Fast Company has announced its list of Innovative Companies of 2024 from around the world. The company releases its world’s annual ranking of the world’s most innovative companies from different industries every year.
This year, the company listed the following African companies on its list
Select African Companies On The 2024 List
IoT.nxt (South Africa)
South African internet-of-things company IoT.nxt developed a software that predicts power cuts before they occur. Originally designed to address local load shedding, it is now used worldwide, including by the European Space Agency.
Turaco (Uganda)
On the other hand, Ugandan insurance company Turaco offers accessible insurance policies that users can buy directly just by dialing a USSD code on their phones.
Flutterwave (Nigeria)
Nigerian fintech Flutterwave is steadily growing and enabling users to access various currencies from their phones safely. The company has also expanded its remittance product, targeting a market of 200 million people in Africa.
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