As the global economy keeps growing, so are companies around the world; East African companies included. In the recent past we have witnessed East African companies rising to the occasion in competing with their counterparts from advanced economies. Some companies have seen their value grow steadily, thereby ranking as the most valued in East Africa. Market capitalization is the market value of a publicly traded company’s outstanding shares, which is equal to the share price multiplied by the number of shares outstanding.
Here are the top 20 most valuable companies in East Africa.
| Rank | Company | Market cap |
| 1. | Safaricom | $9.97 billion |
| 2. | Tanzania Breweries | $1.40 billion |
| 3. | Equity Group Holdings | $1.17 billion |
| 4. | East African Breweries | $1.08 billion |
| 5. | KCB Group | $999 million |
| 6. | Vodacom Tanzania | $827 million |
| 7. | Tanzania Cigarette Co. | $738 million |
| 8. | Co-operative Bank Of Kenya | $690 million |
| 9. | Standard Chartered Kenya | $592 million |
| 10. | NMB Bank | $508 million |
| 11. | I&M Holdings | $412 million |
| 12. | British American Tobacco – UG | $387 million |
| 13. | British American Tobacco – KE | $340 million |
| 14. | Stanbic Bank Uganda | $323 million |
| 15. | Kenya Electricity Generating | $305 million |
| 16. | Diamond Trust Bank | $226 million |
| 17. | NCBA (Formerly NIC Group) | $220 million |
| 18. | Jubilee Holdings | $188 million |
| 19. | Tanzania Portland Cement | $170 million |
| 20. | Britam Holdings | $167 million |
