Lagos has 352 startups in our sample database. This represents about 73% of Nigeria’s startups. Lagos is the highest-ranked startup ecosystem in Nigeria.
While Lagos decreased by 1 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in Nigeria remained stable at 1 nationally since 2022.
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The health check tables allow you to look at the performance Lagos has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Lagos is ranked within the top 100 startup ecosystems globally.
Lagos’s startups excel particularly in Fintech where it ranks 38 and in Transportation, and Ecommerce & Retail. Find out more
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 82nd - 1 | 8.230 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 587th - 114 | 0.368 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 631st + 30 | 0.326 | 00.00 | 00.00 | 00.00 | |
4th + 1 | 841st new | 0.177 | 00.00 | 00.00 | 00.00 | |
5th - 1 | 961st new | 0.126 | 00.00 | 00.00 | 00.00 |
Within Lagos there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Transportation, Ecommerce & Retail. These three industries represent about 38% of the startups represented on the Startup Ecosystem Map of Lagos.
Lagos is Nigeria's 1st best startup ecosystem and is ranked 1st in Western Africa. With a population of 10M+ people, Lagos is ranked 82nd in the world. The city has some notable startup success stories including Jiji and its startup ecosystem infrastructure is strengthened by organizations such as Jumia Group and Regus - Lagos, Vibranium Valley.
GROWTH INDUSTRY CONFERENCE 2023 (GRIC) is a conference focused on the Japanese growth industries. It is Japan’s largest hybrid global conference, where top-tier ecosystem builders from Japan and abroad gather under the theme of “bringing Japan’s startup ecosystem to global standards.” “GRIC PITCH” brought together VCs, startup CEOs, CVCs, etc. from Japan and abroad, and […]
Taking the steps for your own startup can be as exciting as it is challenging. Doing everything alone, without support, can be very difficult! But don’t worry, it doesn’t have to be this way.In this article, we will talk about the best startup accelerators and programs that support startups and enable them to access the […]
Within our database, the Healthtech sector emerges as a significant one, constituting 12.83% of all sampled startups, thereby securing its position as the second-largest industry, surpassed only by Software & Data. This article showcases the top 10 cities for healthtech startups. A comprehensive analysis report on 100 cities, as well as regional analysis is available […]