Top startups in Western Africa for 2024

In Western Africa, we rank 855 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Western Africa are falling behind the performance of their global counterparts.

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Top Unicorns in Western Africa for 2024

1st

WAVE
SB Score:663

Wave mission is to make Africa the first cashless continent in the world On a continent where more than half of the population does not have a bank account, Wave offers the first network of financial services without account management fees, available instantly and everywhere! Wave is the first Francophone Africa Unicorn.

Industry:
Fintech
Subindustry:
Payments

City Rank (Dakar)

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National Rank (Senegal)

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SB Score:656

Flutterwave is revolutionizing the way global merchants and payment service providers in Africa process payments. Their fintech platform offers a seamless payment infrastructure, making transactions fast, secure, and hassle-free.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lagos)

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National Rank (Nigeria)

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3rd

Wave
SB Score:426

Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage.

Industry:
Social & Leisure
Subindustry:
Entertainment

City Rank (Dakar)

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National Rank (Senegal)

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Global Rank (WorldWide)

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Total amount:3

Best Startups in Western Africa for 2024

1st

Jiji
SB Score:631

Jiji is a leading classifieds marketplace in Africa. Starting from Nigeria, the company expanded to four new geographies in 2019. Following an OLX acquisition, Jiji’s monthly audience exceeded 8mn monthly unique users.

Industry:
Marketing & Sales
Subindustry:
Adtech

City Rank (Lagos)

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National Rank (Nigeria)

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SB Score:579

Paystack enables businesses to easily accept payments online and in-person, globally. Their platform ensures seamless transactions for customers worldwide, making it convenient to pay for goods and services.

Industry:
Fintech
Subindustry:
Payments

City Rank (Ikeja)

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National Rank (Nigeria)

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SB Score:557

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

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National Rank (Nigeria)

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SB Score:503

mPharma helps pharmaceutical and insurance companies provide affordable healthcare by improving access to medicines for all populations.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Accra)

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National Rank (Ghana)

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Global Rank (WorldWide)

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SB Score:499

Reliance HMO is a cutting-edge health insurance provider leveraging technology to deliver seamless healthcare services. Offering innovative solutions, they aim to make quality healthcare accessible to all.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Lagos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:499

Autochek is a cutting-edge automotive technology company dedicated to creating digital solutions for the industry. Their goal is to revolutionize the way people interact with their vehicles by providing innovative and user-friendly tools.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Lagos)

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National Rank (Nigeria)

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SB Score:482

Reliance Health uses technology to make quality healthcare more affordable and accessible in emerging markets. Using an integrated approach that includes affordable health insurance, telemedicine, and a combination of partner and proprietary healthcare facilities.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Lagos)

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National Rank (Nigeria)

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SB Score:477

uLesson mobile platform offers a seamless learning experience through academics, media, and technology. Students access curriculum content through streaming and SD cards, enhancing their educational journey.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Jos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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9th

ANKA
SB Score:468

ANKA is a platform to discover, buy, and sell African fashion, arts, and crafts. ANKA’s goal is to allow African creation lovers to live their passion while allowing the creators to live from theirs.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Abidjan)

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National Rank (Ivory Coast)

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Global Rank (WorldWide)

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SB Score:468

SeamlessHR is building Africa’s first enterprise-grade, cloud-based HR platform. SeamlessHR’s end-to-end suite helps medium to large-sized companies automate and optimise their entire HR process from recruitment to retirement.

Industry:
Marketing & Sales
Subindustry:
Marketing & Sales-Other

City Rank (Ikeja)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:465

PiggyVest is a financial management platform for individuals and businesses to effectively handle their finances. Manage your money better with PiggyVest.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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Total amount:855

Most Funded Startups in Western Africa for 2024

The top three most funded startups in Western Africa have raised total funding of more than USD 246M. Among the top three funded startups, the most popular industry, based on total funding, is Fintech.

