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Last year, the share of African brands among the most admired and valued companies fell from 23% in 2015 to 16% among international brands in 2016, according to Brand Africa 100 , the non-profit which values and ranks the continents best brands. The list was culled from over 11,000 brand mentions cited through a mobile survey by consumers in 19 African countries, who collectively represent 74% of the continents population. The grading was then done through a blend of a brands financial performance and consumer admiration. 10 Tiger Brands African brands represented 0.75% of the value of the top 100 most admired brands, and non-African brands clinched the list of top three brands in all African markets. The only exceptions were in Nigeria, where telecommunications company Glo featured at number 3; Kenya, where Safaricom came at number 2, and alcoholic beverage Tusker ranked at number 3; and the Azam Group at number 2 in Tanzania. At 25 brands, companies originating from the United States were in the lead among the top 100 companies valued by Africans, followed by European nations like the United Kingdom (8), Germany (6), and France (5), besides Asian products from Japan (6) and China (5). MTN, the most admired and valuable African brand, has faced significant legal and leadership challenges . It dropped from the top spot to the ninth position on the continents most esteemed brands. It was preceded by Samsung, Nike, Adidas, Coca-Cola, Apple, LG, Nokia, and Toyota. French clothing company Lacoste was the most resurgent brand among the respondents, jumping to position 42 in 2016 from 92 in 2015.
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