Professional services firm, Deloitte, has completed the Deloitte Technology Fast50 Africa Programme which recognises technological innovation and company growth on the continent.
The Fast50 Africa Programme is focused on recognising companies that have achieved the fastest rates of revenue growth in Africa over the past five years.
The top 5 winners of the Fast50 Africa, according to ranking and growth rate, are Interswitch Limited, Nigeria which achieved 1226% growth, Techno Brain of Kenya with 621% growth, Everlytic of South Africa with growth of 606%, T.A Telecom of Egypt at 560% growth and Adapt IT of South Africa at 295% growth. The winners – Interswitch – based in Nigeria is an integrated payment and transaction processing company that provides technology integration, advisory services, transaction processing and payment infrastructure to government, banks and corporate organisations.
Alicia Obasare of Interswitch Nigeria added the following with regards to their massive quadruple figure growth, “Interswitch created the e-payments industry to address the peculiar needs of Nigerians (24/7 cash access), and further developed the industry through product innovation, product creation and localisation of competencies. We saw greater growth opportunities as we narrowed in on industries, placing greater focus around the critical sectors, such as oil and gas, aviation, hospitality, retail and e-commerce. Today, we’re proud to say that we’ve crafted a win-win model for our customers and staff whose support both now and during that time bear testament to the success of the company today.”
READ ALSO: COVID-19: Interswitch put off 2020 National Science Competition indefinitely
Walter Penfold of Everlytic had this to say of their achievement, “At Everlytic we are constantly striving to be the best at what we do and to delight our customers in the process. This innate drive for perfection is the primary reason for our rapid growth over the last five years.”
We view our growth rate as a key indicator of success and will continue to focus on it to reach even greater heights in the future.”
“We have seen phenomenal growth from all of the Deloitte Technology Fast50 Africa entrants and are very enthusiastic as to what this means for the technological development of the African continent,” says Kamal Ramsingh, technology leader, Africa at Deloitte.”
