C
Originally published by Capital Business
📰 Read Full Article
business
September 8, 2025
22h ago

Report ranks Mombasa, Nairobi as popular startup hotspots

Report ranks Mombasa, Nairobi as popular startup hotspots

NAIROBI, Kenya, Sept 8 - Nairobi and Mombasa have been ranked among Kenya’s most popular startup hotspots, according to the Global Startup Ecosystem Index Kenya breaking news | Kenya news today |..

✨ Key Highlights

Nairobi and Mombasa have been recognized as Kenya's leading startup hubs, according to the Global Startup Ecosystem Index 2025. Kenya topped Africa's startup funding in 2024, raising Sh82.3 billion ($638 million).

  • Nairobi improved six spots to 107th globally, while Mombasa leaped from 1,122nd to 916th.
  • The Global Startup Ecosystem Index assesses 118 countries and 1,473 cities on startup activity, quality, and business environment.
  • Mombasa boasts the highest growth rate in Kenya at over 104%.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Part of the Day's Coverage

Kenya Rises to 58th in Global Startup Ranking as Sh2.6bn Disbursed to MSMEs - September 2025

Kenya has significantly improved its global standing by climbing five places to 58th in the Global Startup Ecosystem Index 2025, entering the top 100 business-friendly nations for the first time. The same index recognized Nairobi and Mombasa as the country's leading startup hubs. In 2024, Kenya topped Africa's startup funding, successfully raising Sh82.3 billion ($638 million). In a related development supporting small enterprises, the National Treasury and the Kenya Development Corporation (KDC) have disbursed Sh2.625 billion over the past year. This funding was distributed to Micro, Small and Medium Enterprises (MSMEs) through the Supporting Access to Finance and Enterprise Recovery (SAFER) Project.

3 stories in this topic
View Full Coverage