London Stock Exchange Group’s report, Companies to Inspire Africa is a pioneer report that identifies Africa’s most inspirational and dynamic private, high-growth companies to a global market.
“We publish this report as it is our belief that these firms, and high-growth firms like them, are crucial to the future of the African economy, capable of driving transformative economic growth in their home countries, Africa and beyond,” says David Schwimmer, CEO, London Stock Exchange Group.
There are 360 companies from 32 different countries across the continent represented in this report, boasting an incredibly impressive average compound annual growth rate of 46%, up from 16% last year. On average, each firm employs over 350 people, with an average compound annual employee growth rate of 25%.
It is also very encouraging that 23% of the senior executives of the companies featured are female, a near doubling from 12% in last year’s report.
The growth rates and sector diversity of the firms featured highlight their potential to transform the African and wider economy and become the big global job creators of tomorrow.
Read/Download the FULL REPORT.