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Top 5 best African companies to work for in 2023

To compile its seventh annual list of the World's Best Employers, Forbes teamed up with the market research firm Statista.
Standard Bank
Standard Bank

Companies are continuously looking for techniques to acquire a competitive advantage in today's business landscape.

While strategic planning, creative goods, and efficient processes are unquestionably important, one component that is sometimes overlooked is the importance of a pleasant working environment. 

A workplace that encourages well-being and cooperation has a significant influence on employee happiness, productivity, and, ultimately, the company's success.

Companies across the globe have been striving to create said conducive work environment and each region and company have done this to varying degrees. 

Forbes the global media company which focuses on business recently listed the companies that fit the bill. The list tagged the World's Best Employers ranked companies all over the world that provide the best working environment for their employees. 

To compile its seventh annual list of the World's Best Employers, Forbes teamed up with the market research firm Statista to determine which companies create a stimulating and ideal atmosphere. Forbes polled over 170,000 employees from over 50 countries to calculate the ranking.

Forbes identified 700 companies seven of which were African. With that said, below are is 5 of Africa's best employers. The 6th and 7th companies in the Forbes list not listed below are South Africa's Mediclinic International and Sasol.

5 best African companies to work for in 2023

RankCompanyCountryIndustryNumber of employeesGlobal rank
1.Absa GroupSouth AfricaBanking and Financial Services35,451103rd
2.Standard Bank GroupSouth AfricaBanking and Financial Services49,325128th
3.SafricomKenyaUtilities5,500164th
4.MTN GroupSouth AfricaTelecommunications19,295395th
5.NedbankSouth AfricaBusiness Services and Supplies25,924405th
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