South Africa has the most developed startup ecosystem in Africa, ahead of Kenya, Egypt and Nigeria according to a new report released by Startupblink, a global startup ecosystem map with tens of thousands of registered startups, co-working spaces, and accelerators.
Startupblink’s global ranking index comprises of 125 countries and 900 cities measuring startup ecosystem strength and activity, and finds the top countries in Africa are South Africa, Kenya, Egypt, and Nigeria, ranked 38th, 53rd, 54th and 57th respectively. Their top cities were Cape Town, Nairobi, Cairo, and Lagos.
The United States (US), United Kingdom (UK), Canada, Israel and Germany took the top five places on the ranking, with North African countries Tunisia (65) and Morocco (67) the next African markets to feature.
Mauritius (73), Ghana (83), Cameroon (85), Uganda (88), Zambia (89), Botswana (93), Mali (99) and Ethiopia (100) were the other African ecosystems to make the global top 100.
Two African countries were also ranked joint last of the 125 startup ecosystems Startupblink has data for. The Democratic Republic of Congo (DRC) and Sudan scored the same total as Cuba and Afghanistan to prop up the rankings.
Those interested can check out the ranking tables here.