Lagos State has been named the best startup’s ecosystem in Africa ranking ahead of Nairobi (Kenya), and Cape Town (South Africa). This is as per StartupBlink’s 2019 Global Startup Ecosystem Rankings report that aids the analysis of startup ecosystems in one thousand cities and one hundred nations.
Lasgidi polled 8.044, and ranked 99, ahead of Nairobi (7.918), which ranked 105. Cape Town is third in Africa (7.527), at 157th position globally.
The report read, “We are confident that if infrastructure is improved, Nigerian founders will be able to move forward for the benefit of their country and economy. Relatively stable after climbing one spot in the global rankings, Nigeria seems to be enjoying good momentum.”