The ranking: Africa’s Fastest Growing Companies 2024

1 Omniretail Inc. OmniRetail Nigeria E-commerce                       66,294.88                               772.39                               139.88                                   0.25                 896                   11 2019 2 Kyosk Digital Kyosk.App Mauritius E-commerce                       41,644.81                               647.37                               155.35                                   0.37                 202                   20 2019 3 Resourgenix Pty Ltd. Resourgenix South Africa Employment Services                       26,441.42                               542.65                                 33.62                                   0.14                   91                     5 2019 4 Moniepoint Inc. Moniepoint Nigeria Fintech, Financial Services & Insurance                         7,979.35                               332.31                               148.66                                   1.84                 962                 111 2015 5 Afex Commodities Exchange Ltd. Afex Nigeria Fintech, Financial Services & Insurance                         5,733.12                               287.82                               415.54                                   8.38                 391                   59 2014 6 Chari.Co Chari Morocco E-commerce                         4,107.31                               247.80                                   6.31                                   0.15                 187                   10 2019 7 Enara Group Enara Egypt Energy & Utilities                         3,265.65                               222.87                                   4.31                                   0.15                   36                     3 2018 8 Yellow Digital Retailers Ltd. Yellow Mauritius Energy & Utilities                         2,892.22                               210.45                                 28.77                                   0.96                   85                   17 2018 9 Kentegra Biotechnology Epz Ltd. Kentegra Biotechnology Kenya Health Care & Life Sciences                         2,333.05                               189.77                                   3.76                                   0.15                 194                   42 2017 10 HearX Group Pty Ltd. HearX Group South Africa Health Care & Life Sciences                         2,056.82                               178.36                                 12.28                                   0.57                 172                   42 2016 11 AfricaWorks Africaworks Mauritius Real estate                         1,847.88                               169.06                                   7.45                                   0.38                   77                   12 2017 12 Mycredit Investments Ltd. FairMoney Nigeria Fintech, Financial Services & Insurance                         1,719.13                               163.00                               142.93                                   9.25                 542                   45 2017 13 Agro Supply Ltd. Agro Supply Uganda Agriculture, Forestry & Fishing                         1,466.77                               150.23                                   2.29                                   0.15                   12                     4 2017 14 Lapaire Glasses Côte D’Ivoire S.A.R.L. Lapaire Ivory Coast Health Care & Life Sciences                         1,344.04                               143.52                                   3.42                                   0.24                 323                   24 2018 15 Deimos Cloud Pty Ltd. Deimos Cloud South Africa IT & Software                         1,196.11                               134.90                                 15.23                                   1.33                   82                   24 2018 16 Alpha Morgan Capital Managers Ltd. Alpha Morgan Capital Nigeria Fintech, Financial Services & Insurance                            994.85                               122.05                                 13.79                                   1.48                   59                   22 2012 17 Balancell Energy Pty Ltd. Balancell Energy South Africa Manufacturing                            984.95                               121.38                                 11.40                                   1.19                   40                     8 2017 18 Thrive Agric Ltd. ThriveAgric Nigeria Professional, Scientific & Technical Services                            964.90                               120.01                                 73.26                                   8.10                 223                   30 2016 19 Bisedge Ltd. Bisedge Nigeria Logistics & Transportation                            926.54                               117.33                                   3.14                                   0.36                 372                   20 2016 20 Evolution Foods International Pty Ltd. Evolution Foods International South Africa Food & Beverages                            911.04                               116.23                                   2.30                                   0.26                     1                     1 2017 21 Tymebank Ltd. Tymebank South Africa Fintech, Financial Services & Insurance                            885.69                               114.41                                 40.41                                   4.65                 350                 230 2018 22 Marchiche Global Solutions Marchiche Global Solutions Morocco Professional, Scientific & Technical Services                            858.61                               112.43                                 10.34                                   1.14                   66                 104 2008 23 Globe Medex For Trade And Distribution Globe Medex Egypt Pharmaceuticals & Cosmetics                            799.97                               108.01                                   2.55                                   0.28                   12                     6 2017 24 The Seamless Company Ltd. Seamlesshr Nigeria IT & Software                            700.66                               100.06                                   2.62                                   0.38                 160                   39 2018 25 Lipa Later Ltd. Lipa Later Kenya Fintech, Financial Services & Insurance                            606.44                                 91.88                                   7.17                                   1.01                   