Top 10 Companies in Africa 2015

Posted in Top Brand Lists, Total Reads: 1598

Here is a list of the top 10 companies in Africa. It is the second largest and the second most populous continent in the world. There are 54 countries in all of Africa. The most prominent countries in Africa are Nigeria, Egypt, South Africa and Algeria. Africa is very rich in minerals and a very popular hub for diamonds as well. Despite being low on agriculture, Africa has largely prospered with the services industry.

10. Zenith Bank

Zenith bank is the biggest tier 1 bank in Nigeria with headquarters in Logas.


It is listed on the Nigeria and London stock exchange. It has multiple products and services cutting across corporate and investment banking, commercial and consumer banking, trade services and foreign exchange, treasury and cash management services and other non-bank financial services through subsidiaries. It has 500 branches and business offices in states of Federation and Federal Capital Territory and Abuja.

It was established in May 1990 by Nigerian mogul Jim Ovia and started operations in July 1990 as a commercial bank. The bank became a public limited company in June, 2004 and got listed in Nigerian Stock Exchange. In 2007, Zenith Bank (UK) Limited was established after obtaining license from Financial Services Authority (FSA). This was followed by listing in the London Stock Exchange in 2013. It expanded to having subsidiaries in Ghana, Sierra Leone, Gambia and representative offices in South Africa and China. The bank segment its customer base and design and delivers its products based on business potential of individual accounts viz. individuals, small businesses, corporates & institutions.

The future of Zenith Bank is based on the following strategic outlook:

• Focus on high quality assets and top-end relationships while adopting cost reduction strategies. This will be facilitated by the strong corporate governance practices and risk management.

• Delivering superior service experience to all clients and customers by identifying and retaining quality talent and investing on cutting edge technology and improving customer service

• Develop specific solutions for each segment of its customers’ base like providing integrated financial solutions to its diverse customer base.

Revenues: $2.6 billion

Net Income: $0.60 billion

Assets: $20.8 billion

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