One the eve of the World Economic Forum (WEF) on Africa, to be held in Nigeria’s capital Abuja, the organisation has announced its selection of sub-Saharan Africa’s most dynamic and high-growth companies.
The WEF says these 16 African global growth companies (GGCs) have “clear potential to become global economic leaders”.
While the 16 nominated African GGCs come from a wide range of sectors, they share a “track record in exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship”, according to the WEF.
The selected companies are:
- Nation Media Group (Kenya)
- Bidco Oil Refineries (Kenya)
- GML (Mauritius)
- Nagode Group (Nigeria)
- UAC of Nigeria (Nigeria)
- Computer Warehouse Group (Nigeria)
- Interswitch Limited (Nigeria)
- Notore Chemical Industries (Nigeria)
- Seplat Petroleum Development Company (Nigeria)
- Growthpoint Properties (South Africa)
- Capitec Bank Holdings (South Africa)
- Webber Wentzel (South Africa)
- KZN Oils (South Africa)
- Net1 UEPS Technologies (South Africa)
- Tekkie Town (South Africa)
- Simba Group (Uganda)
The WEF on Africa kicks off tomorrow, with over 1,000 leaders from business, government, civil society and academia expected to attend.