Esoko has been named one of Africa’s Fastest-Growing Companies in 2025 by the Financial Times and Statista, earning recognition for its role in transforming digital agriculture across the continent.
Between 2020 and 2023, Esoko achieved an absolute revenue growth of 62.8% and a compound annual growth rate (CAGR) of 17.6%, with revenue growing from $2.92 million to $4.75 million. Over the same period, its team expanded from 23 to 37 employees.
Founded in 2008, Esoko develops digital solutions that enable smallholder farmers to make better-informed decisions and improve their livelihoods. The company provides real-time weather forecasts, up-to-date market price alerts, personalized agronomic advice, and digital profiling tools that allow for better targeting and delivery of services. It also enables extension officers, agribusinesses, and governments to communicate with farmers using mass SMS platforms tailored for low-connectivity environments.
A key strength of Esoko’s model is its agent-driven network. Through this network, trained local agents engage directly with farmers in rural communities, helping them register on the platform, access digital services in their local languages, and navigate agricultural information that is often otherwise out of reach. These agents play a critical role in collecting data, delivering timely information, and building trust between farmers and the technology.
By integrating these tools with a human-centred delivery model, Esoko has managed to bridge the digital divide and drive meaningful adoption of agri-tech services among last-mile communities. This approach has not only increased farmers’ access to timely and actionable insights but has also contributed to improvements in productivity, income stability, and climate resilience.
The FT-Statista ranking highlights Africa’s fastest-growing companies based on revenue growth from 2020 to 2023, spanning sectors like tech, agriculture, and finance.