73                   12 2017 26 Consilient Ltd. Company Consilient Somalia/Somaliland Professional, Scientific & Technical Services                            599.74                                 91.27                                   2.58                                   0.37                   35                   15 2019 27 Zendascape Pty Aura South Africa IT & Software                            596.45                                 90.97                                   3.73                                   0.61                   63                   15 2017 28 Terragon Holdings Mauritius Terragon Mauritius Advertising & Marketing                            568.23                                 88.35                                 19.45                                   2.91                 109                 106 2017 29 Natural Extracts Industries Ltd. Natural Extracts Industries Tanzania Agriculture, Forestry & Fishing                            496.85                                 81.39                                   2.99                                   0.51                 135                   39 2011 30 Hubtel Ltd. Hubtel Ghana Fintech, Financial Services & Insurance                            448.97                                 76.41                                 31.95                                   5.82                 238                   60 2007 31 West African Soy Industries Ltd. Wasil Nigeria Agriculture, Forestry & Fishing                            446.00                                 76.09                               248.71                                 53.60                 762                 174 2015 32 Herholdt’s Group Pty Ltd. The Herholdt’S Group South Africa Energy & Utilities                            405.66                                 71.64                               273.70                                 61.34                 208                 161 1989 33 Open Vantage Pty Ltd. Open Vantage South Africa IT & Software                            362.22                                 66.58                                   3.00                                   0.74                   53                   28 2017 34 Quick Mart Ltd. Quick Mart Kenya Retail                            346.72                                 64.69                               294.86                                 76.34              5,309              1,734 2006 35 Aces Africa Pty Ltd. Aces South Africa Energy & Utilities                            336.65                                 62.49                                   3.96                                   1.04                   54                   20 2013 36 Innovo Networks Pty Ltd. Innovo Networks South Africa Media & Telecomunications                            316.41                                 60.88                                   1.69                                   0.46                     8                     5 2013 37 CSSi South Africa Pty Ltd. CSSi South Africa South Africa IT & Software                            315.02                                 60.70                                 44.16                                 12.06                   82                   37 2000 38 Fleetcam Pty Ltd. Fleetcam South Africa IT & Software                            311.63                                 60.26                                   3.11                                   0.86                   44                   21 2014 39 GoMyCode GoMyCode Tunisia Education & Social Services                            309.40                                 59.97                                   2.10                                   0.51                 130                   40 2018 40 Powergen East Africa Renewable Energy Ltd. Powergen Renewable Energy Kenya Energy & Utilities                            307.48                                 59.72                                   3.44                                   0.85                 104                 146 2011 41 Easy Solar (Sl) Ltd. Easy Solar Sierra Leone Energy & Utilities                            303.53                                 59.21                                   6.76                                   1.67                 256                 150 2016 42 Turaco Ltd. Turaco Kenya Fintech, Financial Services & Insurance                            303.43                                 59.19                                   2.28                                   0.56                   60                   37 2019 43 Luxity Pty Ltd. Luxity South Africa E-commerce                            297.61                                 58.42                                   2.98                                   0.75                   23                   12 2015 44 Good Nature Agro Products Ltd. Good Nature Agro Zambia Agriculture, Forestry & Fishing                            291.40                                 57.59                                   9.80                                   2.50                 171                   31 2014 45 Sundry Markets Ltd. Marketsquare Nigeria Retail                            281.44                                 56.25                               128.42                                 39.62              2,098                 922 2014 46 Solar Md Pty Ltd. Solar MD South Africa Electrical Manufacturing                            272.10                                 54.96                                 24.76                                   7.54                   75                   35 2014 47 Veritasi Homes And Properties Ltd. Veritasi Homes Nigeria Real estate                            267.56                                 54.33                                 77.94                                 24.95                   33                   23 2017 48 KudiGo Inc Verifibuy Ghana E-commerce                            266.25                                 54.14                                   1.78                                   0.49                   18                   34 2017 49 Paratus Namibia Holdings Ltd. Paratus Namibia Holdings Namibia Fintech, Financial Services & Insurance                            262.86                                 53.67                                 26.63                               130.04                 202                 450 2017 50 AfriGrown AfriGrown South Africa Professional, Scientific & Technical Services                            260.63                                 53.35                                   4.67                                   1.47                   31                   19 2008 