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5 African cities with the strongest brand value in 2024

Published

Saturday, 26 April 2025, 10:49 am

5 African cities with – In Africa, city branding…

In Africa, city branding is crucial, as nations work to attract global attention and investment. Five African countries made it to the top ranks for brand value in 2024, according to the Brand Finance Global City Index.

Business Insider Africa presents the 5 African cities with the strongest brand value in 2024The list is courtesy of Brand Finance.Five African countries made it to the top ranks for brand value in 2024.

Five African countries made it to the top ranks for brand value in 2024, according to the Brand Finance Global City Index.

In an earlier article on countries with the highest brand value, we mentioned that, like companies, countries, and even cities, build brands that capture their identity, values, and public perception. In Africa, city branding is crucial, as nations work to attract global attention and investment.

The Brand Finance Global City Index, the go-to ranking for city brands, lists the top 100 city brands worldwide. In this year’s survey, conducted in September 2024, over 15,000 people from 20 countries shared their perceptions of cities across continents.

DON’T MISS THIS: Top 10 African countries with the strongest brand value in 2024

The index evaluates 45 factors across seven pillars of a city’s brand, including Business & Investment, Livability, Culture & Heritage, People & Values, Sustainability & Transport, Governance, and Education & Science. London leads the list this year, scoring an impressive 90.9 out of 100.

Cities with strong brands gain big benefits, they become magnets for tourism, investment, and talent. Positive city brands bring in more visitors, who often become unofficial ambassadors, sharing their experiences and spreading the word.

This boost also attracts businesses and economic opportunities, making the city more competitive, sparking local entrepreneurship, and creating jobs that draw in global talent.

Below are the 5 African cities with the strongest brand value in 2024:

RankCityScoreGlobal rank1Capetown64.966th2Johannesburg60.872nd3Casablanca60.873rd4Nairobi52.885th5Lagos47.091st
#African #cities #strongest #brand

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Business

Nigerian govt wins legal battle as tribunal upholds $220m fine against Meta

Published

2 hours ago

April 26, 2025

John

The Competition and Consumer Protection Tribunal has upheld a $220 million fine levied by Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) against Meta Platforms Inc., the parent company of Facebook and WhatsApp, marking a significant victory for consumer rights enforcement in the country.

In a ruling delivered by a three-member panel led by Thomas Okosun, the Tribunal dismissed Meta’s appeal, affirming that the FCCPC acted within its statutory and constitutional powers in sanctioning the tech giant for engaging in discriminatory and exploitative practices.

The case stems from a 38-month investigation jointly conducted by the FCCPC and the Nigeria Data Protection Commission (NDPC), which began in 2020.

The probe focused on Meta and WhatsApp’s consumer data policies, privacy practices, and overall conduct in Nigeria’s digital space.

“The Tribunal determined that the Commission complied with prevailing laws, discharged its mandate, and exercised its powers within the confines of the 1999 Constitution,” said Ondaje Ijagwu, FCCPC’s Director for Corporate Affairs.

READ ALSO: Is Nigeria’s $220m fine on Meta enough to end data privacy violations?

The Tribunal resolved seven key issues in the appeal, siding with the FCCPC on nearly all fronts. One pivotal matter — the claim that Meta was denied a fair hearing — was rejected, with the Tribunal concluding that the Commission afforded the companies ample opportunity to defend themselves.

“The FCCPC fully discharged its quasi-judicial responsibilities,” the Tribunal ruled, also affirming the Commission’s authority to oversee data protection and privacy under Section 104 of the Federal Competition and Consumer Protection Act (FCCPA).

Regarding the contentious issue of Meta’s privacy policy, the Tribunal upheld the Commission’s finding that the policy contravened Nigerian law.

However, the Tribunal did set aside one aspect of the FCCPC’s final order — Order 7 — citing insufficient legal foundation.

READ ALSO: Mark Zuckerberg’s Meta just got some bad news

Alongside upholding the $220 million penalty, the Tribunal also awarded the Commission $35,000 in investigation costs.

FCCPC Executive Vice Chairman and CEO, Mr. Tunji Bello, welcomed the ruling, praising the Commission’s legal team for its “exceptional diligence and forensic skills.”

He reaffirmed the FCCPC’s dedication to protecting consumer rights and fostering fair market practices, stating, “This judgment is a victory for all Nigerian consumers and a clear message that no company is above the law.”