations support both domestic food industries and regional exports.

18. Mutandis
Listed on: Casablanca Stock Exchange
Valuation: MAD2.22 billion ($236.33 million)
Mutandis, listed on the Casablanca Stock Exchange, produces sardines, fruit juices, and other consumer food products sourced from agricultural and marine supply chains. The Moroccan group plays a key role in value-added food processing.

19. Sea Harvest Group
Listed on: Johannesburg Stock Exchange
Valuation: R3.32 billion ($200.72 million)
Sea Harvest Group, listed on the Johannesburg Stock Exchange, is valued at roughly $200 million. The company operates fishing fleets and aquaculture farms supplying seafood products across Southern Africa and international markets.

20. Kaap Agri
Listed on: Johannesburg Stock Exchange
Valuation: R3.3 billion ($199.5 million)
Kaap Agri, also listed on the Johannesburg Stock Exchange, provides agricultural inputs, grain services, and fuel distribution to farmers. Its network of retail outlets supports agricultural productivity and rural supply chains across South Africa.