OmniRetail, M-KOPA, Thndr, Termii and 26 other African startups made the Financial Times’ 2026 ranking of Africa’s Fastest-Growing Companies, an annual list that features 130 high-growth businesses across the continent.
The FT list, produced in partnership with research company Statista, identified African companies with a minimal compound annual growth in revenues (CAGR) of 9.27% between 2021 and 2024. Selected companies must have generated revenue of at least $100,000 generated in 2021 and at least $1.5 million in 2024, and be headquartered in an African country.
In 2025, six Nigerian startups, Moniepoint, OmniRetail, PalmPay, Termii, Remedial Health, and Paga, and nine other African startups made the ranking, compared to this year’s 30 startups.
The list featured companies across fintech, healthtech, logistics, e-commerce, clean energy, hospitality, and enterprise software, although the fintech, IT, and software sectors continued to dominate the ranking, accounting for nearly 40% of the companies featured.
Egypt produced the top-ranked company for the first time with investment platform Thndr, while Kenya edged ahead of Nigeria in total company representation, with 17 companies compared to Nigeria’s 16. South Africa remained the most represented country overall with 52 companies on the list, continuing its long-standing dominance in the ranking.
