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Lagos Emerges Africa’s Startup Capital

Lagos, Nigeria’s most populous city, has surpassed Nairobi, Kenya and is now the highest-ranking city in Africa, gaining 5 spots to 122nd. Kenya now ranks 136th.

Lagos among Top 50 global cities for E-commerce & Retail Technology

Lagos is also ranked in the global top 50 cities for E-commerce & Retail Technology and in the global top 100 for both Transportation Technology and Education Technology. The Nigerian city of Lagos has become the top African startup ecosystem, ranked 122nd after switching places with

Ibadan jumps 601 spots to rank 353rd globally
May be an image of text that says ‘National Rank City 1 Global Rank Lagos Rank Change (from 2020) 2 Total Score 122 Ibadan 3 +5 353 4.693 Abuja Overperforming Industry E-commerce & Retail +601 466 0.688 Port Harcourt 5 -12 906 0.419 Enugu -6 978 0.135 new 0.079’
Ibadan, western Nigeria, saw a massive increase in ranking, jumping 601 spots to 353rd globally and 2nd in Nigeria, surpassing the Nigerian capital of Abuja. The latter, ranked 3rd nationally, fell 12 spots to 466th, while Port Harcourt decreased by 6 spots to 906th. The newest Nigerian city in the rankings, Enugu, ranks 978th globally and 5th nationally. Benin City has increased 9 spots to 979th, while Kano jumped 14 spots to 981st.

In total, Nigeria has 7 cities in the global top 1000 and continues to have the highest number of ranked cities of any African nation.

The Global Startup Ecosystem Index by StartupBlink has been updated annually since 2017 and is the world’s most comprehensive startup ecosystem ranking of 1000 cities and 100 countries. The Global Startup Ecosystem Index is built using hundreds of thousands of data points processed by an algorithm which takes into account several dozens of parameters.

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