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Home » Blog » 20 BUSINESS IN AFRICA OWN BY FOREIGNERS
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20 BUSINESS IN AFRICA OWN BY FOREIGNERS

Victor KakuluBy Victor KakuluJanuary 23, 2025No Comments3 Mins Read
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Africa hosts numerous businesses owned or significantly invested in by foreign entities across various sectors. Here are 20 notable examples:

  1. BMW South Africa (South Africa)
    A subsidiary of the German automaker BMW, involved in manufacturing and distributing BMW vehicles within South Africa.
  2. Ford Motor Company of Southern Africa (South Africa)
    A subsidiary of the American automaker Ford, engaged in vehicle manufacturing and sales in the region.
  3. General Motors South Africa (South Africa)
    Previously a subsidiary of the American company General Motors, involved in vehicle manufacturing and distribution.
  4. Hyundai Automotive South Africa (South Africa)
    A subsidiary of the South Korean automaker Hyundai, responsible for vehicle sales and services in South Africa.
  5. Isuzu Trucks South Africa (South Africa)
    A subsidiary of the Japanese company Isuzu, specializing in the production and distribution of trucks.
  6. Mercedes-Benz South Africa (South Africa)
    A subsidiary of the German automaker Mercedes-Benz, involved in manufacturing and selling luxury vehicles.
  7. Nissan South Africa (South Africa)
    A subsidiary of the Japanese automaker Nissan, engaged in vehicle manufacturing and sales.
  8. Pioneer Foods (South Africa)
    A South African food and beverage company that has attracted significant foreign investment.
  9. China National Petroleum Corporation (CNPC) (Various African countries)
    A Chinese state-owned oil and gas corporation with operations in Sudan, South Sudan, Chad, Mozambique, and Niger.
  10. SOCFIN Group (Multiple African countries)
    A Luxembourg-based company managing oil palm and rubber plantations in countries like Nigeria, Ghana, Sierra Leone, and Cameroon.
  11. Puma Energy (Multiple African countries)
    A Swiss-based global energy company operating in 19 African countries, involved in the supply and storage of petroleum products.
  12. TotalEnergies (Various African countries)
    A French multinational integrated energy and petroleum company with extensive operations across the African continent.
  13. Shell Nigeria (Nigeria)
    A subsidiary of the British-Dutch multinational Royal Dutch Shell, engaged in oil exploration and production in Nigeria.
  14. Unilever Nigeria (Nigeria)
    A subsidiary of the British-Dutch multinational Unilever, producing and marketing consumer goods.
  15. Nestlé Nigeria (Nigeria)
    A subsidiary of the Swiss multinational Nestlé, involved in the production and distribution of food and beverages.
  16. MTN Group (South Africa)
    While headquartered in South Africa, MTN has significant foreign ownership and operates across various African countries, providing telecommunications services.
  17. Vodacom Group (South Africa)
    A South African telecommunications company majority-owned by the UK-based Vodafone Group, operating in several African countries.
  18. Barclays Africa Group (South Africa)
    Formerly a subsidiary of the British multinational Barclays, providing banking services across the continent.
  19. Standard Chartered Bank (Multiple African countries)
    A British multinational banking and financial services company with a significant presence in Africa.
  20. Heineken Ethiopia (Ethiopia)
    A subsidiary of the Dutch brewing company Heineken, operating breweries and distributing beverages in Ethiopia.

These examples illustrate the diverse range of foreign-owned businesses operating within Africa, contributing to various sectors including automotive, energy, agriculture, and finance.

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Previous ArticleHere are 20 notable enterprises led by African women entrepreneurs
Next Article 20 most visited African countries by foreign tourists
Victor Kakulu
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