There are roughly 5,188 companies that fit the startup definition on record in Africa, with 5,043 innovators. Almost one startup per innovator at a 1:103 ratio.

Defying the co-founder model much?

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Anyway, mapping it out - the standout startup hotbeds? The top four are interesting collective. I'm sure very few will predict them in this order should they be lucky to guess all 4 right:

🇪🇬 424, Cairo
🇿🇦 152, Cape Town
🇳🇬 86, Lagos
🇿🇦 64, Johannesburg

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Those 4 make up the defacto Silicon Savannah despite being separated by miles on end, remember that Africa is perhaps the most complex economy & embracing its complexities will be paramount.

The investors stand at 316 which equates to 1 investor for every 16 startups.

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Circling back to the startup hotbeds - when looked at from the per country lens rather than per city - the order again changes, further stressing the complexity:

🇳🇬 1,337
🇿🇦 1,332
🇪🇬 816
🇰🇪 526

This 4 countries make up 77% of the startup economy.

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Finally, in the publishing & networking aspect - we have 1,047 dedicated journalists doing media coverage; almost 20 per country. The industry is anchored by about 44 tech hubs, which translates to less than one per country.
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