The Financial Times ranking of Africa’s fastest-growing companies, now in its fifth year, continues to throw up surprises.

This year, an Egyptian business has topped the list for the first time, Kenya has leapfrogged Nigeria into second place behind South Africa in terms of the number of companies represented, and several big businesses have joined the usual roster of fintechs and start-ups.

One thing remains the same. If anything, South African companies consolidated their dominance notching up no fewer than 51 of the 130 fastest-growing businesses. That put South Africa ahead of Kenya with 17 top-ranked companies, Nigeria (16), Mauritius (12) and Tunisia, which made a first-time appearance in the top 5, with 6.

Read the full article with ranking in the Financial Times here. City Lodge Hotels was ranked 45th.