2019 report identifies a new cohort of fast growing and dynamic private businesses across Africa
Sapient Vendors has been identified as one of London Stock Exchange Group’s Companies to Inspire Africa 2019. The report is a celebration of Africa’s and most dynamic growth businesses.
To be included in the list, companies needed to be privately held, and show an excellent rate of growth and potential to power African development. More detail on the methodology can be found in the report online at www.lseg.com/inspireafrica.
How Did we make the list of Companies to Inspire Africa 2019?
To build this list, London Stock Exchange Group collated companies nominated by our partners, development finance institutions, venture capitalists, private equity firms, impact investors and our research partner, Asoko Insight. London Stock Exchange Group used the financial data provided on the companies to establish the list, with the following criteria needing to be met for inclusion.
Companies must be active and privately held, with headquarters or their primary operations being run out of Africa.
Companies must have demonstrated growth over the past three years. Growth was evaluated in terms of revenues, numbers of employees, operational output or geographic expansion.
Independent company or consolidated group annual revenue must not exceed $1bn, for the years 2015-2017. Revenues are based on the company’s audited accounts.
Companies were required to provide details on the auditors for their financial accounts against which checks were carried out.