LIST OF TOP 10 COMPANIES IN KENYA IN TERMS OF REVENUE

1. Safaricom

Leading the way is telecommunications giant Safaricom, with a staggering revenue of $2.43 billion. The company, which is known for its popular mobile money transfer service M-Pesa, has a strong presence throughout the country and continues to dominate the market.

2. Equity Bank

Equity Bank, a leading financial institution in East Africa, comes in second with a revenue of $1.25 billion. The bank has a network of over 400 branches in Kenya, Tanzania, South Sudan, and Uganda, and offers a range of banking and financial services to both individuals and businesses.

3. KCB Group

KCB, another major player in the Kenyan banking sector, comes in third with a revenue of $1.21 billion. The bank has a strong presence in the country, with over 200 branches and a network of ATMs nationwide. It also has a presence in several other countries in the region, including Tanzania, Uganda, Rwanda, and South Sudan.

4. East African Breweries Limited

East African Breweries Limited (EABL), a leading brewery and distillery in the region, takes the fourth spot with a revenue of $791 million. The company, which is known for its popular brands such as Tusker and Senator, has a strong presence in the Kenyan market and exports its products to several countries in the region.

5. Cooperative Bank

The Cooperative Bank of Kenya rounds out the top five with a revenue of $625 million. The bank, which is owned by over eight million co-operative members, offers a range of banking and financial services to individuals and businesses in the country.

6. NCBA

NCBA, a leading commercial bank in Kenya, comes in at number six with a revenue of $610 million. The bank, which is a subsidiary of the NCBA Group, has a strong presence in the country and offers a range of banking and financial services to individuals and businesses.

7. Absa Bank

Absa Bank, a subsidiary of South Africa’s Absa Group, is seventh on the list with a revenue of $402 million. The bank, which was formerly known as Barclays Bank, has a strong presence in the Kenyan market and offers a range of banking and financial services to individuals and businesses.

8. I & M Bank

I & M Bank, a leading commercial bank in Kenya, takes the eighth spot with a revenue of $342 million. The bank, which is a subsidiary of I&M Holdings, has a network of branches and ATMs throughout the country and offers a range of banking and financial services to individuals and businesses.

9. Standard Chartered

Standard Chartered, a leading international bank with a strong presence in Kenya, comes in ninth with a revenue of $298 million. The bank, which has a network of branches and ATMs throughout the country, offers a range of banking and financial services to individuals and businesses.

10. British American Tobacco

British American Tobacco (BAT), a leading tobacco company with a strong presence in Kenya, rounds out the top ten with a revenue of $238 million. The company, which is known for its popular brands such as Dunhill and Lucky Strike, has a significant market share in the country.

Overall, these top ten companies have demonstrated their strength and resilience in a challenging economic environment, and their continued success will be crucial for the growth and development of Kenya’s economy.