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FoodCo Ranks 39th Among Financial Times Top 100 Fastest Growing African Companies

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FoodCo, a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment, has been ranked 39th out of the 100 fastest growing companies in Africa by the Financial Times and Statista.

The companies were ranked based on their Compound Annual Growth Rate (CAGR) between 2018 and 2021, and FoodCo was the only modern retail player among the 26 Nigerian companies featured on the list.

This is the second consecutive year that FoodCo has made the list, and CEO Ade Sun-Basorun expressed gratitude to the Financial Times for the recognition and to FoodCo staff and customers for their support.

 FoodCo operates the largest supermarket chain brand in South-West Nigeria outside Lagos and is ranked among the Top 5 supermarket chain brands in the country. It is also one of only two omni-channel retailers in Nigeria and has become an important access-to-market channel for small-scale and cottage industries in South-West Nigeria.

source; thisdaylife 
https://www.thisdaylive.com/index.php/2023/05/12/foodco-ranks-39th-among-financial-times-top-100-fastest-growing-african-companies/



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