Lagos has been recognized as the fastest-growing tech ecosystem in the world for 2025 by Dealroom.co, a prominent Netherlands-based research firm.
The city outpaced other global tech hubs, including Istanbul, Turkey, and Pune, India, marking a significant milestone for Nigeria’s burgeoning tech industry.
According to dailypost, the firm disclosed this in its Global Tech Ecosystem Index 2025 report recently released.
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The report explained that Lagos emerged top fastest-growing tech city because it plays home to 5 unicorns, including Interswitch, Flutterwave, Jumia, OPay, and Moniepoint.
The report said Lagos and other cities in the category are giving rise to a new generation of tech companies.
“This year, Lagos (#1) is topping the list, having created 5 unicorns and grown its ecosystem valuation 11.6x since 2017 despite a smaller economy,” the report stated.
DAILY POST reports Turkey’s Istanbul, followed by India’s Pune, came behind Lagos as the second and third fastest-growing tech cities in the world.