Lowest-debt companies in Africa, 2026
2 of 821 African stocks meet this list’s data requirements. Safaricom Plc has the lowest debt-to-equity ratio, 0.54×.
- Prices at 23 Oct 2026 close
- FY2026
- Reviewed financials only
Limited coverage: fewer than five companies currently meet this list's data requirements.
| # | Company | Market | Price (USD) | Debt / equity | Equity (USD) | 1-year change | Market cap (USD) |
|---|---|---|---|---|---|---|---|
| 1 |  | Kenya · NSE | — | 0.54× | — | +16.6% | — |
| 2 |  | Kenya · NSE | — | 1.05× | — | +23.7% | — |
- Safaricom PlcSCOM
SCOM · USD —
0.54×Debt / equityKenya · NSE
- Equity (USD)
- —
- 1-year change
- +16.6%
- Market cap (USD)
- —
- East African Breweries LtdEABL
EABL · USD —
1.05×Debt / equityKenya · NSE
- Equity (USD)
- —
- 1-year change
- +23.7%
- Market cap (USD)
- —
How this list works
Debt to equity for the latest reviewed financial year. Negative equity ratios, banks and insurers are excluded; see their separate rankings. Ranked from lowest to highest by debt / equity, with market cap breaking ties. The universe is ordinary shares and REITs only, with fresh, dated closes under the screener's trading-day freshness rules. Annual statements must pass the screener’s review and comparability checks; financial years can differ between companies. Sources: stored exchange closing prices, issuer annual reports and reviewed dividend announcements, using the same valuation data as company pages and the screener. Not investment advice.