Method­ol­ogy

The Africa Report - - BUSINESS TOP 500 COMPANIES -

This year, 584 com­pa­nies re­sponded to our ques­tion­naire. Af­ter cross-checks and ver­i­fi­ca­tion, we es­tab­lished a rank­ing of Africa’s top 1,681 com­pa­nies, which in­cludes re­ponses from pre­vi­ous years. The top-rank­ing 500 are pub­lished. We ap­ply the same rules to all our data: 1) All fi­nan­cial data must have a clearly de­fined source, gen­er­ally com­mu­ni­cated to us by the com­pa­nies them­selves, and must re­fer to the year 2015 (in some cases 2015/2016); 2) If pre­sented in the lo­cal cur­rency we con­vert the data into US dol­lar amounts ac­cord­ing to the rate on 31 De­cem­ber 2015; 3) We in­clude all com­pa­nies that fall un­der le­gal ju­ris­dic­tion of at least one of the 54 coun­tries in Africa, which is why a hold­ing com­pany and a sub­sidiary can both fea­ture in the list; and 4) Where we can­not ob­tain up-to-date fig­ures, we use those of the pre­vi­ous year (marked with an as­ter­isk and italics). Af­ter two years of si­lence, a com­pany is struck off the rank­ings.

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