Lagos Tops Africa's Start-Up List, But Warns: "Improve or Lose It"

Lagos, Nigeria, has been named Africa's most start-up-friendly city in a new global ranking. The report states that Lagos already operates like a major international hub for new businesses. However, it issues a clear warning. The city's long-term position depends on rapid improvements. Key areas needing urgent development are infrastructure, business regulations, and general quality of life for residents. The study suggests that without progress in these areas, Lagos risks losing its top status.