Top 7 fastest-growing healthtech companies in Africa 

The face of healthcare in Africa is rapidly evolving. What was once a sector marred by underinvestment, logistical inefficiencies, and inaccessibility is now seeing explosive growth fueled by digital innovation, rising urban demand, and improved diagnostics.

The Financial Times and Statista’s 2024 ranking of Africa’s Fastest-Growing Companies reveals a surprising trend as healthcare is one of the continent’s hottest growth sectors. Healthcare players are making strong showings, with several recording triple-digit growth rates and multimillion-dollar revenues. From specialty hospitals to vision care to dialysis networks, African health firms are scaling at rates that would be the envy of any Silicon Valley startup.

Here’s a list of the continent’s fastest-growing healthcare players not just saving lives, but building the infrastructure of a modern African healthcare economy.

1. Evercare Hospital Lekki (Nigeria)

• FT Rank: #18
  

A gleaming hospital in Lagos backed by the Evercare Group, this flagship medical facility symbolises rising demand for premium care in Africa’s megacities. Themodel blends private equity capital with clinical excellence making world-class healthcare more available to Nigeria’s growing middle class. It was founded in 2017.

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2. Lapaire Glasses (Côte d’Ivoire)

• FT Rank: #49
  

Lapaire offers affordable vision care through direct-to-consumer optical services. Operating across several African countries, it combines eye testing, production, and delivery into a streamlined experience critical in regions where access to optometrists remains limited.

3. Akdital (Morocco)

• FT Rank: #54
  

Akdital is Morocco’s largest private hospital group and one of the biggest healthcare players in North Africa. Its expansion reflects growing private sector involvement in care delivery, with a strong emphasis on infrastructure and specialist services.

4. Africa Healthcare Network (Mauritius/East Africa)

• FT Rank: #76

Africa Healthcare Network (AHN) operates dialysis clinics across East Africa. It is one of the first regional players to focus exclusively on chronic kidney care; an increasingly critical need in Africa’s evolving disease burden landscape.

5. GoodX Software (South Africa)

• FT Rank: #90
  

A veteran in the field, GoodX Software provides practice management and billing solutions for healthcare professionals in Southern Africa. Its consistent growth highlights the rising digitisation of health administration and finance.

6. St. Nicholas Hospital (Nigeria)

• FT Rank: #95
  

Founded in 1968, St. Nicholas Hospital is one of Lagos’ most reputable private hospitals. Its enduring growth stems from trust, medical quality, and gradual facility upgrades making it a legacy player adapting to new healthcare dynamics.

7. H.A.S.S. Group (South Africa)

• FT Rank: #117
  

H.A.S.S. Group has long been involved in health diagnostics and medical services in South Africa. Its steady expansion speaks to operational resilience in a mature but highly competitive market.

Forget just apps and AI. Africa’s real healthcare boom is happening in infrastructure, logistics, and localized delivery models. The companies above aren’t just innovating. They are meeting urgent, real-world needs with scalable tech-enabled models.