Chairperson: Issad Rebrab
Cevital, one of Algeria’s first and biggest privately-held companies, was founded by billionaire Issad Rebrab in 1971. Today the group’s activities span different sectors from food-processing and mass distribution to electronics and domestic appliances, iron and steel, automobile, and media. It has 26 subsidiaries on three continents with $4 billion in generated revenues and more than 18,000 employees. Cevital has the largest sugar refinery globally, with an annual production capacity of two million tons and the biggest oil refinery in Africa, which produces 570,000 tons per year. Issad Rebrab is worth $4.8 billion according to Forbes.