With a quality score of 0.65 points, South Africa ranked as the best African city for startups in 2022, according to data provided by StartupBlink. The quality score studies parameters that indicate qualitative results achieved by the ecosystem. These parameters include analyzing the traction of the ecosystem’s top startups, as well as reviewing “special entities”. Egypt, Kenya, and Nigeria followed in the ranking.
Leading countries for startups in Africa in 2022, by quality score
The source states that the total score of the rankings is a sum of the quantity, quality, and business environment individual scores. The score ranges from 0 to 328.966 points (maximum score awarded to San Francisco, U.S., the best ranked city in the world according to the Startup Ecosystem Rankings 2021 report).
Quantity Score: Takes into account different metrics, such as number of startups, number of coworking spaces, and number of accelerators, to establish the activity level of the startup ecosystem
Quality Score: Studies parameters that indicate qualitative results achieved by the ecosystem. These parameters include analyzing the traction of the ecosystem’s top startups, as well as reviewing “special entities” the ecosystem has produced: Unicorns, Exits, and Pantheon
Business Score: It is a mix of business and economic indicators at the national level, discounted for cities that haven't reached a critical mass either for Quantity or Quality
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StartupBlink. (May 31, 2022). Leading countries for startups in Africa in 2022, by quality score [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/
StartupBlink. "Leading countries for startups in Africa in 2022, by quality score." Chart. May 31, 2022. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/
StartupBlink. (2022). Leading countries for startups in Africa in 2022, by quality score. Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/
StartupBlink. "Leading Countries for Startups in Africa in 2022, by Quality Score." Statista, Statista Inc., 31 May 2022, https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/
StartupBlink, Leading countries for startups in Africa in 2022, by quality score Statista, https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/ (last visited January 03, 2025)
Leading countries for startups in Africa in 2022, by quality score [Graph], StartupBlink, May 31, 2022. [Online]. Available: https://www.statista.com/statistics/1275592/top-countries-for-startups-in-africa-by-quality-score/