In a remarkable achievement, Winock Solar Nigeria Ltd has been ranked 15th on the Financial Times' 2025 list of Africa’s Fastest-Growing Companies, a powerful endorsement of its mission to deliver clean, reliable energy to underserved communities.
Now in its fourth year, the FT-Statista ranking evaluates companies across the continent based on their compound annual growth rate (CAGR) between 2020 and 2023. The 2025 edition highlights 130 companies, with nearly 40% coming from the fintech, IT, and software sectors—reflecting a strong digital shift across Africa.
Nigeria and South Africa dominate the list, contributing 79 companies combined, underlining both nations’ entrepreneurial ecosystems and market resilience. Winock Solar’s inclusion demonstrates the growing impact of clean energy innovators within a list typically dominated by asset-light tech startups.
This recognition not only positions Winock Solar among the continent’s most dynamic businesses but also affirms the role of sustainable energy in driving inclusive growth and innovation in Africa.
Originally published by Financial Times
