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Africa: 10 labels Africans mainly prefer

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The monthly magazine, African Business Review published the top 10 African labels the most appreciated on the continent: bank, finance, telecoms, energy, trade; there are so many business sectors. The selected companies operate in various business sectors.

Without indicating either the operating mode or the criteria of the ranking, seven are South African and three come from Nigeria

1-MTN. Created in 1994, the South African telecommunications group, MTN contributed to the mobile communication use for payments, business and health. Today, available in 22 African countries, MTN is also established in Afghanistan, Cyprus, Syria, Iran and Yemen. The company counts today 25.424 employees and connects more than 203,8 million people.

2-ABSA. Available in South Africa, Ghana, Mauritius, Tanzania, Uganda, Zambia, Botswana, Kenya, Seychelles or Mozambique, ABSA means Amalgamated Banks of South Africa. The South African ABSA Group Ltd was renamed Barclays Africa Group since its link with the British bank, Barclays. But the ABSA label was maintained, in particular for ABSA Bank. It is more available on the continent thanks to this partnership.

3-Nigerian National Petroleum Corporation (NNPC). This Nigerian national oil company is the most important oil and gas company of the sub-Saharan Africa. The Nigerian federal government regulates and participates in the national petroleum industry through the NNPC.

4-Eskom. Created in 1923, this electricity public company in South Africa is the biggest electricity producer of Africa. It generates 95 % of energy used in South Africa and represents 45 % of the African stock. The company also markets electricity in the SADC region (the Southern African Development Community).

5-Shoprite. It is a company specialized in the retail sales and the fast food. Also belonging to South Africa, it runs more than 1.200 counters and 270 franchises in 16 countries through Africa and Indian Ocean islands.

6-Dangote. Working in the industry of cement, sugar, flour, salt, pastas, drinks and real estate, Dangote is the biggest industrial conglomerate in West Africa and one of the most important of the continent. With 26.000 employees to it credit through Africa, the company generated income for more than $3 billion in 2013. Dangote carries its name from the Nigerian, Aliko Dangote, the richest man of Africa.

7-Woolworths. It is one of the biggest retail chains stores in Africa. It is based on the Marks and Spencer model in the United Kingdom having its head office in South Africa.

8-Globacom. Well known under the GLO label, since September 2014, it stands as the 2nd operator in mobile telephony of Nigeria after MTN. The operator is Globacom having its head office in Lagos, the economic capital town, started its activities in 2003. The figures from the Nigeria Commission of Communications (NCC) of June 2014 revealed that Globacom has 27 327 646 subscribers or 21 % of the parts of the market. It is based in Nigeria in Lagos.

9-Pick n Pay. It is the 2nd the biggest supermarket chain in South Africa launched in 1967, Pick n Pay is also established in other Southern African countries: Botswana, Mozambique, Zambia, Zimbabwe, Lesotho and Namibia. Stores were also opened in Mauritius and should soon be available in Malawi.

10-Vodacom. Based in South Africa, the company essentially has subsidiaries in Lesotho, Tanzania, DR Congo and Mozambique. It is about an operator in mobile communications, Vodacom that counts more than 60 million customers. Vodacom belongs to the Vodafone world group.

 

Original text by: Afriquinfos

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