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The Startup Ecosystem of Lusaka

Home to 96% of Zambia’s startups, Lusaka has a vibrant startup ecosystem that is ranked 633 in the world.

CITY RANKING

In 2024, the startup scene of Lusaka shows much promise after advancing in the Global Ecosystem Index by 17 spots.

National Ranking

1st
0
In Zambia

Regional Ranking

6th
-
3
In Southern Africa

Global Ranking

633rd
+
17
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Lusaka Top Startup Industries

Foodtech icon
Foodtech
#195 worldwide

3 startups

Fintech icon
Fintech
#264 worldwide

8 startups

Software & Data icon
Software & Data
#753 worldwide

4 startups

Ecosystem HealthCheck

Lusaka Ecosystem Health Check

The health check tables allow you to look at the performance Lusaka 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
Global63327
Foodtech19563
Fintech00.0000.0000.00
Software & Data00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Hardware & IoT00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Lusaka

Download list
Union54 startup logo
Fintech | Financial Services
Unranked
Lupiya startup logo
Fintech | Financial Services
Unranked
Africa GreenCo startup logo
Energy & Environment | Energy
Unranked
Zazu Africa startup logo
Fintech | Online Banking
Unranked
PremierCredit Zambia startup logo
Fintech | Financial Services
Unranked
RDG Collective startup logo
Hardware & IoT | Manufacturing
Unranked
Yeah startup logo
Ecommerce & Retail | Marketplaces
Unranked
Unranked
Mighty Finance Solution startup logo
Fintech | Fintech-Other
Unranked
ComGrow startup logo
Fintech | Financial Services
Unranked
lendbox  startup logo
Fintech | Financial Technology
Unranked

Browse 16 more startups in Lusaka with the pro account.

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Startup Ecosystem Charts

Startup Funding in Lusaka2017 - 2024

Startup Funding in Lusaka 2017 - 2024

From 2022 to 2023, startup funding in Lusaka has decreased by 82.37%. During this period, the number of deals in Lusaka has decreased by 77.78%. Since 2017, total startup funding in Lusaka exceeded US$ $63.24M.

Average Funding in 2023

$4.15M

Lusaka
Zambia
-20.67% YoY

Funding in 2023

$8.31M

Lusaka
Zambia
-82.37% YoY

Deals in 2023

2

Lusaka
Zambia
-77.78% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B036912

Ecosystem

The Startup Ecosystem in Lusaka

Startups in Lusaka excel in Foodtech, Fintech, and Software & and Data. There are some notable success stories contributing to the city’s growing Foodtech industry. One of the most promising startups in Lusaka in 2024 is Union54, Lupiya, and Africa GreenCo.

Global Rank

Lusaka is ranked within the top 1000 startup ecosystems globally.

Top Industries

Lusaka’s startups excel particularly in Foodtech where it ranks 195 and in Fintech, and Software & Data. Find out more

Top Cities for Startups in Zambia - 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
1st
0
633rd
+
17
0.300
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Lusaka
Union54 startup icon
Union54
Lupiya startup icon
Lupiya
Africa GreenCo startup icon
Africa GreenCo

ECOSYSTEM

Why should you join Lusaka's Startup Ecosystem?

Overview

Within Lusaka there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Fintech, Software & Data. These three industries represent about 56% of the startups represented on the Startup Ecosystem Map of Lusaka.

1st

National Rank

6th

Regional Rank

Overview

Lusaka is Zambia's 1st best startup ecosystem and is ranked 6th in Southern Africa. With a population of 2M - 10M people, Lusaka is ranked 633rd in the world. The city has some notable startup success stories including Union54.

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

BLOG

Recent Posts

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 […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]