The 150 top African brands surveyed in the report saw their valuation decline $5.5 billion to $40 billion in 2021 from $45.5 billion in 2020, a 12 percent decline due to the impact of the COVID-19 pandemic.
The COVID-19 pandemic wiped out $5.5 billion from the value of Africa’s top brands between 2020 and 2021, according to a study by South Africa-based Brand Finance Africa, a brand valuation consultancy.
The 150 top African brands surveyed in the report saw their valuation decline $5.5 billion to
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