M-Kopa and KCB Group among 11 Kenyan companies listed as Africa’s fastest-growing firms
11 Kenyan companies have secured spots among Africa’s 130 fastest-growing firms, demonstrating the country’s robust performance in the continent’s dynamic business landscape- according to a recent Statista ranking.
The ranking evaluates companies based on their compound annual growth rate (CAGR) over recent years, providing a standardised measure of growth across sectors.
According to Statista, the fourth edition of Africa’s Growth Champions ranks companies by percentage revenue growth between 2020 and 2023.
To be included in the list, companies had to be independent and have primarily organic revenue growth from at least 100,000 USD generated in 2020, rising to 1.5 million USD by 2023.
