To a layman, South Africa and Nigeria are like water and oil- they can never mix together. While this assumption is true to some extent, it’s a different ball game when it comes to business. While South Africans can boil with anger when they lose to Nigeria in a football match(ask AKA), both nations embrace each other in term of business.
South Africa and Nigeria have been in the spotlight recently due to Xenophobic attack but today we shall focus on our attention on the list of South African Companies in Nigeria and the list of Nigeria Companies in South Africa.
In the list of Nigerian Companies in South Africa, some of the names you will see are major companies you never knew existed in South Africa. Also, in the list of South African companies in Nigeria, some of the names you will see may likely shock you because they have been so long in Nigeria that many consider them Nigerian companies. Without further ado, let’s begin
List of South African Companies in Nigeria
Founded in 1994 by Phuthuma Nhleko, MTN is a South African multinational mobile telecommunication company operating in many African, European and Asian Countries.
Established in 1923, Eskom is a South African Company electricity public utility. Eskom generates approximately 95% of the electricity in South Africa and approximately 45% of the electricity used in Africa
South African Airways is a South African airline with offices located in Abuja and Lagos
Multichoice is a South African Company that Operates the DSTV satellite Television service
DSTV(Digital Satelite Television) is a Sub-Saharan African direct broadcast satellite owned by Multichoice
Shoprite is a leading grocery supermarket owned by South African billionaire Mr. Christo Wiese. Shoprite has many outlets all over Nigeria.
- Protea Hotel
Protea Hotel is a south African hotel headquartered in Capetown with branches in Lagos, Abuja and other parts of Nigeria. Protea Hotel is arguably the biggest hotel company on the African continent. with 80 properties in 9 countries.
Founded in 1965, PEP is a multinational retail company based in Cape Town South Africa. PEP operates in 11 countries across Africa.
Stanbic IBTC Bank is a division of Standard Bank, a member of the Standard Group Bank Group based in Johannesburg South Africa.
South Africa’s most loved seafood restaurant
List of Nigeria Companies in South Africa
Founded by Jim Ovia in 1990 Zenith Bank is a Nigeria multinational financial serviced provider. It is licensed as a commercial bank by Central Bank of Nigeria. It as a representative office in South Africa located in Sandton.
Dangote Cement is a Nigerian multinational cement manufacturer headquartered in Lagos. The company builds and manage Sephaku Cement in South Africa. Dangote cement owns 64% of the shares while Sephaku cement owns the remaining shares
Union Bank is a leading African Bank, headquartered in Lagos. Union bank as a representative office in Johannesburg, South Africa.
First bank of Nigeria is one of the biggest Commercial banks in Nigeria. It has a representative office in Johannesburg South Africa.
First City Monument bank also known as FCMB is Nigerian multinational financial institution. FCMB has a representative office in South Africa.
The above are the list of Nigerian companies in South Africa and South African companies in Nigeria. Over the years, these companies have continued to serve as employers of labor as they employ thousands of South Africans and Nigerians. Their activities will continue to serve as a source of income for the South African and Nigerian Government.