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Zambia— ZM

Company data in Zambia, by industry

Browse Zambia company directories across 56 industries — 237,004 businesses in the InfobelPRO database, registry-sourced from official Zambia business registry and enriched with firmographics, location, financials and group structure.

237,004
Registered companies
ZESCO LIMITED
Largest company
Non-specialised wholesale trade
Largest sector

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Rankings

Largest companies in Zambia

By revenue, one row per corporate group — reported (actual) revenue, updated September 2026.

#Company (group)IndustryHQRevenue (USD)
1ZESCO LIMITEDElectric power generation, transmission and distributionLusaka$1.1B
2MOPANI COPPER MINES PLCMining of other non-ferrous metal oresKitwe$565M
3AECI MINING$425M
4KONKOLA COPPER MINES PLCMining of other non-ferrous metal oresChingola$405M
5AIRTEL NETWORKS ZAMBIA PLCWired telecommunications activitiesLusaka$389M
6ZAMBIA SUGAR PLCManufacture of sugarMazabuka$383M
7ZAMBEEF PRODUCTS PLCManufacture of prepared feeds for farm animalsLusaka$377M
8Zambia National Commercial BankSecurity and commodity contracts brokerageLusaka$278M
9BANK OF ZAMBIAOther monetary intermediationLusaka$264M
10MAAMBA ENERGY LIMITEDMining of hard coalMaamba$241M
11ZAMBIAN BREWERIES PLCManufacture of soft drinks; production of mineral waters and other bottled watersLusaka$220M
12ZAMBIA NATIONAL COMMERCIAL BANK PLCOther monetary intermediationLusaka$215M
13METAL FABRICATORS OF ZAMBIA PLCWholesale of metals and metal oresLusaka$147M
14STANBIC BANK ZAMBIA LIMITEDOther monetary intermediationLusaka$137M
15KLAPTON REINSURANCE PLCLife insuranceLusaka$134M

Top 15 of 25 · CHILANGA CEMENT PLC, TRADE KINGS LIMITED, ITSALAT UNIVERSAL ZAMBIA LIMITED, ZCCM INVESTMENTS HOLDINGS PLC, ABSA BANK ZAMBIA PLC, ICE MAX ENTERPRISE LIMITED, FINSBURY INVESTMENTS LIMITED, ZAMBIA AIRPORTS CORPORATION LIMITED, RELIANT MINING AND CONSTRUCTION LIMITED, VARUN BEVERAGES ( ZAMBIA ) LIMITED follow. Methodology →

ZESCO LIMITED leads by reported revenue at $1.1B, the largest of 25 ranked corporate groups.

Coverage

Companies by industry

The B2B industries we cover, ranked by number of companies.

Retail companies
52,188
Distribution & wholesale
33,923
Agriculture & agribusiness
17,787
Construction companies
17,742
Manufacturing companies
10,127

+ 51 more industries below ↓

  • Retail companies52,188
  • Distribution & wholesale33,923
  • Agriculture & agribusiness17,787
  • Construction companies17,742
  • Manufacturing companies10,127
  • Trucking & freight7,297
  • Automotive companies5,888
  • Banks3,954
  • Mining companies3,953
  • Healthcare providers3,473
  • Food & beverage3,292
  • Logistics companies3,205
  • Real estate companies2,981
  • Consulting companies2,505
  • Entertainment companies2,157
  • Software companies2,124
  • Media & production1,711
  • Hotels1,704
  • Energy companies1,515
  • Security companies1,452
  • Recycling & waste1,449
  • Telecom companies1,269
  • Travel agencies1,264
  • Real estate agents1,207
  • Cleaning & facility services1,003
  • Electricity & power952
  • Car dealers910
  • Textile & apparel897
  • Advertising & marketing agencies811
  • Architecture & engineering firms791
  • Investment & asset mgmt699
  • Steel & metals698
  • Printing companies666
  • Accounting & tax533
  • Courier & express373
  • Insurance companies371
  • Publishing354
  • Lawyers342
  • Chemical companies329
  • Furniture companies274
  • Recruitment & staffing264
  • Airlines & aviation212
  • Electronics companies192
  • E-commerce179
  • Breweries133
  • Oil & gas118
  • Debt collection agencies96
  • Pharmaceutical companies84
  • Biotech companies80
  • Shipping companies49
  • Packaging companies24
  • Railway companies24
  • Electric motor manufacturers23
  • Medical device companies11
  • Lighting companies9
  • Shipbuilders3