51 Wicorp Pty Ltd. WiSolar South Africa Energy & Utilities                            252.37                                 52.17                                   1.86                                   0.60                   16                     5 2016 52 PayLogic S.A. Paylogic Morocco Fintech, Financial Services & Insurance                            248.80                                 51.66                                   8.30                                   2.51                   49                   34 2010 53 CFO360 Pty Ltd. CFO360 South Africa Professional, Scientific & Technical Services                            246.33                                 51.30                                   1.80                                   0.52                   54                   11 2016 54 Africa Healthcare Network Africa Healthcare Network Mauritius Health Care & Life Sciences                            245.48                                 51.17                                   6.48                                   1.88                 391                 107 2015 55 Zen Petroleum Ltd. Zen Petroleum Ghana Energy & Utilities                            239.13                                 50.24                               565.96                               281.38                 896                 515 2012 56 Paga Group Ltd. Paga Group Nigeria Fintech, Financial Services & Insurance                            238.07                                 50.09                                 56.29                                 19.59                 212                 448 2009 57 M-Kopa Holdings Ltd. M-Kopa Kenya Fintech, Financial Services & Insurance                            224.60                                 48.06                               224.56                                 69.18              1,740                 939 2011 58 Akdital S.A. Akdital Morocco Health Care & Life Sciences                            218.13                                 47.07                               102.06                               325.27              2,920  n.a.  2016 59 Mobiblanc S.A.R.L. Mobiblanc Morocco IT & Software                            213.54                                 46.36                                   3.42                                   1.15                   80                   50 2010 60 United Capital Plc. United Capital Nigeria Fintech, Financial Services & Insurance                            213.04                                 46.29                                 63.48                                 23.86                 103                   99 2012 61 Nclose Pty Ltd. Nclose South Africa IT & Software                            207.49                                 45.42                                 12.27                                   4.52                 101                   34 2017 62 LayUp Technologies LayUp South Africa Fintech, Financial Services & Insurance                            202.38                                 44.61                                   2.77                                   1.04                   14                   12 2018 63 Reefy Micro Finance Enterprise Services Reefy Egypt Fintech, Financial Services & Insurance                            196.90                                 43.73                                 49.94                                 19.22              3,004              1,829 2007 64 Impower Pty Ltd. Impower South Africa Energy & Utilities                            189.43                                 42.51                                   6.34                                   2.48                   34                     3 2014 65 Fidson Healthcare Plc. Fidson Healthcare Nigeria Pharmaceuticals & Cosmetics                            187.04                                 42.12                                 95.26                                 39.05              1,270                 802 1995 66 Electrum Payments Pty Ltd. Electrum South Africa IT & Software                            186.51                                 42.03                                   8.14                                   3.22                   78                   50 2012 67 Ami-African Management Initiative AMI African Management Institute Mauritius Professional, Scientific & Technical Services                            183.50                                 41.53                                   5.14                                   1.81                   95                   52 2013 68 Leatt, Corp. Leatt  South Africa Manufacturing                            169.57                                 39.17                                 76.34                                 28.32                 115                   75 2005 69 Elenjical Solutions Pty Ltd. Elenjical Solutions South Africa IT & Software                            169.46                                 39.15                                   8.26                                   3.48                   83                   35 2013 70 Sasini Plc. Sasini Kenya Food & Beverages                            162.82                                 38.00                                 63.66                            2,794.83              2,567              4,124 1952 71 Entelect Software Pty Ltd. Entelect South Africa IT & Software                            160.79                                 37.65                                 97.09                                 42.19              1,032                 657 2001 72 R.T Briscoe Plc. R.T. Briscoe Nigeria Retail                            157.70                                 37.10                                 42.28                            6,939.39                 212                 215 1957 73 Bonben Assurance Namibia Ltd. Bonlife Assurance Namibia Fintech, Financial Services & Insurance                            148.80                                 35.50                                   5.78                                   2.63                   46                   38 1996 74 Green Med S.A.R.L Green Med Morocco Agriculture, Forestry & Fishing                            146.08                                 35.01                                   2.23                                   0.96                   21                   13 2007 75 Tripple Gee & Company Plc. Tripple Gee & Company  Nigeria Professional, Scientific & Technical Services                            140.47                                 33.97                                   7.33                            1,320.96                 110                   93 1980 76 Société Tunisienne