Top startups in Eastern Africa for 2024

In Eastern Africa, we rank 945 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Eastern Africa are falling behind the performance of their global counterparts.

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Accelerators

Top Unicorns in Eastern Africa for 2024

SB Score:630

Liquid Telecom is a leading provider of data, voice, and IP services in Africa, dedicated to advancing the continent's digital transformation.

Industry:
Software & Data
Subindustry:
Software

City Rank (Quatre Bornes)

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National Rank (Mauritius)

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Global Rank (WorldWide)

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SB Score:617

Kilimall is a premier online marketplace in Kenya, designed to streamline shopping for Kenyans. It provides a seamless and enriching shopping experience, ensuring that customers can easily browse and purchase products, which are then delivered directly to their doorstep.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Machakos)

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National Rank (Kenya)

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Global Rank (WorldWide)

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SB Score:591

M-kopa offers affordable asset financing for solar technology and other life-changing products to low-income households. Their clean-energy solutions help improve lives and provide access to essential resources for those in need.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Nairobi)

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National Rank (Kenya)

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Global Rank (WorldWide)

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Total amount:951

Best Startups in Eastern Africa for 2024

SB Score:630

Liquid Telecom is a leading provider of data, voice, and IP services in Africa, dedicated to advancing the continent's digital transformation.

Industry:
Software & Data
Subindustry:
Software

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

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SB Score:617

Kilimall is a premier online marketplace in Kenya, designed to streamline shopping for Kenyans. It provides a seamless and enriching shopping experience, ensuring that customers can easily browse and purchase products, which are then delivered directly to their doorstep.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Machakos)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:591

M-kopa offers affordable asset financing for solar technology and other life-changing products to low-income households. Their clean-energy solutions help improve lives and provide access to essential resources for those in need.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Nairobi)

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National Rank (Kenya)

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Global Rank (WorldWide)

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SB Score:552

Tugende empowers motorcycle taxi drivers to own their bikes in under eighteen months, boosting income, job security, and road safety. Say goodbye to renting forever and hello to a brighter future with Tugende.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Kampala)

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National Rank (Uganda)

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Global Rank (WorldWide)

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SB Score:517

Cytonn Investments is a dynamic investment and real estate firm, offering innovative solutions for clients seeking to grow their wealth and invest in property. With a focus on quality and client satisfaction, Cytonn is committed to delivering exceptional results in the financial and real estate sectors.

Industry:
Fintech
Subindustry:
Investment

City Rank (Nairobi)

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National Rank (Kenya)

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Global Rank (WorldWide)

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SB Score:510

Wasoko revolutionizes small shop connectivity to the digital economy, boosting sales and market reach in emerging markets. Access essential goods and services effortlessly.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Nairobi)

0

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National Rank (Kenya)

0

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Global Rank (WorldWide)

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SB Score:498

CoinAfrique is a mobile app connecting sellers and buyers across 16 African countries through classified ads. Buy and sell easily with just a few taps on your phone.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Grand Baie)

0

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National Rank (Mauritius)

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Global Rank (WorldWide)

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SB Score:497

Poa! offers affordable internet to individuals and small businesses in low-income East African neighborhoods. With data 40% cheaper than network operators, free content, and online services, poa! provides reliable connectivity to empower communities.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Nairobi)

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National Rank (Kenya)

0

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Global Rank (WorldWide)

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SB Score:495

Bayport Management Limited and its subsidiaries offer retail financial services in Mauritius and globally. Specializing in providing accessible financial solutions, they cater to a wide range of clients.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Quatre Bornes)

0

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National Rank (Mauritius)

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Global Rank (WorldWide)

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SB Score:490

Workpay simplifies payroll, benefits, compliance, and finance for local and remote teams in Africa. Streamline your business operations with one platform.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Nairobi)

0

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National Rank (Kenya)

0

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Global Rank (WorldWide)

0

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SB Score:489

Twiga Foods sources fresh produce from farmers and delivers it directly to urban retailers through a B2B marketplace platform. Streamlining supply chains, they ensure quality and efficiency for both farmers and retailers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Nairobi)

0

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National Rank (Kenya)

0

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Global Rank (WorldWide)

0

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Total amount:951

Most Funded Startups in Eastern Africa for 2024

The top three most funded startups in Eastern Africa have raised total funding of more than USD 1.13B. Among the top three funded startups, the most popular industry, based on total funding, is Software & Data.

