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Establishing a new business is relatively common in Africa, where the average entrepreneurial rate is one of the highest worldwide. While the lack of employment often drives startup activities in developing regions, market opportunities and the rising digitalization have increasingly motivated African entrepreneurs, leading to more startup creations in the technology sector. By introducing innovative digital services, the continent’s tech startups have attracted the interest of both international and local investors, with the total funding value growing from less than 190 million U.S. dollars in 2015 to over two billion U.S. dollars in 2021. Africa's largest economies present the most competitive startup environments. Considering several indicators, such as the number of startups, incubators, co-working spaces, and the overall economic ecosystem, South Africa, Nigeria, and Kenya were the most favorable African countries for startups in 2022.