Some 10 Kenyan firms, led by electric mobility company Roam, are in the list of Africa’s 130 fastest-growing, even as the country trails two of the continent’s biggest economies, Nigeria and South Africa.
Retail chain Quickmart, Serena Hotels, KCB Group and Co-operative Bank are also in the list dominated by firms dealing in goods and services with a high consumer demand.
Fifty companies are from South Africa and 28 from Nigeria, with the pair accounting for a combined share of more than half of the 130, reflecting the size and entrepreneurial depth of the two economies.