Cape Town-based coworking and coliving operator AfricaWorks was ranked fifth in the Financial Times' 2025 "Africa's Fastest Growing Companies" list, making it the only coworking company in the top tier based on growth between 2019 and 2022. Founded in 2019, they operate over 25k sqm of office space across 15+ locations in Dakar, Accra, Lagos, Abidjan, Johannesburg, Cape Town, and Lusaka.

AfricaWorks achieved revenue growth of over 3,500% during the measurement period, multiplying revenue by 40x to reach approximately $5M in 2022, while employing 150 people (or $33.3k p/employee). The company serves over 1,000 corporate clients including Spotify, TikTok, L'Oréal, Mastercard, and Flutterwave, and this marks its fourth consecutive year appearing in the FT ranking.