Liberia
Africa · Pop. 5.6M
Enterprise value · 2020–2025
Liberia grew 2.3× since 2020
Combined enterprise value of every tracked startup headquartered in Liberia that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Academia
Liberia's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Liberia.
Vs. similarly-sized ecosystems
How Liberia stacks up
Peers chosen from the same Africa cluster within ±70% of Liberia's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Africa ecosystems — combined view
Top ecosystems in Africa ranked by combined EV. Liberia's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | South Africa | $18.8B | 8.2× | 2 | $406.5M | 969 |
| 2 | Nigeria | $18.2B | 12.5× | 6 | $227.5M | 919 |
| 3 | Egypt | $12.3B | 9.6× | 4 | $416.9M | 834 |
| 4 | Kenya | $8.9B | 10.2× | 0 | $269.6M | 520 |
| 5 | Seychelles | $3.1B | — | 1 | $15.8M | 46 |
| 6 | Senegal | $2B | 98.9× | 1 | $13.5M | 52 |
| 7 | Mauritius | $1.9B | 29.4× | 0 | $19.5M | 42 |
| 8 | Ghana | $1.6B | 5.3× | 0 | $146.9M | 193 |
| 9 | Tunisia | $1.1B | 37.2× | 0 | $5.1M | 110 |
| 10 | Rwanda | $705M | 5.8× | 0 | $13.2M | 57 |
| 11 | Morocco | $653.2M | 8.4× | 0 | $20.2M | 146 |
| 30 | Liberia | $42M | — | 0 | $0 | 4 |
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