South Africa Ranked Top Startup Ecosystem in Africa, But Drops in World Rankings
South Africa may still have the highest ranked startup ecosystem for an African country, but it is no longer in the top 50 club, after dropping 13 spots, a new ranking shows.
The ranking — developed by StartupBlink, a global startup ecosystem map with tens of thousands of registered startups, coworking spaces and accelerators — was released last week. It ranks 100 countries and 1000 cities for 2018.
Startup Blink draws its data from what it claims is an algorithm that analyses tens of thousands of data points on registered startups, accelerators and coworking spaces listed on the StartupBlink global startup ecosystem map, as well as data received from its global partners such as Crunchbase and SimilarWeb.
The report puts South Africa just behind Malaysia, Slovakia, Slovenia and Cr...