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Number of startups in Africa 2022, by country

Published by Statista Research Department, Feb 6, 2023
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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Release date

November 2022

Region

Africa

Survey time period

2022

Supplementary notes

* The source specifies that the number exceeds this figure.

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