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The Startup Ecosystem of Zambia

Zambia has 1 city in the top 1000 and is one of Southern Africa’s best countries for setting up a startup.

COUNTRY RANKING

Zambia’s startup scene remains stable in 2024 on the 113th position, having kept 1 city in the global top 1000.

Population

20.6
Million

Regional Ranking

4th
-
1
In Southern Africa

Global Ranking

113th
0
Worldwide

Startups

Zambia Top Startup Industries

Fintech icon
Fintech
8 startups
Ecommerce & Retail icon
Ecommerce & Retail
5 startups
Software & Data icon
Software & Data
4 startups

Ecosystem HealthCheck

Zambia Ecosystem Health Check

The health check tables allow you to look at the performance Zambia 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
Global11328
Ecommerce & RetailN/A05
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Zambia

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
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

Browse 17 more startups in Zambia with the pro account.

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Startup Ecosystem Charts

Startup Funding in Zambia2017 - 2024

Startup Funding in Zambia 2017 - 2024

From 2022 to 2023, startup funding in Zambia has decreased by 64.33%. During this period, the number of deals in Zambia has decreased by 66.67%. Since 2017, total startup funding in Zambia exceeded US$ $73.84M.

Average Funding in 2023

$5.60M

Zambia
Southern Africa
+7.02% YoY

Funding in 2023

$16.81M

Zambia
Southern Africa
-64.33% YoY

Deals in 2023

3

Zambia
Southern Africa
-66.67% 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 Zambia

In 2024, Zambia register a rise in Fintech startups. Some of the most notable success stories in this industry are those of , Union54.

Global Rank

Zambia is ranked below the top 1000 startup ecosystems globally.

Top Industries

Zambia’s startup scene is best represented in Fintech, Ecommerce & Retail, and in Software & Data.

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

Access subscores for 1000 cities and 100 countries

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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
Pro

Startups

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

BLOG

Recent Posts

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Corporate Startup Activity Index 2025

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Thu Mar 06 2025

The Impact of Government Support on Startups

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Thu Feb 20 2025

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