Nairobi rises in startup friendly cities ranking

Nairobi City skyline. 

Photo credit: File | Nation Media Group

Nairobi has bounced back to rank among the top 150 cities globally that are the most preferred markets for startup investments, a new report shows, even as it retains its top position among East African peers.

The latest Global Startup Ecosystem Index 2023 report published by sector research centre StartupBlink shows Nairobi improved 26 spots in the global rankings to hold the 137th position this year, up from 163rd last year.

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Note: The results are not exact but very close to the actual.