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