Nigerian B2B e-commerce startup OmniRetail Tops FT Africa’s Fastest Growing Companies list
- OmniRetail is the fastest-growing company in Africa with a revenue growth of 772.39% in 2022.
- Mauritian Kyosk Digital and South African Resourgenix Pty Ltd are ranked second and third on the list with revenue growth rates of 647.37% and 542.65% respectively.
- Moniepoint and Afex Commodities Exchange are among the top five companies with revenues of $149 million and $415 million respectively.
The ranking of OmniRetail as the fastest-growing company in Africa highlights the success and potential of B2B e-commerce startups in the region. The growing popularity of e-commerce firms disrupting retail distribution indicates a shift in consumer behavior and an opportunity for further growth in the sector.
