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Lagos beats Istanbul, Pune to emerge fastest-growing tech city in 2025 – Report

Published on May 23, 2025 at 07:23 AM

A popular Netherlands-based research firm Dealroom.co,has named Nigeria’s Lagos as the fastest-growing tech ecosystem in the world for 2025, ahead of Turkey’s Istanbul and India’s Pune.

The firm disclosed this in its Global Tech Ecosystem Index 2025 report recently released.

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.

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