Financial Times Recognises BHM for The Second Consecutive Year

The Financial Times (FT) has reaffirmed communications services company, BlackHouse Media (BHM) as one of Africa’s fastest-growing companies for 2024. BHM is the parent company of ID Africa Ghana, a pan-African public relations and communications advisory firm operating from Accra.

This marks the firm’s second consecutive year of inclusion on the FT list. According to the figures in the report, BHM’s continued success is attributed to its impressive market performance, highlighted by a compound annual growth rate (CAGR) of 29.27% between 2019 and 2022, and an absolute growth of 116%. This period of growth also coincides with the BHM’s expansion to Ghana in April 2022.

Among the select 150 organisations listed this year, Ghana asserts its presence with two other notable entries, including Hubtel Ltd., a fintech and delivery company, and KudiGo Inc, fintech and big data start-up.

Guided by a visionary leadership team led by Ayeni Adekunle, the founder and Group CEO of BHM, the company has charted an ambitious course toward sustained growth and global prominence, particularly in Ghana and across Africa Ayeni remarked: “The incredible support from our clients and partners across the world has been instrumental in our growth. This recognition is further validation of our strategic vision, and our ambition to build the first truly global communications services company with African roots.”

The ranking is compiled in collaboration with global data and business intelligence platform, Statista. The list ranks independent African companies by their organic, internally stimulated compound annual growth rate (CAGR) in revenue for the period under review.

“Being recognised among Africa’s fastest-growing companies by the Financial Times highlights our commitment to excellence across Africa. It’s a testament to our deep understanding of the local media landscape, allowing us to create tailored strategies that reach audiences across Ghana, West Africa, and beyond,” said Iretomiwa Akintunde-Johnson, Regional Manager for BHM, West Africa’s operation.

The company’s ethos is grounded in data-driven insights and comprehensive industry research, extending its footprint in the Ghanaian market, while positioning the firm as a trusted advisor for companies and businesses seeking to expand or enter Ghana’s dynamic landscape. With a proven track record, exemplified by reports like the Africa PR & Communications Report collating insights from over 50 practitioners, BHM offers invaluable guidance empowering organisations within and outside Ghana to navigate and thrive in the global marketplace.

In its global efforts, the organisation has spearheaded initiatives like the Global Day of Influence and World PR Day, showcasing its pioneering spirit in the field. These efforts have engaged over 10,000 practitioners across 60 countries, highlighting its global resonance and impact. Provoke Media further recognised the company’s remarkable growth by ranking it among the top three fastest-growing consultancies in Asia-Pacific, The Middle East, and Africa.

With world-class clients such as The Macallan in Ghana, and global and pan-African clients such as Heineken, Nigerian Breweries, FCMB Group Plc., MTN Nigeria, DSTV/Multichoice and Showmax,  the company remains steadfast in its “mission is to serve clients across the African continent and globally,” said Ayeni. “Every recognition we receive along the way strengthens our resolve to succeed. We have an unwavering belief in the continent and its people, and the value we can bring to the world.”

Originally founded in Lagos in 2006 by Ayeni, a former journalist, BHM has over the years solidified its position as a leading communications and public relations consultancy in Africa. Today, the company boasts a staff strength of about 100 professionals operating in Nigeria, Ghana, Kenya, Tanzania, and across Africa, as well as in England, Scotland and the United States.