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These companies have shown remarkable growth, driven primarily by organic means, and have made significant contributions to their respective industries.
Here’s a closer look at each company and what they do.
Omniretail Inc. (Nigeria, E-commerce)
Kyosk Digital (Mauritius, E-commerce)
Resourgenix Pty Ltd. (South Africa, Employment Services)
Moniepoint Inc. (Nigeria, Fintech)
Afex Commodities Exchange Ltd. (Nigeria, Fintech)
Chari.Co (Morocco, E-commerce)
Enara Group (Egypt, Energy & Utilities)
Yellow Digital Retailers Ltd. (Mauritius, Energy & Utilities)
Kentegra Biotechnology Epz Ltd. (Kenya, Health Care)
HearX Group Pty Ltd. (South Africa, Health Care)
AfricaWorks (Mauritius, Real Estate)
Mycredit Investments Ltd. (Nigeria, Fintech)
Agro Supply Ltd. (Uganda, Agriculture)
Lapaire Glasses (Ivory Coast, Health Care)
Deimos Cloud Pty Ltd. (South Africa, IT & Software)
Alpha Morgan Capital Managers Ltd. (Nigeria, Fintech)
Balancell Energy Pty Ltd. (South Africa, Manufacturing)
Thrive Agric Ltd. (Nigeria, Agriculture)
Bisedge Ltd. (Nigeria, Logistics & Transportation)
Evolution Foods International Pty Ltd. (South Africa, Food & Beverages)
Methodology
According to the Financial Times, the ranking was based on a combination of factors including:
Here is the full report – https://www.ft.com/content/a1bc5d2e-046e-499b-b27e-4d057f9d8477?ref=
The International Finance Corporation (IFC) is considering an equity commitment of up to $6 million to Catalyst Fund, a climate-technology venture vehicle targeting $40 million for early-stage investments across Africa.
OX Delivers, a British e-mobility transport service, has secured a £1.2 million ($1.5 million) grant from Energy Catalyst, an Innovate UK program.
Summit Africa, a South African fund manager, has launched its second private equity fund, Summit Private Equity Fund II (SPEF II), with an initial $20 million anchor investment from British International Investment (BII), the UK’s development finance institution and impact investor.