Home > Wealth > REPORTS: Lagos now Africa’s leading startup hub

REPORTS: Lagos now Africa’s leading startup hub

INSIDEMAINLAND – Lagos State has emerged as Africa’s leading startup hub ahead of Nairobi, Kenya.

The ranking was according to the Global Startup Ecosystem Index 2021, released by StartupBlink.

“The Nigerian city of Lagos has become the top African startup ecosystem, ranked 122nd after switching places with Nairobi, Kenya, which now ranks 136th,” the report said.

Also, Lagos State ranks among the top 50 cities in the world for E-commerce & Retail Technology and in the global top 100 for both Transportation Technology and Education Technology, the report said.

Ibadan, capital of Oyo State, saw a massive increase in ranking, jumping 601 spots to 353rd globally and second in Nigeria, surpassing the Nigerian capital of Abuja.

The nation’s capital ranked 3rd nationally, fell 12 spots to 466th, while Port Harcourt decreased by 6 spots to 906th.

The report said the newest Nigerian city in the rankings, Enugu, ranks 978th globally and 5th nationally.

Benin City increased nine spots to 979th, while Kano jumped 14 spots to 981st.

In total, Nigeria has seven cities in the global top 1000 and continues to have the highest number of ranked cities of any African nation.

Source: PremiumTimes

Comments

comments