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International Companies Set To Expand In Africa In 2015

International Companies Set To Expand In Africa In 2015

11 of 12

These international brands are getting ahead of the rest, who will soon undoubtedly set their sites on the growing economy of African countries. Here are 12 international companies expanding in Africa in 2015.

Wikimedia.org
Wikimedia.org

 

H & M

After H & M announced plans to open its first store in South Africa in 2015, the country’s Woolworths Holdings Ltd. Merged with Australia’s David Jones Ltd. to hopefully stand a chance against the Swedish mega chain’s presence.

Source: Businessoffashion.com

Deakinprime.com
Deakinprime.com

Cotton On

Cotton On opened their regional headquarters in South Africa in 2014. The brand has around 1,300 employees in the region, and plans on expanding its 100 stores in the region to 300.

Source: Biznisafrica.co.za 

Flickr.com
Flickr.com

 

Coca-Cola

Coca-Cola has teamed up with SABMiller plc to bring their bottling operations to Southern and East Africa. The new company will be called Coca-Cola Beverages Africa and will serve 12 “high growth” countries on the continent.

Source: Wsj.com

Flickr.com
Flickr.com

SABMiller

As mentioned before, SABMiller will be teaming up with Coca-Cola for the Coca-Cola Beverages Africa project. Even though the company will take Coca-Cola’s name, SABMiller will be the majority shareholder with 57%, while The Coca-Cola Company will have just 11.3%, and their third partner Gutsche Family Investments will have 31.7%.

Source: Wsj.com

Wikimedia.org
Wikimedia.org

Dominos

Dominos already has two operations in Kenya and now plans to expand in East Africa. The company has adapted its menu to local preferences, by offering pizzas like the Swahili Chicken.

Source: Abdas.org , Eatout.co.za

 

Wikimedia.org
Wikimedia.org

Cold Stone Creamery

Good news for their taste buds but bad news for their waistlines: Africans can expect to see up to seven Cold Stones open throughout the continent in the next five years. The first already opened in Kenya.

Source: Qsrweb.com , Businessdailyafrica.com

denver.org
denver.org

 

Marriott

Marriott plans to open 9 hotels throughout Africa in 2015, and 1,300 rooms. The company plans to expand from 10 to 17 African countries, and is receiving a $1.5 billion capital investment for the projects.

Source: Marriott.com

Pixabay.com
Pixabay.com

Google

Research firm Frost & Sullivan’s had some of its global experts predict tech trends in Africa in 2015, and they believe Google and Facebook will expand their presence in Africa in 2015.

Source: Fin24.com

Flickr.com
Flickr.com

L’Oreal

The brand launched “The L’ Oreal Professional African Salon Institute” in 2014, which could be a hint that the brand will continue to expand in the continent.

Source: Forbes.com

ThinkStock
ThinkStock

Fly

European mobile brand Fly has seen great success in its recent expansions in Saudi Arabia, Qatar, and Kuwait to name a few, which has inspired it to move onto Africa. The company has plans to expand to Iran, Egypt and other African countries. Fly smartphones are already available to Nigerian customers.

Source: Forbesmiddleeast.com

Wikimedia.org
Wikimedia.org

Starbucks

Starbucks plans on opening 1,600 new locations in 2015, including 150 in Europe, The Middle East and Africa.

Source: Fool.com