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The Startup Ecosystem of Cotonou

Home to 91% of Benin’s startups, Cotonou has a vibrant startup ecosystem that is ranked 942 in the world.

CITY RANKING

In 2024, the startup scene of Cotonou developed considerably and increased in the Global Ecosystem Index by 175 spots.

National Ranking

1st
0
In Benin

Regional Ranking

12th
0
In Western Africa

Global Ranking

942nd
+
175
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Cotonou Top Startup Industries

Software & Data icon
Software & Data
3 startups
Ecommerce & Retail icon
Ecommerce & Retail
2 startups
Fintech icon
Fintech
1 startups

Ecosystem HealthCheck

Cotonou Ecosystem Health Check

The health check tables allow you to look at the performance Cotonou 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global942194024

ECOSYSTEM

Browse the startup ecosystem database of Cotonou

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Startup Ecosystem Charts

Startup Funding in Cotonou2017 - 2024

Startup Funding in Cotonou 2017 - 2024

From 2022 to 2023, startup funding in Cotonou has remained stable%. During this period, the number of deals in Cotonou has remained stable%. Since 2017, total startup funding in Cotonou exceeded US$ $0.00.

Ecosystem

The Startup Ecosystem in Cotonou

Startups in Cotonou excel in Software & Data, Ecommerce & Retail, and and Fintech. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Cotonou in 2024 is Spironet, FedaPay, and YLOMI.

Global Rank

Cotonou is ranked within the top 1000 startup ecosystems globally.

Top Industries

Cotonou’s startups excel particularly in Software & Data and in Ecommerce & Retail, and Fintech. Find out more

Top Cities for Startups in Benin - Ranked by StartupBlink

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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2024 National Rank CityGlobal Rank
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Total Score
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Quantity Score
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Quality Score
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Business Score
No Data Available
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Download CSV file
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Startups

Notable Startups in Cotonou
Spironet startup icon
Spironet
FedaPay startup icon
FedaPay
YLOMI startup icon
YLOMI

ECOSYSTEM

Why should you join Cotonou's Startup Ecosystem?

Overview

1st

National Rank

12th

Regional Rank

Overview

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]