Number of tech startups in Africa 2024, by country

Published by Statista Research Department, Nov 19, 2024

The number of tech startups in Nigeria was estimated to have exceeded 3,360 in 2024, the highest number in Africa. To follow, Egypt and Kenya counted approximately 2,112 and 1,000 startups in the same year, respectively. Other key African markets for startups were Algeria, Tanzania, Tunisia, and South Africa.

Estimated number of tech startups in selected African countries in 2024

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Release date

May 2024

Region

Africa

Survey time period

2024

Supplementary notes

* The source specifies that the number exceeds this figure.

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