We are proud to announce that Innovo Networks has been recognised by the Financial Times and Statista as one of the Top 20 Fastest-Growing Companies in South Africa. This prestigious recognition, published in the Financial Times’ third annual ranking of Africa’s high-growth businesses, places Innovo Networks at #11 in South Africa and #36 across the African continent.
Despite South Africa’s current economic challenges, including low GDP growth and a per capita recession, Innovo Networks has demonstrated remarkable resilience and upward momentum. With an annual growth rate of 60.88%, our company has distinguished itself in the Media sector, joining a list of only 41 South African companies celebrated for their rapid growth and industry impact.
“This recognition affirms our dedication to innovation, client satisfaction, and consistent value delivery,” said the Innovo Networks team. “We are deeply honoured to be listed among the continent’s most dynamic and forward-thinking enterprises.”
About the Report
The Financial Times collaborated with research firm Statista to compile a list of 125 African companies showing exceptional compound annual growth rates. South African firms made a particularly strong showing, accounting for a significant share of the continent’s high-performing businesses despite macroeconomic pressures.
Notable companies alongside Innovo Networks on the list include Tymebank, HearX Group, and Deimos Cloud, each a testament to the strength of South Africa’s entrepreneurial and technological landscape.
You can read the full article and view the complete list here:
🔗 The Fastest-Growing Companies in South Africa – BusinessTech
We thank our clients, partners, and dedicated team for being part of this journey. This milestone is just the beginning.
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