New list of Kenya’s little-known firms earning billions revealed

VictoryFarm1

An aerial shot of Victoria Farm, an aquaculture firm in Homa Bay County. Victoria Farms was ranked third and number 15 in the continent with a CAGR of 87.8 percent and sales of $17.3 million (Sh2.35 billion). FILE PHOTO | POOL

Little-known Kenyan firms providing digital services in trade facilitation, agriculture and healthcare have emerged as the fastest-growing businesses in Africa, according to a new report that ranks Nairobi as the third-largest home for the quickest-expanding companies in the continent.

The Financial Times (FT) annual ranking of Africa’s fastest-growing companies, now in its second year shows that 12 of 100 such firms are located in Kenya.

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Note: The results are not exact but very close to the actual.