• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

10 worst African cities for Startups in 2024

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
2 min read
0 0
0
56
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

BudgIT Ghana Calls for Deeper Reforms Following 2024 Open Parliament Index Release

Global Economy Undergoing Profound Transformation Amid Heightened Uncertainty, Says IMFC Chair

Fitch Solutions Revises Ghana’s 2025 Growth Forecast Upwards to 4.9% on Easing Inflation and Stronger Cedi

10 worst African cities for Startups in 2024

In Africa, where conventional sectors appear to be reliant on natural resources, startups provide a means of achieving economic diversification.

Africa can become less dependent on resource-based economies and build more resilient economic systems by fostering the growth of new businesses like Fintech, Agritech, Healthtech, and Edtech. Unfortunately, some African cities have been slow to adopt the startup trend.

African cities are ideally positioned to spearhead the continent’s economic change because they are teeming with innovation and opportunity. However, the weak startup environment that exists in some of these urban locations is a major obstacle to achieving this promise.

Poor startup ecosystems can exasperate social and economic disparities owing to the fact that in this era startups have been instrumental in addressing local issues and providing solutions based on what the community wants.

In its absence, many societal concerns that could be tackled remain ignored, and the advantages of economic prosperity are not dispersed equally.

Also, a lack of a proper startup ecosystem creates an innovation gap that can prevent African cities from competing globally.

However, it is important to note that while some cities in Africa are unconducive for Startups, The Global Startup Ecosystem Index 2024 report by Startup Blink shows that several African regions are quickly becoming globally recognized tech hubs.

The report also reveals that there are a good number of African cities that rank in the top 20% of the world’s leading Startup ecosystems globally.

Nonetheless, there are African cities that fall at the bottom 20% of Startup ecosystems globally, and below are 10 of the lowest in the 1000 global cities ranked.

10 worst African cities for Startups in 2024

RankCityCountryScoreGlobal rank
1.KisumuKenya0.120985th
2.DoualaCameroon0.133943rd
3.CotonouBenin0.133942nd
4.AgadirMorocco0.152886th
5.KinshasaDemocratic Republic of the Congo0.154878th
6.KanoNigeria0.159867th
7.RabatMorocco0.177818th
8.YaoundeCameroon0.198778th
9.Port HarcourtNigeria0.203768th
10.HargeisaSomalia0.204762nd
Source: businessinsiderafrica
Via: norvanreports
Tags: 10 worst African cities for Startups in 2024African citiesStartups
No Result
View All Result

Highlights

Nigeria, Kenya Follow Ghana’s Trailblazing GoldBod to Strengthen Economies

Morocco Crowned World Champions at the FIFA U-20 World Cup

GPL: Gold Stars Seek Redemption, Eleven Wonders Hunt First Win in Super Monday Doubleheader

OMCs Begin Over 4% Fuel Price Reductions Amid Cedi Gains and Decline in Global Oil Prices

Nigerians to pay more for ChatGPT on OpenAI’s 7.5% VAT

Prof. Baah-Boateng Urges Bank of Ghana to Prioritise Cedi Stability Amid Sharp Currency Swings

Trending

Features

BudgIT Ghana Calls for Deeper Reforms Following 2024 Open Parliament Index Release

October 20, 2025

BudgIT Ghana Calls for Deeper Reforms Following 2024 Open Parliament Index Release BudgIT, a prominent civic tech...

Global Economy Undergoing Profound Transformation Amid Heightened Uncertainty, Says IMFC Chair

October 20, 2025

Fitch Solutions Revises Ghana’s 2025 Growth Forecast Upwards to 4.9% on Easing Inflation and Stronger Cedi

October 20, 2025

Nigeria, Kenya Follow Ghana’s Trailblazing GoldBod to Strengthen Economies

October 20, 2025

Morocco Crowned World Champions at the FIFA U-20 World Cup

October 20, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.