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RECOGNITION

The vital work of African innovators is gaining more global recognition

An employee of tech start-up Sendy, which offers online logistics services, works on her computer at their office in Nairobi
Reuters/Baz Ratner
Competition is rising for Kenya’s tech talent
By Yomi Kazeem
Published Last updated This article is more than 2 years old.

African innovators keep winning global plaudits with increased attention paid to their work and its impact.

The latest nod comes from Fast Company magazine’s annual list of The World’s 50 Most Innovative Companies. African Leadership University was named on the diverse list of 50 companies across the world making “the most profound impact on both industry and culture.”

The listing is a recognition of ALU’s rapid growth since being founded in 2015 by Fred Swaniker. The Mauritius-based institution’s ambitious goal of redefining education on the continent has been backed with over $80 million in just over three years, as Quartz Africa has reported.

ALU
The African Leadership Univeristy campus in Mauritius

While ALU was the only African company named to the main list, Fast Company also lists ten innovative companies across sectors and regions including Africa, India, China, Latin America, Europe and the Middle East. Its Africa coverage notes the impact of Flutterwave, the Nigerian-founded payments company that’s now expanded to seven African countries. Flutterwave has already raised over $20 million. Other companies named include in Flare, an on-demand ambulance network in Kenya and Aerobotics , a Cape Town-based agri-tech company.

The focus of the companies listed reflects some of Africa’s biggest lingering problems with companies working in education, payments, healthcare, solar energy, boosting agriculture among others all named.

African Leadership University
Education
Mauritius
Flutterwave
Online payments
Nigeria
Flare
Healthcare
Kenya
Sanku Project Healthy Children
Nutrition
Tanzania
Farm to Market Alliance
Agri-tech
Kenya
Talamus Health
Healthcare
USA
Yego Innovision
Transportation
Rwanda
The Sun Exchange
Solar energy
South Africa
Ovamba Solutions
Finance
Cameroon
Aerobotics
Agri-tech
South Africa

With startup hubs consistently sprouting across the continent and outside major capital cities, a culture of innovation is deepening across the continent. It’s also fostering the strong potential for a pipeline of innovative companies emerging. And just as importantly, the steady increase in investment dollars committed to African startups also suggests the continent’s most promising companies will continue to be backed.

The nod from Fast Company is the latest for Africa’s leading innovators from notable Western media. Last October, Time magazine named six African companies—Bitland, BRCK, Babymigo, AgriProtein, Ona and Wonderbag—in its list of 50 Genius Companies.

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