The Startup Ecosystem of Cape Verde

Cape Verde boasts 2 cities in the top 1000 and is one of Western Africa’s best countries for setting up a startup.

COUNTRY RANKING

Cape Verde’s startup scene saw an increase in 2022 and jumped 7 spots from the previous year, outranking Mongolia.

Population

0.6
Million

Regional Ranking

2nd
+
1
In Western Africa

Global Ranking

80th
+
7
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Cape Verde

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Ecosystem

The Startup Ecosystem in Cape Verde

In 2022, Cape Verde register a rise in Software and Data startups. Some of the most notable success stories in this industry are those of , PassID.

Global Rank

Cape Verde is ranked within the top 100 startup ecosystems globally.

Top Industries

Cape Verde’s startup scene is best represented in Software and Data, Ecommerce & Retail, and in Marketing & and Sales.

Top Cities for Startups in Cape Verde - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
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Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
606th
+
18
0.494
0.16
0.07
0.26
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Startups

Notable Startups in Cape Verde
PassID startup icon
PassID
SilferBots startup icon
SilferBots
Smart City Foundation startup icon
Smart City Foundation

Startups

Successful Software and Data startups in Cape Verde
PassID startup icon
PassID
SilferBots startup icon
SilferBots
NhaBex startup icon
NhaBex

Startups

Startups Ranking by Industry

Software and Data icon
Software and Data
#66 worldwide

On our map, you can explore a total of 23 startups for Software and Data.

Ecommerce & Retail icon
Ecommerce & Retail
7 startups

Cape Verde boasts 7 startups in Ecommerce & Retail on our map.

Marketing & Sales icon
Marketing & Sales
5 startups

Our database contains 5 for Marketing & Sales in Cape Verde.

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]