The Startup Ecosystem of Lagos

Lagos boasts 209 startups in our sample database which represents about 77% of Nigeria’s sampled startups. Lagos is the highest-ranked startup ecosystem in Nigeria.

CITY RANKING

In 2022, the startup scene of Lagos developed considerably and increased in the Global Ecosystem Index by 41 spots.

National Ranking

1st
0
In Nigeria

Regional Ranking

1st
0
In Western Africa

Global Ranking

81st
+
41
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Lagos

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Ecosystem

The Startup Ecosystem in Lagos

Our startup ecosystem map for Lagos includes a sample of 209 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Lagos is ranked within the top 100 startup ecosystems globally.

Top Industries

Lagos’s startups excel particularly in Foodtech where it ranks 24 and in Ecommerce & Retail, and Fintech. Find out more

Top Cities for Startups in Nigeria - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
81st
+
41
8.378
1.31
6.08
0.99
2nd
+
1
473rd
-
7
0.807
0.17
0.20
0.44
3rd
-
1
661st
-
308
0.424
0.05
0.15
0.23
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Startups

Notable Startups in Lagos
OPay startup icon
OPay
Paystack startup icon
Paystack
TeamApt startup icon
TeamApt

Startups

Successful Foodtech startups in Lagos
Babban Gona startup icon
Babban Gona
Food Concepts Plc startup icon
Food Concepts Plc
Farmcrowdy startup icon
Farmcrowdy

Startups

Startups Ranking by Industry

Foodtech icon
Foodtech
#24 worldwide

On our map, you can explore a total of 46 startups for Foodtech.

Ecommerce & Retail icon
Ecommerce & Retail
#43 worldwide

In Western Africa, Lagos' Ecommerce & Retail is in top 43. Lagos has a concentration of about 0% of the country's total Ecommerce & Retail startups that are represented on our map.

Fintech icon
Fintech
#93 worldwide

Fintech is ranked 93rd in the world. Our database contains 26 startups for this industry.

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ECOSYSTEM

Why should you join Lagos's Startup Ecosystem?

Overview

Within Lagos there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Ecommerce & Retail, Fintech. These three industries represent about 52% of the startups represented on the Startup Ecosystem Map of Lagos.

1st

National Rank

1st

Regional Rank

Overview

Lagos is Nigeria's 1st best startup ecosystem and is ranked 1st in Western Africa. With a population of undefined, Lagos is ranked th in the world. The city boasts some notable startup success stories including OPay and its startup ecosystem infrastructure is strengthened by organizations such as Jumia Group and WORKSTATION.

ECOSYSTEM
Startup Infrastructure in Lagos
With a large variety of initiatives, Lagos's startup ecosystem stands out from other cities in Western Africa. Lagos offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Lagos's most prominent support initiatives:

Coworking Spaces

WORKSTATION startup icon

WORKSTATION

360Creativehub startup icon

360Creativehub

Organizations

Autotest Team startup icon

Autotest Team

UR4Africa startup icon

UR4Africa

Digitalbes startup icon

Digitalbes

Featured Ecosystem Portals

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If you are a startup ecosystem developer in Lagos, you can grow your startup economy by becoming a partner.

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