Kawai Technologies ranks 8th in FT Africa’s Fastest Growing Companies 2022 –

Kawai Technologies ranks 8th in FT Africa’s Fastest Growing Companies 2022 – The Sun Nigeria

By Merit Ibe 

Kawai Technologies Ltd  has been ranked the 8th among Africa’s fastest growing companies in 2022 by the Financial Times (FT).

The inaugural FT list was compiled with statistica, a research company and ranked African companies by their Compound Annual Growth Rate (CAGR) in revenue between 2017 and 2020.

Are you a Man 40 yrs and above? Do not miss the Vital Information, it goes off in 2 days! CLICH HERE to READ .

It  provides a snapshot of corporate landscape on a continent where technology, Fintech and support- service business have had to adapt to a radically altered environment.

According to FT, chief among the recent challenges has been operating within the tough restrictions introduced by many African governments to combat Covid-19.

Africa’s Fastest Growing Companies 2022 lists 75 companies, ordered by the highest compound annual growth (CAGR) in revenues between 2017 and 2020, based on the criteria.

The ranking was created through a complex procedure. Although the search was extensive, the list is not exhaustive as some companies did not want to make their figures public or did not participate for other reasons.

READ ALSO:  NITDA seeks withdrawal of publication alleging N1 billion funding from NCC

Statista identified thousands of companies in Africa as potential candidates for the ranking, through research in company databases and other public sources. These companies were invited to participate in the competition by post and email.

Premature Ejaculation & “Small Joystick” Resolved in 7Days… Click Here For Details .

Wasoko, formerly Sokowatch, which heads the ranking, is one of the several companies on the continent seeking to cut the cost of doing business in the massive informal commerce sector by helping to deliver goods to traders more efficiently. The Kenyan company achieved the highest compound annual growth in revenues between 2017 and 2020 and, in March, raised $125million in a Series B funding round.

News Source


Tech Solutions with THE DGIT:

Build Your Websites and Mobile Apps

%d bloggers like this: