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The Startup Ecosystem of Zambia

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

COUNTRY RANKING

Since 2023, Zambia lost 4 spots in the Global Startup Ecosystem Index, having now positioned itself as 113th worldwide.

Population

20
Million

Regional Ranking

3rd
0
In Southern Africa

Global Ranking

113th
-
4
Worldwide

Startups

Zambia Top Startup Industries

Fintech icon
Fintech
7 startups

7 startups

Foodtech icon
Foodtech
4 startups

4 startups

Ecommerce & Retail icon
Ecommerce & Retail
1 startups

1 startups

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Ecosystem HealthCheck

Zambia Ecosystem Health Check

The health check tables allow you to look at the performance Zambia 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...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score113-40.177100%0
Quantity Score11200.06134.43%-3
Sample size of startups106-10801230.27%-4
Sample size of accelerators108-119-1100%-1
Sample size of coworking spaces108070%1
Community Score106N/A0.0074.16%0

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ECOSYSTEM

Browse the startup ecosystem database of Zambia

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Ecosystem

The Startup Ecosystem in Zambia

In 2023, Zambia register a rise in Fintech startups. Some of the most notable success stories in this industry are those of , Union54.

Global Rank

Zambia is ranked below the top 1000 startup ecosystems globally.

Top Industries

Zambia’s startup scene is best represented in Fintech, Foodtech, and in Ecommerce & and Retail.

Top Cities for Startups in Zambia - 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 ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
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Quantity Score		Quality ScoreBusiness Score
1st
0
Lusaka, Zambia
650th
+
84
0.309
00.00
00.00
00.00
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Startups

Notable Startups in Zambia
Union54 startup icon
Union54
Zazu Africa startup icon
Zazu Africa
Good Nature Agro startup icon
Good Nature Agro

Startups

Successful Fintech startups in Zambia
Union54 startup icon
Union54
Zazu Africa startup icon
Zazu Africa
Lupiya startup icon
Lupiya

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