The Medical Concierge Group, a Ugandan health technology company, has been named among the fastest growing and dynamic privately-owned businesses in Africa by the London Stock Exchange Group.
The findings were published in the second edition of ‘Companies to Inspire Africa’, a prestigious report that identifies Africa’s most inspirational and dynamic private, high-growth companies.
The report aims at giving such companies global recognition and to attract foreign investment into the continent.
A total of 360 companies were selected from 32 countries. In Uganda, 30 companies were named alongside The Medical Concierge Group.
They include among other Aptech Africa Ltd, Britania Allied Industries, Growmore Seeds and Chemicals Ltd, Jesa Farm Dairy Limited, Naseco 1996 Limited, Nina Interiors Limited, Q-sourcing Limited, Shiv International Limited, Victoria Seeds Limited and Village Energy Limited.
Speaking on the report, David Schwimmer, the Chief Executive Officer of LSEG noted: “London Stock Exchange Group’s ‘Companies to Inspire Africa’ report showcases inspirational and entrepreneurial businesses from across the African continent, representing a wide variety of industries and countries”.
This report is aimed at improving awareness of the continent’s most dynamic companies, outstanding innovations, growth, and entrepreneurship in the various sectors to a global audience, officials say.
For a company to be listed, it has to be privately owned and consequently show an excellent rate of growth and potential to power African development.
On his part, the Managing Director of The Medical Concierge Group, Dr. Davis Musinguzi, said: “We are honored to make it to the London Stock Exchange’s list of Companies to Inspire Africa. It is a great springboard and encourages us to continue serving the people of Africa with innovative digital health to bring quality and affordable healthcare access for everyone in need.”
The recognition follows the recent unveiling of Uganda’s pre-eminent AI-powered chatbot dubbed Mirembe by the company. Mirembe relies on artificial intelligence for unaided triage and medical consultations.
This year’s report was created together with partner organizations like Asoko Insight, PriceWaterhouseCoopers (PwC), the African Development Bank and CDC Group.
The selection was made from a pool of 4,000 companies currently operating in Africa in various fields of endeavor.