Financial Times names BHM among fastest growing African companies

Ayeni Adekunle
BHM CEO, Ayeni Adekunle

Financial Times (FT) has included BlackHouse Media (BHM) in the list of Africa’s fastest-growing companies in 2023.

The Lagos-based reputation management and marketing communications firm made its debut in the list of 100 companies at number 87.

The list showed that BHM increased its revenue by 14.4 per cent over the past three years (2018–2021).

FT said the ranking, now in its second year, showed that companies in sectors including fintech, renewable energy, healthcare, commodities and agriculture were managing to grow their businesses while much of the world shut down.

The London media outfit said similar to the ranking’s inaugural year, the COVID-19 pandemic appeared to have accelerated the move online, with companies providing digital services in finance, payments, trade facilitation and healthcare all making headway.

Founder and chief executive officer of BHM Ayeni Adekunle said in a video posted on Instagram that although the road has been hectic it has also been fulfilling.

He also announced that the company would be launching in the United States following its establishment in the United Kingdom, Ghana and Kenya. He said the US operations would begin in August.

On the FT’S ranking, Mr Ayeni said, “It’s a big deal for us, not only because we are the only communications services company on the list, but because we are in great company – right there with some of the biggest brands on the continent; many that we look up to and have had the privilege of working for. It’s humbling and inspiring.”

BHM has received accolades since its inception in 2006.

Last month, the company was recognised as a finalist for the Africa PR Consultancy of the Year award at PRovoke Media’s 2023 SABRE Awards EMEA.

In December 2022, it was named the public relations Agency of the Year at the annual awards of the Nigerian Institute of Public Relations (NIPR) Lagos chapter.