Lagos has been ranked the world’s fastest-growing emerging technology ecosystem, outpacing major innovation hubs across Asia, Europe, Latin America, and the Middle East, according to the Global Tech Ecosystem Index (GTEI) 2025 released by global data platform Dealroom.
The Nigerian commercial capital claimed the top spot on the World’s Top 20 Fastest-Growing Emerging Tech Ecosystems list, strengthening its reputation as Africa’s leading technology hub and an increasingly influential player on the global innovation stage.
Lagos finished ahead of Istanbul, Turkey, which ranked second, and Pune, India, in third place. Other cities in the top 10 include Belo Horizonte and Curitiba in Brazil, Mumbai and Chennai in India, Riyadh in Saudi Arabia, Johannesburg in South Africa, and Ho Chi Minh City in Vietnam.
According to Dealroom, the ranking measures growth across key indicators such as startup formation, venture capital investment, talent concentration, and overall ecosystem maturity. The 2025 index places particular emphasis on cities outside traditional global tech capitals, highlighting how innovation is accelerating in new and previously underrepresented markets.
Lagos’ rise has been driven by a surge in fintech, e-commerce, logistics, health tech, and creative technology startups, alongside growing interest from local and international investors. The city is home to several of Africa’s most valuable startups and attracts a significant share of the continent’s venture capital funding.
Industry analysts say the ranking reflects Lagos’ ability to combine a large consumer market, entrepreneurial talent, and increasing digital adoption, despite ongoing challenges such as infrastructure gaps and regulatory pressures.
With its top placement in the GTEI 2025, Lagos continues to position itself not just as Africa’s tech capital, but as one of the most dynamic emerging innovation ecosystems in the world.
Source: Dealroom, Global Tech Ecosystem Index (GTEI) 2025
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