AFEX, Pan African Commodities Player, Ranks 5th on 2024 Fastest Growing Companies in Africa List
- AFEX ranks 5th on the Financial Times' ranking of Africa's Fastest-Growing Companies in 2024.
- AFEX achieved a compound annual growth rate of 287.82% in revenue from 2019 to 2022.
- AFEX's strategic expansion plan, Project Black Panther, aims to replicate its business model in 9 African countries in the next decade.
AFEX's consistent growth and recognition as one of Africa's fastest-growing companies is a testament to its resilience and strategic approach. Despite facing challenges like the COVID-19 pandemic and market uncertainties, AFEX has managed to achieve remarkable revenue growth. The company's commitment to improving cross-border trade and addressing food insecurity in Africa through innovative financial instruments and expansion plans is commendable.
