Amazon has become the first brand in the history of the Brand Finance Global 500 rankings to exceed $2bn in value, making it the most valuable brand in the world for the third year running. Not a single African brand featured in the rankings.

That said, there is much potential on the continent and Africa’s presence is apparent in the rankings, albeit indirectly. Tencent, which is part-owned by Naspers, was ranked the 27th most valuable brand in the world, while Richemont, owned by SA entrepreneur Johann Rupert, is featured in the guise of its watch and jewellery brand, Cartier, which is positioned at 123...

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