Kenya's capital Nairobi up 24 places on startup-friendly city log

Skyline of Nairobi City in Kenya. PHOTO | FILE | NMG

Kenya’s capital Nairobi has improved as one of the most preferred cities for startup investments, climbing 24 places to position 113 globally, up from 137th last year.

According to the latest Global Startup Ecosystem Index report published by sector research centre StartupBlink, Nairobi also rose one spot among African peers to rank third after it pipped South Africa’s Cape Town.