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.
In 2022, the startup scene of Lagos developed considerably and increased in the Global Ecosystem Index by 41 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Lagos is ranked within the top 100 startup ecosystems globally.
Lagos’s startups excel particularly in Foodtech where it ranks 24 and in Ecommerce & Retail, and Fintech. Find out more
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On our map, you can explore a total of 46 startups for Foodtech.
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 is ranked 93rd in the world. Our database contains 26 startups for this industry.
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.
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.
If you are a startup ecosystem developer in Lagos, you can grow your startup economy by becoming a partner.
Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]
Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide. StartupBlink’s GSEI is based on an elaborate algorithm […]
What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita. The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]