Des Industries De Pneumatiques S.A. Société Tunisienne des Industries de Pneumatiques (S.T.I.P.) Tunisia Manufacturing                            138.42                                 33.59                                 49.24                                 63.56                 895                 690 1980 77 Bitventure Consulting Pty Ltd. Bitventure South Africa IT & Software                            137.65                                 33.45                                   2.08                                   0.99                   14                   17 2012 78 Impax Business Solutions Ltd. Impax Business Solutions Kenya IT & Software                            136.17                                 33.17                                   3.82                                   1.87                   78                   56 2003 79 Bua Foods Plc. Bua Foods Nigeria Food & Beverages                            135.45                                 33.03                               987.33                               493.49              2,107                 370 2008 80 Victory Farms Ltd. Victory Farms Kenya Agriculture, Forestry & Fishing                            133.18                                 32.61                                 18.41                                   7.89              1,303                 728 2015 81 Market Demand Trading 268 Pty Ltd. TruckFuelNet South Africa Logistics & Transportation                            131.94                                 32.37                                   5.60                                   2.74                   23                   18 2008 82 Palmci S.A. Palmci Ivory Coast Agriculture, Forestry & Fishing                            131.40                                 32.27                               387.23                               177.80              7,458              7,603 1997 83 Abear Industrial Pty Ltd. Abear Industrial South Africa Manufacturing                            131.38                                 32.26                                   1.94                                   0.95                   35                   14 2015 84 Atlantic Dredging Maroc S.A. Atlantic Dredging Morocco Professional, Scientific & Technical Services                            126.47                                 31.32                                 23.19                                 10.82                 156                 107 2010 85 iLearn Corporate Services Pty Ltd. iLearn South Africa Education & Social Services                            126.33                                 31.30                                   3.01                                   1.51                   38                   28 2012 86 Mauritius Oil Refineries Ltd. Moroil Mauritius Manufacturing                            120.41                                 30.14                                 48.61                               994.69                 165                 171 1968 87 MNT Investments BV MNT-Halan Egypt Fintech, Financial Services & Insurance                            117.62                                 29.59                               301.02                               138.32            22,000              7,800 2018 88 International Economics Consulting Ltd. International Economics Mauritius Management consulting                            116.80                                 29.43                                   1.77                                   0.82                   15                   15 2013 89 Black House Media Group Ltd. BHM Nigeria Management consulting                            116.01                                 29.27                                   4.98                                   2.71                   77                   70 2006 90 Swift Egypt Ltd. Swift Egypt Egypt Logistics & Transportation                            114.36                                 28.94                                 80.36                                 42.84                 209                 171 2012 91 Zambia Seed Company Ltd. Zamseed Zambia Agriculture, Forestry & Fishing                            112.66                                 28.60                                 12.05                                   5.66                 321                 298 1980 92 Ocp S.A. Ocp Group Morocco Chemicals                            111.81                                 28.43                          11,300.08                          54,092.00            20,587            19,865 1920 93 Comercio Partners Ltd. Comercio Partners Nigeria Fintech, Financial Services & Insurance                            108.29                                 27.71                                   3.94                                   2.23                   35                   20 2016 94 Evolution Credit Ltd. Evolution South Africa Fintech, Financial Services & Insurance                            107.83                                 27.62                                 32.88                               268.02  n.a.   n.a.  1999 95 Suez Canal Bank Scbank Egypt Fintech, Financial Services & Insurance                            104.86                                 27.01                               163.83                                 91.38              1,300              1,200 1978 96 Aveng Ltd. Aveng South Africa Construction & Engineering                            103.49                                 26.72                            1,627.31                          14,185.00              3,861            11,544 1944 97 Associated Commercial Company Ltd. Associated Commercial Company (ACC) Mauritius Automotive                            101.63                                 26.33                                 10.77                               240.84  n.a.   n.a.  1954 98 Routed Hosting Pty Ltd. Routed Hosting South Africa IT & Software                            100.99                                 26.20                                   1.82                                   0.91                     5                     4 2016 99 Iona Shipping Ltd. Iona Shipping Liberia Logistics & Transportation                            100.45                                 26.09                                   6.48                                   3.23  n.a.   n.a.  2014 100 Rhino Earthmovers Cc Rhino South Africa Mechanical & Plant Engineering                              99.76                                 25.94                                   3.85                                   2.18                   50                   42 2009 101 Wacot Rice Ltd. Wacot Rice Nigeria