SB Score:630

Liquid Telecom is a leading provider of data, voice, and IP services in Africa, dedicated to advancing the continent's digital transformation.

Industry:
Software & Data
Subindustry:
Software

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:591

M-kopa offers affordable asset financing for solar technology and other life-changing products to low-income households. Their clean-energy solutions help improve lives and provide access to essential resources for those in need.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:495

Bayport Management Limited and its subsidiaries offer retail financial services in Mauritius and globally. Specializing in providing accessible financial solutions, they cater to a wide range of clients.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

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Total amount:951

Top Hiring Startups in Eastern Africa by Employee Number

The top three hiring startups in Eastern Africa have an average employee size that is smaller than to the global average. Among these, the Fintech industry features the startup with the largest workforce.

SB Score:495

Bayport Management Limited and its subsidiaries offer retail financial services in Mauritius and globally. Specializing in providing accessible financial solutions, they cater to a wide range of clients.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

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Global Rank (WorldWide)

0

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SB Score:294

ebirr is a value-aded and mobile money solution provider

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

0

View

National Rank (Ethiopia)

0

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Global Rank (WorldWide)

0

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SB Score:630

Liquid Telecom is a leading provider of data, voice, and IP services in Africa, dedicated to advancing the continent's digital transformation.

Industry:
Software & Data
Subindustry:
Software

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:591

M-kopa offers affordable asset financing for solar technology and other life-changing products to low-income households. Their clean-energy solutions help improve lives and provide access to essential resources for those in need.

Industry:
Energy & Environment
Subindustry:
Clean Energy

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:945

Explore the Startup Ecosystem of Eastern Africa

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Regional Rank

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Global Rank

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Best Fintech Startups in Eastern Africa for 2024

Eastern Africa startups in the Fintech industry are overperforming their global industry peers. The top three Fintech startups in Eastern Africa have raised more than USD 237M, an amount that is higher than the global industry average.

SB Score:517

Cytonn Investments is a dynamic investment and real estate firm, offering innovative solutions for clients seeking to grow their wealth and invest in property. With a focus on quality and client satisfaction, Cytonn is committed to delivering exceptional results in the financial and real estate sectors.

Industry:
Fintech
Subindustry:
Investment

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:495

Bayport Management Limited and its subsidiaries offer retail financial services in Mauritius and globally. Specializing in providing accessible financial solutions, they cater to a wide range of clients.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:490

Workpay simplifies payroll, benefits, compliance, and finance for local and remote teams in Africa. Streamline your business operations with one platform.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:187

Best Software & Data Startups in Eastern Africa for 2024

Eastern Africa startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in Eastern Africa have raised more than USD 812M, an amount that is higher than the global industry average.

SB Score:630

Liquid Telecom is a leading provider of data, voice, and IP services in Africa, dedicated to advancing the continent's digital transformation.

Industry:
Software & Data
Subindustry:
Software

City Rank (Quatre Bornes)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:498

CoinAfrique is a mobile app connecting sellers and buyers across 16 African countries through classified ads. Buy and sell easily with just a few taps on your phone.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Grand Baie)

0

View

National Rank (Mauritius)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:497

Poa! offers affordable internet to individuals and small businesses in low-income East African neighborhoods. With data 40% cheaper than network operators, free content, and online services, poa! provides reliable connectivity to empower communities.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:240

Best Ecommerce & Retail Startups in Eastern Africa for 2024

Eastern Africa startups in the Ecommerce & Retail industry are overperforming their global industry peers. The top three Ecommerce & Retail startups in Eastern Africa have raised more than USD 352M, an amount that is higher than the global industry average.

SB Score:617

Kilimall is a premier online marketplace in Kenya, designed to streamline shopping for Kenyans. It provides a seamless and enriching shopping experience, ensuring that customers can easily browse and purchase products, which are then delivered directly to their doorstep.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Machakos)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:510

Wasoko revolutionizes small shop connectivity to the digital economy, boosting sales and market reach in emerging markets. Access essential goods and services effortlessly.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:489

Twiga Foods sources fresh produce from farmers and delivers it directly to urban retailers through a B2B marketplace platform. Streamlining supply chains, they ensure quality and efficiency for both farmers and retailers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Nairobi)

0

View

National Rank (Kenya)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:109

Best Countries for Startups
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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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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