{"id":21075,"date":"2022-06-01T16:06:55","date_gmt":"2022-06-01T16:06:55","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries"},"modified":"2022-06-01T16:28:29","modified_gmt":"2022-06-01T16:28:29","slug":"namibia-ranked-91st-among-top-100-start-up-countries","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries","title":{"rendered":"Namibia ranked 91st among top 100 start-up countries"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>OUT of 100 countries ranked by Start-UpBlink, Namibia has taken 91st place \u2013 an improvement of eight places from its 99th-place ranking last year.<\/b><\/p>\n

Windhoek was ranked the 700th most accommodating city in the world to start-ups, having skipped 156 spots up.<\/p>\n

This improvement is good news and indicative of work being done to improve the ecosystem for upcoming Namibian entrepreneurs, StartUp Namibia’s Jesaya Hano-Oshike says.<\/p>\n

\u201cThe progress of Namibia in the global start-up rankings reflects positively on the work ecosystem players, such as StartUp Namibia, have been doing over the last couple of years to support Namibian start-ups to start and grow,\u201d he says.<\/p>\n

Start-UpBlink ranks countries and cities according to how accommodating they are to newly established small companies and start-ups.<\/p>\n

These rankings are published every year in the Startup Ecosystem Report, and 2022 is the year of global start-up ecosystem uncertainty, says Eli David, StartupBlink’s chief executive officer.<\/p>\n

Despite the challenges, David says entrepreneurs do not owe any hostile environment their hard work.<\/p>\n

\u201cChoose your start-up ecosystem wisely as it greatly affects your chances of success. Where you are matters,\u201d he says.<\/p>\n

He says entrepreneurs will never realise the price of being in the wrong ecosystem, since missed opportunities are hidden, but abundant if the right place is picked.<\/p>\n

\u201cIf you are in the wrong ecosystem, leave it or lead it. Do not stay passively isolated in a place that is underperforming,\u201d he says.<\/p>\n

Many African bright minds have been emigrating to cities where entrepreneurship is valued and appreciated, mainly in the the West.<\/p>\n

David says government ecosystem developers should note that while some governments have been inspirational, other governments are much more timid, quietly watching the tragic brain drain of their most ambitious and talented citizens.<\/p>\n

\u201cThe consequences to the well-being of these communities and future economies are vast. Take action to build your start-up economies and leverage your unique advantages. It’s never too late to start, so start now,\u201d he says.<\/p>\n

The 100 elite list is topped by the United States (US), United Kingdom, and Israel, followed by Canada, Sweden, Germany, Singapore, Australia, France and China ending the top 10.<\/p>\n

A total of 1 000 cities were ranked, and topping that is San Francisco in the US, New York, London, Los Angeles, Boston, Beijing, Shanghai, Bangalore, Tel Aviv area, and Paris taking the 10th place.<\/p>\n

Namibia ranks 91st in the world, and Windhoek is the 700th most-accommodating city in the world.<\/p>\n

According to Hano-Oshike, this means more needs to be done.<\/p>\n

\u201cThere is, however, still a great deal of work to be done, especially within the areas of early stage financing and market access. If these areas are addressed, I believe Namibia can be one of the leading start-up nations in Africa,\u201d Hano-Oshike says.<\/p>\n

In southern Africa, Namibia ranks second just after South Africa, and 11th on the continent.<\/p>\n

Regionally, Windhoek is ranked fifth in southern Africa, and 22nd in Africa.<\/p>\n

In response to the results of the Index, Namibia Investment Promotion and Development Board chief executive Nangula Uaandja said start-ups are instrumental in the economic growth of any nation, more specifically Namibia.<\/p>\n

The World Bank found that for a growing economy, the establishment and support of start-ups will generate revenue domestically, where consumers’ capital will flow around in Namibia’s local economy.<\/p>\n

Start-ups have the ability to change the world by innovating and being creative to the demands of not only our nation, but the interconnected planet.<\/p>\n

\u201cDeveloping one’s idea into a start-up and contributing to our economy will create much-needed employment opportunities, which is fundamental for a private-sector led economy like Namibia,\u201d she says.<\/p>\n

Notable start-ups in Namibia according to StartupBlink are Jabu Logistics, Lefa and EBikes4Africa.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. OUT of 100 countries ranked by Start-UpBlink, Namibia has taken 91st place \u2013 an improvement of eight places from its 99th-place ranking last year. Windhoek was ranked the 700th most accommodating city in the world to start-ups, having skipped 156 spots up. This improvement is good news and indicative of work being […]<\/p>\n","protected":false},"author":84,"featured_media":21074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-21075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNamibia ranked 91st among top 100 start-up countries - Namibia<\/title>\n<meta name=\"description\" content=\"OUT of 100 countries ranked by Start-UpBlink, Namibia has taken 91st place \u2013 an improvement of eight places from its ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia ranked 91st among top 100 start-up countries\" \/>\n<meta property=\"og:description\" content=\"OUT of 100 countries ranked by Start-UpBlink, Namibia has taken 91st place \u2013 an improvement of eight places from its ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-01T16:06:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-01T16:28:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_8-6297937c006cc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"443\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia ranked 91st among top 100 start-up countries\",\"datePublished\":\"2022-06-01T16:06:55+00:00\",\"dateModified\":\"2022-06-01T16:28:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\"},\"wordCount\":630,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_8-6297937c006cc.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-ranked-91st-among-top-100-start-up-countries\",\"name\":\"Namibia ranked 91st among top 100 start-up countries - 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