Retail companies is the most populated sector we cover, with 52,188 companies — 22% of Zambia's 237,004 registered.

Distribution

Company size & revenue

By number of employees

1–4
123,894
5–9
19,919
10–19
53,819
20–49
24,391
50–99
5,447
100–199
2,861
200–499
268
500–999
79
1000+
81

6,245 companies have no disclosed headcount (excluded).

The largest size bands are 1–4 (54%) and 10–19 (23%) among companies with disclosed headcount.

By revenue (local currency)

1–100K
1
100K-499K
1,278
500K-999K
2,678
1M-4.99M
62,699
5M-9.99M
40,423
10M-49.99M
69,771
50M-99.99M
40,804
100M-499.99M
11,926
500M-999.99M
100
1B+
47

7,277 companies have no disclosed revenue (excluded from the chart).

The most common disclosed-revenue band is 10M-49.99M, covering 30% of companies with reported revenue.

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237,004 companies with firmographics, financials and corporate group structure — filtered by industry, size, region and revenue.

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Group linkage

Corporate structure in Zambia

How much of the market is part of a corporate group vs independent.

1%

Part of a corporate group

100%

Independent

1% of companies belong to a corporate group; the remaining 100% operate independently.

Corporate groups

Largest corporate groups in Zambia

Zambian-headquartered groups ranked by total group entities worldwide — a measure of corporate reach.

#GroupGroup entities (worldwide)
1Astro Holdings Limited5
2ZCCM INVESTMENTS HOLDINGS PLC4
3UNIVERSITY OF ZAMBIA4
4ZAMBEEF PRODUCTS PLC3
5TRADE KINGS LIMITED3
6INDUSTRIAL CARTONS OF ZAMBIA LIMITED3
7CHAMBISHI COPPER SMELTER LIMITED2
8FINSBURY INVESTMENTS LIMITED2
9KOBOLD METALS ZAMBIA LIMITED2
10FIRST QUANTUM MINERAL LIMITED2

Group entities = total members of the corporate family worldwide, for groups whose ultimate parent is in Zambia.

Astro Holdings Limited is the largest corporate group headquartered in Zambia, with 5 entities worldwide.

Foreign ownership

Foreign-owned vs domestic

Among Zambia's larger companies, the share ultimately controlled from abroad — and the leading countries of ownership.

68%

Foreign-owned

32%

Zambian-owned

Leading countries of ownership

England
23.6%
South Africa
10.9%
India
9.1%
China
7.3%
Canada
7.3%

Shares calculated on the largest companies by revenue with ownership data available, not an absolute national figure.

England is the leading country of foreign ownership, at 23.6%.

FAQ

Zambia company data — frequently asked questions

There are 237,004 registered companies in Zambia across all sectors, from sole traders to large enterprises.
By reported revenue, ZESCO LIMITED is the largest company in Zambia, followed by MOPANI COPPER MINES PLC and AECI MINING.
Non-specialised wholesale trade, Retail trade not in stores, stalls or markets, Other retail sale in non-specialised stores have the most registered companies.
You can request a free sample or access the full Zambia database, filtered by industry, size, region and revenue, via InfobelPRO.
Sourced from the Infobel DaaS database. The largest-companies ranking is consolidated at corporate-group level (one row per group) and shows reported (actual) revenue in USD; modeled figures are excluded. Distributions cover all registered companies. Industry directories use a NACE-based B2B taxonomy. Last updated September 2026.

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