SB Score:557

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:503

mPharma helps pharmaceutical and insurance companies provide affordable healthcare by improving access to medicines for all populations.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Accra)

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National Rank (Ghana)

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Global Rank (WorldWide)

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SB Score:462

Kobo360 is a platform that links cargo owners with truck drivers, streamlining the logistics process. Joining them is as easy as signing up, giving you access to a network of reliable transportation options for your goods.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Lagos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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Total amount:855

Top Hiring Startups in Western Africa by Employee Number

The top three hiring startups in Western Africa have an average employee size that is smaller than to the global average. Among these, the Healthtech industry features the startup with the largest workforce.

SB Score:503

mPharma helps pharmaceutical and insurance companies provide affordable healthcare by improving access to medicines for all populations.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Accra)

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National Rank (Ghana)

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Global Rank (WorldWide)

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SB Score:216

Cofina SГѓВ©nГѓВ©gal is a microfinance group focusing its activities on income-generating loans and guarantees to unbanked MSMEs.

Industry:
Ecommerce & Retail
Subindustry:
Marketplaces

City Rank (Dakar)

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National Rank (Senegal)

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Global Rank (WorldWide)

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SB Score:151

Cofina Mali is a microfinance group supporting the growth of thousands of informal micro-enterprises.

Industry:
Ecommerce & Retail
Subindustry:
Marketplaces

City Rank (Bamako)

0

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National Rank (Mali)

0

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Global Rank (WorldWide)

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Total amount:855

Explore the Startup Ecosystem of Western Africa

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Regional Rank

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Global Rank

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Best Fintech Startups in Western Africa for 2024

Western Africa startups in the Fintech industry are overperforming their global industry peers. The top three Fintech startups in Western Africa have raised more than USD 141M, an amount that is higher than the global industry average.

SB Score:579

Paystack enables businesses to easily accept payments online and in-person, globally. Their platform ensures seamless transactions for customers worldwide, making it convenient to pay for goods and services.

Industry:
Fintech
Subindustry:
Payments

City Rank (Ikeja)

0

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National Rank (Nigeria)

0

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Global Rank (WorldWide)

0

Browse
SB Score:557

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

0

View

National Rank (Nigeria)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:465

PiggyVest is a financial management platform for individuals and businesses to effectively handle their finances. Manage your money better with PiggyVest.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

0

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National Rank (Nigeria)

0

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Global Rank (WorldWide)

0

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Total amount:159

Best Software & Data Startups in Western Africa for 2024

Western Africa startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in Western Africa have raised more than USD 75.5M, an amount that is higher than the global industry average.

SB Score:499

Reliance HMO is a cutting-edge health insurance provider leveraging technology to deliver seamless healthcare services. Offering innovative solutions, they aim to make quality healthcare accessible to all.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Lagos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:428

Gokada is a mobile application software for motorcycle and taxi that revolutionizes the way people move around the cities.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Oworonshoki)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:428

Tizeti provides broadband internet services to densely populated urban centers in Africa.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Lagos)

0

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National Rank (Nigeria)

0

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Global Rank (WorldWide)

0

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Total amount:218

Best Ecommerce & Retail Startups in Western Africa for 2024

Western Africa startups in the Ecommerce & Retail industry are overperforming their global industry peers. The top three Ecommerce & Retail startups in Western Africa have raised more than USD 135M, an amount that is higher than the global industry average.

1st

ANKA
SB Score:468

ANKA is a platform to discover, buy, and sell African fashion, arts, and crafts. ANKA’s goal is to allow African creation lovers to live their passion while allowing the creators to live from theirs.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Abidjan)

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National Rank (Ivory Coast)

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Global Rank (WorldWide)

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SB Score:460

Cars45 buys, sells, prices, and rates the condition of pre-owned autos. The Cars45 process begins online, where owners enter their vehicle information for a free quote. They can then schedule an appointment at one of the company’s 13 inspection centers in Nigeria.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Lagos)

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National Rank (Nigeria)

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Global Rank (WorldWide)

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SB Score:457

PropertyPro.ng is Nigeria's premier real estate search platform. Discover your dream property with ease. Simplifying the property search process, PropertyPro.ng offers a seamless experience for users.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Ikeja)

0

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National Rank (Nigeria)

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Global Rank (WorldWide)

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Total amount:138

Best Countries for Startups

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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