Dangote Deserves Some Accolades, His Company Is Most Loved African Brand
Africa’s richest man and Nigerian billionaire, Aliko Dangote continues to break new grounds…and he is getting all the love he deserves.
His business under the Dangote Group has been voted as the most admired African brand by consumers.
This puts Dangote ahead of telecommunications giant, MTN in a survey conducted by South African-based Brand Leadership Movement in collaboration with the Johannesburg Stock Exchange.
The Dangote brand, which is also the leading brand in Nigeria, came atop in the fresh ranking of 100 best brands in Africa themed ‘Brand Africa 100’, it was announced in Johannesburg, South Africa.
The ‘Brand Africa 100’ was established in 2010 in recognition of the growth of African brands, which were beginning to challenge global brands in new categories such as telecommunications.
The aim of Brand Africa is to identify, acknowledge and promote African and global brands that are catalysts for Africa’s growth, reputation and value.
The Brand Africa stated that the “Nigerian industrial brand Dangote is the number one African brand recalled when consumers are prompted about the continent of origin, while the South African tele-communications brand MTN is the number one African brand spontaneously recalled irrespective of continent of origin.
“The United States sports and fitness brand, Nike, is the overall brand in Africa spontaneously recalled by consumers.”
The Brand Africa 100 ranking is based on a survey among consumers 18 years and older, which was conducted in 23 countries across Africa. The countries, representing all African economic regions, collectively account for 75% of the population and 74% of the continent’s Gross Domestic Product.
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