Namibia has 1 city in the top 1000 and is one of Southern Africa’s best countries for setting up a startup.
Namibia’s startup scene saw an increase in 2023 and jumped 3 spots from the previous year, outranking Bangladesh.
The Namibian startup scene offers local entrepreneurs a secure and stable environment which promotes entrepreneurship and innovation in the region. The main challenges for Namibian startup ecosystems are the lack of physical infrastructure, heavy bureaucracy and administrative requirements, access-to-market, and low levels of funding for startups. There is also work to be done in developing sufficient entrepreneurial talent in Namibia, especially given the country’s small population. Yet, the country achieved a milestone in 2022 with Jabu, a last-mile delivery startup that became the first to raise Series A investment.
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The health check tables allow you to look at the performance Namibia 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...
Namibia is ranked within the top 100 startup ecosystems globally.
Namibia’s startup scene is best represented in Social & Leisure, Hardware & IoT, and in and Healthtech.
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