LONDON Stock Exchange (LSE) has rated Zimbabwean entity, ZONFUL Energy among Africa’s top 360 inspiring companies in a development indicating vast potential in the firm.
The LSE Inspire Africa 2019 report, which identifies a new cohort of fast growing and dynamic private businesses across the continent, confirmed the development which has seen the emerging energy firm being ranked alongside the continent’s powerful brands.
The report says that Nigeria and Kenya have the most companies featured and such entities have an investment turnover rate of 46 percent while 23 percent of the companies are increasingly hiring women to be in leadership positions.
Consumer Services have emerged to be the most represented sector with 79 companies – reflecting the growing middle class and the increasing importance of consumer products and services in African economies.