Agriculture, Forestry & Fishing                              98.79                                 25.74                                 95.24                                 56.38                 187                 157 2014 102 John Holt Plc. John Holt Nigeria Logistics & Transportation                              98.16                                 25.60                                   8.55                            1,793.00                   98  n.a.  1961 103 Jachris Hose And Couplings Pty Ltd. Jachris Hose And Couplings South Africa Metals & Mining                              96.49                                 25.25                                 21.58                                 12.45                 350                 195 1976 104 Amel International Services Ltd. Amel Susan Nigeria Food & Beverages                              96.43                                 25.24                                   5.08                                   3.04                   69                   36 2014 105 Lapigems Ltd. The Rare Gemstone Company Kenya E-commerce                              84.87                                 22.73                                   1.81                                   0.98                   17                     8 1974 106 Academy Press Plc. Academy Press Nigeria Manufacturing                              84.41                                 22.63                                 10.39                            2,439.61                   15                   36 1964 107 Cutix Plc. Cutix Nigeria Electrical Manufacturing                              84.02                                 22.54                                 21.18                            5,025.50                 243                 255 1982 108 EFG Holding EFG Holding Egypt Fintech, Financial Services & Insurance                              80.86                                 21.84                               559.79                               309.52              5,479              5,481 1984 109 Terrasan Group Pty Ltd. Terrasan South Africa Fintech, Financial Services & Insurance                              77.27                                 21.03                                 96.03                                 61.38              1,145              1,273 1963 110 Lesieur Cristal S.A. Lesieur Cristal Morocco Manufacturing                              77.14                                 21.00                               680.13                            3,893.00              1,637                 924 1908 111 Raubex Group Ltd. Raubex Group South Africa Construction & Engineering                              75.25                                 20.56                               919.78                            8,734.90              7,660              7,418 1974 112 Dynamic DNA Pty Ltd. Dynamic DNA South Africa Education & Social Services                              72.47                                 19.92                                   1.94                                   1.28                   27                   23 2016 113 Zambeef Products Plc. Zambeef Products  Zambia Food & Beverages                              72.08                                 19.83                               316.58                            3,134.97              7,528              7,082 1994 114 Travaux Généraux De Construction De Casablanca S.A Travaux Généraux De Construction De Casablanca Morocco Construction & Engineering                              70.35                                 19.43                               510.65                            3,039.47            11,313  n.a.  1991 115 New Mauritius Hotels Ltd. Beachcomber Resorts & Hotels Mauritius Hospitality & Travel                              70.12                                 19.38                               312.27                            8,278.53              4,878              5,327 1964 116 Froozels Food Products Pty Ltd. Froozels South Africa Food & Beverages                            142.72                                 17.49                                   5.40                                   3.77                   75                   51 2011 117 Transcorp Hotels Plc. Transcorp Hotels Nigeria Hospitality & Travel                              56.07                                 15.99                                 71.82                                 54.16              1,224              1,452 1994 118 Eadvance Pty Ltd. SPARK Schools South Africa Education & Social Services                              55.24                                 15.79                                 26.40                                 19.27              1,240              1,106 2012 119 Opennetworks Pty Ltd. Opennetworks South Africa IT & Software                              52.71                                 15.16                                   8.64                                   6.41                   30                   30 2000 120 Laterite Kenya Ltd. Laterite Kenya Professional, Scientific & Technical Services                              48.00                                 13.96                                   6.43                                   4.34                   82                   57 2010 121 Dislog Group Dislog Group Morocco Pharmaceuticals & Cosmetics                              47.68                                 13.88                               238.07                               170.34              1,530              1,714 2005 122 Easy Debit Payment Solutions Pty Ltd. Easy Debit South Africa Fintech, Financial Services & Insurance                              44.98                                 13.18                                   4.41                                   3.45                   35                   32 2014 123 Jibu Inc. Jibu Rwanda Food & Beverages                              37.93                                 11.32                                   3.30                                   2.39                 136                   87 2012 124 Geo4Net S.A.R.L. Geo4Net Morocco IT & Software                              34.79                                 10.46                                   1.62                                   1.27                   27                   31 2008 125 Med — Optics Ltd. Med — Optics Vision Centre Uganda Health Care & Life Sciences                              28.17                                   8.62                                   1.88                                   1.46                   38                   45 2002

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