-The
scope and sample countries have been vastly expanded from a base of 8
countries in the past years to 22 countries covering every leading
African economy
Brand Africa (www.brandafrica.org)
is to release its highly anticipated 4th Brand Africa 100: Africa’s
Best Brands rankings of the Top 100 Most Admired and Most Valuable
brands in Africa at a Gala event at Sandton Convention Center on 22
October 2015.
The
rankings, first launched in 2011 at the second Brand Africa FORUM, have
been held in Johannesburg, South Africa in 2011 in partnership with
Brand South Africa, in Nairobi, Kenya in 2014 in partnership with the
Kenya Securities Exchange and in New York in 2013 partnership with
African Business ion the sidelines of the UN General Assembly.
This
year, the scope and sample countries have been vastly expanded from a
base of 8 countries in the past years to 22 countries covering every
leading African economy, all 5 political regions and economic zones –
making it the only and most representative and comprehensive pan-African
study on brands in Africa.
Brand
Africa 100 is a proprietary approach developed by Brand Leadership
Group in partnership with Brand Finance plc, the world’s leading
independent valuation consultancy, TNS, the globally respected consumer
knowledge and information company and Geopoll, the leading mobile survey
platform with a database of nearly 200m users in emerging markets.
“These
rankings are an important metric of the progress Africa is making in
building made in Africa brands and challenging the dominant non-African
brands in Africa which over the years have accounted for 80% of the most
admired brands in Africa and a dominant 99% share of the value of the
Top 100,” says Thebe Ikalafeng, Founder and Chairman – Brand Africa.
“While
non-African brands dominate Africa because of their sheer volumes,
historical admiration and investment, it is important for Africa’s
ultimate economic independence that it competes for a larger share of
its own consumer base, which is estimated will reach a population of 2bn
by 2050 and achieve consumer expenditure of $1 trillion by 2020.
Equally, the license for non-African brands to thrive in Africa will be
determined no longer by history and economic might, but by how they
adapt to the evolving and increasingly assertive African consumer who
demand brands that reflect their needs, conditions and ambitions.”
The
Gala will be hosted by Brand South Africa and supported by Brand
Finance, TNS, Geopoll, SA Mint, Fresh RSVP, SA Mint, African Business,
CNBC Africa, M&G Africa, African Media Agency, Blue Media and Fresh
RSVP.
Simphiwe
Dana, a multi-platinum-selling award-winning South African
Afro-Jazz-Soul singer and songwriter and Congolese-born TRESOR, a multi
platinum selling DRC born singer-songwriter will entertain the guest,
who will be feasting on the pan-African culinary delights of
award-winning and international culinary star and Foodnetwork host, Siba
Mtongana.
The
Brand Africa 100® results will be published by African Business
magazine on sale globally from the 26 October 2015 and online by
Mail&Guardian Africa post the awards, and broadcast on CNBC Africa
in an awards highlights special.
Brand Africa (www.brandafrica.org)
is a brand-led pan-African inter generational movement to inspire a
great Africa through creating a positive image of Africa, celebrating
its diversity and driving its competitiveness.
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