In the FT:
Africa’s top 40 companies are emerging as competitors on the global stage, propelled by economies whose performance now rivals the Bric nations, according to new research by the Boston Consulting Group.
According to the study, to be published on Tuesday, 500 African companies have been growing at more than 8 per cent a year since 1998. The report selects the top 40 among them, ranging in size from $350m (€285m, £240m) to $80bn, and argues that these companies, already regional players in mining, consumer industries and services, are now well positioned to “spread their wings and look beyond the continent”...[continue reading]
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