- FT/Statista 2023 annual ranking of Africa’s fastest-growing companies highlights sectors including fintech, renewable energy, healthcare, commodities, and agriculture.
- COVID-19 accelerated the move online, with companies providing digital services in finance, payments, trade facilitation, and healthcare all making headway.
- The list was compiled with Statista, ranking companies by their compound annual growth rate (CAGR) in revenue between 2018 and 2021.
The recent annual ranking of Africa's fastest-growing companies by the Financial Times and Statista for 2023 reveals that companies in various sectors were able to develop their businesses even as the world shut down due to the pandemic. The ranking, now in its second year, shows that sectors such as fintech, renewable energy, healthcare, commodities, and agriculture were able to grow their businesses while much of the world was grappling with the pandemic's impact.
