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Finance TOP 8 AFRICAN CITIES WITH THE MOST DEVELOPED STARTUP ECOSYSTEMS

Top 8 African cities with the most developed startup ecosystems

1. Lagos, Nigeria : According to the report, Lagos has jumped 41 places to 81st globally and is the first African city to break into the top 100

2. Cape Town, South Africa : 1st nationally, Cape Town has decreased by two spots to 147th globally but has moved up to the 2nd highest ranked city in Africa at the expense of Nairobi.

3. Johannesburg, South Africa : Although decreasing six spots to 158th globally, Johannesburg ranks 2nd nationally and is climbing to 3rd position in Africa, also profiting from Nairobi's decline.

4. Cairo, Egypt : The only ranked city in the top 1000, Egypts capital of Cairo, has seen a jump of 20 spots to rank 160th globally and 4th in Africa, with a slight lead over Nairobi (5th) and a small gap from Johannesburg (3rd).

5. Nairobi, Kenya : The city of Nairobi is out of the global top 150 and has decreased 27 spots to 163rd, but still ranks 1st in Eastern Africa.

6. Accra, Ghana : Accra, the only city from Ghana to make the global top 1000, has lost 15 positions to rank 296th, still in the top 300. Accra is ranked 6th in Africa and 2nd in Western Africa

7. Casablanca, Morocco : Casablanca has maintained its growth momentum from 2021 and improved by another 39 spots to 325th globally. Casablanca is now 7th in Africa and 2nd in Northern Africa, displacing Tunis.

8. Kigali, Rwanda : The only ranked city in Rwanda is Kigali, which decreased 130 spots to rank 395th.

Source: Business Insider


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