As a measure of its growing influence
in the continent, Dangote Group has
emerged among Africa’s top 10 most valuable brands in 2013 in a survey
conducted by African Business Magazine, a pan-African business
magazine.
In a survey tagged ‘The Brand Africa 100 table’, Dangote
emerged as the most valuable brand in the consumer goods sector with an African
brand value of 216. However, the brand emerged the 8th most
valuable brand when placed against brands from other sectors.
“The Brand Africa 100” table
was established in 2011, in recognition of the growth of African brands,
which were beginning to challenge global brands in Africa or lead global brands
in new categories such as telecommunications.
Commenting on the recognition of
Dangote brand, the magazine stated that: “…But what is perhaps a little more
suprising is that Dangote, the largest manufacturing conglomerate in West
Africa, and Globacom, the Nigeria-based telecommunication provider, are also in
the lists. Both brands have managed to win the hrarts of the communities in
which they operate.”
Declaring brands as an asset, the
magazine stated that the aim of Brand Africa 100 is to identify, acknowledge
and promote African and global brands that are catalysts for Africa’s growth,
reputation and value.
Explaining its method at arriving at
the brands’ ranking said “the study involved a comprehensive research among
consumers 18 years and older, living in representative countries in
metropolitan sub-Saharan Africa regions to draw up a list of the most admired
African and global brands in Africa. Each respondent was asked to
mention the five local and global brands they admired.
Dangote’s emergence did not come as a
surprise to industry watchers. The brand has
steadily increased its influence in many African nations through establishment
of cement factories. It operates in about 13 African nations making one of the
most visible, recognized and admired brands.
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Wish the company greater heights
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