Trending Cotonou, Littoral Department, Benin Startups

Cotonou the largest city in benin has a thriving startup scene that is gaining momentum the city is located in the littoral department which is known for its bustling port and strategic location on the gulf of guinea with a population of over 2 million people cotonou is a hub of activity and innovation entrepreneurship has a long history in benin with many successful businesses founded by local entrepreneurs the city has a number of universities including the university of abomeycalavi which has a strong focus on technology and innovation in recent years cotonou has seen a number of technological innovations including the development of mobile payment systems and ecommerce platforms companies such as afrimarket and jumia have been founded in the area and many others have established their headquarters in the city despite its successes cotonou faces a number of challenges the living wage in the area is low with many people struggling to make ends meet the unemployment rate is high and many young people are struggling to find work the citys gdp is also relatively low and there is a high rate of new companies starting and ending despite these challenges the startup scene in cotonou is thriving the city has a vibrant community of entrepreneurs and innovators who are working to create new businesses and technologies that can help to drive economic growth and development with its strategic location strong educational institutions and innovative spirit cotonou is poised to become a major player in the global startup scene