The number of startups in Nigeria was estimated to have exceeded 3,360 in 2022, the highest number in Africa. To follow, Kenya and South Africa counted approximately 1,000 and over 660 startups in the same year, respectively. Other key African markets for startups were Ghana, Morocco, Tunisia, and Rwanda.
Estimated number of startups in selected African countries in 2022
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The Fintech Times. (November 1, 2022). Estimated number of startups in selected African countries in 2022 [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/
The Fintech Times. "Estimated number of startups in selected African countries in 2022." Chart. November 1, 2022. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/
The Fintech Times. (2022). Estimated number of startups in selected African countries in 2022. Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/
The Fintech Times. "Estimated Number of Startups in Selected African Countries in 2022." Statista, Statista Inc., 1 Nov 2022, https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/
The Fintech Times, Estimated number of startups in selected African countries in 2022 Statista, https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/ (last visited July 16, 2024)
Estimated number of startups in selected African countries in 2022 [Graph], The Fintech Times, November 1, 2022. [Online]. Available: https://www.statista.com/statistics/1290679/number-of-startups-in-africa-by-country/