Five African countries beat Nigeria in tech ecosystem ranking
Nigeria was edged by Kenya, Ghana, and others despite its recent fintech rise.
ADVERTISEMENT
Despite the growth recorded by its startup ecosystem, five African countries performed better than Nigeria in a tech ecosystem of the future ranking report released Monday.
The ranking was conducted by
fDi Intelligence, a specialist division of the Financial Times.
According to the report, South Africa took first place overall, and also first place for Economic Potential, Start-Up Status, and Business Friendliness.
It was followed by Kenya that took second place, both overall and in economic potential.