Lagos has been named the world's fastest-growing tech city for 2025, according to the Global Tech Ecosystem Index 2025 released by (link unavailable) The city's tech ecosystem has achieved an 11.6x increase in valuation since 2017, with five tech unicorns:

- *Tech Unicorns:*

- *Interswitch*

- *Flutterwave*

- *Jumia*

- *OPay*

- *Moniepoint*

This accomplishment sets Lagos apart as a prime destination for startups and venture capital in Africa and beyond. The city's ranking under the "Rising Stars" category highlights its rapidly expanding tech ecosystem, outperforming global counterparts in growth relative to its economic size ¹.

*Top 5 Fastest-Growing Tech Hubs:*

- *1. Lagos, Nigeria*

- *2. Istanbul, Turkey*

- *3. Pune, India*

- *4. Belo Horizonte, Brazil*

- *5. Curitiba, Brazil*

Lagos' growth is attributed to strategic investments under Governor Babajide Sanwo-Olu's administration, including over ₦1 billion in grants for local startups. The city's innovation scene is vibrant, with thousands of youths working on tech projects to resolve everyday challenges ¹.