The Nigerian startup ecosystem has been ranked 61st globally and second in Africa on the Global Startup Ecosystem Index by StartupBlink.
Nigeria displaced Kenya to spot 62 and third in Africa. According to the ranking, South Africa is the highest-ranked African country at 49th and the only African country in the global top 50. Lagos is the highest-ranked African city, and only in the global top 100 on the list.
The Global Startup Ecosystem Index has been updated annually since 2017 and is a comprehensive startup ecosystem ranking of 1000 cities and 100 countries.
