Dakar has 48 startups in our sample database. This represents about 96% of Senegal’s startups. Dakar is the highest-ranked startup ecosystem in Senegal.
In 2024, the startup scene of Dakar developed considerably and increased in the Global Ecosystem Index by 78 spots.
13 startups
9 startups
4 startups
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The health check tables allow you to look at the performance Dakar 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...
Startup Funding in Dakar 2017 - 2024
From 2022 to 2023, startup funding in Dakar has decreased by 38.08%. During this period, the number of deals in Dakar has decreased by 47.62%. Since 2017, total startup funding in Dakar exceeded US$ $334.01M.
Average Funding in 2023
$970.86K
Funding in 2023
$10.68M
Deals in 2023
11
USD
Amount of Funding (USD)
Number of Deals
Dakar is ranked within the top 300 startup ecosystems globally.
Dakar’s startups excel particularly in Fintech where it ranks 124 and in Transportation, and Foodtech. Find out more
Within Dakar there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Transportation, Foodtech. These three industries represent about 54% of the startups represented on the Startup Ecosystem Map of Dakar.
Dakar is Senegal's 1st best startup ecosystem and is ranked 2nd in Western Africa. With a population of 2M - 10M people, Dakar is ranked 261st in the world. The city has some notable startup success stories including WAVE.
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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 […]