# Where Startups in Africa Are Based: 2026 Map of 664 Companies

> Map of where 664 funded startups in Africa are based, city by city: Nairobi, Lagos and Cairo lead. $11B raised between them.

Source: https://millionrounds.com/geo-maps/where-africa-startups-are-based (Millionrounds; every figure on the page links to its filing or article)

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

## Leading cities

- Nairobi 61 $696M
- Lagos 59 $503M
- Cairo 49 $393M
- Cape Town 40 $477M
- Johannesburg 21 $130M
- Accra 15 $61M
- Kampala 12 $32M
- Casablanca 11 $39M
- Addis Ababa 8 $27M
- Abidjan 7 $37M
- Giza 6 $469M
- Dakar 6 $23M
- Abuja 4 $79M
- Ibadan 4 $41M
- Ikeja 4 $21M

## By country

- South Africa 148 $3.0B
- Nigeria 134 $2.8B
- Egypt 109 $1.6B
- Kenya 97 $1.9B
- Morocco 33 $234M
- Ghana 26 $162M
- Uganda 17 $85M
- Ethiopia 14 $35M
- Tanzania 10 $210M
- Senegal 10 $177M
- Mauritius 10 $464M
- Côte d’Ivoire 9 $42M

## Best-funded

- [**Frontier Car Group** Nigeria · $547M](https://millionrounds.com/company/frontier-car-group)
- [*S* **Spiro** Kenya · $508M](https://millionrounds.com/company/spiro)
- [*P* **Perk** South Africa · $500M](https://millionrounds.com/company/perk)
- [**MNT-Halan** Egypt · $425M](https://millionrounds.com/company/mnt-halan)
- [*M* **Miro** Algeria · $400M](https://millionrounds.com/company/miro)
- [*M* **Moniepoint** Nigeria · $400M](https://millionrounds.com/company/moniepoint)
- [**SMILE Telecoms Holdings** Mauritius · $365M](https://millionrounds.com/company/smile-telecoms-holdings)
- [**Moove** Nigeria · $350M](https://millionrounds.com/company/moove)
- [**Tyme Group** South Africa · $250M](https://millionrounds.com/company/tyme-group)
- [*ZB* **Zenith Bank** Nigeria · $226M](https://millionrounds.com/company/zenith-bank)
- [*AC* **Altvest Capital Limited** South Africa · $210M](https://millionrounds.com/company/altvest-capital-limited)
- [*N* **Nile** South Africa · $198M](https://millionrounds.com/company/nile)

**How this map is made.** Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

## More geo maps

[All geo maps](https://millionrounds.com/geo-maps)

[Region **Where startups in the Middle East and North Africa are based** 921 startups](https://millionrounds.com/geo-maps/where-mena-startups-are-based)[Region **Where startups in North America are based** 45,424 startups](https://millionrounds.com/geo-maps/where-north-america-startups-are-based)[Region **Where startups in Europe are based** 23,112 startups](https://millionrounds.com/geo-maps/where-europe-startups-are-based)[Region **Where startups in East Asia are based** 5,919 startups](https://millionrounds.com/geo-maps/where-east-asia-startups-are-based)[Region **Where startups in DACH are based** 3,128 startups](https://millionrounds.com/geo-maps/where-dach-startups-are-based)[Region **Where startups in Southern Europe are based** 2,509 startups](https://millionrounds.com/geo-maps/where-southern-europe-startups-are-based)

## Raising where these startups are?

Find the investors who back startups in these cities, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)