The Startup Ecosystem of Angola

Angola has 1 city in the top 1000 and is one of Central Africa’s best countries for setting up a startup.

COUNTRY RANKING

Angola’s startup scene remains stable in 2023 on the 97th position, having kept 1 city in the global top 1000.

Population

35.6
Million

Regional Ranking

1st
0
In Central Africa

Global Ranking

97th
0
Worldwide

Ecosystem

Startup Ecosystem Overview


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Angola is one of Africa’s largest economies, transitioning from an oil and gas-based economy to a more diversified economy. However, the Angolan entrepreneurial ecosystem is in its infancy. Still, Angola has a promising future with a number of initiatives taking place, which have already contributed to an increasing number of startups in the country. Recently, the Angolan government has taken an important step towards improving the technological infrastructure by announcing a project to construct a unified national cloud for government departments, including building two data centers and renovating the existing one. This project will provide high-speed internet connectivity to all government departments and help unify data from all ministries. The initiative will tackle one of the most important challenges for startups, which is the high level of bureaucracy.
Another impactful initiative for startups was a step by the national Empretec host institution, Prestígio – Liga de Jovens Empresários e Executivos de Angola. The organization signed an agreement with UNCTAD to coordinate the delivery of future Empretec training sessions in Angola. Empretec is a program established by the UNCTAD to promote the creation of sustainable, innovative, and internationally competitive SMEs. Moreover, the International Finance Organization has partnered with Acelera Angola (an Angolan incubator and accelerator) to help Acelera expand, support innovative tech startups, and contribute to the economic growth in the country. Finally, the Angola Innovation Summit is a global online event bringing entrepreneurs, policymakers, VCs, and academics together, especially from African Portuguese-speaking countries. It has an important role in increasing the reputation of Angola as an innovation hub.
However, high taxes and lack of funding remain the major challenges for Angolan startups. With the right public sector initiatives, we are hopeful that startups will continue rising across Angola, capitalizing on the digital revolution to provide a significant boost to the economy.

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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Angola

In 2023, Angola register a rise in Ecommerce & Retail startups. Some of the most notable success stories in this industry are those of , Tupuca.

Global Rank

Angola is ranked within the top 100 startup ecosystems globally.

Top Industries

Angola’s startup scene is best represented in Ecommerce & Retail, Fintech, and in Software and and Data.

Top Cities for Startups in Angola - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
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Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
575th
+
56
0.386
00.00
00.00
00.00
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Startups

Notable Startups in Angola
Tupuca startup icon
Tupuca
Jobartis startup icon
Jobartis
AngoCarro startup icon
AngoCarro

Startups

Successful Ecommerce & Retail startups in Angola
Jobartis startup icon
Jobartis
AngoCarro startup icon
AngoCarro
AngoCasa startup icon
AngoCasa

Startups

Startups Ranking by Industry

Ecommerce & Retail icon
Ecommerce & Retail
#65 worldwide

On our map, you can explore a total of 9 startups for Ecommerce & Retail.

Fintech icon
Fintech
#77 worldwide

In Central Africa, Angola's Fintech is in top 77. Angola has a concentration of about 9 of the region's total Fintech startups that are represented on our map.

Software and Data icon
Software and Data
#90 worldwide

Angola's Software and Data is ranked 90th in the world. Our database contains 8 for this industry.

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