Recognised for its authority, integrity and accuracy, leading business and financial title, the Financial Times (FT) has released its 2024 ranking of 125 of Africa’s Fastest Growing Companies.
In this third iteration of its now expanded, Nigeria, one of the continent’s three biggest economies, holds three of the top 10 spots, with OmniRetail (eCommerce), Moniepoint (Fintech, Financial Services & Insurance), and Afex Commodities Exchange (Nigeria’s first licensed private commodities exchange) in the first, fourth and fifth positions, respectively.
The FT survey was compiled by Statista, a leading research company renowned for its insight into African companies’ actual performance, in a rigorous screening process.
In this survey, companies are ranked based on 2019-2022 data by (i) their absolute growth rate of revenues and (ii) their compound annual growth rate (CAGR).
For the full report, rankings, and article, visit the FT channel here.