How do these African countries compare in terms of startup ecosystem and funding size?


From two separate reports, we take a look at how some African countries compare in terms of their startup ecosystems and respective investment sizes.

First, is a report published by StartupBlink.

StartupBlink gathers data of registered startups, accelerators, and coworking spaces from its community and partners such as Crunchbase and SimilarWeb to track both momentum and trends within startup ecosystems. Last year, its 2019 Global Startup Ecosystem Rankings report ranked the startup ecosystems of more than 1,000 cities and 100 countries around the world.

The scores given to each city and country by StartupBlink are a sum of three factors — quantity of startups and other supporting organisations, quality of startups and other supporting organisations, and business environment.

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According to the report, Lagos emerged as Africa’s best city startup ecosystem ahead of Nairobi and Cape Town. The Nigerian city, now a top 100 city, ranked 99th with a score of 8.044; Nairobi ranked 105th with 7.918; and Cape Town ranked 157th with 7.527.

To…



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