Condia Insider: Africa’s non-tech fastest growing companies
- The Financial Times' 2024 ranking includes non-tech companies like hospitals, construction firms, and food processors alongside tech firms.
- Some non-tech companies posted growth rates that rival their tech counterparts, showcasing their significant impact on the economy.
- South Africa and Nigeria dominate the list with 51 and 25 companies, respectively, reflecting their larger market sizes.
The recognition of non-tech companies in Africa's growth narrative is crucial, as it highlights the diverse avenues for economic development beyond the tech sector. This calls for a more inclusive approach to business success stories, where both tech and non-tech sectors collaborate to create a more robust economy. Addressing the challenges faced by smaller countries in gaining visibility and support is essential for a balanced growth narrative.
